The Morgan Housel Podcast

Plus, a great documentary I'd recommend.

Plus, a new name for this podcast: The Psychology of Money.

Plus, thoughts on earning passive wealth.

Plus, comparing the cost of things you love.

Plus, thoughts on the scarcity mindset with money.

The luckier you are the nicer you should be, plus three questions from you.

This podcast is going through some changes. As part of the new format, I'll be answering your questions on future episodes. Have a question? Send it to pod@longtermwords.com.

Generational progress, wealth, and spoiled kids.

We're back! A list a few big things I've been thinking about lately.

This is a full-chapter preview of my new book, The Art of Spending Money, out today. Click here to buy the book.

We became aware of each other at the same time we grew apart financially, and the psychology of when news went from local to national to global.

From the archives: one of my favorite topics -- the importance of playing your own game. Thanks to my friends at Public.com All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cas...

Pre-order my new book The Art of Spending Money here . *** Thanks to my friends at Public.com All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from thi...

Thanks to my friends at Public.com All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks wh...

Thanks to my friends at Public.com and their podcast The Rundown -- ⁠click here for more.⁠

Thanks to my friends at Public.com and their podcast The Rundown -- click here for more.

Thanks to my friends at  ⁠⁠Ramp⁠⁠  -- the best expense accounting system I've seen. For more check out  ⁠⁠ramp.com/morgan.

Thanks to my friends at  ⁠Ramp⁠  -- the best expense accounting system I've seen. For more check out  ⁠ramp.com/morgan.

Thanks to my friends at  Ramp  -- the best expense accounting system I've seen. For more check out  ramp.com/morgan.

Thanks to my friends at Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.

Thanks to my friends at Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.

Thanks to my friends at Eight Sleep. Check out eightsleep.com/morganhousel for more.

The most impactful idea to me personally in my book: My theory is that most investment models maximize for risk-adjusted returns, but in the real world every investor wants to maximize for sleeping well at night and being proud of themselves in a complicated world. Thanks to my friends at Eight Sleep. Check out eightsleep.com/morganhousel for more.

One of my favorite psychology studies showed that if you know a reward is coming, but you don't know exactly when, you are susceptible to losing your mind. Isn't it so similar in investing?  Thanks to my friends at Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.

I heard a phrase recently: “Magazine architect.” It’s a derisive term architects use for their colleagues who design buildings that look beautiful, grace magazine covers, and win awards, but lack functionality for the tenants. The same is so true for financial professionals. If you are looking for practical advice, beware hiring an artist whose goal is to be praised should be, too. Thanks to my fr...