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Getting Rich vs. Staying Rich

Getting Rich vs. Staying Rich

FromThe Morgan Housel Podcast


Getting Rich vs. Staying Rich

FromThe Morgan Housel Podcast

ratings:
Length:
24 minutes
Released:
Mar 23, 2023
Format:
Podcast episode

Description

Getting rich and staying rich are two different skills. They are often conflicting skills, so many people focus on one or the other. But you need both to do well over time. This episode tells a 100-year-old story of two investors, neither of whom knew each other, but whose fates converged during the same week in the 1920s. It shows why a barbell personality of optimistic on one hand, and paranoid on the other, is vital to success. 
Released:
Mar 23, 2023
Format:
Podcast episode

Titles in the series (41)

The Morgan Housel Podcast -- timeless lessons on wealth, greed, and happiness.