Providend's Money Wisdom

Avoiding the Trap of Knowing Too Much (S4E34)


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Being a trusted adviser to our affluent clients for over two decades, our wealth management philosophy—making life decisions before money decisions—is rooted in our experience of managing over S$1 billion worth of our clients’ hard-earned assets.

In this week’s Money Wisdom episode, our co-host Isaac chats with Chris about how too much knowledge might actually make us poorer, drawing lessons from a surprising experience at The Ritz, and how knowledge can puff a person up and why letting it do so can be our downfall.

The conversation explores why it’s important not to let knowledge consume us or make us proud, or we risk missing the woods for the trees. Chris also shares how this lesson applies to investing and the importance of first understanding your own investment philosophy.

To better understand the discussion, you may start by reading Chris’ Business Times article.

Music courtesy of ItsWatR.

The host of this episode, Isaac Ong, is a Client Adviser at Providend, the first fee-only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia.

The full list of Providend’s Money Wisdom podcast episodes from Season 4 can be found here.

Did you know that our Providend’s Money Wisdom podcast is now available in video format on YouTube? Follow us on our YouTube channel for new episode on Thursday at 8pm.

Mentioned in this episode:

Get Our Money Wisdom II Book Today!

Some long-time listeners might know that the inspiration behind this entire podcast was our CEO, Chris’s book. We're proud to announce that we have launched our second edition of the book titled Money Wisdom II: More Simple Truths for Financial Wellness.

If you are interested in getting your very own copy, please check out the link here: https://providend.com/publications/#order-form

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