Morgan Housel, partner at Collaborative Fund and best-selling author of The Psychology of Money, shares valuable insights on navigating volatility, building lasting wealth, and staying grounded in unpredictable times. He and Nick McLean discuss the real estate market's shifting landscape, with a focus on the importance of adaptability and mindset. Morgan talks about the emotional and financial resilience needed in business, offering expert advice on how to recognize and respond to market changes. Whether you're a real estate team leader, broker, or agent, this episode will help you rethink how you approach the fluctuating world of real estate and business.

Chapters:

• 00:00:00 - Kicking Off with the Power of Financial Volatility
• 00:00:33 - Welcome to the Reside Platform Podcast!
• 00:00:37 - Introducing Morgan Housel: Author, Investor, and Money Expert
• 00:01:17 - Dive Deep: Wealth Strategies and Real Estate Insights
• 00:05:15 - The Realities of Navigating Volatility in Business
• 00:07:32 - A Look Back: How Interest Rates Have Shaped the Market
• 00:11:56 - Why Margin of Safety is Your Secret Weapon for Success
• 00:18:34 - Thriving Amid Change: How to Adapt in Today’s Industry
• 00:26:58 - The Fresh Advantage: Why Newcomers are Revolutionizing Financial Advisory
• 00:27:39 - How Deregulation is Shaping the Future of Financial Advisors
• 00:29:19 - The Future of Real Estate: What’s Next for the Industry?
• 00:30:43 - Deregulation Lessons from the Airline Industry: Key Takeaways
• 00:35:46 - Baby Boomers’ Impact on Real Estate Market Shifts
• 00:37:42 - Financial Advisors’ Evolving View on Real Estate Investments
• 00:40:11 - How Convenience is Changing the Game in Real Estate Services
• 00:47:02 - The Power of Writing: How It Drives Business and Marketing Success
• 00:52:06 - Wrapping Up with Powerful Insights and Final Thoughts

Links and Resources:

• Reside Platform
• Reside Platform Website
• Website
• Morgan Housel on LinkedIn

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