Podcasts about money timeless lessons

Morgan Housel once looked back at his twenties as a carefree, simple time, living in a beautiful apartment with his wife. But she quickly reminded him how anxious he truly was. His nostalgia had erased the uncertainty he once felt, just like how investors look back at past market growth and assume success was inevitable. In this episode, Morgan explains why the past is never as clear as we remember and why the future won't be either. He also shares how entrepreneurs can build wealth despite uncertainty, the key to long-term success in the stock market, and practical strategies for sustainable financial planning. In this episode, Hala and Morgan will discuss:  (00:00) Introduction (02:14) Why Most Financial Resolutions Fail (04:06) Balancing Saving and Spending Habits (09:15) The Power of Long-Term Investing (13:30) Navigating Startup Risks Wisely (15:49) What Sets Genius Entrepreneurs Apart (18:50) Why Doubt Is Necessary for Entrepreneurs (22:23) How Hindsight Can Misguide Investors (29:22) Wealth Inequality in the Social Media Era (34:36) Turning Anxiety About the Future into Action (40:23) The Financial Mistakes We Keep Repeating (48:38) Elon Musk's Extreme Risk-Taking Strategy (50:42) Embracing Failure for Lasting Success (53:55) How Rumors Shape Financial Markets Morgan Housel is an investor, partner at The Collaborative Fund, and author of the New York Times bestsellers The Psychology of Money and Same As Ever. A former columnist for The Motley Fool and The Wall Street Journal, he simplifies complex financial ideas, emphasizing long-term thinking, compounding, and decision-making over market predictions. He is also a two-time Best in Business Award winner from the Society of American Business Editors and Writers. Connect with Morgan: Website: morganhousel.com  Linkedin: linkedin.com/in/morgan-housel-5b473821  Instagram: instagram.com/morganhousel  Twitter: x.com/morganhousel  Facebook: facebook.com/morgan.housel.5  Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify  Airbnb - Your home might be worth more than you think. Find out how much at airbnb.com/host Rocket Money - Cancel your unwanted subscriptions and reach your financial goals faster with Rocket Money. Go to rocketmoney.com/profiting Indeed - Get a $75 job credit at indeed.com/profiting    RobinHood - Receive your 3% boost on annual IRA contributions, sign up at robinhood.com/gold Factor - Get 50% off your first box plus free shipping when you use code FACTORPODCAST at factormeals.com/profiting50off  Active Deals - youngandprofiting.com/deals   Resources Mentioned: Morgan Housel: How to ACTUALLY Build Wealth, Investing to Gain Financial Independence | E266: youngandprofiting.co/4147SpO  Morgan's Book, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness: amzn.to/3EoljZ0  Morgan's Book, Same as Ever: A Guide to What Never Changes: amzn.to/4aOX7uV  Morgan's Podcast, The Morgan Housel Podcast: bit.ly/3EljBre  Key YAP Links Reviews - ratethispodcast.com/yap  Youtube - youtube.com/c/YoungandProfiting  LinkedIn - linkedin.com/in/htaha/  Instagram - instagram.com/yapwithhala/  Social + Podcast Services: yapmedia.com  Transcripts - youngandprofiting.com/episodes-new  Finance, Financial, Personal Finance, Wealth, Stock Market, Scalability, Investment, Financial Freedom, Risk Management, Financial Planning, Business Coaching, Finance Podcast, Investing, Saving.

Astro themes of October! (00:01:33) October 1st - 2nd: Correction.  The Sun Mercury cazimi and the Libra eclipse - Something is wrong. (00:02:42) October 3rd - 7th: Analysis.  Mercury square Mars creating challenge in decision making. (00:04:07) October 8th - 13th: Intuition Mercury in Libra trine Jupiter in Gemini - Manifesting time! (00:07:11) October 14th - 19th: The beginning of transformation Venus opposite Uranus - What or who is draining your wealth and energetic resources? (00:12:34) October 20th - 24th: Refinement Mercury trine Saturn rx - Get clear headed on things. (00:15:30) October 25th - 31st: Picking your battles Mars sextile Uranus - A boost of freedom Books!!! (00:18:19) Aries Book Picks: Purpose, destiny and evolution of networks. The Crossroads of Should and Must: Find and Follow Your Passion by Elle Luna. The Tipping Point: How Little Things Can Make a Big Difference by Malcolm Gladwell. (00:19:05) Taurus Book Picks: Being unapologetically the self and evolution of your professional goals. Braving the Wilderness: The Quest for True Belonging and the Courage to Stand Alone by Brené Brown The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses by Eric Ries (00:19:50) Gemini Book Picks: Making your own luck and intense spiritual growth The Luck Factor: The Four Essential Principles by Richard Wiseman The Untethered Soul: The Journey Beyond Yourself by Michael A. Singer (00:20:20) Cancer Book Picks: Innovative visions and or Financial transformation Creative Confidence: Unleashing the Creative Potential Within Us All by Tom Kelley and David Kelley You Are a Badass at Making Money by Jen Sincero (00:21:07) Leo Book Picks: Rebirth in alliances and the evolution of connections with others. Dare to Lead: Brave Work. Tough Conversations. Whole Hearts. by Brené Brown The Power of Connection: How Relationships Help Us Heal by Dr. David F. Drake (00:21:51) Virgo Book Picks: Deep focus on wellness and health regeneration. How Not to Die: Discover the Foods Scientifically Proven to Prevent and Reverse Disease by Dr. Michael Greger Lifeforce: How New Breakthroughs in Precision Medicine Can Transform the Quality of Your Life & Those You Love by Tony Robbins (00:22:53) Libra Book Picks: Taking a risk in making changes Daring Greatly: How the Courage to Be Vulnerable Transforms the Way We Live, Love, Parent, and Lead by Brené Brown The Art of Risk: The New Science of Courage, Caution, and Chance by Kayt Sukel (00:23:44) Scorpio Book Picks: Power struggles in work and/or family and rebirth of emotional foundations Family Ties That Bind: A Self-help Guide to Change Through Family of Origin Therapy by Dr. Ronald W. Richardson It Didn't Start with You: How Inherited Family Trauma Shapes Who We Are by Mark Wolynn (00:24:20) Sagittarius Book Picks: Time is money and the evolution of managing your mindset Deep Work: Rules for Focused Success in a Distracted World by Cal Newport The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel (00:25:05) Capricorn Book Picks: Control of wealth and developing motivated negotiations in partnerships  The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich by David Bachwhere Bach Difficult Conversations: How to Discuss What Matters Most by Douglas Stone, Bruce Patton, and Sheila Heen (00:25:58) Aquarius Book Picks: Rebirth of identity and unconventional self-reinvention The Art of Possibility: Transforming Professional and Personal Life by Rosamund Stone Zander and Benjamin Zander Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones by James Clear (00:26:41) Pisces Book Picks: Letting go of the past and empowerment through surrender The Gifts of Imperfection: Let Go of Who You Think You're Supposed to Be and Embrace Who You Are by Brené Brown. The Subtle Art of Not Giving a Fck: A Counterintuitive Approach to Living a Good Life* by Mark Manson

I read a lot of books (200+ each year), and I'm often asked for recommendations. Out of the many books from last year, there were 12 non-fiction books that I gave a 5 star rating. In this episode, I spend a couple of minutes explaining why I loved one of these 12 books in particular.There's some game-changing emotional and mindset shifts contained in this book. Applying these principles can completely shift your perspective on how you view money -- especially if you're trying to play the long game, thinking generationally!The Psychology of Money:       https://amzn.to/3lpLAx1P.S.: If you have a brand, and you want to learn exactly how to transform it into a game-changer in your industry, then Legendary Brands Academy was made with you in mind. The online program will teach you the same exact systems and strategies we've been using to transform brands for the past 20 years. No more wishing things could be different -- no more theorizing without action -- no more saying "that's for other brands, but not for me." With Legendary Brands Academy, everything is designed for you to take action and see transformation in real time. You'll learn the step-by-step systems you can begin to implement today. So if you're ready to see real change, real results, and real Raving Fans for your brand, then you can check out Legendary Brands Academy here: www.LegendaryBrandsAcademy.com---Sign up to have Scott email you a weekly shot of energy, with 1 Cool Quote, 1 Deep Thought, and 1 Useful Tool. This is original content, not a repost of the podcast. You can find the sign-up section at the bottom of my website www.ScottWozniak.com Learn how Scott and his team of consultants can help you build a legendary brand at www.SwozConsulting.com  Connect with Scott on social media:  linkedin.com/in/scottwozniak/https://www.facebook.com/scottewozniak ------  Bonus: check out his other podcast (Alpha Pack): https://kite.link/alpha-pack-podcast If you like this podcast you will probably like that one, too. Who knows, you might even like it better! :)        Hosted by Ausha. See ausha.co/privacy-policy for more information.

Money is not just a matter of dollars and cents; it is deeply intertwined with our psychological well-being. In the latest episode of the Quiet Wealth podcast, hosted by Camilla Jeffs, we delve into the profound psychological facets of finance with guest, Christine Walsh.During this conversation, Christine shares invaluable insights on addressing financial trauma and its impact on our financial decisions. Unpacking the weight of these experiences, she offers strategies to overcome past financial struggles, empowering listeners to cultivate a healthier relationship with money.We also explore the evolution of gender roles in money management, shedding light on how societal norms have shaped our financial behaviors. Christine advocates for challenging inherited financial behaviors and emphasizes the importance of redefining these norms to achieve true financial empowerment.The episode emphasizes the significance of overcoming scarcity mindsets, underscoring the transformative power of shifting from a mindset of lack to one of abundance. Tune in to this episode to gain a deeper understanding of the psychological aspects of money and how they influence our financial well-being. In this episode, we talk about:• Who is Christine Walsh?• Impact of generational differences on managing finances• Psychological aspects of money• Importance of addressing financial trauma• Evolving roles of men and women in managing money• Concept of impact investing•Blending practical and tactical aspects of money management with emotional and psychological understanding• Learning opportunities from financial setbacks• Role of women in managing finances• Importance of somatic work in understanding emotional and physical responses to money-related experiencesResource:The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel - https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681Connect with Christine WalshWebsite - https://www.christinemwalsh.com/===Shout out to my podcast manager, Abby! If you're ready to take your podcast to the next level, contact her today productions@abbyguaki.com.===Prime Time Wealth Academy - https://camillajeffs.thinkific.com/courses/prime-time-wealth-academyPrime Time Wealth Academy YouTube Channel - https://www.youtube.com/channel/UCJYjXBtQnNKeXSrhMIaRgGQ===Are you ready to try passive investing in real estate? Get access to my FREE Passive Investing Masterclass! https://steadystreaminvestments.com/masterclass/ Follow us at https://www.facebook.com/steadystreaminvestments https://www.instagram.com/quietwealthcommunity/ https://www.tiktok.com/@quietwealth https://www.youtube.com/channel/UC2MFOVyPWo0XD0QVJxgDxbQ https://www.linkedin.com/company/steady-stream-investments

Simone Stolzoff is an author, designer, and workplace expert. A former design lead at the global innovation firm IDEO. His work has been featured in The New York Times, the Atlantic, The Wall Street Journal, and more.  He joined us today to talk about his debut book, ‘The Good Enough Job: Reclaiming Life from Work.'In this episode, Simone discusses the evolving nature of work, the pursuit of fulfillment, and the delicate balance between career and personal life. We talk about challenging the traditional narrative of the dream job to exploring the impact of excessive work hours and the centralization of work as a source of identity.  Join us as we navigate the complex dynamics of work, success, and personal growth in today's ever-changing landscape.[06.23] Calvinism – Starting the conversation, Simone defines Calvinism and how it conspired with the trend of non-religious people around 30 years ago in the United States. [12.21] Economic vs. humanist – We dive into the two arguments, economic and humanist, based on working hours.[20.00] Work as meaning – We talk about the work as meaning movement back in the 1970s. [28.43] The cycle – Simone talks about the work-life balance awareness of modern society and the importance of it. [34.34] The Good Enough Job – When you are at work, do great work. When you are not working, leave it where it is.[41.30] The values – You can easily lose who you are due to a sense of overachievement. Balance is important. [50.51] Reclaiming life – Wrapping up today's conversation, Simone shares who can use his book as a guide to have a healthy relationship with their work. ResourcesConnect with SimoneLinkedIn - linkedin.com/in/simone-stolzoff-5a16b648/ Twitter - twitter.com/SimoneStolzoff Website - simonestolzoff.com/ The Good Enough Job: Reclaiming Life from Work by Simone Stolzoffamazon.com/Good-Enough-Job-Reclaiming-Life/dp/059353896X Dedicated: The Case for Commitment in an Age of Infinite Browsing by Pete Davisamazon.com/Dedicated-Case-Commitment-Infinite-Browsing/dp/1982140909 You Could Make This Place Beautiful: A Memoir by Maggie Smithamazon.com/Could-Make-This-Place-Beautiful/dp/1982185856 The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Houselamazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681 

How would you feel if you could be given “THE” Investment Strategy PROVEN to Build Generational Wealth so your legacy lasts well beyond your time here in this world? Well, we've got you covered. Today, we're going to unpack what Morgan Housel, author of The Psychology of Money has proven to be the most important factors to build generational wealth that lasts - AND it does not require taking “home run swings” at investments that promise 20% returns with questionable safety of capital. In this episode we're going to: unpack a Canadian Wealth Secret that is the most important factor when creating your wealth plan;share the biggest risk to the success of your Canadian wealth building journey; and, help you get started implementing this investment strategy that will ultimately lead you to the investment portfolio that will grant you not only financial security you're seeking, but also the time freedom that comes along with it.Resources: My First $100 Million podcast | The Investment Strategy to Build Generational WealthSame as Ever [Book] The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness [Book] Book a Discovery Call with us so we can help you overcome your current struggle and take the next step in your financial journeyFollow Kyle Pearce on LinkedIn for daily posts and conversations about business, finance, and investment. Dig into our Ultimate Investment Book ListDownload our Wealth Building BlueprintInterested in Joint Venture Opportunities?For those interested in being considered for potential Joint Venture (JV) opportunities, reach out to us here.Get in touch with Kyle to review your financial situation through a discovery call. Analysis Paralysis is REAL! You're real estate portfolio will stay empty until you take action.Grab our free training on how to analyze deals and also grab our analyze spreadsheet that does the dirty work for you. Canadian Wealth Secrets is an informative podcast that digs into the intricacies of building a robust portfolio, maximizing dividend returns, the nuances of real estate investment, and the complexities of business finance, while offering expert advice on wealth management, navigating capital gains tax, and understanding the role of financial institutions in personal finance.

Knowing how to manage your money is one of the most valuable skills you can have, and the start of the year is the perfect time to re-evaluate your finances.In today's episode, I'm sitting down with Caitlyn Kumi, founder of Miss EmpowHer, for tips on how to manage your money, invest for the future, and create financial habits that feel less overwhelming and more aligned with your goals.We also talk about…Navigating your early career and how to manage a salary for the first timeMonthly budgeting routines and types of bank accounts you can create for yourselfHow to get started with investingHow to manage your retirement fundCreating the financial life of your dreamsResourcesFollow Caitlyn on Tiktok @caitlynkumiFollow Caitlyn on Instagram @caitlynkumiFollow Caitlyn on LinkedInFollow and subscribe to @missempowher for virtual events, newsletters, and more!Apply to the Miss EmpowHer remote internship hereRead Caitlyn's e-book: “Hot Girls Don't Gatekeep: A Beginner's Guide to Navigating Your Personal Finances”Read “The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness”Have a question you want answered on an upcoming episode? You can share them anonymously with me here.Keep in touch with Balanced Black Girl:Follow on IG: @balancedles @balancedblackgirlpodcastFollow on TikTok @balancedlesVisit our website at balancedblackgirl.comSubscribe to our newsletter, Mirror NotesSponsors:Heineken 0.0 | Heineken 0.0 is an alcohol-free option to the original Heineken you love. 100% taste, zero point zero alcohol, only 69 calories! Click here to buy now. Must be 21 to purchase.Alo Moves | No matter your path, it's time to make a move with Alo Moves. Get a 30-day free Alo Moves subscription by going to alomoves.com and use code BALANCED. That'seHarmony | Get started with their compatibility quiz for free, so you can find someone you can be yourself with.NUULY | Nuuly is a subscription based clothing rental service that's all about helping you have fun + get creative with your style. Nuuly is a great value at $98 a month for nay 6 styles, but right now you can get $20 OFF your first month of Nuuly when you sign up with code BALANCEDLES20Nutrafol | Take the first step to visibly thicker, healthier hair. For a limited time, Nutrafol is offering $10 OFF your first month's subscription and free shipping when you go to nutrafol.com and enter promo code BALANCEDLESIQBAR | Refuel smarter in 2024 with IQ BAR's Ultimate Sampler Pack with 7 IQ BARs, 4 IQ MIX sticks, and 4 IQ JOE sticks. Get 20% OFF all IQ BAR products, plus get FREE shipping by texting GIRL to 6400. Message and data rates may apply. See terms for detailsPlease note that this episode may contain paid endorsements and advertisements for products and services. Individuals on the show may have a direct or indirect financial interest in products or services referred to in this episode.Produced by Dear Media.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Can money buy happiness? Finance writer Morgan Housel made waves in 2020 with the publication of his runaway hit The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. Housel's new book, Same as Ever: A Guide to What Never Changes, is an instant bestseller. Housel joins Preet to talk about the psychology of money and the motivations that can help and hurt investors – and all of us.  Plus, the problem with referring to federal judges by the presidents who appointed them and the question of damages in the Rudy Giuliani defamation trial.  Don't miss the Insider bonus, where Preet and Housel discuss the podcast industry and further explore Housel's life story. To listen, become a member of CAFE Insider for $1 for the first month. Head to cafe.com/insider.   For show notes and a transcript of the episode head to: cafe.com/stay-tuned/money-and-happiness-with-morgan-housel/ Have a question for Preet? Ask @PreetBharara on Threads, or Twitter with the hashtag #AskPreet. Email us at staytuned@cafe.com, or call 669-247-7338 to leave a voicemail. Stay Tuned with Preet is brought to you by CAFE and the Vox Media Podcast Network. Learn more about your ad choices. Visit podcastchoices.com/adchoices

