Morgan Housel

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About Morgan Housel
Morgan Housel is a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal.
He 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. He lives in Seattle with his wife and two kids.
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Blog postWill Smith writes in his biography that:
Becoming famous is amazing.
Being famous is a mixed bag.
Losing fame is miserable.
The amount of fame almost doesn’t matter. It’s the trajectory that people cling to.
Same with money. I think for a lot of people the process of becoming wealthier feels better than having wealth.
If it’s wealth we were after, most of us would feel great, because most of us are unfathomably wealthier than we were a generatio3 days ago Read more -
Blog postMaverick is back and given the Top Gun sequel has raked in more than $800 million to date, it is already the biggest blockbuster of Tom Cruise’s career. A lot has changed since the original nearly four decades ago, but the secret to its success lies in what hasn’t changed — its “playbook.”
When one of the movie’s producers recently described how his team approached the script, he highlighted a conversation he had with Cruise shortly before the project started. The message was clear. C1 week ago Read more -
Blog postA quick story about athletes and investors.
A big difference between professional and amateur athletes is the intensity of training. The intuition of amateur athletes is to push as hard as they can, testing the limits of their potential, maximizing what they’re capable of, grind until you’re broken, no pain no gain.
The training schedules of professional athletes – once a good coach enters the picture – tends to be calmer.
A group of researchers recently looked at the2 weeks ago Read more -
Blog postEvery good idea and every admirable trait can be taken too far.
A few big ones where balance is everything:
Confidence without arrogance.
Optimism without complacency.
Independence without isolation.
Skepticism without cynicism.
Respect without idolizing.
Loyalty without fealty.
Open-minded without gullibility.
Opportunistic without FOMO.
Patience without stubbornness.
Caution without pessimism.
Ri2 weeks ago Read more -
Blog postFresh off the heels of announcing the Shared Future Fund, we are excited to share its first batch of investments and partnerships.
As a refresher, the goal of Shared Future Fund is to provide catalytic funding and useful resources to early-stage entrepreneurs working to solve the global climate crisis.
Towards that end, we’ve decided to work with a few partners that foster the type of innovation and breakthrough we look to support. First, we teamed up with Y Combinator to offe2 weeks ago Read more -
Blog postThe transportation sector is the fourth-largest global contributor of greenhouse gas (GHG) emissions, following Energy, Industry, and Agriculture.
In the U.S., Transportation is the largest direct source of GHG emissions, representing 29% of total.
This is why decarbonizing transportation must be a priority.
Electric vehicles (EVs) are a viable solution to reduce CO2 emissions from passenger cars. But for long-haul transportation – which includes medium and heavy-duty3 weeks ago Read more -
Blog postI want to try to explain part of why the world seems so crazy these days.
Evelyn Marie Adams won $3.9 million in the New Jersey lottery in 1986. Four months later she won again, collecting another $1.4 million.
'‘I’m going to quit playing,’’ she told the New York Times. ‘‘I’m going to give everyone else a chance.’’
It was a big story at the time, because number-crunchers put the odds of her double win at a staggering 1 in 17 trillion.
Three years later two math3 weeks ago Read more -
Blog postThere are three important facts about bullshit: It’s everywhere, it’s influential, and it’s dangerous.
The amount of publicly accessible information today would have seemed unfathomable 10 or 20 years ago. What used to be hidden is now free and abundant, from financial information to global news to insight into how millions of people live on social media. But are we actually better informed? Are we making decisions? Less susceptible to bad ones? Sometimes yes. But often the answer is1 month ago Read more -
Blog postThe night before the D-Day invasion, a nervous Franklin Roosevelt asked his wife Eleanor how she felt about not knowing what would happen next.
“To be nearly sixty years old and still rebel at uncertainty is ridiculous isn’t it?” she said.
It is. But my God, we do. And in strange ways.
As we sit here today – the highest inflation in 40 years, rising interest rates, plenty of tech stocks down 50%+, a war in Ukraine, supply chains broken, a lingering pandemic, China on l1 month ago Read more -
Blog postToday we are excited to introduce Shared Future, a source of rapid, catalytic capital for entrepreneurs working on climate change solutions.
Shared Future will provide $100,000 to new companies with the potential to massively change the trajectory of our increasingly fragile environment.
Over the course of 2022, we are aiming to support and invest in 100 companies.
Inspired by Fast Grants, we’ve attempted to remove friction from the process of funding ambitious solutio1 month ago Read more
Titles By Morgan Housel
$9.99
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.
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.
