logo
episode-header-image
Aug 12
53m 12s

Nick Murray: ‘The Investor Is Hardwired ...

MORNINGSTAR
About this episode

Our guest on the podcast today is Nick Murray. Nick has written several influential books about investing and financial advice, including The Game of Numbers, Simple Wealth, Inevitable Wealth, and his latest, This Time Isn’t Different. His newsletter for financial advisors is called “Nick Murray Interactive,” and he also frequently leads seminars for financial advice professionals. Nick started out at EF Hutton, then moved on to Shearson and eventually to Bear Stearns. Since then, he has built his career around advising financial advisors.

Background

About Nick Murray

Nick Murray Interactive newsletters

Books and E-Books

This Time Isn’t Different: Shockproofing Our Clients

The Game of Numbers: Client Acquisition for Financial Advisors 2010

Simple Wealth, Inevitable Wealth

Nick Murray’s Scripts: What to Say and How to Say It

Behavioral Investment Counseling

Talking It Over, Just The Two Of Us: A Guide for the Financial Advisor’s Life Partner with Joan Murray

Around the Year with Nick Murray: Daily Readings for Financial Advisors

Podcasts and More

“Financial Advisor Nick Murray,” Bloomberg Masters in Business podcast by Barry Ritholtz, Aug. 7, 2015

“The Man Who Saved My Career: How Nick Murray came along and showed me my true purpose in this business,” by Josh Brown, downtownjoshbrown.com, May 21, 2024

“The Value Proposition of a Financial Advisor With Nick Murray,” The Unlock podcast, May 21, 2024

“The Golden Door For Financial Advice With Nick Murray,” The Unlock podcast, May 31, 2024

“My Financial Planning Heroes: Nick Murray,” by Juniper team, juniperwealth.co.uk/blog, Jan. 1, 2025

“Nick Murray’s Hard Truths for Advisors” by Jane Wollman Rusoff, thinkadvisor.com, March 5, 2015

“Lessons Learned From the Legendary Financial Advisor Nick Murray,” Think Smart With TMFG podcast, Oct. 14, 2022

“Murray: Financial Healing,” Consuelo Mack Wealthtrack, May 6, 2016

Up next
Aug 19
Lawrence Lam: ‘The Types of Companies That Attract Me Are Founder-Led and Profitable’
Hi, and welcome to The Long View. I’m Dan Lefkovitz, strategist for Morningstar Indexes. Our guest this week is Lawrence Lam. Lawrence is managing director and founder of Lumenary Investment Management based in Melbourne, Australia, a firm that specializes in founder-led companie ... Show More
49m 19s
Aug 18
The Biggest Risk Investors Face Today
Today on The Long View, we’re featuring an episode from another Morningstar podcast, The Morning Filter, which you can subscribe to on Apple podcasts or wherever you get your podcasts.Usually, Susan Dziubinski sits down every Monday morning with Morningstar’s chief U.S. market st ... Show More
39m 16s
Aug 5
Charley Ellis: Indexing Is a Marvelous Gift
BackgroundBio“Charley Ellis: Why Active Investing Is Still a Loser’s Game,” The Long View podcast, Morningstar.com, May 27, 2020.Rethinking Investing: A Very Short Guide to Very Long-Term InvestingWinning the Loser’s Game: Timeless Strategies for Successful InvestingIndex Investi ... Show More
55m 19s
Recommended Episodes
May 27
How Nick Huber Stays Humble with a $50m Net Worth and 25k Burn
127 founders (net worth: ~$1M–$100M+) opened up their personal books. Want to see how your finances stack up? https://www.joinhampton.com/wealth-reportHe’s worth 8 figures, owns a private jet, and still tracks every dollar. Nick Huber says avoiding lifestyle creep is harder, and ... Show More
43m 57s
Dec 2024
How Much of a Good Thing is Too Much? Victor Haghani Interview
Victor Haghani started his career at Salomon Brothers and shortly after became a managing director in the bond arbitrage group run by John Meriwether. He was a founding partner of Long-Term Capital Management and established its London office. The failure of LTCM was a life-chang ... Show More
1h 24m
Aug 2024
"An Extreme Lifestyle" - Dan Bilzerian on Hedonism, Money, Politics and Israel as an Ally | PBD Podcast | Ep. 457
Patrick interviews Dan Bilzerian, a professional poker player and entrepreneur known for his lavish lifestyle and huge social media following. They discuss Dan's recent decision to step back from the spotlight to a "happier" life. The conversation covers the impact of constan ... Show More
1h 35m
Aug 2024
When Do You Tell Your Date You're Rich?
Dating is already weird and vulnerable, but when you’re wealthy, talking finances can feel like dropping a bombshell.In this episode, we explore the complexities of dating with significant wealth and how to handle the inevitable conversations about money.Today's guest, who we'll ... Show More
32m 3s
May 5
Making Money Online? Here’s What No One Tells You | Dion Pouncil & Brandon Bowsky 💰 EP120
Think making money online is easy? Think again. Dion Pouncil and Brandon Bowsky drop the truth no one else will—real talk on failure, sales, investing, and what it really takes to win online. Don’t miss this raw and unfiltered episode...---Dion Pouncil is a licensed futures trade ... Show More
52m 12s
Jan 2025
The $300 Million Exit That’s Funding Humanity’s Future with Bryan Johnson
Most people think Bryan Johnson just wants to live forever. They’re wrong. Bryan’s real goal is to leave a legacy that will last centuries. In this episode, we uncover the extraordinary vision of Bryan Johnson, an entrepreneur driven by the audacious mission to earn the respect o ... Show More
46m 21s
Dec 2024
Fed Predictions & Tech Expert Dan Ives on Bitcoin and Bull Markets
This week Money Rehab is being guest-hosted by Peter Tuchman, trader on the floor of the New York Stock Exchange and host of the MNN podcast Trade Like Einstein. In this last installment, he unpacks where the market ended the week after a rocky start and what moves he predicts th ... Show More
33m 37s
Sep 2024
Meet the Man Who Did Over $4B in Acquisitions - Roland Frasier 💵 EP 86
Roland is a "recovering attorney" and the co-founder and principal of five different companies recognized by Inc. Magazine as some of the fastest-growing in e-commerce, e-learning, real estate, and SaaS sectors. As a serial entrepreneur, he has founded, scaled, or sold more than ... Show More
32m 57s
Nov 2020
Science of Hitting: Alex on Buffett-style value, and #neversell with Tobias on The Acquirers Podcast
Alex is the man behind the Science of Hitting twitter account: https://twitter.com/TSOH_Investing His investment strategy: "Patience followed by pretty aggressive conduct."   Twitter: https://twitter.com/TSOH_Investing Website: https://www.gurufocus.com/news.php?author=The+Scienc ... Show More
51m 54s
Oct 2024
Top Money and Life Secrets from 25 Millionaires: What You Should REALLY Know
We just hit our 25th episode! To celebrate, we’re doing a special recap of the best lessons from all our past conversations. Sam’s looking back at the standout advice from founders, entrepreneurs, and experts who opened up about what really happens when you hit major financial su ... Show More
31m 5s