Episode · Modern Wisdom · 2020-09-21
Books mentioned on How To Become Wealthy, Stay Wealthy & Be Happy - Morgan Housel - #222
Morgan Housel is a writer and investor. It doesn't matter if you earn £10m a year, if you spend £11m then you're not creating any wealth.
Chris Williamson recommended Rich Dad, Poor Dad by Robert T. Kiyosaki and others, and discussed The Psychology of Money by Morgan Housel. Morgan Housel discussed Mirror Thinking by Fiona Murden and The Premonition by Michael Lewis.
Books mentioned, in the order they came up
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Rich Dad, Poor Dad
Rich Dad, Poor Dad by Robert T.
Recommended“man this book is phenomenal and everyone that is listening if you want it's the rich dad poor dad of 2020”
Where to get it
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The Psychology of Money
The Psychology of Money by Morgan Housel is a popular finance and self-help book that explores how behavior and emotions drive financial decisions rather than purely mathematical formulas.
Discussed“so it's called the psychology of money why should we be bothered at all about the psychology of money”
Where to get it
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Mirror Thinking
Mirror Thinking by Fiona Murden is a psychological exploration of the human mirror neuron system and how external behaviors and environments become imprinted upon individuals.
Discussed“and i had a psychologist on the show very recently called fiona murden who wrote a book called mirror thinking about the mirror neuron”
Where to get it
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The Premonition
The Premonition by Michael Lewis is a non-fiction narrative that investigates the public health system and the government officials who attempted to warn leadership about the impending COVID-19 pandemic.
Discussed“and he the returns that he made was in the billions so they're calling it the new big short which obviously the movie made about”
Where to get it
Other mentions in this episode (5) — ad reads, self-promotion and passing references, never counted
“so before we get started you got a new book out psychology of money”
“man this book is phenomenal and everyone that is listening if you want it's the rich dad poor dad of 2020 um with with a better looking author”
“you had two thousand books written about him which you you drop in the book which is like ridiculous What can we learn from his wealth”
“who said anyone who's gone and paid 20 grand for an mba doesn't need to just read my book”
“so they're calling it the new big short which obviously the movie made about but the difference is that ackman's short took six weeks”