#374: Morgan Housel on the Psychology of Money

Morgan Housel is a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He also recently wrote a fantastic book titled, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness.

In this conversation, we discuss his writing process, what content he consumes, his biggest investing mistake, portfolio allocation, risk/reward, index funds, mental models, 60/40 portfolios, and Bitcoin.

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Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at https://www.pompletter.com