Morgan Housel is a Partner at the Collaborative Fund, financial writer, and New York Times Best Selling author of, “The Psychology of Money.”

He’s an avid student of markets and psychology. And Morgan articulately blends these two perspectives (and all of the many crypto parallels) together to give us timeless lessons on wealth, greed, happiness, and how to invest.

This is another classic Bankless fundamentals episode that you won’t want to miss.

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Topics Covered

0:00 Intro
4:49 Morgan’s Background
6:25 Crypto Investing Isn’t Unique
8:31 Psychology of Investing
15:22 Toxic Relationship with Money
22:14 Is it Bad to Talk About Money?
24:34 Nothing is Free in Crypto
34:05 How to Adapt to Volatility
39:45 No One is Crazy
45:52 Luck vs. Risk
51:38 Have Enough
55:25 Freedom
1:00:34 Compounding
1:04:24 Getting vs. Staying Wealthy
1:08:50 Reasonable vs. Rationale
1:13:28 People Change
1:15:33 Pessimism
1:19:33 Closing & Disclaimers

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Resources:

Morgan Housel on Twitter
https://twitter.com/morganhousel

The Psychology of Money: Timeless lessons on wealth, greed, and happiness
https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681/

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

137 - The Psychology of Crypto with Morgan Housel

Bankless