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Masters in Business · 2025-11-21 · 79 min · 16,163 words

The Art of Spending Money with Bestselling Author Morgan Housel

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AI is entering its most consequential phase where scale, safety and sovereignty will determine who leads and who lags. Join Bloomberg Tech in London on November 2nd and 3rd as global leaders across business, finance and policy examine the defining trade-offs shaping the future of AI. Thank you to our presenting sponsor Salesforce and supporting sponsors IDA Ireland and Schneider Electric. Learn more at BloombergLive.com slash Tech London. Bloomberg Audio Studios podcasts radio news.

This is Masters in Business with Barry Rittholz on Bloomberg Radio. On the latest Masters in Business podcast, My Conversation with Morgan Housel, I've known Morgan for, I don't know, 15 years, and I've loved all of his writing. and his books, uh, The Psychology of Money is is one of the best, bestsellers in all of personal finance, coming up on 10 million copies sold, amazing, same as ever, timeless stories about human nature. The new book, The Art of Spending Money, Simple Choices for a Richer Life, drops today. I thought this conversation is one of our best.

Morgan is a deeply thoughtful person. Everything he says comes from both experience and academics. I I love the way he puts stories together with uh lessons. I thought the conversation was fascinating and I think you will also, with no further ado, my conversation with author Morgan Housel.

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