We may live in an ever-evolving world, but some things never change. The power of a good story. The miracle of compound interest. The cold, hard fact that money can't buy happiness. This is the deceptively simple premise of “Same as Ever” by Morgan Housel. If we can master the behaviors that never change, we'll be ready to handle whatever the future throws at us. On today's show, Morgan sits down with Rufus to share some of the timeless lessons from his new book as well as enduring wisdom from his last, “The Psychology of Money.” Host: Rufus Griscom Guest: Morgan Housel • Support our show by joining the Next Big Idea Club. Visit nextbigideaclub.com to learn more, and use the code PODCAST for a 20% discount

John Rogers isn't just a successful investor; he's an industry titan. As the founder of a reputable investment firm, he's made a name for himself with his contrarian value investing strategies. But he's not just a practitioner; he's an educator, avidly reading and contributing to seminal works in investment literature. John's journey began with an early fascination for finance from his youthful days. A Princeton alumnus, he entered the turbulent waters of the stock market and turned a calamity—the infamous crash of 1987—into a career-defining opportunity. In today's episode, John joins us to discuss his formative experiences, the philosophical underpinning of his investment strategy, and the importance of thinking long-term. We also delve into his roles on various corporate boards, where he weighs in on 401k plans, corporate governance, the pivotal role of diversity in creating equal opportunities for minority businesses, and so much more!     Key Topics: An overview of John's professional background (2:15) John's journey from William Blair to founding Ariel Investments (07:42) The 1987 market crash as a turning point for Ariel's value investing approach (10:04) John's philosophy on patient, research-heavy, value-based investing (13:07) How longevity in markets solidified John's faith in efficiency (19:15) The mechanics of idea generation at Ariel Investments (23:30) Ariel's methodology for dissecting investment errors (29:53) Drawing teamwork and pressure-handling lessons from Coach Krill (35:20) How board experience informs his investing (37:47) John's focus on value investing and cautious approach to buybacks (42:20) Why John is optimistic about The Sphere in Las Vegas and Adelum (46:18) John's fulfillment from social engagement and its business impact (50:18) What keeps John up at night and excited about the future (55:48) John's book recommendations (57:41) And much more!   Mentioned in this Episode: Turn Every Page: The Adventures of Robert Caro and Robert Gottlieb Jonathan Eig | King: A Life Morgan Housel | The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness Thanks for Listening!   Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. And feel free to drop us a line at valueinvesting@gsb.columbia.edu.   Follow the Heilbrunn Center on social media on Instagram, LinkedIn, and more!

Malik is just back from “The Taste of Soul” street festival in Los Angeles! This week, he reviews the very important book Black AF History: The Un-Whitewashed Story of America by Michael Harriot...which FLEW off the shelf when it first came out! Also, he talked about Ways to Build Dreams (A Ryan Hart Story) by Renée Watson who will be at Malik Books in the Culver City Mall Tuesday night at 7!  (10/24/23) If that's not enough, Malik's Secret Weapon (and wife) April steps in to review The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel And finally, Malik takes KCAL9 by storm…and blows the anchors away with his energy and his passion! E-mail Malik at RealMalikMuhammad@gmail.com  See omnystudio.com/listener for privacy information.

Why does getting wealthy and staying wealthy involve two different skill sets? Author of The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness, Morgan Housel says, "There are a million ways to get wealth, but only one way to stay wealthy." Join us today as we focus on a few particularly enlightening chapters from Housel's book, which is filled with rich wisdom and interesting examples. Together we'll wrap our minds around his fascinating insights on the psychology of money. As always, please consider sharing this episode with a friend, family member, or coworker. We appreciate your support as listeners! For questions, comments, and topics, you can email us at @askcreatingwealth@taberasset.com.

Improves decision making for all investors.Have you ever wondered whether your financial decisions align with your future goals? Do our emotions play a pivotal role in shaping our financial choices, and influencing our long-term outcomes?Join your hosts Marcelo Taboada, Lawrence Greenberg, and Jackson Matthews as they discuss takeaways from Morgan Housel's book, Psychology of Money. It's an incredible personal finance book filled with great concepts and stories that can help improve decision making for all investors.Thank you for tuning in!Key Topics:"Psychology of Money" by Morgan Housel: Surprising, impactful, and relatable financial insights through storytelling (1:32)Emotions' role in investing, pitfalls, and examples (3:00)How a Janitor Became a Millionaire by Saving and Investing (5:14)Balancing rationality and personal comfort in financial decision-making (8:43)Smart doesn't guarantee right decisions. Behavior matters more than knowledge (12:12)Compounding's power lies in exponential growth over time (14:22)Social comparison drives spending, but wealth is often what you don't see (18:14)Healthy financial habits: Pay yourself first, develop an investment philosophy, tune out noise (20:56)Media understands psychology, but lacks understanding of individuals (27:41)Mentioned in this Episode:Tulett, Matthews & AssociatesThe Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness - Morgan HouselThanks for Listening!Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. And feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112Follow Tulett, Matthews & Associates on social media on LinkedIn, Facebook, and more!Follow The Empowered Investor on Facebook, LinkedIn, and Instagram

Hello...thanks for listening! Wanna help with the Maui Wildfires? Click Here Wanna help with the Hurricane Idalia Relief Efforts? Click Here We're gonna take a "detour" from SoSA (The Summer of Self-Awareness) and I'm gonna talk about what I've been watching, reading and listening to lately. ;-) What I've been WATCHING: 1. Show: "And Just Like That" (the reboot of Sex and the City) Soooo goood! Copied and Pasted from the above site: Overview Set 11 years after the events of the 2010 film Sex and the City 2, the women of Sex and the City make their transition from a life of liberation and friendship in their 30s to a more complicated reality of life and friendship in their 50s. While the series focuses on only three (Carrie, Miranda, Charlotte) of the four Sex and the City main characters, it was announced that Kim Cattrall will officially return as Samantha for a cameo in the second season finale. 2. Movie: "Finding You" Plot (copied and pasted) from the above site: After an ill-fated audition at a prestigious New York music school, Finley Sinclair follows in her late brother Alex's footsteps and takes a up a student exchange program he once took, travelling to a coastal village in Ireland to begin a semester studying abroad. There she meets heartthrob movie star Beckett Rush, who is shooting the latest installment of his medieval fantasy-adventure franchise. They begin an unlikely romance, but when forces surrounding Beckett's stardom threaten to crush their dreams, Finley must decide what she will risk for love. What I've Been READING: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel and Self-Care for People with ADHD by Sasha Hamdani What I've Been LISTENING to: 1. Armchair Expert Podcast with Dax Shepard and Monica Padman 2. Smartless with Jason Bateman, Sean Hayes and Will Arnett 3. Betty Who 4. Lauv ---------------- If this episode was of value to you, please Share (with a friend) OR Subscribe/Follow for you to find out as soon as an episode is released, OR please Rate (you can now rate on Spotify too!) OR Donate! I podcast for the joy of helping others and for sharing information with others! :) All of my info is in my linktree link below! Thanks for listening, I appreciate you and cheers to speaking up and for making your voice heard! My linktree link: https://linktr.ee/elizabeth_west My insta: ⁠⁠⁠https://www.instagram.com/imelizabethwest/ --- Send in a voice message: https://podcasters.spotify.com/pod/show/elizabeth-west47/message

Most people have a few, or a dozen, financial mistakes they look back on and really regret. For many,  becoming financial savvy is learned through trial and error and living with a few regrets from your younger years is all part of the process. Isn't it ridiculous credit card companies send applications to 18 year old kids before they even graduate high school? With predatory practices everywhere you turn and lines of credit increasingly accessible - it's all too easy to make a few blunders, right? Well, a recent Outside Insights guest is on a mission to help prevent this. In this episode of Outside Insights, I sit down with Mark Olazagasti, a first generation entrepreneur and lifelong Delawarean. Mark recently retired from his role of managing partner at Info Solutions, an IT infrastructure consulting and managed services company he co-founded. During our chat, Mark got transparent around his personal experiences with finances. He was raised by a single mother who struggled financially, started a business during the Great Recession and learned tough lessons about debt after making mistakes that many people have before, like buying furniture before being paid. Now, through his nonprofit YourMoney101, Mark advocates for personal finance to be taught in all Delaware high schools. He also personally provides financial mentoring and education to individuals and companies. As a father to two young people and someone who has learned from past financial mistakes, I think this mission is all too important. In this episode, you'll hear:- Mark's origin story and lessons learned from starting a business- Why Mark was inspired to advocate for personal finance education in schools- Common money and debt mistakes people make- The importance of tracking income vs expenses- Managing psychology around money decisions- Book recommendations for learning about personal finance - include a list below as well for easy reference! Mark's Budgeting SpreadsheetMark's Credit Card Debt Payoff Calculator Spreadsheet Book Recommendations from a finance wiz:The Index Card: Why Personal Finance Doesn't Have to Be Complicated by Helaine Olen and Harold PollackThe Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan HouselThe Subtle Art of Not Giving a F*ck: A Counterintuitive Approach to Living a Good Life by Mark MansonThe Power of Now: A Guide to Spiritual Enlightenment

#128: Renowned financial columnist, Morgan Housel joins for a deep dive into the psychology of money. We discuss the mindset of winning investors, new ways to deal with risk and strategies to achieve financial independence, including tips to build up cash, the most essential financial hack that everyone needs to know and more. (This episode originally aired in June 2021, but I really enjoyed re-listening to it and thought you would too). Morgan Housel (@morganhousel) is the bestselling author of The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. He's also a partner at Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. Link to Full Show Notes: https://www.allthehacks.com/psychology-of-money-replay Partner Deals Pacaso: Free early access to listings and $2,500+ in closing credits DeleteMe: 20% off removing your personal info from the web Notion: Try Notion AI free to automate tedious tasks and streamline your work Vuori: 20% off the most comfortable performance apparel I've ever worn LMNT: Free sample pack of my favorite electrolyte drink mix For all the deals, discounts and promo codes from our partners, go to: allthehacks.com/deals Resources Mentioned Morgan Housel: Twitter | Blog | Website | LinkedIn Morgan's Book: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness FIRE Movement Documentary: Playing With FIRE Benjamin Graham's Books: The Intelligent Investor | Security Analysis Eric Johnson's Book on Nazi Germany: What We Knew Jason Zweig's Column on WSJ Full Show Notes (03:21) What Drove Morgan to Write ‘The Psychology of Money' (04:28) Finance on Paper vs. Finance in the Real World (07:35) The Ultimate Goal of Learning and Mastering Money (09:55) Financial Independence as a Spectrum (15:07) Building Up Cash: To Save More or to Earn More (18:11) Tactics to Stop Wanting More (21:56) The Extremities of the FIRE Movement (24:07) Why People Become Irrational with Money (30:23) The Impact of the 29-Year Recession Gap in Australia (33:45) The Best Way to Learn from History for Risk Tolerance (43:43) An Analysis of the Best Performing Mutual Funds (48:52) How Overconfidence Can Lead to Trouble (51:39) Ways to Educate People about the Basics of Finance (55:18) The Volatility of Cryptocurrency (56:20) The Most Overlooked Aspect of Behavioral Finance (57:42) The Only Financial Hack You Need in Your Life Connect with All the Hacks All the Hacks: Newsletter | Website | Membership | Email Chris Hutchins: Twitter | Instagram | Website | LinkedIn Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.

On episode #338 of “Let's Talk Money with Dave and Reb”, the co-hosts continue some of the themes from the previous show. They tackle a few more questions from More Than Enough (MTE) financial clients, but they also discuss the challenges of “financial advice giving”. Listen to today's episode sponsored by Financial Discipleship Canada and notmine.ca—a ministry to the body of Christ that voices and encourages dialogue and new conversations regarding finance and our discipleship to Christ. To learn how you can connect your finances to being a disciple of Christ go to financialdiscipleship.ca. To order Reb's e-book, audio book, or soft-cover copy of Cultivating Trust: Finding God's Hope and Freedom for Your Finances, go to morethanenoughbooks.com or email info@morethanenough.ca, to arrange a pick-up from their Ottawa office. One recommended book from today's show comes from Morgan Housel called The Psychology of Money—Timeless Lessons on Wealth, Greed, and Happiness. Find out more here: link. Aired: August 4th, 2023 on CHRI Radio 99.1FM in Ottawa, Canada. For questions or to schedule an appointment with a More Than Enough team member, e-mail david@morethanenough.ca or call 613-520-4157. For more CHRI shows, visit chri.ca.

Hi Everyone! Welcome back to another episode of the M.E.O.W. Podcast! In this episode, we dive deep into Part 2 of making the shift from a scarcity mindset and unlocking an abundance mindset! A scarcity mindset is a pervasive feeling of not having enough—whether time, money, or connection. A scarcity mindset can be a self-fulfilling prophecy because these beliefs make it difficult to move forward and may keep you stuck in scarcity. The goal is to unlock our abundance mindset and learn to trust the universe to align us with opportunities and experiences that are for our highest good. An abundance mindset is the belief that there are enough resources in the world for everyone – and of being grateful for whatever the universe provides.  ... Remember to check out our feature on SD Voyager! We had the honor of sharing our story, vision, and goals! Thank you, SD Voyager, for the opportunity! Linked Here! The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel Join us on Instagram and TikTok to engage with our community and us. We would love to hear your thoughts and ideas on what topics you are interested in and connect!

Hi Everyone! Welcome back to another episode of the M.E.O.W. Podcast! In this episode, we dive deep into the topic of healing a scarcity mindset and unlocking an abundance mindset! A scarcity mindset A pervasive feeling of not having enough—whether that be time, money, or connection—is also known as a scarcity mindset. A scarcity mindset can be a self-fulfilling prophecy because these beliefs make it difficult to move forward and may keep you stuck in scarcity. The goal is to unlock our abundance mindset and learn to trust the universe to align us with opportunities and experiences that are for our highest good. An abundance mindset is the belief that there are enough resources in the world for everyone – and of being grateful for whatever the universe provides.  In today's episode, we share our personal experiences with healing and growing out of scarcity as we both move towards getting clear on what abundance means to us! ... Remember to check out our feature on SD Voyager! We had the honor of sharing our story, vision, and goals! Thank you, SD Voyager, for the opportunity! Linked Here! The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel Join us on Instagram and TikTok to engage with our community and us. We would love to hear your thoughts and ideas on what topics you are interested in and connect!

"The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness" is a book written by Morgan Housel that explores the psychological and behavioural aspects of money management and personal finance.  Doing well with money isn't necessarily about what you know. It's about how you behave. And behaviour is hard to teach, even to really smart people.

With Judy Oppenheim BIO: Judith (Judy) Oppenheim has a BA in psychology and an MBA in marketing. With over 20 years of experience in consumer insights, research, marketing, strategy, and product development, she has worked with major financial services companies and leading advertising and digital agencies. In 2019, Judith obtained her certification as a Happiness Trainer from Tal Ben Shahar's Happiness Studies Academy. She is actively involved in the education committee and is a founding member of the HSA business club. In this episode, Judy dives into the age-old question of whether money truly brings happiness. Why Your Should Listen: Embark on an emotional and captivating journey as we delve deep into the question that has intrigued humanity for ages: Does money truly buy happiness? In this episode, we are joined by Judith (Judy) Oppenheim, an expert in consumer insights and a certified Happiness Trainer. Through her wealth of experience and extensive research, Judy uncovers the fascinating scientific relationship between money and happiness. Get ready to challenge your preconceptions, gain invaluable insights, and unlock the secrets to a happier and more fulfilling life. Key Highlights: The Classic Kahneman Study: Explore the groundbreaking study that revolutionized our understanding of happiness, revealing a surprising threshold beyond which money has diminishing returns. The Killingsworth Study: Discover a fresh perspective on the correlation between money and happiness as Judy unveils a study that sheds new light on the connection. The SPIRE Model: Uncover a powerful framework that integrates spiritual, physical, intellectual, relationship, and emotional dimensions into your financial decisions, offering a roadmap to greater happiness. Escaping the Hedonic Treadmill: Dive into the concept of hedonic adaptation and uncover strategies to break free from its grip, enabling you to sustain long-term happiness. Experiences vs. Material Possessions: Challenge the age-old debate and learn how investing in experiences can enhance your overall well-being, fostering profound personal growth. Overcoming Scarcity: Gain a profound understanding of how financial stability and meeting basic needs impact your happiness, empowering you to make wiser choices. Quotes: "Unlocking happiness isn't a direct path; it's an intricate journey of self-discovery." - Judy Oppenheim. "To truly find happiness, we must transcend the pursuit of mere contentment and embark on the profound work of self-improvement." - Judy Oppenheim. "Happiness isn't a constant state, but by embracing certain practices, we can cultivate more moments of joy and fulfillment." - Judy Oppenheim. "It's not about being happy all the time; it's about embracing strategies that lead to a happier life overall." - Tal Ben Shahar. In the words of James Clear, author of Atomic Habits, "True wealth lies not in monetary possessions but in the freedom to shape our lives, unburdened by obligations, toxic relationships, and societal pressures." "By fostering financial literacy, we can empower individuals to unlock a happier future." - Judy Oppenheim. "Uncover the hidden truths beyond the headlines; expand your understanding through deeper exploration." - Judy Oppenheim. Books Mentioned: Remember: The Science of Memory and the Art of Forgetting" by Lisa Genova Amazon link Stumbling on Happiness by Daniel Gilbert. Amazon link The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by  Morgan Housel: Amazon link Happier by Tal Ben Shahar: Amazon link Judy's Contact: CLICK HERE

