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Aug 2023
12m 12s

The Lifecycle of Greed and Fear

Morgan Housel
About this episode

All greed starts with an innocent idea: that you are right, deserve to be right, and are owed something for the efforts you put into establishing your beliefs and opinions. 

It’s a reasonable feeling. But it sets off a chain reaction that leads to an inevitable boom-and-bust cycle. 

This episode explores one of the most important topics in investing: the lifecycle of greed and fear, and why it cannot, and will not, ever go away. 

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