Moneycontrol PRO
HomeNewsBusinessThe Wealth Mindset: Lessons from Bestselling Authors at GWS 2025

The Wealth Mindset: Lessons from Bestselling Authors at GWS 2025

Both Housel and Pink’s insights, when included in the investing behaviours of attendees of Moneycontrol GWS 2025, can be a great lesson drawn.

April 11, 2025 / 22:04 IST
Attendees interested in establishing the wealth mindset can explore Moneycontrol’s YouTube channel and watch the sessions from GWS 2025.

Financial success doesn’t just come from investing a portion of your earnings, it pertains to the investors’ mindsets while investing. The strategies applied to map-out investments, timeframes, and investor behaviour all play a crucial role in achieving successes.

To help viewers dive deeper into the realm of wealth mindset and management, Moneycontrol Global Wealth Summit 2025’s sessions were extremely informative. Here are our top two picks for you:

1. Decoding the Psychology Behind Financial Decisions: Morgan Housel

Best-selling author Morgan Housel shared his outlook on laypeoples’ investing decisions. According to him, major attention should be paid to understanding the psychological and emotional factors that encourage investor behaviour.

Housel revealed that when trying to make rational investment decisions, emotions like greed and fear must be kept in check. This is especially important in the case of market downturns where fear compels investors to sell their assets prematurely, whereas in markets that are booming, greed may force them into looking at excessive risks.

He also emphasized on “financial resilience”, indicating investors to stay ahead of unanticipated events. Diversifying portfolio can be a potential solution to this. Morgan also touched upon the role of societal influences namely, peer behaviour and media, when making investment decisions. He recommended investors to limit drawing attention to external noise and focus on their own financial goals during the same.

2. Turning Past Mistakes into Future Gains

Renowned author Daniel H. Pink shared insights and experts from his book on The Power Of Regret. He pointed out how regret can affect the process of our professional and personal growth.

Pink challenged the idea of experiencing “no regrets.” He was of the opinion that embracing our regrets can help us advance both professionally and personally, while empowering better decision-making.

According to Pink, there are four major categories of regret: Boldness regrets (Pertaining to missed opportunities), Connection regrets (Emphasising neglected relationships), Foundation regrets (Failure in planning or responsibility), and Moral regrets (actions that go against a person’s values). Understanding these categories and identifying the regret one experiences more frequently can be a productive way to learn from their actions.

Pink also introduced attendees to the three-step process of transforming their regret into a positive experience: Self-distancing (evaluating regrets from an objective point of view), self-disclosure (talking about regrets to reduce their burden), and self compassion (to treat one’s self kindly). This approach, when followed systematically, can be very successful in deriving great learning lessons and applying them in future endeavours.

Conclusion

Both Housel and Pink’s insights, when included in the investing behaviours of attendees of Moneycontrol GWS 2025, can be a great lesson drawn. Attendees interested in establishing the wealth mindset can explore Moneycontrol’s YouTube channel and watch the sessions from GWS 2025.

Team Moneycontrol
first published: Apr 11, 2025 10:03 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347