It's Sunday, which means...it's recap time here on the Retirement Quick Tips Podcast This week the theme was: Best Personal Finance Books To Read This Summer In case you missed any episodes, here are my top summer book recommendations: The Total Money Makeover by Dave Ramsey The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel The Millionaire Next Door by Thomas J. Stanley A Random Walk Down Wall Street by Burton Malkiel Managing God's Money: A Biblical Guide by Randy Alcorn The most important takeaway from this week is…managing your money well is about understanding the basics well, and being disciplined - both with your spending and saving habits, and with your emotions and how you react to what's happening with your investments and in the economy.  The lessons learned in these books are enduring lessons that I have carried with me over the years, and the knowledge you'll gain if you read any or all these books will serve you well for years to come.  Tomorrow, I'm starting a brand new theme: how to protect yourself from cyber theft. Criminals are getting very good at tricking consumers, where it's now possible to impersonate you over the phone, tricking even your own family members into thinking it's you on the phone. And with AI getting more sophisticated, the potential for cyber theft is even scarier.  So next week, I'll talk about the top ways you can protect your money from cyber theft.  Thank you so much for listening this week! If you're enjoying the podcast, chances are someone else you know who is getting close to retirement could also benefit from checking it out, so please share the show with a friend, a neighbor, your sister, or your boss. Just go to your favorite podcasting app, hit the share icon, then text or email the show link to someone you know who is eyeing retirement.  Thanks for sharing the love and spreading the word. I hope you have a blessed Sunday. My name is Ashley Micciche, this is the Retirement Quick Tips Podcast. ---------- >>> Subscribe on Apple Podcasts: https://apple.co/2DI2LSP >>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs >>> Visit the podcast page: https://truenorthra.com/podcast/  ---------- Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance

This week's theme on the Retirement Quick Tips Podcast is: Best Personal Finance Books To Read This Summer Today's book choice is: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel Published in 2020, this book is a modern classic. In fact, at some point, I'm going to devote an entire week on the podcast to this book because there are so many lightbulbs that went off for me when I read this book and many of the insights I read in this book were new to me - which is saying something since I do this finance stuff for a living, and I devote a lot more time to learning and researching topics in this area compared to the average advisor because of this podcast.  Who should read it: Honestly, everyone. Whether you're money savvy or not, old or young, you will benefit from reading this book.  Description (from Amazon): Money - investing, personal finance, and business decisions - is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don't make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together.   In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life's most important topics. Why I like it so much: It talks about things that you don't normally read in personal finance books - many of which tend to be solely focused on accumulating more money. Instead, Housel talks about why being humble and controlling your envy, greed, and other negative emotional traps is so important to making good money decisions and avoiding the sloppy decisions that can be ruinous.  Pairs well with: your favorite beer or wine. It's actually a fun read, and something that I would definitely read while relaxing on your patio with your favorite beverage. The content isn't super heavy, so you can afford to have a drink in hand while you read - even if that means you'll forget a little of what you read.  That's it for today. Thanks for listening! My name is Ashley Micciche and this is the Retirement Quick Tips podcast.     ---------- >>> Subscribe on Apple Podcasts: httpstr://apple.co/2DI2LSP >>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs >>> Visit the podcast page: https://truenorthra.com/podcast/  ---------- Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance

In this episode, Kiera reviews the March book selection: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel. Check out the full list of DAT's 2023 book club here. Episode resources: Reach out to Kiera  Subscribe to The Dental A-Team podcast Become Dental A-Team Platinum! Review the podcast

In this episode, Ryan and Alex discuss five lessons from the book The Pyschology of Money: Timeless Lessons on Wealth, Greed and Happiness, by Morgan Housel. The beer of the day is Cemetery Souls IPA by Black Raven and Bone Yard Brewers. If you would like to learn more about this beer, please visit their website https://blackravenbrewing.com/products/copy-of-mecharaven-double-ipa To learn more about Quantified Financial Partners, please visit our website www.beerandmoney.net  

Morgan Housel is the author of the book, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. As the back cover of his new best-seller reads, “Doing well with money isn't necessarily about what you know. It's about how you behave. And behavior is hard to teach, even to really smart people." While the book is partially about investing, it's really about how knowing what you want from life will help you make better decisions about money. I really enjoy Morgan's writing and found the book to be an elegant summation of many of the things I want to discuss on this show. This episode was originally posted in October, 2020. 

Mastering money has little to do with math. Instead, behavior is the most important side of investing, says today's guest Morgan Housel, author of one of the highest-selling financial book The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. We discuss many of his insights including the underestimated power of luck and risk, how the only way to stay wealthy is being both frugal and paranoid, and the fallacy of ‘earned success' and ‘deserved failure.' Learn more about your ad choices. Visit megaphone.fm/adchoices

We're finally biting the bullet and doing a Dental A-Team book club! See below the books we'll be reading each month of the year. Don't forget to play catch-up with January and February's books. January: Extreme Ownership: How U.S. Navy SEALs Lead and Win by Jocko Willink and Leif Babin February: Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones by James Clear March: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel April: Comparisonitis: How to Stop Comparing Yourself to Others and Be Genuinely Happy by Melissa Ambrosini May: Own the Day, Own Your Life: Optimized Practices for Waking, Working, Learning, Eating, Training, Playing, Sleeping, and Sex by Aubrey Marcus June: The Four Agreements: A Practical Guide to Personal Freedom by Don Miguel Ruiz July: The Happiest Man on Earth: The Beautiful Life of an Auschwitz Survivor by Eddie Jaku August: Profit First: Transform Your Business from a Cash-Eating Monster to a Money-Making Machine by Mike Michalowicz September: The Color Code by Taylor Hartman October: Medical Medium by Anthony William November: The Obstacle Is the Way by Ryan Holiday December: The Go-Giver by Bob Burg and John David Mann   Listen to the episode to find out the benefits of a book club, the best way to incorporate this into your practice, when DAT will be reviewing the books, and more. Episode resources: Reach out to Kiera  Subscribe to The Dental A-Team podcast Become Dental A-Team Platinum! Review the podcast

What is your relationship with money? Are you a big spender? Doomsday saver? Maybe a bit of both?? If you want to explore your money personality and better understand your spending habits, this episode is for you!  Today we're joined by history-making New York Stock Exchange stock trader Lauren Simmons to discuss all things financial wellness.  In this episode we discuss: How our relationship with money is established  Ways to  transform your relationship with money and develop better financial habits How to start investing and making your money work for you And much more! Take the Money Personality Quiz    Connect with Lauren Simmons  This week's gem: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel Hit our Homegirl Hotline…we'd love to hear from you!  Call or Text us at (310) 363-0167 for advice, to share the things you're proud of, or any gems you think we'd enjoy.  Join us on our She Connects: Unlocking Sister Retreat here. Support us on Patreon | Get Bravado bonus content + special discounts! Shop our Merch here! Learn more about your ad choices. Visit podcastchoices.com/adchoicesSupport this podcast at — https://redcircle.com/the-black-girl-bravado1502/donations

This week Brandon is joined by JJ Asghar and they discuss the rise Mastodon, Netflix's Strategy and DevOpsDays CFP ideas. Plus, some thoughts on tipping… Rundown Tipping How Much You Should Tip Across The World, Mapped (https://digg.com/data-viz/link/how-much-you-should-tip-across-the-world-mapped-sY3g24oCCF) Tipping Is Weird Now (https://www.theatlantic.com/technology/archive/2023/01/technology-pandemic-economy-gratuity-tipping-etiquette-square/672658/?ref=galaxy-brain) Mastodon The unofficial SDT Mastodon Server: hachyderm.io (https://hachyderm.io/) Follow SDT on Mastodon (https://hachyderm.io/@softwaredefinedtalk) Tapbots launches a new Mastodon client, Ivory, after Twitter kills its Tweetbot app (https://techcrunch.com/2023/01/24/tapbots-launches-a-new-mastodon-client-ivory-after-twitter-kills-its-tweetbot-app/) The Iconfactory Co-Founder Gedeon Maheux Talks Accessibility On Twitter, ‘The Blow' Of Losing Twitterrific In New Interview (https://www.forbes.com/sites/stevenaquino/2023/01/25/the-iconfactory-co-founder-gedeon-maheux-talks-accessibility-on-twitter-the-blow-of-losing-twitterrific-in-new-interview/?sh=43b0cc8a7943) ‘Slow-Moving Hurricane', With Craig Hockenberry (https://daringfireball.net/thetalkshow/2023/01/19/ep-367) Mastodon in (https://www.youtube.com/watch?v=pyB7AFsQoJs) two (https://www.youtube.com/watch?v=pyB7AFsQoJs) files (https://www.youtube.com/watch?v=pyB7AFsQoJs) Netflix Ted Sarandos and Greg Peters Are Now Co-CEOs of Netflix, (https://about.netflix.com/en/news/ted-sarandos-greg-peters-co-ceos-netflix) The Netflix Tech Blog (https://netflixtechblog.com) What we want to see at DevOpsDays DevOpsDays Austin 2023 (https://devopsdays.org/events/2023-austin/welcome/) Nonsense ‘Tron 3' on Track at Disney With Jared Leto and ‘Maleficent 2' Director Joachim Rønning (https://variety.com/2023/film/news/tron-3-jared-leto-joachim-ronning-1235495033) It's been 230 years since pirates stopped metric in the US (https://www.theregister.com/2023/01/22/retro_metric_imperial/) Airlines squeeze rewards programs (https://www.axios.com/2023/01/21/travel-credit-cards-loyalty-program-perks-changes) Salesforce, but for dating (https://dateforce.app/) Conferences CloudNativeSecurityCon North America (https://events.linuxfoundation.org/cloudnativesecuritycon-north-america/), Seattle, Feb 1 – 2, 2023 Coté speaking at cfgmgmtcamp (https://cfgmgmtcamp.eu/ghent2023/), Feb 6th to 8th, Ghent State of Open Con 2023, (https://stateofopencon.com/sponsors/) London, UK, February 7th-8th 2023 Southern California Linux Expo, (https://www.socallinuxexpo.org/scale/20x) Los Angeles, March 9-12, 2023 Matt (https://www.socallinuxexpo.org/scale/20x/presentations/kubernetes-cloud-cost-monitoring-opencost-optimization-strategies) & Cote (https://www.socallinuxexpo.org/scale/20x/presentations/lessons-learned-7-years-running-developer-platforms)! Use Discount Code: DEVOP DevOpsDays Birmingham, AL 2023 (https://devopsdays.org/events/2023-birmingham-al/welcome/), April 20 - 21, 2023 DevOpsDays Austin 2023 (https://devopsdays.org/events/2023-austin/welcome/), May 4-5 SDT news & hype Join us in Slack (http://www.softwaredefinedtalk.com/slack). Get a SDT Sticker! Send your postal address to stickers@softwaredefinedtalk.com (mailto:stickers@softwaredefinedtalk.com) and we will send you free laptop stickers! Follow us on Twitch (https://www.twitch.tv/sdtpodcast), Twitter (https://twitter.com/softwaredeftalk), Instagram (https://www.instagram.com/softwaredefinedtalk/), Mastodon (https://hachyderm.io/@softwaredefinedtalk), LinkedIn (https://www.linkedin.com/company/software-defined-talk/) and YouTube (https://www.youtube.com/channel/UCi3OJPV6h9tp-hbsGBLGsDQ/featured). Use the code SDT to get $20 off Coté's book, Digital WTF (https://leanpub.com/digitalwtf/c/sdt), so $5 total. Become a sponsor of Software Defined Talk (https://www.softwaredefinedtalk.com/ads)! Recommendations Brandon: (https://www.homedepot.com/p/Husky-5-Tier-Industrial-Duty-Steel-Freestanding-Garage-Storage-Shelving-Unit-in-Black-90-in-W-x-90-in-H-x-24-in-D-N2W902490W5B/319132842) The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness (https://www.audible.com/pd/The-Psychology-of-Money-Audiobook/B08D9TXF3H) Ideas That Changed My Life (https://collabfund.com/blog/ideas-that-changed-my-life/) Follow Brandon on Mastodon (https://hachyderm.io/@bwhichard) JJ: For All Mankind (https://en.wikipedia.org/wiki/For_All_Mankind_TV_series) Follow JJ on Mastodon (https://hachyderm.io/@jjasghar@mastodon.social) Photo Credits Header (https://unsplash.com/photos/Kx3o6_m1Yv8) CoverArt (https://en.wikipedia.org/wiki/For_All_Mankind_(TV_series)) Special Guest: JJ Asghar.

Money is often a messy and complicated topic that provokes a lot of anxiety. Today's show is the first episode of a two-part series on managing our relationship to money and understanding what role money really plays when it comes to our happiness. Morgan Housel is the author of The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. Translated into over 50 languages with over two million copies sold, Housel is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. In this conversation we talk about: The difference between happiness and contentmentThe difference between being rich and being wealthyThe elusive but crucial concept of “enough”The importance of not moving the goalposts when it comes to enough-nessWhy financial success is more about behavior than intelligenceHow our lived experiences impact our perspectives on money Full Shownotes: https://www.tenpercent.com/podcast-episode/morgan-housel-543See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today, Eric Rozenberg is excited to share with you, the listeners, ten books that impressed and impacted him. He sincerely hopes that you will read and enjoy them and that they will inspire you as much as they did him!  Bio: Eric Rozenberg has helped thousands of entrepreneurs grow and manage their businesses better. His purpose is to inspire people with integrity and honesty, help them take action, get results, and develop their businesses and their lives. For two decades in his previous life, Eric consulted with Fortune 500 companies and produced award-winning sales meetings, incentive trips, product launches, and conferences in more than 50 countries across diverse industries. He believes organizations must create meetings and events that are not only breathtakingly memorable but also will bring corporate strategies to life and amplify team motivation/performance.  Eric is an acquisition entrepreneur, speaker, podcaster, and two-time Amazon bestselling author. His podcast, "The Business of Meetings", is the first podcast in the Meetings & Events Industry dedicated to business owners. Every Tuesday, listeners learn something new they can apply in their businesses and/or get inspired by amazing guests. His first book, Meeting at C-Level, is the first book on the Why of a meeting. It has been endorsed by 20 of the most influential leaders from the corporate and association worlds and helps professionals to position themselves as strategic partners. His second book, Before It's Too Late, A Love Letter to my Daughters and America, is a story of grit, perseverance, and courage. It describes why and how he and his wife brought their daughters to America and why it is the greatest country on Earth. Eric is a current member of the Entrepreneurs Organization (EO) and of The Strategic Forum. He also serves on the Board of Trustees of the Demoucelle Parkinson Foundation in Belgium and was the first European to serve as Chairman of the International Board of Meetings Professional International (MPI), the largest professional association in the Meetings and Events Industry. Eric's ten recommended books: The Joy of Success, by Susan Ford Collins The Business Model Generation, by Alexander Osterwalder and Yves Pigneur The Hawke Method, by Eric Huberman Trust Me, I'm Lying, by Ryan Holiday Who Not How, by Dan Sullivan and Dr. Benjamin Hardy The Alter Ego Effect, by Todd Herman Building a StoryBrand, by Donald Miller The Psychology of Money, by Morgan Housel One Last Talk, by Philip McKernan Before It's Too Late, by Eric Rozenberg The Joy of Success, by Susan Ford Collins Susan is a Co-founder of the Strategic Forum in Miami. She has been coaching people throughout her career. The Joy of Success: Ten Essential Skills for Getting the Success You Want was the first of the several books she has written. While writing the book, she looked into what made people successful and realized there are ten essential skills every successful person applies, regardless of their culture or country.  Eric found the ten skills she mentioned exciting and easy to apply. He particularly likes her idea of creating a Success File. The Business Model Generation: A Handbook for Visionaries, Game Changers, and Challengers by Alexander Osterwalder and Yves Pigneur (Designed by Alan Smith) Eric often refers to this book in his workshops or when people talk to him about their businesses because it is an interesting story. Alexander Osterwalder was writing a dissertation on business models, and that became his business. The idea behind it is to have different blocks to consider for any kind of business. You can download a tool called Business Model Canvas, where everything is mapped into one box to brainstorm a business model for a business of any size. It will eliminate the need to do market research for at least six months. The Hawke Method, by Erik Huberman Erik Huberman leads one of the fastest-growing digital agencies in America. He positioned the term “fractional CMO”. The book, The Hawke Method, is centered around the principles of awareness, nurturing, and building trust. The author gives concrete examples to illustrate ways to implement those principles. Eric recommends this book for anyone from beginners in the marketing field to seasoned entrepreneurs. Trust Me, I'm Lying: Confessions of a Media Manipulator, by Ryan Holiday Ryan Holiday has written several books, including Stillness Is the Key and Perennial Seller. Trust Me, I'm Lying is a frightening book, but it is also enlightening. In the book, the author explains that incorrect information does get corrected after an article has been published. He also discusses what he did with a well-known retail chain regarding using social media to launch a product.  Who Not How by Dan Sullivan and Dr. Benjamin Hardy Dan Sullivan is a master coaching guru. Who not How is a principle that entrepreneurs and business owners who think they are irreplaceable and nobody can do things as well as they do, can apply to encourage them to move in the opposite direction. The Alter Ego Effect: The Power of Secret Identities to Transform Your Life, by Todd Herman   Todd Herman is a fascinating person who coaches athletes and individuals. He wrote The Alter Ego Effect to explain that athletes reach a point where they have to go above and beyond what they would usually do, and the person they become when they put their engine in overdrive is known as their alter ego. In the book, the author explains how to create an alter ego and how to leverage its power to overcome challenges and achieve way more than you would usually achieve in your life. Building a StoryBrand: Clarify Your Message So Customers Will Listen, by Donald Miller This book is a must-read for anyone considering starting a new business or who may be re-inventing an existing business. The book explains the entire methodology and journey of using seven steps to create a StoryBrand to help them define the StoryBrand for their companies.  The Psychology of Money: Timeless Lessons on Wealth Greed and Happiness, by Morgan Housel This is a fascinating book about money. It contains impactful stories and themes to help readers reflect on their values and relationship with money. One Last Talk: Why Your Truth Matters and How to Speak It, by Philip McKernan One Last Talk is an invitation for readers to find their truth and speak it out loud to at least one person. The book gives a framework to help readers do it. It is called One Last Talk to challenge and inspire readers to focus their minds and open their hearts by making them face their metaphorical death. It is an inspiring and fascinating read! Before It's Too Late: A Love Letter To My Daughters and America, by Eric Rozenberg Eric is very proud of his book! It is a legacy project. It is the story of why Eric and his family left Europe, the rise of antisemitism, the rise of Islamism, and the cowardliness of leaders. The book goes into the current situation that prompted them to leave for America and the similarities and differences they see in America. The book has many links and references to help readers fact-check and learn more about what Eric has written.   Eric hopes you will enjoy reading these books!  Resource: Business Model Canvas Books Mentioned Meeting at C-Level, by Eric Rozenberg Before It's TooLate, A Love Letter to my Daughters and America, by Eric Rozenberg The Joy of Success, by Susan Ford Collins The Business Model Generation, by Alexander Osterwalder and Yves Pigneur The Hawke Method, by Eric Huberman Trust Me, I'm Lying, by Ryan Holiday Who Not How, by Dan Sullivan and Dr. Benjamin Hardy The Alter Ego Effect, by Todd Herman Building a StoryBrand, by Donald Miller The Psychology of Money, by Morgan Housel One Last Talk, by Philip McKernan Connect with Eric On LinkedIn On Facebook On Instagram On Website