Cómo piensan los ricos: 18 claves imperecederas sobre riqueza y felicidad (No Ficción) (Spanish Edition)
Sep 1, 2021
$8.99
En cuestiones de dinero, lo que importa no es lo listo que seas sino cómo te comportas. Tendemos a pensar en la inversión o la gestión de las finanzas personales como una disciplina matemática, en la que los datos y las fórmulas nos dicen exactamente qué hacer. Sin embargo, el rasgo que define a las personas que logran enriquecerse no es su destreza con los números, ni su salario o su talento, sino su historia personal, sus motivaciones y su visión única del mundo.
Un genio que pierde el control de sus emociones puede ser un desastre financiero. Y lo mismo vale en caso contrario: gente de a pie sin formación en finanzas puede enriquecerse si cuenta con unos cuantos patrones de comportamiento. Esto, impensable en otras disciplinas como la arquitectura o la medicina, es fundamental en el campo de las finanzas.
Este libro, llamado a convertirse en un clásico de las finanzas personales, nos provee del conocimiento esencial para entender la psicología del dinero y nos invita a hacernos una pregunta fundamental que raramente nos hacemos, cuál es nuestra relación con el dinero y qué queremos realmente de él.
A partir de 18 claves imperecederas, Morgan Housel nos enseña cómo funciona la psicología del dinero y cuáles son los hábitos y conductas que nos ayudarán no solo a generar riqueza, sino, más importante aún, a conservarla.
«Un libro imprescindible para cualquiera que quiera tomar decisiones más inteligentes y vivir una vida más rica.» Daniel Pink, autor de La sorprendente verdad sobre qué nos motiva
«Ideas fascinantes y consejos prácticos. Cualquiera que quiera hacerse rico debería tener una copia de este libro.» James Clear, autor de Hábitos atómicos
«Uno de los mejores y más originales libros de finanzas de los últimos años.» Jason Zweig, Wall Street Journal
«Housel es de esos escritores capaces de hacer digeribles conceptos financieros de lo más complejos. Este es un libro que se devora de principio a fin y que no solo nos explica por qué tomamos malas decisiones con respecto al dinero, sino que nos ayudará a tomar mejores.» Annie Duke, autora de Thinking in Bets
La riqueza no es fruto de nuestra inteligencia, talento o trabajo.
Es fruto de nuestro comportamiento.
Un genio que pierde el control de sus emociones puede ser un desastre financiero. Y lo mismo vale en caso contrario: gente de a pie sin formación en finanzas puede enriquecerse si cuenta con unos cuantos patrones de comportamiento. Esto, impensable en otras disciplinas como la arquitectura o la medicina, es fundamental en el campo de las finanzas.
Este libro, llamado a convertirse en un clásico de las finanzas personales, nos provee del conocimiento esencial para entender la psicología del dinero y nos invita a hacernos una pregunta fundamental que raramente nos hacemos, cuál es nuestra relación con el dinero y qué queremos realmente de él.
A partir de 18 claves imperecederas, Morgan Housel nos enseña cómo funciona la psicología del dinero y cuáles son los hábitos y conductas que nos ayudarán no solo a generar riqueza, sino, más importante aún, a conservarla.
«Un libro imprescindible para cualquiera que quiera tomar decisiones más inteligentes y vivir una vida más rica.» Daniel Pink, autor de La sorprendente verdad sobre qué nos motiva
«Ideas fascinantes y consejos prácticos. Cualquiera que quiera hacerse rico debería tener una copia de este libro.» James Clear, autor de Hábitos atómicos
«Uno de los mejores y más originales libros de finanzas de los últimos años.» Jason Zweig, Wall Street Journal
«Housel es de esos escritores capaces de hacer digeribles conceptos financieros de lo más complejos. Este es un libro que se devora de principio a fin y que no solo nos explica por qué tomamos malas decisiones con respecto al dinero, sino que nos ayudará a tomar mejores.» Annie Duke, autora de Thinking in Bets
La riqueza no es fruto de nuestra inteligencia, talento o trabajo.
Es fruto de nuestro comportamiento.
Other Formats:
Paperback
La psicologia dei soldi: Lezioni senza tempo sulla ricchezza, l'avidità e la felicità (Italian Edition)
May 19, 2021
$18.99
Saperci fare con i soldi non dipende soltanto dalle informazioni a nostra disposizione ma anche, e soprattutto, da come ci comportiamo. E il comportamento è difficile da insegnare, anche alle persone più intelligenti.
Spesso pensiamo al denaro – agli investimenti, alla finanza personale, alle decisioni d’affari – come a una questione matematica: un campo di studi in cui i dati e le formule ci dicono esattamente cosa dobbiamo fare. Nel mondo reale, però, non prendiamo le decisioni in materia economica consultando un foglio di calcolo. Le prendiamo la sera a cena o in una sala riunioni, dove si mescolano la storia personale, la visione del mondo propria di ciascuno, l’ego, l’orgoglio, il marketing... e i motivi più imprevedibili.
