The INVESTING Expert: Do This To Get RICH and STAY Rich (It’s SIMPLE!)

The INVESTING Expert: Do This To Get RICH and STAY Rich (It’s SIMPLE!) | Morgan Housel

Рет қаралды 549,910

Күн бұрын

🔔 Subscribe for more great content: / lewishowes
▶️ Recommended for you: • How to Become A BADASS...
Best-selling wealth expert and author Morgan Housel is a master in dissecting the intricacies of finance and human behavior. His international bestseller, "The Psychology of Money,"is a game-changer. Morgan talks how our mental patterns can inadvertently keep us financially limited, the hidden reasons why many people never achieve wealth, the number 1 financial mistake people are making in today's economy and much more!
Get Morgan's book "Same as Ever: A Guide to What Never Changes": amzn.to/41pB6yg
Get Morgan's book "The Psychology of Money": amzn.to/46SziyF
Listen to this episode on the go!
🍎 Apple Podcasts: podcasts.apple.com/us/podcast...
🟢 Spotify: open.spotify.com/show/07GQhOZ...
0:00 Intro
1:27 Why people stay broke.
4:11 Top 3 patterns that make people rich.
14:08 Does money make life better?
16:01 How to validate success or failure.
23:21 Biggest revelation in Morgan's book, "Same As Ever"
24:57 Where we should put our energy and money in an unpredictable world.
26:53 Can we trust people when it comes to money?
32:26 Luck = success and money?
36:32 What gets WORSE when you make money.
39:06 How to hold onto identity and values when you make money.
40:41 Being a good father while having so much success.
43:31 The difference between getting rich and staying rich.
49:18 Additional lessons from "Same As Ever".
51:52 How to tell better stories and build confidence.
56:04 How we will evolve over the next decade.
1:02:33 Training yourself to evolve with your success.
1:08:20 Two biggest takeaways from Morgan's books.
For more info about this episode, go to lewishowes.com/1544
📙 get my NEW YORK TIMES BESTSELLING book "The Greatness Mindset" today! lewishowes.com/gmyo
📤 sign up for my FREE newsletter lewishowes.com/greatnessdeliv...
Follow Lewis!
Instagram: / lewishowes
Tiktok: / lewis
Facebook: / lewishowes
Twitter: / lewishowes
💻 Website: lewishowes.com/
📲 For more Greatness text PODCAST to +1 (614) 350-3960
Get More Greatness!
Greatness Clips: / @greatnessclips
Spanish: / @lewishowesespanol
Portuguese: / @lewishowesportugues
Lewis Howes Shorts: / @lewishowesshorts
#greatness #inspiration #motivation

Пікірлер: 462

@lewishowes 6 ай бұрын

Thanks to Morgan Housel for sharing his knowledge with the Greatness community! Leave a “YES” if you enjoyed this and share the biggest moment for you. Make sure to subscribe to never miss out on inspiring content like this again kzfaq.info

@livefreeordie5769 3 ай бұрын

17 years everyday. BS

@rogerioh8712 3 ай бұрын

Yes amazing... I am doing this from the past 40 years, even sometimes thinking was a wrong life style to follow. Made me happy

@Vicky-br8rc 12 күн бұрын

20:37 😢

@sommersalt88 29 күн бұрын

Net worth truly snowballs after $100k! Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!

@greekbarrios 29 күн бұрын

Nice. People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $4 million portfolio, largely from early investments in AI and other growth stocks...

@kansasmile 29 күн бұрын

@greekbarrios I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.

@kansasmile 29 күн бұрын

I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.

@greekbarrios 29 күн бұрын

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jennifer Leigh Hickman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

@kansasmile 29 күн бұрын

Thank you for sharing, I must say, Jennifer appears to be quite knowledgeable. After coming across her web page, I went through her resume and it was quite impressive. I reached out and scheduled a call.

@brendamzambrano9776 2 ай бұрын

What’s that constant tapping noise in the background?

@amdunnigan 2 ай бұрын

It’s awful

@slackerr 2 ай бұрын

His jacket zipper is tapping on itself

@eshycmwangi 2 ай бұрын

I think it’s Lewis taking notes… when he is talking, the noise disappears

@improvcomedywithtonebone Ай бұрын

Thank u ! I thought I was going nuts for a sec. 😅 I think either the table or the chair is shaking, as he talks with his hands, & moves around, & becomes more animated.

