Moonshots - Adventures In Innovation

Join hosts Mike and Mark on a captivating journey through the financial insights of Morgan Housel in this episode of the Moonshots Podcast. The episode, titled “The Psychology of Money,” delves into the intricate relationship between our behaviors and financial success.But from Amazon: https://geni.us/4pzw7MyINTROThe episode begins with Morgan Housel discussing the pivotal qualities that distinguish a proficient investor. He emphasizes that behavior outweighs intelligence in the realm of investing, setting the stage for a deeper exploration into our psychological relationship with money.RETHINKING MONEYThe conversation takes a turn as a Swedish investor, inspired by Warren Buffett, illustrates the necessity of altering our perceptions about wealth. The segment, “Never Enough,” challenges listeners to reconsider their financial desires and the true purpose of accumulating wealth.ESSENTIAL RULESMorgan then shares his personal approach to financial planning, which revolves around having flexible guidelines rathe