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Show notes: https://tim.blog/2022/03/01/morgan-housel-the-psychology-of-money/

00:00 Start
02:28 Warren Buffett vs. Jim Simons
09:36 Warren Buffett & Charlie Munger
16:58 Financial advice for parents
25:04 Dad’s unorthodox career move
31:36 Morgan’s career path
52:38 On risk
57:43 Fin tweeting heavy hitters
01:06:42 Mistakes and uncertainty
01:31:26 Peace of mind over profit
01:38:43 Ruining children with money
01:46:36 Good biographies and memoirs
01:50:54 Financial panic, temptations, and long hauls
02:09:48 Journalists to trust
02:16:25 Great books + writing advice
02:40:19 Truth vs. good marketing
02:50:30 Money is dopamine and cortisol
02:53:35 Future innovations
02:56:55 Recommended websites
02:59:07 Pay more attention to these

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LINK TO ALL SHOW TRANSCRIPTS: https://tim.blog/2018/09/20/all-transcripts-from-the-tim-ferriss-show/

About Tim Ferriss:
Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 500 million downloads and been selected for “Best of Apple Podcasts” three years running.

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