The Surprising Role of Psychology in Your Investments, by Morgan Housel

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Күн бұрын

Пікірлер: 11

@daisukeuehara7152 11 ай бұрын

I read your book！ so valuble and useful. Actually many Japanese people read your book. The Psychology of Money is so famous in Japan too! Thank you so much.

@MICEVVV Жыл бұрын

This is eye opening to say the least, and it confirms my suspicions of get rich if you do this or do that. In essence, investing is more like giving up time and life in order for the world to know about you. And if someone thinks for a second that 100 billion dollars is more precious than your time, for me is a fool. Best video so far, keeps things real.

@SweatYourAssets Жыл бұрын

HI. I guess you refer to the story of Warren Buffett. Indeed, there are different ways to secure your financial freedom. As you say, it does not make sense to do it to the detriment of your time and life. That's why I tend to value passive investing. Still, I enjoy spending a small amount of time and money on active investing, for educational and intellectual purposes. All the best.

@MICEVVV Жыл бұрын

@@SweatYourAssets Indeed, I was thinking of Buffett. Everyone must determine how much is enough, and after that maybe spend more than before. Active investing is what made me do only passive investing, but yes, we are all free to play on the piano called stock market.

@arnabbhattacharya6579 Жыл бұрын

Play at 0.75x for better understanding

@SweatYourAssets Жыл бұрын

thanks for the suggestion. Indeed, Morgan speaks very fast 🙂

@no_more_spamplease5121 9 ай бұрын

I disagree. Your configuration is not optimal for everybody. I'm not a native English speaker, yet I understood him just fine by playing at 1.5x.

@talibibrahim1117 Жыл бұрын

short term players cannot follow your advice

@SweatYourAssets Жыл бұрын

hi Talib. You are right, short-term players play a totally different game.

@richardgray8680 Жыл бұрын

Why do you think you will live fifty years?

@SweatYourAssets Жыл бұрын

I believe he was using himself as a benchmark, someone in his thirties (33 years old in 2023), forecasting the classic 80 years old average in developed countries.