RR #128 - Morgan Housel: The Psychology of Money

The Rational Reminder Podcast

Why leaders watch it

Argues financial success depends more on behavior than intelligence, a framing relevant to risk and long-term judgment.

Rational Reminder podcast episode with Morgan Housel, author of The Psychology of Money. They discuss how investing success depends more on behavior than knowledge, the role of luck and the dangers of emulating top investors.

Takeaways

• Behavior matters more than knowledge
• Survive first, then compound
• Know your own risk tolerance

Topics: Decision making & mental models

Related

• The Psychology of Human Misjudgement - Charlie Munger Full Speech · BuffettMungerWisdom
• Resilience is a Choice | Jeff Harmon | TEDxHarvard Square · TEDx Talks
• Walt Disney's E.P.C.O.T. Film (1966) · The Original EPCOT
• Richard Feynman Messenger Lectures at Cornell, The Character of Physical Law, Part 7: Seeking New Laws (1964) · Arindam Kumar Chatterjee
• Are we in control of our decisions? | Dan Ariely · TED
• Teddy Talks - Citizenship in a Republic (includes The Man in the Arena) · MedoraND
• The Power of belief -- mindset and success | Eduardo Briceno | TEDxManhattanBeach · TEDx Talks
• Solitude and Leadership (William Deresiewicz, West Point 2009) | Art of Manliness Podcast #333 · Art of Manliness
• Climbing Kilimanjaro in a Wheelchair: Jeff Harmon on Leadership, Courage & Kindness · Michael G Neece
• Thinking, Fast and Slow | Daniel Kahneman | Talks at Google · Talks at Google
• Days to Seconds: Harnessing Confidential AI Agents with Kellie Romack · Opaque Systems, Inc.
• AWS re:Invent 2019: Optimizing Aerospace manufacturing operations & supply chain with AWS (MFG201) · AWS Events