@BattlefieldCurator Ай бұрын

Note taken: don’t put the lav mic on a zipper like that

@jeanshelbybooks4154 6 ай бұрын

As an author I appreciate the talk about writing. I have persistently written just about every day for the last three years with no sign of giving up. 😊 Not very many people have read my books, but part of my drive to keep going is the joy I get from writing. ✍️ 📚

@learntomanifestprecisely9177 6 ай бұрын

May you get lots of success

@wolfesound 6 ай бұрын

Share your book link. This is one of mine, The Unfolding: A Journey of Involution

@villagehousesportugal 6 ай бұрын

Bro let me tell you something you Will pick tour flowers One day because the universe doesnt work for you if you are not a doer. Happy holidays Next year you Will get a best seller

@jeanshelbybooks4154 6 ай бұрын

This is so nice of you. I wish you the best!

@rroman2752 5 ай бұрын

Share your books for us to see.

@burmakara 2 ай бұрын

I recommend everyone to find the forbidden book titled The Hidden Truths Of Wealth, it goes deep into all of this, and it changed my life

@matthewthompson0 2 ай бұрын

Where did you find that book?

@ryan-patel 2 ай бұрын

I can confirm that, insane book.

@aryaveerchopra2237 Ай бұрын

Hey can u pls mention the author, thanks

@burmakara Ай бұрын

oliver mercer

@aryaveerchopra2237 Ай бұрын

Thanks!

@christinesmith7 5 ай бұрын

Best interview ever! Watched it 5 times in 2 days then made my husband listen while we played cards. Wonderful wisdom very clearly communicated. Great nuggets on money, mindset and life. Definitely will be having my high schoolers listen to this.

@brewdog8568 3 ай бұрын

Read the richest man in Babylon. The laws of wealth are real. You can find it free as an audio book on youtube for free also.

@MaLiArtworks186 3 ай бұрын

@@brewdog8568Great book!

@FreeHuman1997 2 ай бұрын

@@brewdog8568the best financial book ever

@chelseastudios 6 ай бұрын

I want 3 seasons of this episode. Possibly the best interview yet imo. ❤ Thank you, Lewis.

@MonaMarMag 6 ай бұрын

Personally I consider myself to be very rich in life experiences . No one can take away this wealth from me . It's a treasure I've worked my whole life for and I've earned it honestly ( in honest way ) . I owe my life wisdom to myself and to my work .

@lewishowes 6 ай бұрын

🙌

@motherandchild9307 5 ай бұрын

What is the tapping sound that is constantly heard in the background ???

@anthonyrusso9378 5 ай бұрын

I can’t not hear it 😭 it was bugging me, I had to come to the comments to make sure I wasn’t losing my mind 😅 thank you for saying something

@StNickolas 3 ай бұрын

I think that is anxiety of the guest , by shaking his leg under the tanle

@philsalcedo5076 2 ай бұрын

I’m hearing this also. Bugging me.

@nosotrosrockclimbinggym7323 2 ай бұрын

zipper

@xbandituz Ай бұрын

I watched 35 minutes without any noises but after reading comments, it is really annoying 😂😂

@jhyonpollard8680 6 ай бұрын

"Not chasing their success you're chasing their fakeness" hit so hard and made so much sense

@lifewithoutfear1213 6 ай бұрын

I challenge you to see what happens when you lose your house, lose your car, and see how the ones you love treat and look at you differently.

@johnmichaelcannon 4 ай бұрын

This is truer than true.

@mayrac9896 23 күн бұрын

If they look at you differently, probably you were with the wrong ppl in the first place.

@nepoking4017 21 күн бұрын

true

@farfalina201 5 ай бұрын

This is the best interview I have ever heard! I can listen to Morgan all day-so wise.

@MaLiArtworks186 3 ай бұрын

Lewis, you ask the best questions. You are the greatest interviewer! Morgan is the greatest guest!