Benoit Kim is a US army veteran, Penn-educated former policymaker turned psychotherapist, and host of the Discover More Podcast. In this episode, he shares how he got his depression, his coping mechanism to overcome it, and how it led him to shift into a different career. We also talk about the phenomenon called post-traumatic growth (which is on the other side of PTSD), psychedelics, and what it looks like to have a healthy money mindset. “The famous mental health adage states that the opposite of depression is expression, what you don't express gets depressed. And of course, it's a general blanket statement, but it is the core ethos of a lot of mental health issues.” - Benoit Kim “I attribute a lot of my growth and this new lens that allows me to navigate life in such a hyper-intentional way to the phenomena of post-traumatic growth.” - Benoit Kim “When you let yourself grow from such hard experiences, that's the real beauty of healing and growth.” - Melanie Lockert What You Will Learn From This Episode How acceptance of limitation leads to healing Importance of breaking the stigma on masculinity Advantages of having an intentional personality What is post-traumatic growth and how to achieve it Why physical health and mental health are not two separate entities The mental health and emotional signs telling you that it is time for a career change How journaling and looking back at your life's data points can help you make changes and grow What a healthy money mindset looks like Psychedelics - its effectivity and risk factors What does it look like to have psychedelic-assisted therapy How healing can transform life and get people to optimal performance About Benoit Kim: Benoit Kim is a US army veteran, Penn-educated former policymaker turned therapist, and host of the Discover More Podcast. He worked in the policy sector for a few years then pivoted recently into the clinical field as an aspirational psychedelic-assisted psychotherapist. Lastly, he started the podcast 3 years ago by simply leaning into curiosity, and the show was featured on Top Apple Podcasts 200 chart two times in 2022. Resources: Discover More Podcast by Benoit Kim Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones by James Clear Chronic Pain and Emotional Trauma: An Interview with Kent Bassett and Dr. Howard Schubiner of This Might Hurt Film On Toxic Masculinity and Mental Health: An Interview with Colin Becker Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel Dear Debt blog by Melanie New York Times article featuring Melanie I Will Teach You To Be Rich Podcast by Ramit Sethi How To Change Your Mind on Netflix Connect with Benoit: LinkedIn YouTube Instagram Connect with Melanie mentalhealthandwealth.com melanielockert.com Instagram Support the podcast through Ko-Fi: https://ko-fi.com/melanielockert Buy Melanie's book “Dear Debt” Contact: mentalhealthandwealthshow@gmail.com   Want more content and support? Sign up for the Mental Hump Newsletter and get our free Mental Health and Money inventory worksheet. You can sign up at MentalHealthandWealth.com. Also, we host a Mental Health and Wealth Hangout every other Thursday over Zoom at 5 pm PT to chat about all things money and mental health. Join here! Follow us on Apple Podcast or Libsyn! Love the podcast? Leave a review on iTunes!

32% des gens ont une insomnie une fois par mois à cause de leurs finances. Et pour cause, l'argent compte parmi les sources de stress les plus fréquentes. Comme quoi, le bien-être financier est un vrai sujet ! Convaincue qu'il est important d'éduquer les gens à gérer leurs finances personnelles, Marie-Caroline Lemée a décidé de devenir Financial Empowerment Coach. Forte de plusieurs années de trading, en 2021, elle lance son propre projet, Marika Finot. Mais avant toute chose, pour mettre en place une vitrine de son activité, elle crée son podcast : Money Chill Out. Argent, bonnes pratiques d'investissement, etc. elle y aborde tout un tas de sujets pour nous aider à investir. Et quelques mois plus tard, en juin 2021, elle commence son activité de coaching. Un objectif : que chacun se sente bien avec son argent. Alors dans ce nouvel épisode de Learning By Doing, elle nous explique tout ! Quelles sont les premières questions à se poser avant d'investir ? Pourquoi est-on encore si peu formé·e·s à la gestion financière ? Comment bien investir ? … Marie-Caroline répond à toutes les questions que l'on peut se poser et nous raconte les coulisses de son activité. Bonne écoute ! À très vite, Prenez soin de vous ! Plus d'info : Pour suivre Marie-Caroline sur LinkedIn : https://www.linkedin.com/in/marie-caroline-lemée-a5b57038/ Pour écouter son podcast Money Chill Out : https://mariekafinot.com/fr/podcast-money-chill-out/ Pour retrouver les ouvrages qu'elle conseille : The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness de Morgan Housel Happy Money: The Japanese Art of Making Peace with Your Money de Ken Honda Le prix à payer : Ce que le couple hétéro coûte aux femmes, de Lucille Quillet Merci mais non merci de Céline Alix Pour recevoir gratuitement notre sélection hebdo de conseils pratiques pour animer votre équipe, rendez-vous ici : https://teambakery.com/nl Et n'oubliez pas de laisser 5 étoiles et un gentil commentaire sur Apple Podcast et Spotify si l'épisode vous a plu. Déroulé de l'épisode : 0'00 : Intro 1'39 : Présentation de Marie-Caroline Lemée et de son parcours. 4'15 : Qu'est-ce que le bien-être financier ? 5'11 : Pourquoi est-on encore si peu formé·e·s à la gestion financière ? 7'33 : Quelle est la première question à se poser avant d'investir ? 12'06 : Comment Marie-Caroline a-t-elle lancé son activité ? 15'28 : Comment a-t-elle choisi les premier·ères invité·es de son podcast ? 18'52 : Comment a-t-elle ensuite mis en place du coaching ? 20'34 : Quel est son objectif avec son activité de coaching ? 22'05 : Quels sont les biais communs dans la gestion des finances personnelles ? 25'38 : Quelles sont les clés de succès pour qu'un investissement se passe bien ? 30'11 : Quelles sources d'information regarder ? 36'46 : Quelques conseils d'ouvrages pour se former aux finances personnelles. 39'41 : Comment travaille-t-elle avec les entreprises ? 43'50 : Sa routine d'apprentissage

Scott Becker Shares his thoughts on frugality, paranoia, and striving to stay wealthy from the book “The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness” by Morgan Housel.

Scott Becker Shares his thoughts on frugality, paranoia, and striving to stay wealthy from the book “The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness” by Morgan Housel.

Scott Becker Shares his thoughts on frugality, paranoia, and striving to stay wealthy from the book “The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness” by Morgan Housel.

Scott Becker Shares his thoughts on frugality, paranoia, and striving to stay wealthy from the book “The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness” by Morgan Housel.

Scott Becker Shares his thoughts on frugality, paranoia, and striving to stay wealthy from the book “The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness” by Morgan Housel.

Scott Becker Shares his thoughts on frugality, paranoia, and striving to stay wealthy from the book “The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness” by Morgan Housel.

Scott Becker Shares his thoughts on frugality, paranoia, and striving to stay wealthy from the book “The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness” by Morgan Housel.

Scott Becker Shares his thoughts on frugality, paranoia, and striving to stay wealthy from the book “The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness” by Morgan Housel.

Scott Becker Shares his thoughts on frugality, paranoia, and striving to stay wealthy from the book “The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness” by Morgan Housel.

Scott Becker Shares his thoughts on frugality, paranoia, and striving to stay wealthy from the book “The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness” by Morgan Housel.

In this episode, Taylor and Mike do a book review of The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel. They discuss different principles of the book and the application of them in life and mindset. A book for anyone interested in how to think about money and how to let that mindset drive your monetary behaviors.

Hello Booklubers and Needle Movers!On this episode from our booklub series we go over The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel. The topics we cover are 1. Our irrational behavior. 2. Luck & financial success. 3. Envy can make you reckless.  4. Holding onto future is more difficult than building it.As always, we hope you enjoy.Stories and Strategies for Public RelationsCommunication is in every facet of our daily business.Listen on: Apple Podcasts Spotify

In this episode, Erik Rostad discusses book 29 from his 2022 Reading List – The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel. Show Notes Author: Morgan Housel Purchase this book from Landmark Booksellers Reading Resources Books of Titans Website The post The Psychology of Money by Morgan Housel appeared first on Books of Titans.

The theme this week on the Retirement Quick Tips Podcast is mid-year commentary & outlook.  I'm currently reading a book called The Psychology of Money: Timeless Lessons on Wealth, Greed and Happiness by Morgan Housel.  It's an excellent book, and even though I haven't finished it yet, I would easily put this in my top 5 books on money that I've ever read, and I highly recommend it. At some point, I'll probably devote an entire weekly theme on the podcast to the lessons in the book, but while preparing to record this week's podcast, I happened to be reading chapter 15, titled: Nothing's Free, which was quite timely in light of this week's theme.  In this chapter, Housel describes the price of investing, which is volatility, and how important it is to accept this cost to be successful over the long-term.  Here's what Housel has to say: [excerpt from book] That's it for today. Thanks for listening! My name is Ashley Micciche and this is the Retirement Quick Tips podcast.  ---------- >>> Subscribe on Apple Podcasts: https://apple.co/2DI2LSP >>> Subscribe on Amazon Alexa: https://amzn.to/2xRKrCs >>> Visit the podcast page: https://truenorthra.com/podcast/  ---------- Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance

Things are changing and evolving in the economy, and with rising rents and fluctuation in the real estate industry, it was bound to trickle down into the STR market. This week Sonder, one of the biggest short-term rental companies in the world, announced it is cutting 20% of its workforce. On this edition of STR Conversations, Eric and I walk you through Sonder's announcement, their first-quarter losses, and the reality of the over-leveraged master leasing model in a post-Covid market. We discuss what we believe the forecast will be for the STR industry as the crowds return to travel with the current economic correction filtering into cost-of-living increases across the board. Listen in to learn how to position yourself to ride the waves. We'll offer insight into how to take advantage of the opportunities in real estate and diversify your income streams to handle any season and situation in your STR business. Plus, the two places that are always worth investing in, no matter the economy. Would you like a sneak peek at our STR Legends LIVE event happening June 16th - 20th, 2022, at an incredible beachfront STR property in Oaxaca, Mexico? We'll be sharing stories and photos on social media, so follow Jasper on Instagram and Eric on Instagram and search the #STRLegends hashtag. Topics Covered What economic factors led Sonder to this pointThe critical importance of scenario analysisHow STR entrepreneurs can position themselves to take on more real estate in this marketHow to put yourself in a position to put OPM - other people's money - to work for your STR businessWhy diversifying is the key to survival and even success in a downturnThe 2 critical area to invest in now for more stability in any economyResources Sonder Restructuring to Include Layoffs, Growth LimitsWinter is Coming...But When? Tony Robbins PodcastThe Psychology of Money: Timeless Lessons on Wealth, Greed, and HappinessSteve Schwab Founder/ CEO at Casago on LinkedInGet Funding to Grow Your Airbnb Portfolio with Nectar (Ep444)Join the Overnight Success TeamLegends X STR AcceleratorJasper on InstagramEric on InstagramSubscribe to GPFYP on Apple Podcasts FREE Airbnb Starter GuideSTR Profit AcademyOvernight SuccessEmail team@overnightsuccess.io See acast.com/privacy for privacy and opt-out information.

In episode #26, the host, Naeem Smith has a short, engaging, episode where he talks about why someone should play sports, the importance of rolling out, treatment, and taking care of your body, and an update on the vending machine business (LSNW LLC). Book Recommendations Amazon.com: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness (Audible Audio Edition): Morgan Housel, Chris Hill, Harriman House: Books Amazon - Extreme Ownership: How U.S. Navy SEALs Lead and Win: Willink, Jocko, Babin, Leif: 9781250067050: Books Green-Light and LSNW LLC Contact Information: IG/Twitter: greenlight_re IG: lsnllc Naeem's Twitter: naeemsmith_ --- Send in a voice message: https://anchor.fm/elevatededge/message Support this podcast: https://anchor.fm/elevatededge/support

In this episode, Paul reviews the book “The Psychology of Money: Timeless Lessons of Wealth, Greed, & Happiness” by Morgan Housel and breaks down the 14 proven financial principles and how you can apply them to your health and fitness.    -------------- Partner Links: Fuller Nutri-Fuel (Paul15 for 15% off) https://fullernutrifuel.com/ Next Level Daily (PAULCLINGAN for 20% off) https://www.nextleveldaily.co/?ref=0aLn8tbwu5i8C --------------- COACHING:  https://go.oncehub.com/ECP_DiscoveryCall HIGH PERFORMANCE FACEBOOK GROUP: https://www.facebook.com/groups/highperformanceservice -------------- Say hi on social: Instagram: https://www.instagram.com/paul_clingan/?hl=en Facebook: https://www.facebook.com/Elemental.Coaching.Project E4 Instagram: https://www.instagram.com/e4_fit_method/?hl=en YouTube: https://www.youtube.com/channel/UCH0WsyQEIMY_t187pUPdLLw

Brendan Frazier is the founder of Wired Planning, a platform dedicated to equipping financial advisors and planners with practical tips and insights to apply behavioral finance and master the human side of advice. Brendan has been on the prestigious Investopedia's Top 100 Financial Advisors and is a sought after keynote speaker. After graduating with a Bachelor's degree in Business Administration and Marketing from Belmont University, Brendan worked at Jackson National as a business development consultant. He then served as a regional sales consultant for Raymond James before launching Wired Planning. Brendan hosts The Human Side of Money, a podcast where he speaks with financial experts and thought leaders to explore the relationship between human behavior and money. Brendan joins us today to discuss the human side of financial advice. He offers ideas for building relationships with clients and reveals how financial advisors can ignite behavioral changes in clients to align them with their financial goals. He defines “reverse rapport,” explains how to avoid it, and highlights the importance of building trust rather than focusing on hard-selling. Brendan also underscores the importance of uncovering a client's values and financial “why.”   “The human side of advice is everything that you didn't get in training, but you absolutely need to know it to best serve your clients and your business.” - Brendan Frazier   This week on The Model FA Podcast: Brendan's background and how he started Wired Planning The human side of advice and the psychology of money Best practices for improving discovery and prospecting process The dangers of creating “reverse rapport” and the secret to establishing trust and likeability The power of asking great questions Weaving the human side of advice into a presentation meeting with clients and prospects Creating emotions around numbers and anchoring to a client's “why” How emotionally-connected clients can help you grow your business   Resources Mentioned: Book: Advice That Sticks: How to Give Financial Advice that People Will Follow by Moira Somers Book: Conversations: How to Manage Your Business Relationships One Conversation at a Time by Ivan Farber Book: How to Talk So Kids Will Listen and Listen So Kids Will Talk by Adele Faber Book: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel   Our Favorite Quotes: “Most advisors have a well-defined, logical service model. Adding a human component ensures that there's a focus on client experience and emotions to drive them to action.” - David DeCelle “Ask clients great questions not about their favorite football team, but about them and their financial journey.” - David DeCelle “Nothing fuels behavior and increases motivation more than giving somebody the ‘why' behind what they're doing.” - Brendan Frazier   Connect with Brendan Frazier: Wired Planning Podcast: The Human Side of Money Brendan Frazier on LinkedIn Brendan Frazier on Twitter Email: brendanfrazier@wiredplanning.com   About the Model FA Podcast   The Model FA podcast is a show for fiduciary financial advisors. In each episode, our host David DeCelle sits down with industry experts, strategic thinkers, and advisors to explore what it takes  to build a successful practice — and have an abundant life in the process. We believe in continuous learning, tactical advice, and strategies that work — no “gotchas” or BS. Join us to hear stories from successful financial advisors, get actionable ideas from experts, and re-discover your drive to build the practice of your dreams.    Did you like this conversation? Then leave us a rating and a review in whatever podcast player you use. We would love your feedback, and your ratings help us reach more advisors with ideas for growing their practices, attracting great clients, and achieving a better quality of life. While you are there, feel free to share your ideas about future podcast guests or topics you'd love to see covered.    Our Team: President of Model FA, David DeCelle   If you like this podcast, you will love our community! Join the Model FA Community on Facebook to connect with like-minded advisors and share the day-to-day challenges and wins of running a growing financial services firm.

