Morgan Housel(Note: Morgan Housel will be on HalfTime Report today at 12:35 PM ET and on ETF Edge at 1:10 PM.
To give you an idea of how big that is, a typical financial book will sell roughly 5,000 copies.
Now Housel is back with a second book, "Same As Ever: Timeless Lesson on Wealth, Greed and Happiness."
Housel cites Charlie Munger, who noted that the world isn't driven by greed, it's driven by envy.
Today's economy is good at generating three things: wealth, the ability to show off wealth, and great envy for other people's wealth."
Persons:
Morgan Housel, Twain, Bill Gates, Gates, Morgan, Housel, Charlie Munger, Nassim Taleb, Elon Musk, Steve Jobs, Walt Disney, —
Organizations:
Collaborative Fund, Edge, Lakeside High School, National War Labor Board, Rolex
Locations:
Seattle, California