Support the channel by getting The Psychology of Money by Morgan Housel here: https://amzn.to/3aTPV3a As an Amazon …
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Want to know more about human psychology and its relation to money? Check out my top 10 (!) takeaways from Thinking Fast and Slow by Daniel Kahneman here: https://youtu.be/cuj2Kq8rvGw
Also, for my private stock portfolio & revealing insights into my investment strategy, head over to: https://www.patreon.com/TheSwedishInvestor
thank for education
The 'pay the price' concept is crucial. I think a lot of new investors underestimate the emotional toll of a 20-30% drawdown. It's not just about math, it's about whether you can sleep at night and avoid panic selling.
Morgan Housel's distinction between 'Being Rich' (current income) and 'Being Wealthy' (freedom) is the most important lesson in modern finance. Thanks for visualizing it so perfectly. Great summary!
Great video
Really?😂❤
janitor that earned 8 million?
his opened my eyes. Also found a smaller channel called Victor Sharp that breaks things down really well.
Who is watching in 2025
Gather here let's make a new money choice 😮
Engineers work hard… but most of them never become wealthy.
Why?
In this video, we explain the “Engineers Money Paradox” and the simple steps you can take to finally build real wealth — even if you’re a technical professional.
▶ What you’ll learn:
• Why engineers struggle with money
• The mindset problem
• The missing financial education
• The importance of planning
• Simple investments for beginners
• How to build extra income as an engineer
https://youtu.be/ctdLy4B269U?si=lrXKMSBEhm8Blv0Y
Such a helpful video, I learned a lot in just a few minutes
Hello! Need help with ByBit WEB3 wallet for Chrome extension with adress: ( burst day midnight giraffe gravity execute scheme inflict slide ship plate equip ). Can someone assist?
Nice
7:41 — “Ronald Read didn’t beat Wall Street with IQ — he beat it with discipline. So why do most people still lose? It’s not lack of knowledge — it’s addiction to comparison. The moment they see a neighbor ‘10x,’ they abandon their plan, go all-in, and burn out. Investing doesn’t need genius — it needs the guts to endure a -50% drop and stay put.”
But u have to be
This was very calming.
This book completely changed how I think about wealth and happiness — it’s not about numbers, it’s about mindset
"behaviour with money is oftentimes more important than how intelligent you are" so need to save all the earnings and leave like a poor whole life, like Ronald just for die with 8 milion $?
never posted a comment after watching a vedio – this guy has done a great job highlighting that essential of money lies in attitude rather than financial courses/ education ewgrb
such an amazing video
I really liked that at the end he said "That's it for today but that's not it from Morgan Housel :- Actually he promoted young generation and viewers to read book as well rather simply relying digitally to short 15 min online video….. I really appreciate the youtuber❤️
BTW this book is a WalMart exclusive as of when I bought it a year ago I thought I'd just toss that in there
good
Me coming here after the crypto crush 😢
💰 Money is a tool — it can build or destroy, depending on the hands that hold it
I�m learning so much from you.
Thank you for the summary of this excellent book!!
$8M dollars? Saved for what? No point being the richest person in the graveyard
Great one
You can waste time, or you can stack Schmickles with real money skills 💸.
Most people waste years before learning how to build real money skills… I call it stacking Schmickles 💸.
Sino pumunta didto dahil kay soy?
Dead with unspent $8 millions? What is the point?
awesome
Hey you, yes you reading this—don’t give up. 💛 Life can feel like pushing a boulder uphill, but you’re stronger than you realize. When I first heard about Manifest the Unseen by Luna Rivers on a podcast and then read it, something shifted for me. It brought me clarity, peace, and so many unexpected blessings. Maybe this is exactly what you need right now. Wishing you a wonderful day ✨
Saving for whom you do not know,not even for your own relatives,they will enjoy what you had earned.😂
script 👍
COvid was not a black swan it was a white swan. 1929 Pandemic
Your channel has been a big source of inspiration for my own content journey.
I think going to trade school and then making a good amount as say HVAC or plumbing , and then going to school and paying without loans as much as possible is the best way these days. Otherwise a lot falls onto the parents, and then if they aren't prepared, the cycle of poverty and lack of higher education could continue. The trades are a better way out than the military imo, if you're able to choose that path.
why would you compare when you could connect and be friends? weird.
I follow since your first video and you are amazing! Only one question. Your videos are amazing, what kind of software or app do you use?
Thank you to reply!
Did he able to enjoy his 8M? No! Coz he died working and saving..