Many of us understand that investing in an appreciating asset results in compound growth of our initial investment. But how does this really work? How can a small sum of money grow to something that can provide financial freedom with little to no effort beyond securing the initial investment? And most importantly, what are the different outcomes when debating whether to invest now or later in life? Topics Discussed on Compound GrowthConcerning statistics on millennial retirement planningOur career timelines as a function of our savings rateWhy retirement planning in western societies is increasingly the responsibility of the individualThe pitfalls of believing we'll never retireHow compound growth occurs with our investmentsShocking outcomes of those who save cash versus those who investTimeline case study: what happens if I wait to start investing later in life?The importance of “showing up” with our savings Support this project: Buy Me a CoffeeSubscribe to the website: SUBSCRIBE ME! Original Written PostThe Wondrous And Fantastic Power Of Compound Growth (And Why It Doesn't Pay to Wait) Compound Interest CalculatorInvestor.gov Compound Interest Calculator BooksIkigai: The Japanese Secret to a Long and Happy Life (Hector Garcia, Francesc Miralles)The Millionaire Next Door: The Surprising Secrets of America's Wealthy (Thomas J. Stanley, William D. Danko)The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness (Morgan Housel) Our Investing StrategyThe CC Family Investing Strategy, Part 1: Philosophy and Asset AllocationThe CC Family Investing Strategy, Part 2: Where Exactly Is Our Money?

We talk a lot about making more money but not so much about what comes after that income hits your bank account.  It's nice to have those big cash months and more clients lined up than you know what to do with, but generating wealth - and the freedom that comes with it -  is about more than working your money mindset muscles only for the sake of making more.  Because it's not just about the money you make; it's how you make your income AND what you do with your profit that determines your experience in and out of business. In this episode, we unpack ONE Question to Identify Your Money Blueprint for Richness & Wealth. Join the conversation to learn how to think differently about your relationship with money and intentionally spend, save, and invest in a way that sets you up for your version of success and financial freedom.  Episode Links: Learn more about Kim: kimargetsinger.com Learn more about the show: kimargetsinger.com/podcast Join Kim's FB Group, Business Besties & Creative Bosses: bit.ly/businessbestiesfbgroup Book a free coaching consultation: bit.ly/kimconsult Manifestation Babe The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel Episode 58: ONE Question to Think Like a CEO & Expand Your Success

WARNING! You may learn something from this week's guest… or you might end up wanting to get into the garage door business with Kasich & Klepper. When one door closes another garage door opens! Finance expert and bestselling author Morgan Housel breaks down the behaviors and confusion surrounding how we look at money, navigating today's inflation fears, and shares his advice for how to find economic independence and freedom. Morgan's latest book, "The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness", is available now. See acast.com/privacy for privacy and opt-out information.

This is the third of our 3 episode look at the Super Bowl effect on Advertising.  Today, we're reviewing our favourite ads of SuperBowl 56 highlighting ones that we feel really knocked it out, and trying to figure out which brands really nailed it from an ROI perspective. (0:07) Intro (0:29 ) What are we drinking? (2:55) Advertising and the Super Bowl 56 (58:08) What are we consuming?  1. Book: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness  2.  TV: The Inventor: Out for Blood in Silicon Valle 3. Book: Creative Quest 4. TV: Inventing Anna

Thoughts and Learnings in Investing Everyone should be thinking about investing. Every money decision you make is an investment decision. All investments are broadly equal on the risk/reward spectrum. Only actively make investment decisions when you have an edge. Your investment strategy will depend on your situation (your age, tolerance for downturns, goals, etc.) Compounding is key in investing and in life Downturns are the price you pay for being invested. Think positive-sum (put your money in positive-sum industries) - shorting! List of Investing Books and Topics That We Have Read Introduction to Investing Talking To My Daughter About The Economy by Yanis Varoufakis The Intelligent Investor by Benjamin Graham The Bitcoin Standard: The Decentralized Alternative to Central Banking by Saifedean Ammous NFTs (Non-Fungible Tokens), explained Angel: How to Invest in Technology Startups—Timeless Advice from an Angel Investor Who Turned $100,000 Into $100,000,000 by Jason Calacanis The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment by Guy Spier The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel The Almanack of Naval Ravikant: A Guide to Wealth and Happiness by Eric Jorgenson What is Decentralized Finance or DeFi Art of the Deal: Contemporary Art in a Global Financial Market by Noah Horowitz Nico's Top 3 The Almanack of Naval Ravikant: A Guide to Wealth and Happiness (https://www.wiserpod.com/2022-the-almanack-of-naval-ravikant) The Psychology of Money (https://www.wiserpod.com/2021-the-psychology-of-money) The Education of a Value Investor: My Transformative Quest for Wealth, Wisdom, and Enlightenment (https://www.wiserpod.com/2021-the-education-of-a-value-investor) and The Bitcoin Standard: The Decentralized Alternative to Central Banking (https://www.wiserpod.com/2021-the-bitcoin-standard) #### Sam's Top 3 The Psychology of Money (https://www.wiserpod.com/2021-the-psychology-of-money) The Almanack of Naval Ravikant: A Guide to Wealth and Happiness (https://www.wiserpod.com/2022-the-almanack-of-naval-ravikant) Talking To My Daughter About The Economy (https://www.wiserpod.com/2021-talking-to-my-daughter-about-the-economy) Subscribe! If you enjoyed the podcast please subscribe and rate it. And of course, share with your friends! You can also listen and join us on ReasonFM (https://reason.fm/podcast/wiser-than-yesterday) or just ask questions. Don't Forget to like, comment, share and subscribe See podvine.com/privacy-policy for privacy and opt-out information.

Two years ago, I sat down with real estate coach, Nick McLean, and the episode impacted a lot of people. Today we have the privilege of digging back into his mind, and learn from his knack for bringing an actionable framework to any concept. He's going to share a powerful thought process that binds the most fulfilled and successful people - making your work more meaningful.    Nick is an entrepreneur, coach and founder/CEO of the Nick McLean Real Estate Group. The former pilot uses knowledge in systems pilot and applying the same techniques he learned from the aviation industry to build a successful real estate business.    What's the most meaningful part of being in real estate? Money, financial success, commission checks? Surprisingly, no. For many agents, the buzz and satisfaction of cashing a commission check doesn't live up to all the hype. From Nick McLean's perspective there's a really good reason why we don't get a dopamine hit from the money - it doesn't provide the meaning that makes us happy and fulfilled.    What do we pursue if we want our jobs and lives to have more meaning? Chasing the parts of the process that give us the most joy, and creating those meaningful impact points in our day.  Guest Info   Nick is an entrepreneur, coach and founder/CEO of the Nick McLean Real Estate Group. The former pilot uses knowledge in systems pilot and applying the same techniques he learned from the aviation industry to build a successful real estate business.    Facebook: https://www.facebook.com/realestategreatnesswithnickmclean/?ref=bookmarks Instagram: @nickmcleanre Twitter: @nickmcleanre Books Mentioned    30 Lessons for Living by Karl Pillemer   The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel   CTA   ​​Please leave us a review at https://ratethispodcast.com/nla

Our guest this week is Michael Mauboussin. Michael is the head of consilient research at Counterpoint Global. Before joining Counterpoint Global in January 2020, Michael was director of research at BlueMountain Capital Management and prior to that held research leadership roles at Credit Suisse and Legg Mason Capital Management. Michael is the author of three books including The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing and is also coauthor with Alfred Rappaport of Expectations Investing: Reading Stock Prices for Better Returns. He has been an adjunct professor of finance at Columbia Business School since 1993 and is on the faculty of the Heilbrunn Center for Graham & Dodd Investing. Michael is also chairman emeritus of the board of trustees of the Santa Fe Institute. He received his bachelor's degree from Georgetown University.BackgroundBioThe Success Equation: Untangling Skill and Luck in Business, Sports, and Investing, by Michael MauboussinExpectations Investing: Reading Stock Prices for Better Returns, by Michael Mauboussin and Alfred RappaportMore Than You Know: Finding Financial Wisdom in Unconventional Places, by Michael MauboussinConsilienceConsilience: The Unity of Knowledge, by Edward O. Wilson“Charlie Munger's System of Mental Models: How to Think Your Way to Success,” by Andrew McVagh, mymentalmodels.info.com, Aug. 7, 2018.“Increasing Returns and the New World of Business,” by W. Brian Arthur, harvardbusinessreview.com, July-August 1996.Santa Fe Institute“Why Foxes Make Better Decisions Than Hedgehogs,” by Kevin Sookocheff, sookocheff.com, July 15, 2021.Jonathan Baron, Professor, University of PennsylvaniaActive Fund Success“Turn and Face the Strange: Overcoming Barriers to Change in Sports and Investing,” by Michael Mauboussin and Dan Callahan, morganstanley.com, Sept. 8, 2021.“Dispersion and Alpha Conversion: How Dispersion Creates the Opportunity to Express Skill,” by Michael Mauboussin and Dan Callahan, morganstanley.com, April 14, 2020.Fundamental Law of Active Management“The ‘Paradox of Skill' Adds to Active Management Woes,” by Christine Idzelis, institutionalinvestor.com, Sept. 17, 2020.Triumph and Tragedy in Mudville: A Lifelong Passion for Baseball, by Stephen Jay Gould“Looking for Easy Games in Bonds,” by Michael Mauboussin, bluemountaincapital.com, April 16, 2019.“Do Individual Day Traders Make Money? Evidence From Taiwan,” by Brad Barber, Yi-Tsung Lee, Yu-Jane Liu, and Terrance Odean, Berkeley.edu, May 2004.Expectations InvestingCreating Shareholder Value: A Guide for Managers and Investors, by Alfred Rappaport“Market-Expected Return on Investment: Bridging Accounting and Valuation,” by Michael Mauboussin and Dan Callahan, morganstanely.com, April 14, 2021.Security Analysis course taught by Michael Mauboussin at Columbia Business School“The Math of Value and Growth: Growth, Return on Capital, and the Discount Rate,” by Michael Mauboussin and Dan Callahan, morganstanely.com, June 9, 2020.“Public to Private Equity in the United States: A Long-Term Look,” by Michael Mauboussin and Dan Callahan, morganstanley.com, Aug. 4, 2020.“How the Parting of Two Market Forces Helped Spur the Equity Rally,” by Michael Mauboussin, ft.com, Feb. 8, 2021.Business Quality and Capital Allocation“Thoughts on Cost of Capital and Buffet's $1 Test--Part 1,” by John Huber, sabercapitalmgt.com, Oct. 30, 2017.“Return on Invested Capital (ROIC)--Michael Mauboussin on Investment Concepts,” anthenarium.com.“Michael Mauboussin on Capital Allocation and Value Creation,” anthenarium.com, Nov. 29, 2019.“Chancellor: Tech Growth Comes at Irrational Price,” by Edward Chancellor, reuters.com, Sept. 9, 2021.“Categorizing for Clarity: Cash Flow Statement Adjustments to Improve Insight,” by Michael Mauboussin and Dan Callahan, morganstanley.com, Oct. 6, 2021.Other and Recommended ReadingAswath Damodaran, Professor of Finance, Stern School of BusinessThe Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness, by Morgan HouselThe Warren Buffett Way, by Robert HagstromWarren Buffett: Inside the Ultimate Money Mind, by Robert HagstromRicher, Wiser, Happier: How the World's Greatest Inventors Win in Markets and Life, by William Green

Our guest today is Cullen Roche. Cullen is the founder and chief investment officer of the Discipline Funds. In addition, Cullen heads up Orcam Group, a registered investment advisory firm he established in 2012. Cullen also authors the popular blog "Pragmatic Capitalism," where he writes about a range of macroeconomic and investing topics. He is active on social media, including Twitter, where you can find him at @cullenroche. Cullen started his career as an advisor at Merrill Lynch and did a stint at an event-driven hedge fund before starting his RIA firm. He received his bachelor's degree in finance from Georgetown University's McDonough School of Business..BackgroundBioPragmatic Capitalism BlogPragmatic Capitalism: What Every Investor Needs to Know About Money and Finance, by Cullen RocheMacroeconomics and Financial Planning/Advice“Three Things I Think I Think—Macro Thoughts,” by Cullen Roche, pragcap.com, Aug. 3, 2021.The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness, by Morgan Housel“The Most Important Investment Factor—Behavior,” by Cullen Roche, pragcap.com, April 6, 2018.“What Is the Value of Financial Advice?” by Cullen Roche, pragcap.com, Sept. 18, 2019.“Understanding Quantitative Easing,” by Cullen Roche, papers.ssrn.com, Feb. 10, 2014.“2 Reasons the Surging Deficit Worries Me,” by Cullen Roche, pragcap.com, Sept. 26, 2018.Economic Cycle and Fiscal Picture@jasonzweigwsj“Three Things I Think I Think: Cycles, Hunting Biden and Life,” by Cullen Roche, pragcap.com, Oct. 15, 2020.“Three Things I Think I Think: Housing Bubble 2.0, Passive Investing and Hyperinflation,” by Cullen Roche, pragcap.com, April 8, 2021.“Should House Prices Be in the CPI?” by Cullen Roche, pragcap.com, Aug. 24, 2021.“Understanding Government Liabilities,” by Cullen Roche, pragcap.com, March 28, 2021.Inflation and Interest Rates“Let's Talk About Inflation,” by Cullen Roche, pragcap.com, May 12, 2021.“Is Hyperinflation Coming?” by Cullen Roche, pragcap.com, Oct. 25, 2021.“Three Things I Think I Think—Myths That Never Die,” by Cullen Roche, pragcap.com, Oct. 5, 2021.“Government Bond Markets Aren't ‘Free' Markets,” by Cullen Roche, pragcap.com, Oct. 8, 2020.“What if It's all Going to Zero?” by Cullen Roche, pragcap.com, Nov. 9, 2021.“Why Stocks and Bonds Are the Core of any Portfolio,” by Cullen Roche, pragcap.com, March 16, 2021.Discipline Fund ETF“Introducing the Discipline Fund ETF,” by Cullen Roche, pragcap.com, Sept. 21, 2021.“John Bogle: How to Create Perfect Asset Allocation,” video interview, youtube.com, June 24, 2018.Discipline Fund ETF OverviewWesley Gray“What Is Discipline-Based Investing?” by Cullen Roche, pragcap.com, Jan. 1, 2019.Target-Date Funds“The Zoom Climb Glide Path & Why the Age in Bonds Rule Is Wrong,” by Cullen Roche, pragcap.com, Sept. 30, 2021. “The Portfolio Size Effect and Using a Bond Tent to Navigate the Retirement Danger Zone,” by Michael Kitces, kitces.com, Oct. 5, 2016.“Three Things I Think I Think—Dangerous & Terrible Stuff,” by Cullen Roche, pragcap.com, Sept. 29, 2021.

The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness By Morgan Housel Doing well with money isn't necessarily about what you know. It's about how you behave. And behavior is hard to teach, even to really smart people. Money―investing, personal finance, and business decisions―is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don't make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life's most important topics. Takeaways Focus on being reasonable with money over being rational Getting wealthy is not the same staying wealthy Compounding is the key ingredient. Compounding helps investors build wealth by generating returns on investments over time. These returns then continue to compound and help grow assets. Having more flexibility and control over your time is far more valuable than getting another 2% on your returns by working all-nighters or making speculative bets that impact your sleep. Host rating for 'The Psychology of Money' Nico Rating: 9/10 Sam Rating: 9/10 Subscribe! If you enjoyed the podcast please subscribe and rate it. And of course, share with your friends! You can also listen and join us on ReasonFM (https://reason.fm/podcast/wiser-than-yesterday) or just ask questions.

In this episode, Holistic Personal Finance coach, Genevieve, and I discuss money relationship! In order to have a healthy, balanced relationship with money, it is crucial to understand how our feelings behind money. The way we feel about money has major influence on how our money comes in and out of the bank account. The beliefs around money could be suppressing the money flow. Tune-in with Genevieve and I as we discuss how you can transform your money relationship. Loses the limiting beliefs and fall into abundance! Instagram: https://www.instagram.com/holistic.personal.finance/ Website: https://www.holisticpersonal.finance/coaching Book mentioned in the episode: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness https://www.amazon.com/s?k=the+psychology+of+money&gclid=Cj0KCQiAnuGNBhCPARIsACbnLzqHlDBIe-TmAAOjmbF1iAvMiizaAGrohkJUcJdm6_l-aQ_jO9S26d0aAj-1EALw_wcB&hvadid=241638696189&hvdev=c&hvlocphy=9023205&hvnetw=g&hvqmt=e&hvrand=12633517404761500332&hvtargid=kwd-816731825&hydadcr=21903_10171041&tag=googhydr-20&ref=pd_sl_6am9msl9oc_e --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app

In today's episode, I'm joined by my longtime good friend and real estate leader, Steve Pilkington. For the decade that I've known Steve, our conversations have always had the same theme. They have always been centered around upping our game and providing the most value to the consumer and our agents.    Steve Pilkington is a real estate consultant and broker/owner of Path Home Team. The Path Home Team has over 60 combined years of real estate experience in the Denver Metro area with a team of highly qualified and trained personnel to ensure the highest level of customer service and satisfaction. The Path Home Team is consistently ranked in the top 1.0% of all Realtors in the Denver metro area and the state of Colorado. They are highly experienced at meeting and surpassing the needs of both buyers and sellers.    In real estate, people are put on stages because they have seemingly good numbers, not because they have good businesses. For real estate agents on the ground, it can be hard to discern what's real and what details get conveniently left out.    We don't get to hear if the top line numbers of these leaders actually translate to bottom line earnings for their agents, which is what team leaders need to be obsessed with.   Books Mentioned    Who: The A Method for Hiring by Geoff Smart and Randy Street    Acres of Diamonds by Russell Conwell   The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel Guest Info   Steve Pilkington is a real estate consultant and broker/owner of Path Home Team. The Path Home Team has over 60 combined years of real estate experience in the Denver Metro area with a team of highly qualified and trained personnel to ensure the highest level of customer service and satisfaction. The Path Home Team is consistently ranked in the top 1.0% of all Realtors in the Denver metro area and the state of Colorado. They are highly experienced at meeting and surpassing the needs of both buyers and sellers.  Connect with Steve on LinkedIn.    CTA   ​​Please leave us a review at https://ratethispodcast.com/nla

