137 - The Psychology of Crypto with Morgan Housel

Morgan is an avid student of markets and psychology. And Morgan articulately blends these two perspectives (and all of the many crypto parallels) together to give us timeless lessons on wealth, greed, happiness, and how to invest.

This is another classic Bankless fundamentals episode that you won’t want to miss.

TIMESTAMPS

0:00 Intro

4:49 Morgan’s Background

6:25 Crypto Investing Isn’t Unique

8:31 Psychology of Investing

15:22 Toxic Relationship with Money

22:14 Is it Bad to Talk About Money?

24:34 Nothing is Free in Crypto

34:05 How to Adapt to Volatility

39:45 No One is Crazy

45:52 Luck vs. Risk

51:38 Have Enough

55:25 Freedom

1:00:34 Compounding

1:04:24 Getting vs. Staying Wealthy

1:08:50 Reasonable vs. Rationale

1:13:28 People Change

1:15:33 Pessimism

1:19:33 Closing & Disclaimers

RESOURCES

Morgan Housel on Twitter

https://twitter.com/morganhousel

The Psychology of Money: Timeless lessons on wealth, greed, and happiness

https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681/