Chapter
Coping with life's volatility
2:08:54 - 2:14:43 (05:48)
View the ups and downs of investing and career as a fee rather than a fine to make it more manageable. Coping with life's volatility can make it more palatable over time.
Clips
Accepting the volatility in investing and viewing it as a fee instead of a fine can make it more tolerable as it is necessary to earn superior returns over time.
2:08:54 - 2:10:22 (01:28)
Summary
Accepting the volatility in investing and viewing it as a fee instead of a fine can make it more tolerable as it is necessary to earn superior returns over time. The pain endured in the process is the price for success in investing.
ChapterCoping with life's volatility
Episode#576: Morgan Housel — The Psychology of Money, Picking the Right Game, and the $6 Million Janitor
PodcastThe Tim Ferriss Show
In this transcript, the host poses the question, "If Twitter didn't exist and you were limited to a handful of newspapers and journalists to receive news on finance, investing, or business, who would you choose?"
2:10:22 - 2:11:48 (01:25)
Summary
In this transcript, the host poses the question, "If Twitter didn't exist and you were limited to a handful of newspapers and journalists to receive news on finance, investing, or business, who would you choose?" and shares his own answer.
ChapterCoping with life's volatility
Episode#576: Morgan Housel — The Psychology of Money, Picking the Right Game, and the $6 Million Janitor
PodcastThe Tim Ferriss Show
The speaker shares his admiration for a young blogger who he deems as one of the smartest and most insightful writers he's come across in years.
2:11:48 - 2:14:43 (02:54)
Summary
The speaker shares his admiration for a young blogger who he deems as one of the smartest and most insightful writers he's come across in years.