@lewishowes 3 ай бұрын

Thank you so much 🧡

@Kaycarrera 6 ай бұрын

The definition of success is when the people who you want to love you, do love you ❤❤❤❤

@lewishowes 6 ай бұрын

👍

@Trisha_B_done 6 ай бұрын

Truth. Thank you for the reminder. ❤

@lewishowes 5 ай бұрын

You're welcome, thank you for watching🧡

@robfromdowntown4117 Күн бұрын

How much money do I have to make for that to happen?

@bloomwithKels 5 ай бұрын

It was like watching old friends having a catch up conversation. What a great clean interview. Thank you for highlighting the importance of values and identity.

@lilibethnieto55 6 ай бұрын

Amazing share❤Very eloquently narrated.I believe in the power of storytelling.The bottom line about abundance and gaining riches in life is knowing who you want to be. At the end of our life ,the question remain the same, Did I live my life to the fullest? Did I create many intentional and loving memories with my family?Have I love and live well without regrets? Thank you Lewis and Morgan for your message and for inspiring us to be who we truly are.❤Gracias!

@lewishowes 6 ай бұрын

You're welcome, thank you for watching🧡

@sumeetahuja5039 6 ай бұрын

Loved this interview. This man has so much wisdom! He dropped so much wisdom Here.

@hussainayad3094 6 ай бұрын

This man is incredible and very honest ❤ thanks for the great interview.

@77magicbus 6 ай бұрын

Lewis has a great way of drawing out the guest. I enjoy just listening to how the conversation flows, never knowing the exact direction that it is going. But his own authentic curiosity keeps me interested. Thanks

@chrisfox9779 5 ай бұрын

"Father, Husband, Friend." From hearing this quote about identity - I think I've finally found my new purpose. 🤯😊

@cilareiss 6 ай бұрын

Listening to your words of wisdom and honest inner search make us listeners to love you.Thank you for sharing with us.

@lewishowes 6 ай бұрын

You're welcome, thank you for watching🧡

@dylangabriel13 4 ай бұрын

Great episode!. But what was the constant tapping noise in the background?

@JAZJ 6 ай бұрын

Really enjoyed viewing and listening to this conversation. I am a fan of Morgan Housel's work.

@vickid3081 6 ай бұрын

Morgan's wisdom unlocks wealth. Insightful revelations on finance and behavior. 🌟

@lewishowes 6 ай бұрын

🙌

@eileenwatt8283 4 ай бұрын

@@lewishoweshis vegas scenario is spot on. Anything free has no value to the receiver. I have a friend who signed over their old home to the step daughter. She just had to pay the taxes. She didn't and lost the house. Another friend renovated her bf apartment for $20,000.00 so he could get on his feet and put it on Airbnb and get income. The guy never said "Thank You". Instead he told her the furniture was not placed properly. She bought all the furniture. She got no acknowledgement from him.

@BlackPearlMona369 6 ай бұрын

I really appreciate the clarity of thoughts discussed...does make a lot of sense ❤

@lewishowes 6 ай бұрын

🙌

@adrianajimenez3569 6 ай бұрын

What was that tapping sound?

@KayFabe87 6 ай бұрын

Morgan’s zipper on his sweater swinging back and forth. It is right near where his microphone is clipped.

@skyking9248 4 ай бұрын

So hard to sit through with that sound.

@TiagoRamosVideos 2 ай бұрын

1:00:00 "my identity is father, husband, friend" 👏

@vinitashah44 6 ай бұрын

Yet another great interview, the insights are deep that Morgan Housel shares. Thank you Lewis for putting these together. Your podcasts have moved up a many notches lately!

@lewishowes 6 ай бұрын

Big thanks for watching! I appreciate your support! 🙏🙌

@theclown888 3 ай бұрын

Don’t know what that annoying clicking sound is in the background, but great interview.

@SuperFuture101 2 ай бұрын

It sounds like one of them tapping their foot and I agree it’s super annoying

@SuperFuture101 2 ай бұрын

I could be wrong tho bc the video doesn’t show them shaking it

@williemixco5717 2 ай бұрын

Extremely annoying sound...great interview

@electronlibre8027 Ай бұрын

I should not read this comment . I can’t focus now cos I’m listening to that background noise . That’s is why most of us are not successful, focussing and distracted for other people comments . SHUTUP !

