Morgan Housel
Partner at Collaborative Fund and author of The Psychology of Money, Same As Ever and The Art of Spending Money. Writes essays on investor behavior and posts frequently on X.
Morgan Housel did not write this page. What is this?
It collects the places they publish and what they have said there, each linked to the source. They have no account here. Is this you? Claim it, correct it, or ask us to remove it from ppll.
Where they publish
Blog Collaborative Fund His author page at the firm's blog. No per-post byline in the feed, so listed as a fixed shelf.
Essays on investor behavior, risk and how people actually think about money, at the venture firm where he is a partner. The firm's blog has several writers and its feed carries no per-item author, so an automatic feed would mix in their posts; these six are listed by hand instead.
Links
- Long-Term Money 2 Apr 2026
- A Few Things I'm Pretty Sure About 6 Jan 2026
- My New Book: The Art of Spending Money 3 Sept 2025
- Little Rules About Big Things 13 Aug 2025
- What A World (A few Stories) 4 Aug 2025
- Very Bad Advice 12 Jun 2025
Link verified 8 Sept 2026.
Beliefs
Korrents What they believe 12 beliefs — each backed by an exact quote.
Each is a — compiled by korrents.com, not by them: the one-line wordings are korrents', the quotes are theirs.
Recent
Most of society’s problems run downstream of housing affordability.
I think the majority of society problems are all downstream of housing affordability.
A Few Things I’m Pretty Sure About Said 6 Jan 2026
The right response to housing costs is to build millions more homes as fast as possible.
Every economic issue is complex, but this one seems pretty straight forward: we should build more homes. Millions of them, as fast as we can.
A Few Things I’m Pretty Sure About Said 6 Jan 2026
The internet is unusual among universal technologies in having made about as much worse as it made better.
The internet is unique in the history of technology because there’s a list of things it improved (communication, access to information) but another list of things it likely made worse for almost everybody
A Few Things I’m Pretty Sure About Said 6 Jan 2026
Show 9 more
Cycles are hard to predict because forecasters extrapolate in straight lines and cannot see the forces undoing the present.
Cycles are so hard to predict, because it’s easier to forecast in straight lines.
A Few Things I’m Pretty Sure About Said 6 Jan 2026
When most people expect a top-five-per-cent outcome, mass disappointment is guaranteed.
But when a majority of people expect a top 5% outcome the result is guaranteed mass disappointment.
A Few Things I’m Pretty Sure About Said 6 Jan 2026
Debt is best understood as narrowing the range of outcomes you can survive, not as a cost of capital.
I think this is the most practical way to think about debt: As debt increases, you narrow the range of outcomes you can endure in life.
How I Think About Debt Said 30 Apr 2024
The real price of debt is paid in options and flexibility, which is the asset that matters most.
you start to see it as a constraint on the asset that matters most: having options and flexibility
How I Think About Debt Said 30 Apr 2024
When learning from someone successful, copy only what is repeatable; the rest of their success cannot be reproduced.
It’s so important to know the difference between the two when attempting to learn from someone. You want to try to emulate skills that are repeatable.
Lucky vs. Repeatable Said 7 Apr 2024
Market history teaches why things behave as they do, never what happens next, because the details never repeat.
you want to learn the big lessons about why things behave the way they do without assuming the past is a direct guide to the future, because it’s not – most of the details are not repeatable
Lucky vs. Repeatable Said 7 Apr 2024
Money is used either as a tool for a better life or as a yardstick of status, and most people aim at the first while chasing the second.
There are two ways to use money. One is as a tool to live a better life. The other is as a yardstick of status to measure yourself against others.
A Few Thoughts on Spending Money Said 31 Jan 2024
Unspent money buys freedom and control over your own time, which is what makes saving worth more than whatever it could have bought.
Unspent money buys something intangible but valuable: freedom, independence, autonomy, and control over your time.
A Few Thoughts on Spending Money Said 31 Jan 2024
There is no objective level of wealth: how rich you are is always a judgement made against someone else.
There is no such thing as an objective level of wealth. Everything is relative to someone else.
A Few Thoughts on Spending Money Said 31 Jan 2024
What is a korrent?
A korrent is a belief a person has stated in their own words: one sentence stating the claim, backed by a quote and a source, kept at korrents.com.
Under a name here, the quoted block is what they actually said. The korrent beneath it is the claim those words support, in korrents' wording — tap it to see the record, its source, and who else holds it.
Nobody here wrote their own korrents. They are compiled from public statements, and a person can change their mind, which is recorded too.