In questo libro, l’autore pluripremiato Morgan Housel condivide 19 brevi narrazioni sugli strani modi in cui pensiamo ai soldi, aiutandoci a comprendere meglio uno degli argomenti più importanti nella vita di tutti e spiegando, nel contempo, come risparmiare, investire e far fruttare i nostri risparmi.
Spesso pensiamo al denaro – agli investimenti, alla finanza personale, alle decisioni d’affari – come a una questione matematica: un campo di studi in cui i dati e le formule ci dicono esattamente cosa dobbiamo fare. Nel mondo reale, però, non prendiamo le decisioni in materia economica consultando un foglio di calcolo. Le prendiamo la sera a cena o in una sala riunioni, dove si mescolano la storia personale, la visione del mondo propria di ciascuno, l’ego, l’orgoglio, il marketing... e i motivi più imprevedibili.
In questo libro, l’autore pluripremiato Morgan Housel condivide 19 brevi narrazioni sugli strani modi in cui pensiamo ai soldi, aiutandoci a comprendere meglio uno degli argomenti più importanti nella vita di tutti e spiegando, nel contempo, come risparmiare, investire e far fruttare i nostri risparmi.
Other Formats:
Paperback
Über die Psychologie des Geldes: Zeitlose Lektionen über Reichtum, Gier und Glück (German Edition)
Mar 21, 2021
$15.99
»Geld hat viel mehr mit Psychologie zu tun als mit Finanzen.«
Wenn es um Geld geht, glauben wir, dass wir bestimmte Fakten, Regeln und Gesetzmäßigkeiten kennen müssen. Wir gehen davon aus, die Welt der Finanzen sei die Welt der Mathematik, in der Daten und Formeln einem exakt sagen, wie man sich verhalten soll – und die Menschen würden sich dann danach richten. Dabei ist das Gegenteil der Fall: In der realen Welt treffen Menschen ihre finanziellen Entscheidungen nicht aufgrund einer Tabellenkalkulation. Sie treffen sie beim Abendessen oder während eines Meetings, wo die persönliche Geschichte, der individuelle Blick auf die Welt, das eigene Ego und weitere krude Einflüsse zusammentreffen. Es geht also in erster Linie um Psychologie, um Emotionen und Grauzonen.
Anhand von 20 Kurzgeschichten vermittelt der preisgekrönte Autor Morgan Housel anschaulich, dass bei Geldthemen nicht entscheidend ist, über wie viel theoretisches Wissen jemand verfügt, sondern wie er sich in einer Stresssituation verhält.
»Eines der besten und originellsten Finanzbücher seit Jahren.«
Jason Zweig, The Wall Street Journal
»Morgan Housel ist einer der hellsten neuen Sterne am Finanzhimmel. Er ist für jeden zugänglich, der mehr über die Psychologie des Geldes erfahren möchte. Ich kann dieses Buch uneingeschränkt empfehlen.«
James P. O'Shaughnessy, Autor von Die besten Anlagestrategien aller Zeiten
Wenn es um Geld geht, glauben wir, dass wir bestimmte Fakten, Regeln und Gesetzmäßigkeiten kennen müssen. Wir gehen davon aus, die Welt der Finanzen sei die Welt der Mathematik, in der Daten und Formeln einem exakt sagen, wie man sich verhalten soll – und die Menschen würden sich dann danach richten. Dabei ist das Gegenteil der Fall: In der realen Welt treffen Menschen ihre finanziellen Entscheidungen nicht aufgrund einer Tabellenkalkulation. Sie treffen sie beim Abendessen oder während eines Meetings, wo die persönliche Geschichte, der individuelle Blick auf die Welt, das eigene Ego und weitere krude Einflüsse zusammentreffen. Es geht also in erster Linie um Psychologie, um Emotionen und Grauzonen.
Anhand von 20 Kurzgeschichten vermittelt der preisgekrönte Autor Morgan Housel anschaulich, dass bei Geldthemen nicht entscheidend ist, über wie viel theoretisches Wissen jemand verfügt, sondern wie er sich in einer Stresssituation verhält.
»Eines der besten und originellsten Finanzbücher seit Jahren.«
Jason Zweig, The Wall Street Journal
»Morgan Housel ist einer der hellsten neuen Sterne am Finanzhimmel. Er ist für jeden zugänglich, der mehr über die Psychologie des Geldes erfahren möchte. Ich kann dieses Buch uneingeschränkt empfehlen.«
James P. O'Shaughnessy, Autor von Die besten Anlagestrategien aller Zeiten