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In this episode, Carl explores a strange habit many of us have: using someone’s wealth as evidence they’re worth listening to. Why does knowing that someone sold a company or has a $400 million balance sheet suddenly make them seem smarter, wiser, or more interesting? Carl examines how easily authority in one area can leak into another, and why we may want to get much more careful about confusing financial success with intelligence, wisdom, or human worth.
Want more from Carl? Get the shortest, most impactful weekly email on the web! Sign up for the Weekly Letter from Certified Financial Planner™ and New York Times columnist Carl Richards here: https://behaviorgap.com/
In this episode, Carl puts two very different paychecks side by side: a ski patroller earning an hourly wage in an expensive mountain town and an NFL quarterback earning tens of millions a year. He’s not arguing that either number is right or wrong. Instead, he asks a more interesting question about what markets actually measure, what they don’t, and what the enormous gap between price and human value might say about us.
Want more from Carl? Get the shortest, most impactful weekly email on the web! Sign up for the Weekly Letter from Certified Financial Planner™ and New York Times columnist Carl Richards here: https://behaviorgap.com/
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