cover of episode At the Money: What Never Changes with Money

At the Money: What Never Changes with Money

2024/11/6
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Barry Ritholtz
知名投资策略师和媒体人物，现任里特尔茨财富管理公司董事长和首席投资官。
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Morgan Housel
著名个人财务专家和行为金融学家，通过结合心理学和历史故事提供独特的财务见解。
Topics
Barry Ritholtz 指出，尽管时代在变迁，但许多与金钱相关的基本原则保持不变。他认为，理解历史和人类行为对于有效的金钱管理至关重要。 Morgan Housel 则深入探讨了这一主题，强调了在金融世界中，人类行为如何比具体事件更具预测性。他认为，与其试图预测市场波动等不可预测的事件，不如关注在不同情况下人类行为的一致性。Housel 还探讨了叙事在塑造人们对金钱的看法方面的力量，指出人们更容易被引人入胜的故事所左右，而不是数据和理性分析。他进一步解释了为什么低概率事件的发生频率比我们预期的要高，以及为什么管理预期对于实现财务幸福至关重要。

Deep Dive

Chapters
Barry Ritholtz and Morgan Housel discuss the consistency of human behavior over time, emphasizing that while events may differ, the responses to them remain remarkably stable.
  • Human behavior in response to risk and surprise has been consistent throughout history.
  • Understanding stable behaviors can help prepare for unpredictable events.

Shownotes Transcript

What would YOU like to hear about on Bloomberg? Help make shows like ours even better by taking our Bloomberg audience survey).

As much as our era seems to be unprecedented, Human nature is same as it ever was. Our behavior around risk and reward has been very consistent over the millennia. On this episode, Barry Ritholtz speaks with Morgan Housel, author of the book “Same as Ever: A Guide to What Never Changes.”  Together, they break down what never changes when it comes to money.

Each week, “At the Money” discusses an important topic in money management. From portfolio construction to taxes and cutting down on fees, join Barry Ritholtz to learn the best ways to put your money to work. 

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