How To Create & Manage Your Personal Wealth | Morgan Housel | Modern Wisdom Podcast 142

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  • Опубликовано: 25 янв 2025

Комментарии • 45

  • @ismaelspechtintuition3519
    @ismaelspechtintuition3519 Год назад +2

    Chris seemed so happy on this talk, it was contagious. It felt good listening to his comments and laughs. Great talk with two great people.

    • @shirleyjsanchez
      @shirleyjsanchez 5 месяцев назад

      Chris lovesssssss Morgan! This friendship is so genuine- it’s so fun to watch!

  • @shirleyjsanchez
    @shirleyjsanchez 5 месяцев назад

    I love the friendship between Chris & Morgan- going back to listening to their pods - so powerful & love seeing how their friendship grew!

  • @nicholasmartinez6043
    @nicholasmartinez6043 Год назад +1

    I love how Morgan explains “paying the price” of dealing with uncertainty for the returns you get on investment. It’s an amazing way to put that

  • @ddemaine
    @ddemaine 4 года назад +12

    I admire your knack of finding informative and interesting guests

    • @ChrisWillx
      @ChrisWillx  4 года назад +2

      Thank you, Morgan is a beast

    • @KC-ge2ui
      @KC-ge2ui 3 года назад

      @@ChrisWillx - You should get Saurabh Mukherjea of Marcellus Investment Managers. He's the best of the best. Will give you a great India context as well!

    • @ralgie77
      @ralgie77 2 года назад

      ​@@KC-ge2ui lu

  • @PrempalSingh95
    @PrempalSingh95 5 лет назад +26

    Loved this! Morgan has this unique ability to see through things and make everything so simple and clear.

    • @ChrisWillx
      @ChrisWillx  5 лет назад +2

      Agreed. He’s a beast

    • @broderickgk
      @broderickgk 2 года назад

      Who's the guy Morgan said at: 11:39?

  • @Melissaloves2draw
    @Melissaloves2draw 2 года назад +4

    Thank you for saying what you did about hurricanes, I've always told people this. After having lived in Florida, Georgia and Louisiana my whole life, I can absolutely assert that hurricanes are by far the "best" natural disasters to deal with. The analogy makes total sense. Never thought about it in terms of economics but it's relatable. Great content!

  • @josephanglada4785
    @josephanglada4785 2 года назад +3

    OMG this man is VERY wise on issues of Wealth.

  • @ginabelisario9282
    @ginabelisario9282 3 года назад +4

    Living in my means is the key factor of generating wealth.
    We can't calculate that does not happen.
    The biggest risk is the one don't see.

  • @UjjwalRane
    @UjjwalRane 3 года назад +1

    A true sage!

  • @JohnKerbaugh
    @JohnKerbaugh 2 года назад

    47:55 timing glitch. But such an important point. Some of the lowest picks end up outperforming the top picks!

  • @CharlieChaplinVideos
    @CharlieChaplinVideos 2 года назад +2

    Good one. This was Just before lockdowns hit the world.

  • @DoyleIstre
    @DoyleIstre 4 года назад +4

    Enjoyed his comments about wealth is the absence of stuff (internal) as opposed diet and exercise which can be visible. Also enjoyed hearing about the independence (freedom of time) that comes with wealth.

  • @maplenook
    @maplenook 4 года назад +7

    Wealth offers freedom. Freedom to do as we please. It also allows us to be of assistance to others. Those are the two big draws for me. I have no need for more or different stuff.

  • @mr.g4999
    @mr.g4999 2 года назад +1

    Fantastic interview! Great work 👍

  • @MrYufu221
    @MrYufu221 2 года назад

    Great interview. Enjoyed Morgan's book!

  • @taylorsims8330
    @taylorsims8330 4 года назад +1

    Really enjoyed this

  • @filipkoutny9360
    @filipkoutny9360 8 месяцев назад

    What a hair Chris :D

  • @GK_Capital
    @GK_Capital 2 года назад +1

    This is 🔥🔥

  • @tomcockcroft9394
    @tomcockcroft9394 2 года назад +1

    The ability to save is the gap between your ego and your income

  • @charmcrypto824
    @charmcrypto824 3 месяца назад

    That part about wealth being invisible really hits home. I’ve been taking a similar approach by diversifying with crypto through My Digital Money-keeps me on track without overcomplicating things. Curious if anyone here is also adding crypto to their portfolio for that extra edge?

  • @Paddlehappy
    @Paddlehappy Год назад

    Amazing. Thank you

  • @pran10000
    @pran10000 4 года назад

    Brilliant! 👍

  • @vishnu439
    @vishnu439 2 года назад

    Wealthy is more than rich
    Wealth is linked to savings too
    They save a lot
    You can be rich but blow a lot of it

    • @vishnu439
      @vishnu439 2 года назад

      Wealth is what you don’t see
      Eg. cannot see the car you did not buy

    • @vishnu439
      @vishnu439 2 года назад

      Suppress your ego by not spending it
      I am not going to spend the money
      Push down the urge to spend

    • @vishnu439
      @vishnu439 2 года назад

      Low set point for materialism

    • @vishnu439
      @vishnu439 2 года назад +1

      Social status and background
      Influenced by spouse

    • @vishnu439
      @vishnu439 2 года назад

      Baseline spending metabolism
      If your income fell by 10% what would it do to your happiness

  • @TomerBenDavid
    @TomerBenDavid 2 года назад

    But it takes 50 years to compound so if I find about it at 40 I'll be able to enjoy it at 90

  • @monaissakarim7569
    @monaissakarim7569 Год назад

    The audio is not thst good

  • @thomascummings7589
    @thomascummings7589 2 года назад

    Are you kidding me, you don’t think the women thought I want to date that guy, they weren’t interested in the car that’s why he purchased it. The reason you wanted the car unconsciously is because you wanted women to look at you as the women there were looking at him. This is human biology 101.

  • @anthonynguyen3647
    @anthonynguyen3647 Год назад

    Why dont we stay poor to keep us happy????

  • @gokhantoksoy2826
    @gokhantoksoy2826 2 года назад

    you had a good hair 2 years ago mate …

  • @chrishayes8012
    @chrishayes8012 2 года назад

    Gates is a bad choice of billionaire.

  • @jessejoseph1984
    @jessejoseph1984 3 года назад

    💯%