This week on Standard Deviations with Dr. Daniel Crosby, Dr. Crosby is joined once again by Morgan Housel.
Morgan Housel is a partner at The Collaborative Fund. His book The Psychology of Money has sold over two million copies and has been translated into 49 languages. 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 serves on the board of directors at Markel. Morgan has presented at more than 100 conferences in a dozen countries.
- Which of the ideas from ‘The Psychology of Money’ does Morgan find most useful in his own life? If he had to re-release the book today, what would he change about it or omit from the book?
- What did Morgan expect readers to take away from the book and how does that contrast with the feedback he has received from readers?
- How applicable does Morgan feel the lessons from his book are across cultures?
- What’s the best conversation that Morgan has ever had about money and with whom?
- How does Morgan like to instruct his kids about money?
- How does Morgan like to filter the information that he uses in his writing and what are his most commonly used mental models for understanding his world around him?
- When is Morgan’s new book coming out and what is it about?
Compliance Code: 1617-OAS-9/7/2022
ABOUT STANDARD DEVIATIONS PODCAST:
Educated at Brigham Young and Emory Universities, Dr. Daniel Crosby, the personality behind STANDARD DEVIATIONS podcast, is a psychologist and behavioral finance expert who helps organizations understand the intersection of mind and markets.
Dr. Crosby’s first book, Personal Benchmark: Integrating Behavioral Finance and Investment Management, was a New York Times bestseller. His second book, The Laws of Wealth, was named the best investment book of 2017 by the Axiom Business Book Awards and has been translated into Japanese, Chinese, Vietnamese and German. His latest work, The Behavioral Investor, is an in-depth look at how sociology, psychology and neurology all impact investment decision-making.