@CHANGEISTHENEWGROWTH Ай бұрын

Always look at the positive in everything. Instead of talking about what your take away in this great interview.

@carikhanitthapsantagato1739 6 ай бұрын

Love this! Very content and lots of wisdom. Thank you!

@eileenwatt8283 4 ай бұрын

A high end Toyota is better than an entry level BMW. That's my new mantra when asked why I don't get a new car. I love my 2008 high end beat up Toyota. It is reliable, it's low maintenance and keeps thieves away. I bought it new. My only regret is not taking care of the outside as I did with the annual maintenance. People put fliers "we buy junk cars" on my car.😁😁😁😁 I love it. It's a keeper. The dents are like wrinkles on humans.

@joseandrada264 17 күн бұрын

Same here

@mattanderson6672 5 ай бұрын

Thanks guys!! Brilliant discussion

@dhanabalshanmugam7559 2 ай бұрын

Beyond land boundaries we are able to connect and learn wisdom through amazing people like Morgan and Lewis! Great questions from Lewis and thought proving replies from Morgan!

@marlonmendoza2882 3 ай бұрын

YES! Behavior, finances and values to sum it up. Powerful interview.

@lewishowes 3 ай бұрын

Thank you for taking the time out of your day to check out the interview! So glad you enjoyed it🧡

@joseorozco1383 6 ай бұрын

@29:59 👍🏽 🔥

@melinafarinas 6 ай бұрын

What an amazing episode. Love the questions from Lewis. ❤

@lewishowes 6 ай бұрын

Glad you enjoyed it! Thanks for watching!

@joseorozco1383 6 ай бұрын

@41:28 ❤❤❤ billionaire’s kid great attitude

@453mhynt 6 ай бұрын

"the smallest detail can make the biggest difference" that zipper really messed up this interview's audio lol!

@LXBalla4414 6 ай бұрын

yea I thought that immediately. Glad someone else noticed too.

@chikojere1411 5 ай бұрын

So that's what it was 😂 Amazing that no matter how distracting that tapping sound was throughout, this is probably one of the best conversations I've heard ever!! Priceless life, and money lessons ❤❤❤

@anthonyrusso9378 5 ай бұрын

Thank you for pinpointing the sound, it was driving me nuts 😭 had to come to the comment section to make sure I wasn’t losing my mind clown 🤡

@calista1280 2 ай бұрын

His mic isn't touching the zipper, it must be the mic wire moving against the zipper..

@farmerjeffmays9858 6 ай бұрын

Always Valuable Content 💰

@MarinaSimonovaAgile 6 ай бұрын

Excellent interview! thank you so much

@SmangalisoManzini Ай бұрын

😀Always delivers as usual - MORGAN HOUSEL

@pnguyen515 6 ай бұрын

Great interview! So much wisdom packed in here. Thank you so much!

@lewishowes 6 ай бұрын

🧡

@blessings4life 6 ай бұрын

No man can serve two masters

@1pagelifeplan 6 ай бұрын

Is there an issue with the audio? Sounds like someone is typing text on a phone. Tried on multiple devices.

@pilotoblackbird433 6 ай бұрын

Thank you thought it was just me

@anthonyrusso9378 5 ай бұрын

Did a deep dive into comments because it drove me mad 🤡 Zipper clacking against mic 💯

@Sharlenwar 6 ай бұрын

Out of everyone out there, Lewis seems the most wholesome. Thanks for the content!

@lewishowes 6 ай бұрын

Thank you so much for your kind words 🧡

@RolfStumpfRailMedia 5 ай бұрын

Wow, what a great insightful conversation. Thank you both 🍀

@lewishowes 5 ай бұрын

So glad you enjoyed it! Appreciate you for watching.

@DorothyMannineYT 6 ай бұрын

Such an incredible episode!

@lewishowes 6 ай бұрын

Thank you so much for watching!

@TheNYLATINO 6 ай бұрын

Love the interview and thank you very much. But his zipper constantly tapping the microphone is driving me f****** crazy!

