The Dead Simple Strategy That Will Make Your Great Grandchildren Rich | ft. Morgan Housel
My First Million
•December 20th, 2023
DESCRIPTION
No more small boy spreadsheets, build your business on the free HubSpot CRM: https://mfmpod.link/hrd
Episode 533: Shaan Puri (https://twitter.com/ShaanVP) and Sam Parr (https://twitter.com/theSamParr) talk to Morgan Housel about the psychology of building generational wealth and the one strategy that works better than any 20% return.
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Show Notes:
(0:00) Intro
(2:30) Strive for averageness
(13:00) Financial anti-goals
(15:30) Sam and Morgan argue about money and anxiety
(18:30) Biggest psychological trap with money
(23:00) The biggest risk no one is talking about
(27:00) Worry about what doesn't change
(30:00) How to action sameness
(33:00) Morgan's history book diet
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Links:
• Same as Ever - https://tinyurl.com/2zd2u9mt
• Psychology of Money - https://tinyurl.com/yc423xct
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Check Out Shaan's Stuff:
• Shaan's weekly email - https://www.shaanpuri.com
• Visit https://www.somewhere.com/mfm to hire global talent (like Shaan does) and get $500 off for being an MFM listener. Hire developers, assistants, marketing pros, sales teams and more for 80% less than their US equivalents.
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Check Out Sam's Stuff:
• Hampton - https://www.joinhampton.com/
• Ideation Bootcamp - https://www.ideationbootcamp.co/
• Copy That - https://copythat.com
• Hampton Wealth Survey - https://joinhampton.com/wealth
💰 Pitch your startup for a shot at a $1M investment with Sam Parr as the MC https://clickhubspot.com/pitch
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