Morgan Housel: Going Deeper on the Psychology of Money | Lunches with Legends #35

Welcome back to this week's Lunches with Legends™ episode featuring our host Mo Lidsky, CEO of Prime Quadrant and Morgan Housel, Partner at the Collaborative Fund and Best-Selling Author. In this candid conversation, Morgan talks about financial independence and the concept of “wealth is what you don’t see.” Enjoy!

We're pleased to announce that Lunches with Legends™ is now available as a podcast. You can listen to Morgan’s episode on your streaming provider of choice.

Unless otherwise specified, references to “Prime Quadrant” are intended to mean the Prime Quadrant group of companies. The firms that comprise the Prime Quadrant group of companies include Prime Quadrant Corp. and Prime Quadrant US, LLC. Each firm provides specific services in a particular geographic area and is subject to the laws and professional regulations of the particular country or countries in which it operates.

[DeeCartwright]

Thank you for this. In addition., and rarely observed, the interviewer is rational, nuanced and makes intelligent, probing questions. Good interview.

[filmbuff]

A great and important point - among many others - Morgan brings up is when he's talking about an investment period of 30, 40 or more years. Where are the fonds managers/ investors who outperform the market during such a long period of time? And how to spot them?

The market itself seems to be the best fonds manager/ investor there is.

[florianmadison]

Its quiet interesting how we reject the reality of our situation and expect to be able to observe it, control it and even change it. I used to be financially depressed until I read a book that made me realized that the secret to making a million is making better investments.

[davidng]

just asking, was this show broadcast in the past? I recall watching it already. Hmm

[Jon-fxiq]

Do I need a bookshelf full of books to start a YouTube channel and podcast?

[ahagopian]

Interviewer needs to value free time WITH kids!