Best-selling author Tim Ferriss chats with Chris about how he built and grew his podcast (The Tim Ferriss Show) to 700+ Million Downloads. They give a deep inside look at how their podcasts got started and how everything comes together each week (equipment, production, interviews and more). They also discuss a number of topics relevant outside of podcasting, like interviewing skills, marketing, branding and storytelling.Tim Ferriss (@tferriss) has been listed as one of Fast Company's “Most Innovative Business People.” He is an early-stage technology investor/advisor (Uber, Facebook, Shopify, Duolingo, Alibaba, and 50+ others) and the author of five #1 New York Times and Wall Street Journal bestsellers, including The 4-Hour Workweek and Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers. The Observer and other media have called Tim “the Oprah of audio” due to the influence of The Tim Ferriss Show podcast, which is the first business/interview podcast to exceed 100 million downloads. It has now exceeded 700 million downloads.Full show notes available at: https://www.allthehacks.com/podcasting-tim-ferriss Selected Links From The EpisodeConnect with Tim Ferriss: Twitter | Instagram | Blog | Podcast | 5-Bullet Friday NewsletterTim's Resources on Podcasting: 2016 Blog Post | Interview with Rolf PottsPodcast Recording Platforms: Zencastr | SquadCast | Riverside.fm | QuickTime | AppleOther Podcasting Tools: Descript | ChartablePodcasting EquipmentLogitech BRIO Ultra HD Webcam | AmazonAudio-Technica ATR2100x-USB Cardioid Dynamic Microphone | AmazonAudio-Technica ATR2500x-USB Cardioid Condenser Microphone | AmazonApple AirPods with Charging Case | AmazonZoom H6 6-Track Portable Recorder | AmazonXLR Cables | AmazonShure SM58 Handheld Dynamic Vocal Microphone | AmazonTim's BooksThe 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New RichThe 4-Hour Body: An Uncommon Guide to Rapid Fat Loss, Incredible Sex, and Becoming SuperhumanThe 4-Hour Chef: The Simple Path to Cooking Like a Pro, Learning Anything, and Living the Good LifeTools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class PerformersTribe of Mentors: Short Life Advice from the Best in the WorldTim Ferriss Show Episodes:#1 with Kevin Rose#22 Ed Catmull, President of Pixar#418 Esther Perel#444 Hugh Jackman#60 Arnold Schwarzenegger#349 LeBron James#506 Balaji Srinivasan#283 Tim Urban#25, 26 & 27: Kevin Kelly#40 Andrew Zimmern#399 Adam Grant#281 Stewart BrandOther Books and Blog Posts: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan HouselFinding the One Decision That Removes 100 Decisions (or, Why I'm Reading No New Books in 2020) | Tim Ferriss4 Tools to Use Now That Facebook Analytics is Gone | Ad EspressoThe Tail End | Wait But WhyThe 22 Immutable Laws of Marketing by Al Ries and Jack Trout | Amazon1,000 True Fans | The TechniumThis Satirical TikToker is Generating Millions of Dollars in EMV for World-Renowned Brands by Andrew Chen | Captiv880/20 Rule (Pareto Principle) | InvestopediaOther Podcasts:This American LifeThe Joe Rogan Experience | Spotify‎ID10T (Formerly Nerdist) with Chris Hardwick | Apple PodcastsWTF with Marc Maron PodcastWNYCPushkin PodcastsThe Stacking Benjamins PodcastArmchair ExpertIt's Official: ‘Call Her Daddy' is Exclusive | Quill Full Show NotesWho is Chris Hutchins, and how many episodes of his new podcast, All the Hacks, does he have under his belt thus far? [2:26]A few choice pieces of advice anyone should consider when aspiring to start a podcast: you don't have to commit forever, only do this if you'd do it for free, and don't worry about how big (or small) your audience is. [4:30]Don't commit to forever, but start with a reasonable number of episodes to aim for (Tim chose six). If you don't love the direction it's going, change direction until you do. Choose a game you can win. [6:50]Expect technical SNAFUs. Always have a backup plan. Better: have several. “Two is one, and one is none.” [11:40]Is it still early in the days of podcasting and ripe with opportunity, or is it too crowded and people should consider new mediums for content? [12:55]Why did Chris want to start a podcast, and what has made it worthwhile to continue? [17:04]Gear Tim uses and why most of his podcast conversations are done remotely. [20:27]How many technical difficulties would Tim endure before just rescheduling an interview? What precautions does Tim take to make this less likely? [23:04]An easy way to test if your remote guest's external mic is selected. [27:44]Tim once advised podcasters against recording on video, but he's changed my tune. What are the pros and cons? [27:26]How different did his operation look when Tim was just getting started, and how has it evolved over time with the addition of metrics for monetization and staff to assist with production? [32:24]What Chris has considered when weighing the rewards of monetization versus its costs, and Tim's two cents' worth on sponsorship best practices and options available. (Bonus: why Tim's books aren't available in paperback.) [37:03]Can't get big-name guests? Prioritize getting good guests even if they're not household names. People like good content more than they like bad content with a fancy name (and you'll probably like not having to get through a phalanx of publicists and lawyers and managers for a year to get that “famous” but potentially less interesting guest). [48:29]How Tim has found guests from the very beginning. [52:18]Tim's thoughts on Chris' interview with Leigh Rowan (note: not a household name, but an incredible guest who brought his A game). [53:53]You may not be able to “fix” a bad guest no matter how well-practiced you are as an interviewer. But you can always record long and edit liberally. [55:26]Questions Tim asks and conversations he'll have with guests to put them at ease and get them to a place where they can trust the process. [57:09]Why Tim finds Twitter to be an excellent, low-risk way to source guests. But there are right ways and wrong ways to go about it. [1:01:20]Illustrating the importance of technical redundancy, Chris confesses that he had to re-record the interview with Leigh Rowan from scratch. At least it was a lesson learned on day one. [1:07:52]The value of reading transcripts (and, perhaps more painfully, audience feedback on social media) of your interviews early on in order to improve, as well as other methods of soliciting torture from select friends for personal development. [1:10:00]Why becoming a better interviewer is really becoming your best self as an interviewer. Remember: what's worked for Joe Rogan or James Lipton or Larry King may not work for you. [1:17:04]How long does Tim spend on prep prior to an interview? What are some helpful shortcuts and processes to squeeze the most juice out of this time? [1:21:22]Has Tim ever done too much research before an interview — to the point that the ensuing conversation was devoid of any meaningful surprises? [1:27:15]What might cause Tim to push pause on publishing an interview, and how would he break the news diplomatically to the guest? What efforts can be made to salvage something useful from the experience for both parties? [1:30:13]Does Tim always read a guest's new book before he interviews them? [1:32:06]Has Tim ever had to pause during an interview to regroup and replan its direction? What steps do I take to make sure the guest and I sound as good as possible? [1:34:31]How did Tim build an understanding of his guests, and what did he learn about relating to an audience from Wait But Why‘s Tim Urban? [1:38:37]Tip: How to avoid getting your AirPods case mixed up with a significant other/family member/roommate who lives with you. [1:43:58]Does Tim pay attention to number of podcast downloads and other listener-quantifying metrics? What would motivate extra scrutiny of those numbers? [1:45:19]Why you probably want to funnel your listeners to your own website instead of something like a Facebook page that uses algorithims you can't control. [1:50:00]Is growth as important as creating good content? What are the most effective ways to grow an audience that will find that good content? [1:55:14]Is there a point to putting audio-only content on a video platform like YouTube? While growth has no magic bullet and the tools are forever changing, here are some evergreen references that might help you find the anchor that will work for your needs. [2:01:00]Want to be of the best service to yourself and your audience? Stop trying to please all of the people all of the time. Find the cadence, content, and frequency that fulfills you first. [2:04:35]Someone might tune in to your podcast for a certain guest, but if they come back, it's because of you. This being said, is it necessary to go out of your way to remind listeners that you exist in every episode? [2:08:15]How can you make your good question a great question while making your guest sound even smarter and get your listeners personally invested in the conversation? [2:10:18]What is one of Chris' best investments? [2:13:05]How (and why) did Tim make the transition from being “The 4-Hour Guy” to the host of The Tim Ferriss Show (rather than starting something like The 4-Hour Podcast)? [2:14:11]You have a personal brand (even if you've never tried to build one). But how do you know what it entails? [2:25:08]To eliminate the bother of selling ads and securing sponsors, is it worth it to join a podcast network that promises to take care of monetization for you (for a hefty cut)? [2:27:50]How does Tim handle a follow-up question if he's thought of it well past the point it would make sense to fit it into the conversation? [2:36:52]Does Tim have any tactics for getting introductions to potential guests from other people in my existing network? [2:38:33]A question you can ask to improve your interviewing prowess (courtesy of Adam Grant). [2:40:18]What kind of processes does Tim go through when he reassess the direction of the podcast after reaching a preestablished milestone? [2:42:27]The time-saving power of batching recording sessions. [2:44:54]Parting thoughts. [2:50:57] Connect with All the HacksAll the Hacks: Newsletter | Website | Facebook | EmailChris Hutchins: Twitter | Instagram | Website | LinkedIn

In a recent interview with Skift CEO Rafat Ali, Brian Chesky predicted a near-future revolution in travel. A revolution that presents a big opportunity for short-term rental hosts.As more companies offer employees the option to work remotely, Chesky believes people will take advantage of the flexibility to travel. This will increase demand for STRs, especially in secondary markets.On this episode of Get Paid for Your Pad, Eric and I discuss the biggest opportunity we see right now in short-term rentals, describing how we're finding older vacation homes in drive-to destinations and converting them into unique STR experiences. Listen in for insight on the benefit of investing in real estate for Airbnbs and learn how to upgrade an older STR property—without losing sight of what makes the local area special!Topics Covered Key takeaways from the recent Brian Chesky interviewPeople won't go back to working in offices full-timeAffords much more flexibility to travelOpportunities for STR hosts in this revolution of travelFind older vacation homes in secondary marketsConvert into unique, modern STR experiences Why we're investing in properties in secondary marketsFinancial decisions shaped by experience of COVIDPeople want to travel AND live there (can sell later)What short-term rental guests will need moving forwardFast internet, workspace for remote officeOption to disconnect and be in nature Approach to upgrading older STR propertiesImprove experience (e.g.: smart locks, guidebook)Highlight what makes local area specialBenefit of investing in real estate for STRsOwnership affords opportunity to build wealthMoney in properties as hedge against inflation How the Get Paid for Your Pad podcast is changingMondays focus on small hosts (Airbnb101)Wednesdays about managing STR business at scaleFridays we share journey building hospitality brand Resources Brian Chesky: Travel RevolutionRemote Work at BufferAirDNAThe Psychology of Money: Timeless Lessons on Wealth, Greed and Happiness by Morgan HouselStrawberry Creek VillageSonderLyricStay AlfredLegends X STR AcceleratorGet Paid for Your PadEmail jasper@getpaidforyourpad.com Sponsor Hostfully [Discount Code PAD] See acast.com/privacy for privacy and opt-out information.

Note: This is a rebroadcast. It originally aired in November 2020. When we think about finance, we typically think about numbers and math. My guest today, however, argues that doing well with money is less about what you can put on a spreadsheet and more about what goes on in your mind, and that if you want to master personal finance, you've got to understand how things like your own history, unique view of the world, and fear and pride influence how you think. His name is Morgan Housel, and he's an investor, a financial journalist, and the author of The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. Morgan kicks off our conversation by explaining how doing well with money is less about what you know and more about how you behave, and illustrates this point by comparing the true stories of a janitor who saved millions and a prominent Wall Streeter who went bankrupt. He then explains how the seemingly crazy decisions people make around money actually make a kind of sense. From there we get into why you need to know the financial game you're playing and not play someone else's. We then turn to why it's hard to be satisfied with your position in life when your expectations keep rising and why not continually moving your goalposts is the most important skill in personal finance. We discuss how getting off the never-ending treadmill of wanting more requires seeing money not just as a way to buy stuff but to gain greater autonomy, keeping the "man in the car paradox" in mind, and understanding the distinction between being rich and being wealthy. We then talk about the underappreciated, mind-boggling power of compound interest, using the example of Warren Buffet, who made 99% of his wealth after the age of 50. We then discuss why you should view volatility in the stock market as a fee rather than a fine, why pessimistic financial opinions are strangely more appealing than optimistic ones, and why it's best to split the difference and approach your money like a realistic optimist. We end our conversation with the two prongs of Morgan's iron law for building wealth.If reading this in an email, click the title of the post to listen to the show.Show HighlightsWhy personal finance success isn't about knowledge, but psychologyUnderstanding that nobody is actually crazy when it comes to money decisions (even though those decisions might be crazy)Why context is crucial to understanding people's financial choicesWho buys lottery tickets? Why do they do it?Why personal finance is more "personal" than "finance"Are there overarching principles to follow, despite the personal nature of finance and wealth?The underappreciated role of luck in our financesHow to be more content with what you haveKeeping your expectations from rising in lock step with your income/net worthThe difference between being rich and being wealthyThe mind-boggling power of compound interestBalancing optimism and pessimismMorgan's golden rule of financial successResources/People/Articles Mentioned in PodcastAoM's personal finance archivesThe Motley Fool5 Books for the Personal Finance Education You Never HadHow to Achieve a "Rich Life" With Your FinancesWhat Every Young Man Should Understand About the Power of Compound InterestGraduating From a Paycheck Mentality to a Net Worth MentalityWhy and How to Start an Emergency Fund

Martin Saenz is known to be a thought leader in the mortgage note investment industry. He founded Note Investing Made Easier in 2009. Prior to launching NIME, Martin has owned and operated multiple successful companies. He is a successful entrepreneur and real estate investor with over 15 years of experience under his belt. Martin is very generous with his first-hand expertise, to the benefit of his many clients and followers. He is passionate about creating a better world through profitable businesses and works hard to share and spread success. He has directly aided over a thousand families to stay in their homes and countless more through the influence of his mentorship.Martin holds a Bachelor of Arts degree in Philosophy from the University of Texas at San Antonio, a Master of Business Administration from Drexel University, and a Master of Science in Project Management from George Washington University.Listen in as they discuss:Martin's journey into note investingWhat is note investingHow note investing worksWhat is the cost and risk associated with note investingWhat happens when one stops making payments on the secondary marketThe payment policies of note investingHow much capital do you need to get started with note investingWhat attributes should you have to be taken seriously in note investingAnd, more!TIP OF THE WEEKMark: My tip is, learn more about Martin Saenz and his strategy, go to noteinvestingmadeeasier.com.Scott: My tip is this book called The Psychology of Money: Timeless Lessons on Wealth, Greed and Happiness by Morgan Housel.Martin: So I learned this the hard way. In 2013, I made a commitment to only invest in assets that have cash flow, in that I have control over. And that's how I live my whole life by; the properties I manage, the note we purchase, the note we worked out.WANT TO LISTEN MORE?Did you like this episode? If so, tune into another one of our exciting episodes with special guest Brian Orr as we discuss the importance of taking action to your financial success.Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Podcast: The Long View (LS 52 · TOP 0.5% what is this?)Episode: Jason Zweig: Temperament Is Everything for Most InvestorsPub date: 2021-06-29Our guest on the podcast this week is The Wall Street Journal columnist and author Jason Zweig. Jason became a personal finance columnist for The Wall Street Journal in 2008. His weekly column, “The Intelligent Investor,” is a must-read for people inside and outside of the investment industry. Jason is also the editor of the revised edition of Benjamin Graham's The Intelligent Investor. And he is the author of Your Money and Your Brain, which explores the neuroscience of investing. He also wrote the Devil's Financial Dictionary, which is a satirical glossary of Wall Street. BackgroundBioJason's twitter handle: @jasonzweigwsjYour Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich The Devil's Financial DictionaryIntelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel Life and Fate by Vasily GrossmanPalace Walk: The Cairo Trilogy by Naguib MahfouzThe Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan HouselMatt Levine, Bloomberg Opinion ColumnistJesse Livermore, Philosophical EconomicsNick Maggiulli, Ritholtz Wealth ManagementMichael Batnick, Ritholtz Wealth ManagementBen Carlson, Ritholtz Wealth ManagementJoe Weisenthal, BloombergTracy Alloway, BloombergRobin Wigglesworth, Financial TimesResearch Institute: Credit Suisse Global Investment Returns, Yearbook 2021 Summary Edition Georgarakos, D. & Pasini, G. 2011. “Trust, Sociability and Stock Market Participation,” Review of Finance, Vol. 15, No. 4, P. 693. Thinking, Fast and Slow by Daniel Kahneman“Investment Policy and the Competent Stranger,” speech by Charles D. Ellis, empireclub.org, April 7, 1988.Feynman, R.P. 1974.“Cargo Cult Science,” Engineering and Science.BogleheadsInvesting“Stock Market 101: Teaching the Wrong Lessons?” by Jason Zweig, Jasonzweig.com, May 8, 2015.“How to Keep Your Cool When Markets Are Sizzling,” by Jason Zweig, wsj.com, April 23, 2021.“Why You Shouldn't Buy Bitcoin When You're Hungry,” by Jason Zweig, wsj.com, May 21, 2021. “You Can't Invest Without Trading. You Can Trade Without Investing,” by Jason Zweig, wsj.com, June 18, 2021.“Robinhood Trader's Battle Cry: ‘It's All Just a Game to Me,' " by Jason Zweig, wsj.com, March 26, 2021. “Jason Hsu: China Is ‘the Last Great Remaining Alpha Reservoir,' " The Long View Podcast, morningstar.com, April 20, 2021.ETFs and Index Funds“The Stock Got Crushed. Then the ETFs Had to Sell,” by Jason Zweig, Jasonzweig.com, Jan. 31, 2020.“The Story Behind the Market's Hottest Funds,” by Jason Zweig, wsj.com, Jan. 15, 2021.“ETFs: What They Are and How They Can Fit Into Your Investment Portfolio,” by Jason Zweig, wsj.com, May 20, 2021.Retirement“Jason Zweig's Proposal to Scrap 401(k)s,” by John Rekanthaler, Morningstar.com, Feb. 26, 2019.“Wishful Thinking in a World Without Yield,” by Jason Zweig, wsj.com, June 18, 2021. “The Safe, High-Return Trade Hiding in Plain Sight,” by Jason Zweig, wsj.com, May 28, 2021.“The Funds That Make You Buy Low and Sell High,” by Jason Zweig, wsj.com, Aug. 30, 2019.Financial Advice“The Intelligent Investor: Saving Investors From Themselves,” by Jason Zweig, wsj.com, July 1, 2013.“The First Line of Investing Defense? You,” by Jason Zweig, wsj.com, March 8, 2019.“Looking for a Financial Planner? The Go-To Website Often Omits Red Flags,” by Jason Zweig and Andrea Fuller, wsj.com, July 30, 2019.“Financial Advisor Fee Trends and the Fee Compression Mirage,” by Michael Kitces, kitces.com, Feb. 8, 2021. “Want to Get Rich Quick? Who Can Stop You?” by Jason Zweig, wsj.com, May 7, 2021.The podcast and artwork embedded on this page are from Morningstar, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

