Morgan Housel shares timeless money lessons, the biggest financial mistakes people make, and how AI, automation, and social media are reshaping investing. He also reveals insights from top investors and the key to building and keeping wealth. Nandita Khemka and Ashish Rukhaiyar caught up with the author of The Psychology of Money at Moneycontrol’s Global Wealth Summit.
The bestselling author says that he has nothing against active investing, but wants to maximise endurance, strength, and longevity when investing.
In 'Same As Ever' Morgan Housel argues that understanding timeless aspects of human behaviour—such as responses to greed, fear, opportunity, and risk—can provide invaluable insights.
Housel emphasised on the importance of compounding in investing and said it is not something that you could go to school for and become an expert.