The Morgan Housel Podcast

A Few Laws of Getting Rich


Listen Later

Measuring wealth is easy. You just count it up. Measuring some of the downsides of wealth is so much harder and more nuanced. They can be so nuanced and hard to measure that many people won’t even believe they exist. A downside to wealth? How could that possibly be? 

Let me propose that the absurdity of talking about the downside of wealth is part of why wealth doesn’t tend to make people as happy as they thought it would. 

When the benefits of money are so obvious but the downsides are so subtle, the downsides you didn’t anticipate can be more jarring than the benefits you expected. 

I want more money, of course. Almost everyone does, albeit for different reasons. 

This is not an anti-wealth list -- just a collection of subtle downsides that are easy to ignore, and so common you may as well call them the only true laws of getting rich.

...more
View all episodesView all episodes
Download on the App Store

The Morgan Housel PodcastBy Morgan Housel

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

974 ratings


More shows like The Morgan Housel Podcast

View all
The Tim Ferriss Show by Tim Ferriss: Bestselling Author, Human Guinea Pig

The Tim Ferriss Show

16,165 Listeners

We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,371 Listeners

Masters in Business by Bloomberg

Masters in Business

2,174 Listeners

The Knowledge Project by Shane Parrish

The Knowledge Project

2,679 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

944 Listeners

Founders by David Senra

Founders

2,206 Listeners

Animal Spirits Podcast by The Compound

Animal Spirits Podcast

2,033 Listeners

The Rational Reminder Podcast by Benjamin Felix, Cameron Passmore, and Dan Bortolotti

The Rational Reminder Podcast

474 Listeners

Bogleheads On Investing Podcast by bogleheads

Bogleheads On Investing Podcast

601 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,163 Listeners

Value Investing with Legends by Columbia Business School

Value Investing with Legends

202 Listeners

The Long View by Morningstar

The Long View

937 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

442 Listeners

Ask The Compound by The Compound

Ask The Compound

339 Listeners

The Rundown by Public.com

The Rundown

413 Listeners