Podcast: The Long View (LS 55 · TOP 0.5% what is this?)Episode: Jason Zweig: Temperament Is Everything for Most InvestorsPub date: 2021-06-29Our guest on the podcast this week is The Wall Street Journal columnist and author Jason Zweig. Jason became a personal finance columnist for The Wall Street Journal in 2008. His weekly column, “The Intelligent Investor,” is a must-read for people inside and outside of the investment industry. Jason is also the editor of the revised edition of Benjamin Graham's The Intelligent Investor. And he is the author of Your Money and Your Brain, which explores the neuroscience of investing. He also wrote the Devil's Financial Dictionary, which is a satirical glossary of Wall Street. BackgroundBioJason's twitter handle: @jasonzweigwsjYour Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich The Devil's Financial DictionaryIntelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel Life and Fate by Vasily GrossmanPalace Walk: The Cairo Trilogy by Naguib MahfouzThe Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan HouselMatt Levine, Bloomberg Opinion ColumnistJesse Livermore, Philosophical EconomicsNick Maggiulli, Ritholtz Wealth ManagementMichael Batnick, Ritholtz Wealth ManagementBen Carlson, Ritholtz Wealth ManagementJoe Weisenthal, BloombergTracy Alloway, BloombergRobin Wigglesworth, Financial TimesResearch Institute: Credit Suisse Global Investment Returns, Yearbook 2021 Summary Edition Georgarakos, D. & Pasini, G. 2011. “Trust, Sociability and Stock Market Participation,” Review of Finance, Vol. 15, No. 4, P. 693. Thinking, Fast and Slow by Daniel Kahneman“Investment Policy and the Competent Stranger,” speech by Charles D. Ellis, empireclub.org, April 7, 1988.Feynman, R.P. 1974.“Cargo Cult Science,” Engineering and Science.BogleheadsInvesting“Stock Market 101: Teaching the Wrong Lessons?” by Jason Zweig, Jasonzweig.com, May 8, 2015.“How to Keep Your Cool When Markets Are Sizzling,” by Jason Zweig, wsj.com, April 23, 2021.“Why You Shouldn't Buy Bitcoin When You're Hungry,” by Jason Zweig, wsj.com, May 21, 2021. “You Can't Invest Without Trading. You Can Trade Without Investing,” by Jason Zweig, wsj.com, June 18, 2021.“Robinhood Trader's Battle Cry: ‘It's All Just a Game to Me,' " by Jason Zweig, wsj.com, March 26, 2021. “Jason Hsu: China Is ‘the Last Great Remaining Alpha Reservoir,' " The Long View Podcast, morningstar.com, April 20, 2021.ETFs and Index Funds“The Stock Got Crushed. Then the ETFs Had to Sell,” by Jason Zweig, Jasonzweig.com, Jan. 31, 2020.“The Story Behind the Market's Hottest Funds,” by Jason Zweig, wsj.com, Jan. 15, 2021.“ETFs: What They Are and How They Can Fit Into Your Investment Portfolio,” by Jason Zweig, wsj.com, May 20, 2021.Retirement“Jason Zweig's Proposal to Scrap 401(k)s,” by John Rekanthaler, Morningstar.com, Feb. 26, 2019.“Wishful Thinking in a World Without Yield,” by Jason Zweig, wsj.com, June 18, 2021. “The Safe, High-Return Trade Hiding in Plain Sight,” by Jason Zweig, wsj.com, May 28, 2021.“The Funds That Make You Buy Low and Sell High,” by Jason Zweig, wsj.com, Aug. 30, 2019.Financial Advice“The Intelligent Investor: Saving Investors From Themselves,” by Jason Zweig, wsj.com, July 1, 2013.“The First Line of Investing Defense? You,” by Jason Zweig, wsj.com, March 8, 2019.“Looking for a Financial Planner? The Go-To Website Often Omits Red Flags,” by Jason Zweig and Andrea Fuller, wsj.com, July 30, 2019.“Financial Advisor Fee Trends and the Fee Compression Mirage,” by Michael Kitces, kitces.com, Feb. 8, 2021. “Want to Get Rich Quick? Who Can Stop You?” by Jason Zweig, wsj.com, May 7, 2021.The podcast and artwork embedded on this page are from Morningstar, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

Hey there! Bad news first, something happened with our old Instagram, so we had to make a completely new one, yay (laughs through the pain). So we decided to make a new one altogether, sometimes, you have to look at the brighter side even though it sucks. Anyway, support us there if you wanna: https://www.instagram.com/authenticchaos_90/ In this episode, we discuss happiness and productivity. We also give some tips on how to maintain your sanity in capitalism. . Gems mentioned in this episode: The Subtle Art of Not Giving a F*ck by Mark Manson Ikigai: The Japanese Secret to a Long and Happy Life by Francesc Miralles and Hector Garcia The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel Ted Talk on having multiple passions; "Why some of us don't have one true calling" | Emilie Wapnick: https://youtu.be/4sZdcB6bjI8 . Episode mentioned: HERE IS WHY YOU PROCRASTINATE! TIPS TO STOP PROCRASTINATING TODAY: https://anchor.fm/authenticchaos/episodes/HERE-IS-WHY-YOU-PROCRASTINATE--TIPS-TO-STOP-PROCRASTINATING-TODAY-epgdte Leave us a review: https://podcasts.apple.com/ca/podcast/authentic-chaos/id1506686377 Follow us on TikTok: https://vm.tiktok.com/ZMeUKC6Xc/ Instagram: https://www.instagram.com/authenticchaos_90/ Until the next episode cuties! That's all I wanna say, I am going now......... -Pinky

Our guest on the podcast this week is The Wall Street Journal columnist and author Jason Zweig. Jason became a personal finance columnist for The Wall Street Journal in 2008. His weekly column, “The Intelligent Investor,” is a must-read for people inside and outside of the investment industry. Jason is also the editor of the revised edition of Benjamin Graham's The Intelligent Investor. And he is the author of Your Money and Your Brain, which explores the neuroscience of investing. He also wrote the Devil's Financial Dictionary, which is a satirical glossary of Wall Street. BackgroundBioJason's twitter handle: @jasonzweigwsjYour Money and Your Brain: How the New Science of Neuroeconomics Can Help Make You Rich The Devil's Financial DictionaryIntelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel Life and Fate by Vasily GrossmanPalace Walk: The Cairo Trilogy by Naguib MahfouzThe Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan HouselMatt Levine, Bloomberg Opinion ColumnistJesse Livermore, Philosophical EconomicsNick Maggiulli, Ritholtz Wealth ManagementMichael Batnick, Ritholtz Wealth ManagementBen Carlson, Ritholtz Wealth ManagementJoe Weisenthal, BloombergTracy Alloway, BloombergRobin Wigglesworth, Financial TimesResearch Institute: Credit Suisse Global Investment Returns, Yearbook 2021 Summary Edition Georgarakos, D. & Pasini, G. 2011. “Trust, Sociability and Stock Market Participation,” Review of Finance, Vol. 15, No. 4, P. 693. Thinking, Fast and Slow by Daniel Kahneman“Investment Policy and the Competent Stranger,” speech by Charles D. Ellis, empireclub.org, April 7, 1988.Feynman, R.P. 1974.“Cargo Cult Science,” Engineering and Science.BogleheadsInvesting“Stock Market 101: Teaching the Wrong Lessons?” by Jason Zweig, Jasonzweig.com, May 8, 2015.“How to Keep Your Cool When Markets Are Sizzling,” by Jason Zweig, wsj.com, April 23, 2021.“Why You Shouldn't Buy Bitcoin When You're Hungry,” by Jason Zweig, wsj.com, May 21, 2021. “You Can't Invest Without Trading. You Can Trade Without Investing,” by Jason Zweig, wsj.com, June 18, 2021.“Robinhood Trader's Battle Cry: ‘It's All Just a Game to Me,' " by Jason Zweig, wsj.com, March 26, 2021. “Jason Hsu: China Is ‘the Last Great Remaining Alpha Reservoir,' " The Long View Podcast, morningstar.com, April 20, 2021.ETFs and Index Funds“The Stock Got Crushed. Then the ETFs Had to Sell,” by Jason Zweig, Jasonzweig.com, Jan. 31, 2020.“The Story Behind the Market's Hottest Funds,” by Jason Zweig, wsj.com, Jan. 15, 2021.“ETFs: What They Are and How They Can Fit Into Your Investment Portfolio,” by Jason Zweig, wsj.com, May 20, 2021.Retirement“Jason Zweig's Proposal to Scrap 401(k)s,” by John Rekanthaler, Morningstar.com, Feb. 26, 2019.“Wishful Thinking in a World Without Yield,” by Jason Zweig, wsj.com, June 18, 2021. “The Safe, High-Return Trade Hiding in Plain Sight,” by Jason Zweig, wsj.com, May 28, 2021.“The Funds That Make You Buy Low and Sell High,” by Jason Zweig, wsj.com, Aug. 30, 2019.Financial Advice“The Intelligent Investor: Saving Investors From Themselves,” by Jason Zweig, wsj.com, July 1, 2013.“The First Line of Investing Defense? You,” by Jason Zweig, wsj.com, March 8, 2019.“Looking for a Financial Planner? The Go-To Website Often Omits Red Flags,” by Jason Zweig and Andrea Fuller, wsj.com, July 30, 2019.“Financial Advisor Fee Trends and the Fee Compression Mirage,” by Michael Kitces, kitces.com, Feb. 8, 2021. “Want to Get Rich Quick? Who Can Stop You?” by Jason Zweig, wsj.com, May 7, 2021.

Renowned financial columnist, Morgan Housel talks with Chris about the psychology of money. They discuss the mindset of winning investors, new ways to think about risk, when to hold cash vs. invest, and how you can stop wanting more and focus on your own financial independence.Morgan Housel (@morganhousel) is a partner at Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He is also the author of the bestselling book The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness.Full show notes available here. Selected Links From The EpisodeConnect with Morgan: Twitter | Website | LinkedInMorgan's book: The Psychology of Money: Timeless Lessons on Wealth, Greed, and HappinessBenjamin Graham's Books: The Intelligent Investor | Security AnalysisEric Johnson's Book on Nazi Germany: What We Knew Full Show Notes01:22 What drove Morgan to write the book?03:58 How finance is taught vs. how it actually is in the real world.05:44 What is the highest form of wealth?07:18 The different levels of financial independence (it is a spectrum)10:28 Building up cash: save more or earn more12:30 Why don't people like saving money?13:36 Is there a way to stop yourself from wanting more (it's easier for a specific type of person)?17:20 Can you go too far with FIRE (pushing your friends away)?19:34 Why do people become irrational when it comes to money?22:16 Active vs. Passive Investing, can you do both?26:52 Why you don't actually know how much risk you can tolerate.32:34 Getting comfortable with being wrong and why you don't need to be right all the time36:25 Why you need to stick around and make a lot of bets38:51 Framework for thinking about financial decisions that went poorly39:30 You only know one version of history, but what about the others?41:26 What is the best way to learn from history?44:41 How school curriculums should change (less algebra and more probability).46:54 How can parents help their kids learn about investing?49:04 The most overlooked aspect of behavioral finance.50:47 The only financial hack you need Connect with All the HacksChris Hutchins: Twitter | Instagram | Facebook | LinkedInAll the Hacks: Newsletter  | Website | Facebook | Email

Victor Menasce is a real estate investor and developer, author, mentor, and engineering genius. His journey into the real estate industry came about out of his need for a change in routine after spending 25 years in the high-tech industry. He started his real estate journey locally in Canada before quickly moving into the US markets when he became aware of the prospects for additional investments and the opportunity to widen his network. Through many trials and errors, Victor has managed to establish himself as a highly sought-after real estate investor and developer with over 9 years' worth of experience.Before becoming a force to reckon with in the real estate industry, Victor spent 25 years of his professional life filling the roles of Vice President of Engineering at Wavesat, which is a developer of chips for wireless networks, and Chief Technical Officer at Applied Micro Circuits Corporation, a Silicon Valley-based public company that creates processors for use in many consumer products like televisions and gaming devices. As a serial entrepreneur, he had the role of founder and Chief Operating Officer at Somerset Technologies. Also, he held several senior roles in marketing and engineering with Tundra Semiconductor before moving on to start his career at Bell Northern Research and Nortel where he designed microchips that were utilized in the manipulation of the telephone network.Today as Victor enjoys his life as a real estate ‘big shot', he looks back at his engineering days with a smile on his face as he realizes that for approximately a decade, 54% of the phone calls in North America were routed by a microchip designed by him.Listen in as they discuss:Victor's unorthodox journey into the real estate industry and his incredible ability to secure quality investors for any business venture. Building a responsible financial relationship.Charting an admirable business track record.Seeking out compelling opportunities.Creating perfect alignment between your goals for the money and your goals for a project.Forming mutually beneficial business collaborations to give your business the boost you need that cannot be gained on your own.Stepping outside of your comfort zone for the good of your businessBeing very specific with your investment goals.Assessing your environment and business associations to see if they are adding to your business or taking away from it.Understanding that there is a thin line between seeking opportunities from your network and solely using them for the good of your business.And, more!Business is a team sport. ~Victor MenasceTIP OF THE WEEKMark: My tip of the week is, learn more how to raise magnetic capital, go to victorjm.com; start raising capital, start becoming a farmer and get the step-by-step way to do that, and start building confidence in raising capital because in our niche or in anything Real Estate you are eventually going to need other people's money. This is how we are going to scale in life. Raise other people's money, other people's time and that's how you scale.Scott: People have different relationships with money, sometimes money scares you like you can't talk about it. Some people are good at it, some are scared of it so check out this book The Psychology of Money: Timeless Lessons on Wealth, Greed and Happiness by Morgan Housel. If you want to learn more about money, build a relationship with it: it's not about being greedy, it's understanding that it's a tool.Victor: I'm the host of the Real Estate Espresso Podcast, like the Italian Coffee, it's literally your morning shot of what's new in the world of real estate investing. It's a daily show, 7 days a week and so we would love to have you as listeners. These are short-form podcasts so the weekday shows are literally just five minutes weekend shows involve interviews with notable people from the world of Real Estate Investing and so we'd love to have folks that are listeners on whatever your favorite podcast platform is to our platform —Real Estate Espresso Podcast.Isn't it time to create passive income so you can work where you want, when you want and with whomever you want?

Our guest this week is Patrick O’Shaughnessy. Patrick is the CEO of O’Shaughnessy Asset Management. He also is a portfolio manager at the firm. Prior to assuming his current role, Patrick served on O’Shaugnessy’s research and portfolio management teams. Patrick is the author of Millennial Money: How Young Investors Can Build a Fortune and was a contributing author to the fourth edition of What Works on Wall Street. Patrick is also the host of the popular Invest Like the Best podcast. He received his bachelor’s in philosophy from the University of Notre Dame and is a CFA charter holder.BackgroundBioO’Shaughnessy Asset ManagementCanvas Millennial Money: How Young Investors Can Build a FortuneWhat Works on Wall Street, Fourth Edition: The Classic Guide to the Best-Performing Investment Strategies of All TimeInvest Like the Best PodcastsESG“ESG the Right Way: Customization and Not Scale,” by Travis Fairchild, osam.com, October 2019.“Custom Indexing Leader Canvas Expands ESG/SRI Offering,” businesswire.com, March 9, 2021.“Investing in Environmental Protection,” by the OSAM Research Team, osam.com, April 2021.“Helping Financial Advisors Solve ESG Investing Challenges,” by Travis Fairchild, osam.com, March 2021.Factors and Custom Indexing “Combining the Best of Passive and Active Investing,” by Patrick O’Shaughnessy, advisorperspectives.com, March 6, 2013. “Alpha or Assets? Factor Alpha Vs. Smart Beta,” by Patrick O’Shaughnessy, osam.com, April 2016. “Combining the Best Stock Selection Factors by Patrick O’Shaughnessy at QuantCon 2016,” slideshare.net, April 14, 2016. “Factors From Scratch: A Look Back, and Forward, at How, When, and Why Factors Work,” by Chris Meredith, Jesse Livermore, and Patrick O’Shaughnessy, osam.com, May 2018."'Humans Love a Narrative. We Have Safeguarded Against That': Jim and Patrick O’Shaughnessy,” by Vicky Ge Huang, citywireusa.com, Dec. 6, 2018.“Introducing Canvas,” by Patrick O’Shaughnessy, osam.com, September 2019.“Custom Indexing: The Next Evolution of Index Investing,” by Patrick O’Shaughnessy, osam.com, December 2020.“O’Shaughnessy’s Quarterly Letter Q4 2019,” by Patrick O’Shaughnessy, osam.com, January 2020.Podcast and Reading “Chetan Puttagunta--Go Slow to Go Fast: Software Building and Investing,” Invest Like the Best With Patrick O’Shaughnessy, investlikethebest.com, Jan. 28, 2020.“Nick Kokonas—Know What You Are Selling,” Invest Like the Best With Patrick O’Shaughnessy, investlikethebest.com, Nov. 19, 2020.The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness, by Morgan HouselThe Razor’s Edge by Somerset Maugham

April 26, 2021, Season 3 Episode 16  "Enlightenment" - A Herold & Lantern Investments  Podcast featuring Mr. Keith Lanton, President. In this episode, Keith finishes up his thoughts on the Morgan Housel book  "The Psychology of Money -Timeless Lessons on Wealth, Greed, and Happiness."  Keith shares his personal favorite factor when managing money.Keith then talks about current happenings in the financial markets,  and stocks making news. Brad Harris, Director of Fixed Income, shares is views on the municipal bond market.We hope you enjoy the show and share it with colleagues and friends. Press interviews or market commentaries, please contact Keith or Sal Favarolo directly at 631-454-2000 to schedule a time.

