Mind Your Money

Morgan Housel and Doug Boneparth discuss Charlie Munger's legacy, the new path to billionaire status, and 3 timeless lessons about human behavior that can be applied to investing.

The content of the video is for general and informational purposes only. All views presented in this show reflect the opinions of the guest and the host. You should not take a mention of any asset, be it cryptocurrency or a publicly traded security as a recommendation to buy, sell or hold that cryptocurrency or security.

What is driving negative sentiment about the economy and which issues are most relevant for retail investors? Nick Magguilli, COO at Ritholtz Wealth Management and creator of the personal finance blog "Of Dollars and Data" joins Morgan Housel and Doug Boneparth to discuss whether the stock market is really as bad as it seems, the lingering threat of stubborn inflation, the role of luck in investing and why believing it isn't real can be powerful for your portfolio, and more.

Kyla Scanlon joins Morgan Housel and Doug Boneparth to discuss how “doomerism” and a culture of pessimism can weigh on financial well-being. The trio also talks about how nostalgia might influence our perception of the economy, why we should be optimistic about technological and economic progress, and how brands may be playing an outsized role in shaping our culture.

Ben Carlson, Director of Institutional Asset Management at Ritholtz Wealth Management, joins the show to discuss how understanding the history and cyclical nature of the financial markets can help you be a better investor, why the counterintuitive strategy of sitting on your hands and doing nothing can improve investment decisions and minimize mistakes, big tech's dominance, and disconnecting the definition of wealth from money. Hosted by Morgan Housel and Doug Boneparth.

In this episode of Mind Your Money, we talk about how much money it takes for people to feel rich and how social networks influence the perception of wealth. We also discuss how early and exorbitant levels of success can create hidden debt that eventually needs to be repaid, and whether artificial intelligence has earned the hype and investment it has attracted. Morgan and Doug speak with Cass Sunstein, the Robert Walmsley University Professor at Harvard, co-author of Nudge, and author of the upcoming book Decisions about Decisions. Sunstein shares two ways to make better investment decisions, explains why we believe the things we do, and breaks down why loss aversion is an obstacle to economic well-being.

Morgan Housel and Doug Boneparth talk about whether Meta’s 'Threads' will be a Twitter killer and Mark Zuckerberg’s strategy of pillaging social media competitors.

In this episode we discuss the perils of trying to get rich quick, and how sometimes the fastest way to get rich is to go slow. Morgan Housel and Doug Boneparth also talk about the cost of success and the increasing connection between money and mental health. Later in the show, Kevin Kelly, the co-founder and former executive editor of Wired Magazine, joins to share wisdom from his new book "Excellent Advice for Living."

Morgan Housel and Doug Boneparth discuss the brutal reality that most companies will end up in the corporate graveyard, why Elon Musk is calling for a pause in A.I. experiments, the concept of mental liquidity, and how conviction in investing can be dangerous.

Morgan Housel and Doug Boneparth discuss how yelling "fire" in a crowded Twitter thread can lead to a crisis, why individuals always feel gloomy about their personal finances, and what the layoff wave in tech means for the industry's health moving forward. To break down the viral panic on Twitter that contributed to the 48-hour collapse of Silicon Valley Bank, we spoke with Amit Goldenberg, Assistant Professor at Harvard Business School and trained psychologist.