@anthonyrusso9378 5 ай бұрын

#same 💯

@jazminborges8472 6 ай бұрын

25:25 WOW! Wished i would have had that metric earlier

@carolspencer6915 6 ай бұрын

I clearly have a giant portion of cave lady brain surviving.😀 Thankyou both for this shared conversation. Truly sanity restoring, as always. 💜

@lewishowes 6 ай бұрын

You're welcome, thank you for watching🧡

@MsMelody 5 ай бұрын

I taught an entire class on budgeting because of his book. The audience was welfare recipients in my job a couple years ago. They LOVED it!! I still love listening to his audio book in the car once in a while. But hey, off topic, did anyone else hear a tapping throughout this video? I listened to the entire thing and it was a fabulous interview, but who was texting the whole time? 😂

@vaughanmoody Ай бұрын

I think the noise was his jacket zipper tapping near the microphone when he spoke. 😀

@renchemarais8419 6 ай бұрын

Simply GREAT 🎉

@lewishowes 6 ай бұрын

Thanks for being here!

@christinahylton6425 6 ай бұрын

Yes 🙌 A big moment for me was knowing I could walk away. Whatever you’re unable to walk away from controls you.

@msbeecee1 2 ай бұрын

This!! 💯 💯 it's all abt sovereign choice for me

@MarianLivingLife 5 ай бұрын

Another great interview. I’m binge watching them today 💪🏾

@lewishowes 5 ай бұрын

Glad you enjoyed it! What stood out to you as a lesson to move forward with?

@mertkaracayil 6 ай бұрын

giving episode. loved it. thank you Morgan & Lewis.

@lewishowes 6 ай бұрын

You're welcome, thank you for watching🧡

@MarisolGonzalez-qt3zt 6 ай бұрын

Es un excelente episodio, tanto que compraré sus libros. ¡Muchas gracias!

@lewishowes 6 ай бұрын

Thanks for being here!

@nkululekomasilonkululeko4426 6 ай бұрын

We normally say that which is done repeatedly becomes established in the spiritual. that's some habits catch up with us in our businesses or relations.

@case2rich 5 ай бұрын

Once upon a time....there was a brilliant interview.....and I lived happily ever after ❤

@mohammednazari9833 5 ай бұрын

By far one of the best podcasts I have ever watched/heard.

@joseorozco1383 6 ай бұрын

@43:46 this guy is full of great points

@lewishowes 6 ай бұрын

🧡

@AhmedAli-hu4vb 6 ай бұрын

I really enjoyed this topic ur quest has been amazing 👏 very insight full

@aloishe 6 ай бұрын

Just a thought, because I love these podcasts, can you get someone on to talk about feminine energy?

@nemanjavidic6556 6 ай бұрын

Amazing episode. Great topic for all atheletes especially for footballers, how they should behave with good income and when the income becames less !!!

@lewishowes 6 ай бұрын

Thanks for being here!

@hannahobzunar 6 ай бұрын

Wow. This has a lots of insights ❤.

@lewishowes 6 ай бұрын

🧡

@LouisJanYoung 6 ай бұрын

Amazing how Tony Robbins has stayed relevant through multiple generations and at the top of his game, since 1989 when his infomercials started.

@SelfAllOne 6 ай бұрын

I enjoyed watching this video. This video is just amazing, it's so informative.

@lewishowes 6 ай бұрын

So glad you enjoyed it! Appreciate you for watching.

@WaliTheMusico 6 ай бұрын

Someone's tapping on the table with a pen, makes a rhythm to the podcast. 😂 Loved the podcast though. 🙌🏻🌸

@anthonyrusso9378 5 ай бұрын

I thought I was losing my mind, I’m listening audio mostly and I was wondering if anyone else heard it or I was hallucinating. I had to come to the comments. Thank you for saying something

@justinsmith368 3 ай бұрын

It’s the guest speaker’s jacket zipper lol

@selenazamora4133 6 ай бұрын

I am reading the book The School of Greatness for the 2nd time this year and it is still as fascinating as the first time.

@samanthaharris5404 5 ай бұрын

Great interview!!! I really enjoyed his perspective and insights.

@lewishowes 5 ай бұрын

So glad you enjoyed it! Appreciate you for watching.

@Riazreminds 6 ай бұрын

Excellent tips

@lewishowes 6 ай бұрын

🙌

@rochellegray3228 6 ай бұрын

Great conversation…I’m taking notes

@lewishowes 6 ай бұрын

So glad you enjoyed it! Appreciate you for watching.