The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness  

April 19, 2021, Season 3 Episode 15  "Enlightenment" - A Herold & Lantern Investments  Podcast featuring Mr. Keith Lanton, President. In this episode, Keith continues his thoughts on the Morgan Housel book  "The Psychology of Money -Timeless Lessons on Wealth, Greed, and Happiness."  Keith gives us insights into managing tail risk and why investors should pay close attention as it means life or death in the investing world.Keith then talks about current happenings in the financial markets,  and stocks making news.We hope you enjoy the show and share it with colleagues and friends. Press interviews or market commentaries, please contact Keith or Sal Favarolo directly at 631-454-2000 to schedule a time.

We are very excited to welcome Ted Seides to The Value Perspective podcast for this episode. You many know Ted as the host of the Capital Allocators podcast and the author of So You Want to Start a Hedge Fund and Capital Allocators: How the world's elite money managers lead and invest. Previous to starting podcasting, Ted began his career working on external public equity managers, internal fixed income portfolio management and in an alternative investment firm that invested in and seeded small hedge funds. In this episode, Ted sits down with Juan and Nick to discuss what Ted has learned through his podcast's 200+ episodes, a bet he made with Warren Buffet on hedge funds vs. S&P 500, and his views on analysing investment processes including probabilistic thinking, the importance of diversity and recognising biases. EPISODE MINUTES:    01:08 Introduction 02:10 Ted's background 05:49 What has Ted learned through his podcast? 07:30 Learning from other industries 10:52 A bet with Warren Buffet: good process, bad outcome 16:18 What was the rationale behind the bet? 18:58 Probabilistic thinking - can we take historical averages to help us make decisions? 22:33 Do the best capital allocators factor in 'pot stakes' into their process? 25:47 What's the importance of diversification?  28:51 Is there a value-add to meeting managers, capitol allocators, etc. face-to-face? 31:48 Why is confirmation bias the prevalent bias? Is it the riskiest? 37:17 Cognitive diversity: how to develop this in your team? 41:01 How does the origin of capital affect investment decisions? 45:10 Has 2020 changed the way institutional investors think of absolute and relative returns? 48:18 Is ESG making a significant impact? 50:24 A decision where the outcome was unwanted due to bad process. Book recommendations: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel So You Want to Start a Hedge Fund and Capital Allocators: How the world's elite money managers lead and invest by Ted Seides NEW EPISODES: You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts and other podcast players. GET IN TOUCH: send us a tweet: @TheValueTeam  Important information. This podcast is for investment professionals only. This information is not an offer, solicitation or recommendation to buy or sell any financial instrument or to adopt any investment strategy. Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider's consent. Neither we, nor the data provider, will have any liability in connection with the third party data. Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. Any references to securities, sectors, regions and/or countries are for illustrative purposes only. The views and opinions contained herein are those of individual to whom they are attributed, and may not necessarily represent views expressed or reflected in other communications, strategies or funds. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. Exchange rate changes may cause the value of any overseas investments to rise or fall. Past Performance is not a guide to future performance and may not be repeated. The forecasts included should not be relied upon, are not guaranteed and are provided only as at the date of issue. Our forecasts are based on our own assumptions which may change.

April 12, 2021, Season 3 Episode 14  "Enlightenment" - A Herold & Lantern Investments  Podcast featuring Mr. Keith Lanton, President. In this episode, Keith continues his thoughts on the Morgan Housel book  "The Psychology of Money -Timeless Lessons on Wealth, Greed, and Happiness." The main premise of the book is that doing well with money has little to do with how smart you are  and has a lot to do with how you behave.  Listen as Keith applies Napoleon's words and thoughts to the world of investing. Keith then talks about current happenings in the financial markets,  stocks making news and then Brad Harris join Keith to give us an update on the municipal bond market.We hope you enjoy the show and share it with colleagues and friends. Press interviews or market commentaries, please contact Keith or Sal Favarolo directly at 631-454-2000 to schedule a time.

April 5, 2021, Season 3 Episode 13  "Enlightenment" - A Herold & Lantern Investments  Podcast featuring Mr. Keith Lanton, President. In this episode, Keith enlightens us on a book he is reading by Morgan Housel entitled "The Psychology of Money -Timeless Lessons on Wealth, Greed, and Happiness." The main premise of the book is that doing well with money has little to do with how smart you are  and has a lot to do with how you behave. Keith gives examples in history and why the title of this podcast, a quote by Voltaire, he believes this to be true.Keith then talks about current happenings in the financial markets,  stocks making news and then Brad Harris join Keith to give us an update on the municipal bond market.We hope you enjoy the show and share it with colleagues and friends. Press interviews or market commentaries, please contact Keith or Sal Favarolo directly at 631-454-2000 to schedule a time.

In today's episode, I'm interviewing my friend Terri Huggins. Terri is a freelance journalist, blogger, dance fitness instructor, and is a self-proclaimed queen of expression who's convinced life becomes terrific once you say it is. She shares her story on how affirmations with an action plan can actually change your life. We also talk about imposter syndrome which is something we all deal with, motherhood in the pandemic, and why she slowed down her debt repayment for her mental health. “These inspirational quotes and motivational things, they're supposed to light the fire. They are not the fire. You are the fire and you have to do something with it.” - Terri Huggins   Timestamps 2:41 - The story behind Terri's favorite quote and how it lead her to what she is today 08:16 - Struggles of a mom and a freelancer during the pandemic and how Terri is dealing with it 13:51 - Why and how Terri slowed down on the process of paying off her debt 19:25 - On Terri's ebook Actionable Quotes and how it can help you with your mental health and wealth 25:57 - Quotes and affirmations that can help during a bad mental health day 32:45 - On imposter syndrome, how Terri was affected by it and how to combat it 40:44 - Terri's personal finance goals, how she's spending her money and pays her student loan 46:40 - The ‘luck' aspect in every success stories and why it's important to include it in personal finance stories 50:40 - The one quote that Terri lives by daily Resources and People Mentioned Actionable Quotes: Your Favorite Quotes Don't Work Unless You Do by Terri Huggins Marie Forleo Ken Honda (of Happy Money) Interview The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel Connect with Terri terrificwords.com Twitter Instagram Connect with Melanie mentalhealthandwealth.com melanielockert.com Instagram Contact: mentalhealthandwealthshow@gmail.com   Want more content and support?  Sign up for the Mental Hump Newsletter and get our free Mental Health and Money inventory worksheet. You can sign up at MentalHealthandWealth.com.  Also, we host a Mental Health and Wealth Hangout every other Thursday over Zoom at 5 pm PT to chat about all things money and mental health. Join here!   If you'd like to support the podcast, you can do so here: https://ko-fi.com/melanielockert

Morgan Housel is a partner at The Collaborative Fund, a venture capital firm focused on providing seed and early-stage funding to technology companies, and a former columnist at The Motley Fool and The Wall Street Journal. He is the author of the new book, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. Investors should be writing out their ideas more frequently. When you're writing, ideas that may have seemed logical and fantastical in your mind may actually turn out to be disjointed and nonsensical. Only through the logic-inducing process of writing can investors make more sound financial decisions. There is also no one-size-fits-all description of a successful investor. However, two principles govern their potential for success: patience and the ability to put up with uncertainty. In finance, soft skills like these often get swept under the rug because they're immediately measurable in charts or returns. ————————————————————————— To learn more about this episode, including podcast transcripts and show notes, visit *salt.org/talks* ( http://salt.org/talks ) Moderated by Anthony Scaramucci.

Professor Aswath Damodaran joins us for this episode on The Value Perspective. The author of a dozen books and considered the preeminent Valuation Guru by many, Aswath is a professor at the NYU's Stern School of Business teaching corporate finance and valuation. Juan and Aswath discuss valuation's impact on historical events, how valuation is one of the most powerful tools in investment and how to keep a level head in the face of inflated valuations.  EPISODE MINUTES:  01:11 Intro: who is Aswath? 08:43 Is there a check list that analysts can use to sound check a valuation?  11:59 Valuation's biggest enemy is the human; recognising preconceptions and bias 15:15 The role of a devil's advocate when discussing valuation 17:23 What is 'good' data management when it comes to valuing a business?  23:05 Finding risks in the footnotes 25:58 There are still resistors to valuation - are we doomed to repeat history?  30:51 The power of words and company description in valuation 37:18 How do you think about valuations in the context of value investing?  43:07 Monte Carlo simulations - yea or nay?  44:46 A time when bad process produced an unwanted outcome 49:27 Book recommendation: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel and The Success Equation: Untangling Skill and Luck in Business, Sports and Investing by Michael Mauboussin NEW EPISODES: You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts and other podcast players. GET IN TOUCH: send us a tweet: @TheValueTeam  Important information. This podcast is for investment professionals only. This information is not an offer, solicitation or recommendation to buy or sell any financial instrument or to adopt any investment strategy. Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider's consent. Neither we, nor the data provider, will have any liability in connection with the third party data. Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. Any references to securities, sectors, regions and/or countries are for illustrative purposes only. The views and opinions contained herein are those of individual to whom they are attributed, and may not necessarily represent views expressed or reflected in other communications, strategies or funds. The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. Exchange rate changes may cause the value of any overseas investments to rise or fall. Past Performance is not a guide to future performance and may not be repeated. The forecasts included should not be relied upon, are not guaranteed and are provided only as at the date of issue. Our forecasts are based on our own assumptions which may change.  

On this week's episode, Skye & Amanda are joined by Dunni and Taleah, the hosts of Beauty Needs Me, a podcast centered around a holistic 360 view on beauty that includes the mind, body and soul. Dunni and Taleah open up about their experience working together on the podcast and what they've learned about themselves and each other through the process. Long Story Short wouldn't be complete without some book talk. Listen in to learn about what type of reader each of the guests are, what books have changed their lives, everyone's love for audiobooks and find out who needs some convincing around joining a book club. The four touch on the topic of beauty as it pertains to book to screen adaptations. Hear the ladies varying thoughts around when and how Hollywood should be held accountable for casting actors as they are described in books. Books mentioned in this week's episode are linked to our Bookshop.org shop* Attached : The New Science of Adult Attachment and How It Can Help You Find - and Keep - Love by Amir Levine M.D., and Rachel S.F. Heller, MA Caste: The Origins of our Discontents by Isabel Wilkerson  A Promised Land by Barack ObamaThe Meaning of Mariah Carey by Mariah CareyThe Psychology of Money: Timeless Lessons on Wealth, Greed and Happiness by Morgan HouselThe Four Agreements: A Practical Guide to Personal Freedom by Don Miguel RuizNice Girls Don't Get the Corner Office by Lois FrankelThe Conversation by Hill HarperThe Children of Blood and Bone by Tomi AdeyemiHomegoing by Yaa Gyasi Big Magic by Elizabeth GilbertKindred by Octavia ButlerCheck out Beauty Needs Me on Instagram @beautyneedsme. You can also keep up with Dunni and Taleah at @theedunnio and @taleahgriffin.Support Long Story Short and Local Bookstores: Libro.FM - get two audiobooks for the price of one when you use the code LSSPODCAST when signing up for your first month of membership. Long Story Short Audience Survey: To make Long Story Short the best podcast it can be, we would love to learn more about you, our loyal listeners. Please help us by taking this brief survey.Follow us online:Instagram: @LongStoryShortPodTwitter: @LSSpodcastFacebook: @LongStoryShortPodEmail: info.longstoryshortpod@gmail.com*Purchasing books through Bookshop.org earns Long Story Short a small commission.

This week I spoke to Morgan Housel. Morgan is a partner at the Collaborative Fund – a firm responsible for over $300 million - a former columnist at The Motley Fool and The Wall Street Journal, and, crucially for today's interview, the award-winning author of ‘The Psychology of Money: Timeless lessons on wealth, greed, and happiness'. Morgan's insight into how the human mind thinks about this well-trodden topic are truly unique, as he busts some well-established myths, by telling the stories of investing and business greats including:  Warren Buffett, Bill Gates, Jesse Livermore & many more that you've probably never heard of. Enjoy the episode!Morgan's book is available on Amazon - just hit the link to order your copy: https://www.amazon.co.uk/Psychology-Money-Timeless-lessons-happiness/dp/0857197681 Want further Opto insights? Check out our daily newsletter: https://www.cmcmarkets.com/en-gb/opto/newsletter

Poker champion Annie Duke shares tools to improve your decision-making process and your ability to predict the future. — YOU'LL LEARN — 1) Why your decisions still matter, even when you don't call the shots 2) The shift in language that leads to more open conversations 3) How a pros and cons list tricks us into making worse decisions Subscribe or visit AwesomeAtYourJob.com/ep614 for clickable versions of the links below. — ABOUT ANNIE — Annie Duke is an author, corporate speaker, and consultant in the decision-making space. Annie's latest book, How to Decide: Simple Tools for Making Better Choices, is available on October 15, 2020 from Portfolio, a Penguin Random House imprint. Her previous book, Thinking in Bets, is a national bestseller. As a former professional poker player, Annie won more than $4 million in tournament poker before retiring from the game in 2012. Prior to becoming a professional player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. Annie is the co-founder of The Alliance for Decision Education, a non-profit whose mission is to improve lives by empowering students through decision skills education. She is also a member of the National Board of After-School All-Stars and the Board of Directors of the Franklin Institute. In 2020, she joined the board of the Renew Democracy Initiative. • Annie's book: How to Decide: Simple Tools for Making Better Choices — RESOURCES MENTIONED IN THE SHOW — • Book: The Power of Positive Thinking by Norman Vincent Peale • Book: The Secret by Rhonda Byrne • Book: The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and Win by Maria Konnikova • Book: The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel • Book: Noise by Daniel Kahneman, Oliver Sibony, Cass Sunstein • Book: Thinking, Fast and Slow by Daniel Kahneman • Previous Episode: 281: Making Better Decisions by Thinking in Bets with Annie Duke • Software: Waze — THANK YOU SPONSORS! — • Pitney Bowes. Simplify your shipping while saving money. Get a free 30-day trial and 10-lb shipping scale at pb.com/AWESOME. • Rise.com. Build your team's learning library–the fast and fun way–with Rise.com/awesome See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On today's show, venture capitalist and finance writer, Morgan Housel joins me to talk about his new book, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness.We talk about the role that emotions like greed and fear play in investing. Morgan explains why people with no formal finance training can have excellent investment records. Why 90% of investing comes down to mastering three things: living below your means, investing for the long-term, and expecting volatility. We discuss the difference between being rich and being wealthy, and what the ultimate purpose of wealth is. Morgan also shares his secret for pulling out lessons from history to make better decisions today. This one is packed full of stories and knowledge.IN THIS EPISODE, YOU'LL LEARN:Why personal finance is more personal than it is financeWhy people with no formal finance training can have excellent investment records.How our emotions like greed and fear impact our investment returnsWhy 90% of investing comes down to mastering three things: living below your means, investing for the long-term and expecting volatilityWhy it's more important to be reasonable with your finance decisions than to be rationalHow our personal experience shapes our approach to investingThe difference between being rich and being wealthyWhy buying nice stuff is by and large a social signalHow wealth creates options, and options create happinessBOOKS AND RESOURCESThe Psychology of Money by Morgan HouselThe Collaborative FundGet the most competitive rate if you're looking to get a mortgage or refinance in Canada with Breezeful. Plus, get a $100 Amazon.ca gift card at your closing.Capital One. This is Banking Reimagined. What's in your wallet?Browse through all our episodes (complete with transcripts) here.Support our free podcast by supporting our sponsors.CONNECT WITH MORGAN HOUSELTwitter: @morganhouselGET IN TOUCH WITH SEAN MURRAYSean's Twitter AccountSean's LinkedIn AccountEmail: Sean@TheInvestorsPodcast.comWebsite: RealTime Performance, Inc.Weekly Newsletter: RealTime Performance NewsletterHELP US OUT!Help us reach new listeners by leaving us a rating and review! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

My guest today is Morgan Housel, the author of The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. Housel is a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal.In his book, Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better financial decisions. In this episode, you'll learn what money can and can't buy, the difference between being rich and being wealthy, how 50% of your investments can go wrong but you can still make a fortune, what to do to become a better investor, and more helpful advice. TIMESTAMPS:[00:54] How people view money differently & why you shouldn't buy lotto tickets[04:36] How money buys you freedom & some happiness[08:07] Things money can't buy you [11:13] Looking rich versus being rich[13:37] The importance of savings rate to becoming wealthy[16:12] How 50% of your investment can fail & you can still make a fortune[20:15] Warren Buffett & the power of the compound effect[23:09] Why you need to increase your time horizon to become a better investor[25:23] Volatility is the fee you pay the stock market for great returns[27:21] Bernie Madoff & how to prevent yourself from getting greedy[30:02] The role of luck & risk in investing[34:08] When you should & shouldn't take investment advice[36:28] Investment advice for listeners[40:11] Possible explanations for why the stock market keeps going up[43:03] Morgan's personal investment strategy[45:07] Books that had a huge influence on Morgan & how they changed himLearn more about the author:Twitter: @morganhousel***If you enjoy this podcast, please subscribe & leave a positive review.Connect with Alex & Books:Twitter: @alexandbooks_Instagram: @alexandbooks_YouTube: Alex and Books