Sam Harris speaks with Morgan Housel about the psychology of money and investing. They discuss how personal history shapes one's view of economic risk, the implications of not understanding the future, being rich vs being wealthy, how we measure success, the problem of social comparison, happiness vs life satisfaction, saving and investing, Warren Buffett and the power of compounding, rational vs reasonable decisions, the role of luck, optimism vs pessimism, dollar-cost averaging, and other topics. If the Making Sense podcast logo in your player is BLACK, you can SUBSCRIBE to gain access to all full-length episodes at <a href="http://samharris.org/subscribe">samharris.org/subscribe</a>. Learning how to train your mind is the single greatest investment you can make in life. That's why Sam Harris created the <a href="http://wakingup.com/">Waking Up</a> app. From rational mindfulness practice to lessons on some of life's most important topics, join Sam as he demystifies the practice of meditation and explores the theory behind it.

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#287 — Why Wealth Matters

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Sam Harris Episodes Around July 5, 2022

#274 — The Future of American Democracy

Special Episode: Recipes for Future Plagues

Absolutely Mental Season 3

#275 — The Russian War in Ukraine

#276 — Defending the Global Order

#277 — How Does the War in Ukraine End?

#278 — The Man Who Will Be King

#279 — The Rules of the Stage

#280 — The Future of Artificial Intelligence

#281 — Western Culture and Its Discontents

#282 — Do You Really Have a Self?

#283 — Gun Violence in America

#284 — The Funny Business

#285 — American Division

#286 — The Paradox of Psychedelics

#287 — Why Wealth Matters

#288 — The End of Global Order

#289 — Time Management for Mortals

#290 — What Went Wrong?

#291 — Where is Happiness?

#292 — How Much Does the Future Matter?

#293 — What I Really Think About Trump and Media Bias

#294 — Status Games

#295 — Philosophy and the Good Life

#296 — Repairing Our Country

#297 — Preparing for the End

#298 — Leaving the Faith (Rebroadcast)

#299 — Steps in the Right Direction

#300 — A Tale of Cancellation

#301 — The Politics of Unreality: Ukraine and Nuclear Risk

#302 — Science & Civilization

Summary