@Lik3ToSing 3 ай бұрын

One of the best interviews. Thank you

@lewishowes 3 ай бұрын

You're welcome, thank you for watching🧡

@ComicAlvinWilliams 4 ай бұрын

This interview was absolutely outstanding!

@lewishowes 4 ай бұрын

Thank you!

@betsygreenteam 5 ай бұрын

Love this topic, it is so helpful and great to share it with the world! Especially those who haven't got off the ground yet. I just bought your book, bro!!

@puspa20forever 6 ай бұрын

Plz do podcast about memory ,brain & how can we top our exam... study related .. really need it

@AnnaHughesCambry 6 ай бұрын

Quick tips - start saying to yourself “I have an awesome memory”, words and thought are powerful - use this to your advantage instead of the opposite! And memorise with pictures or other associations, that’s what the memory experts do. If you have something in your life you’ve trying hard to forget this could affect your memory, because your mind is just trying to protect you and keep you alive.. lastly - are you interested in what your studying? If you are and want what you’re doing but are just stressed out and push yourself - be kind and have empathy and give yourself little rewards like a nice cup of tea or something you like every time you get something done, small goals. Think bigger about the motivation and get inspired instead of pushed. Good luck 🤞🏽❤ I’m a hypnotherapist and know a lot about the mind and subconscious, always happy to share ❤

@abahamilton-phillips8762 5 ай бұрын

Google "Learing how to learn" Barbara Okaley and her colleagues have done a great job in this area. Good luck

@felixiana 2 ай бұрын

Check out Jim Kwik

@hectorsgarciam9514 5 ай бұрын

YES. I enjoyed every minute of it. Thanks!

@marckuhnmak 6 ай бұрын

What a great episode!

@lewishowes 6 ай бұрын

Thank you so much for watching!

@Spiritualology 6 ай бұрын

Question for all viewers.. If you had the choice, Would you rather be apart of the *1%* or apart of the *144,000* ?? Think very carefully on your answer..

@lilibethnieto55 6 ай бұрын

The part of 1% is not easy yet this is the reason why one is different from another.It’s 99% believing in yourself and 101 percent of getting better everyday.Keep going even nobody notice and serving and helping without expectations at all.Thank you for your question.

@universalmeditation8631 6 ай бұрын

This is one of those episodes where you have to watch the entire thing again!❤

@lewishowes 6 ай бұрын

Glad you enjoyed it! What stood out to you as a lesson to move forward with?

@joseorozco1383 6 ай бұрын

@1:05:51 So good

@davegibbs6423 5 ай бұрын

Providence. Great conversation.

@ThatClergyFarmer 2 ай бұрын

The most outstanding thing about Lewis for me is his wisdom to lead a conservation without leading it. And going back to ask the same question 30 minutes later, that he felt was not sufficiently answered without sounding repetitive or making his guest feel inadequate. That's a some great Art. Kuddos... 💪

@lewishowes 2 ай бұрын

So glad you enjoyed it! Appreciate you for watching.

@Harmanaujla_ 6 ай бұрын

Thank you Morgan and Lewis for sharing this valuable knowledge , I feel lucky to have found your channel every video, podcast post on instagram I always learn something new that changes my perspective ❤️🙏🏻

@billy53382 6 ай бұрын

Thank you, for sharing your knowledge and insight 🕊️🤍

@lewishowes 6 ай бұрын

🧡

@daevdel2993 5 ай бұрын

amazing interview. i have learned a lot from this conversation. thank you.

@lewishowes 5 ай бұрын

So glad you enjoyed it! Appreciate you for watching.

@canerathletic 6 ай бұрын

GREAT EPISODE!!!

@lewishowes 6 ай бұрын

Thank you!

@Junkmail007 4 ай бұрын

Such a great show. This guest was so inspiring and to his credit, Lewis knows how to bring out the best in his hosts with such meaningful and prepared thought-provoking questions!

@lewishowes 4 ай бұрын

Thank you so much for being here.

@joseorozco1383 6 ай бұрын

@59:23 I think of Dave Chapelle 🤔