# Morgan Housel

Markdown copy of https://realalpha.app/people/morgan-housel/ on Real Alpha, the best minutes from long interviews with the people building AI. Cite and link the page, not this copy.

Real Alpha has cut 3 moments of Morgan Housel (Partner, Collaborative Fund) talking, from 2 interviews on TBPN and Prof G Markets, the latest published Jul 13, 2026.

- Role: Partner, Collaborative Fund
- About: Wrote The Psychology of Money and Same as Ever, bestselling books on behavior, investing and how people think about money.
- On X: https://x.com/morganhousel

## What Morgan Housel said

- [Rising home prices don’t always make homeowners wealthier](https://realalpha.app/s/rising-home-prices-dont-always-make-homeowners-wealthier/)
  TBPN · Jul 13, 2026 · 7 min
  > “I think we've done a lot of damage to Americans by convincing them that rising home prices are a good thing and they make them wealthier.” — Morgan Housel · [1:30:58](https://realalpha.app/v/pOjrLPEMPSg/?t=5458)
- [Financial independence is about choosing your problems](https://realalpha.app/s/financial-independence-is-about-choosing-your-problems/)
  TBPN · Jul 13, 2026 · 7 min
  > “I always think the purpose of financial independence is to get to choose your problems” — Morgan Housel · [1:40:54](https://realalpha.app/v/pOjrLPEMPSg/?t=6054)
- [Treat bonuses as variable money, not income you rely on](https://realalpha.app/s/treat-bonuses-as-variable-money-not-income-you-rely-on/)
  Prof G Markets · Dec 19, 2024 · 5 min
  > “people live off their salary, play with their bonus and retire on their stock.” — Morgan Housel · [13:23](https://realalpha.app/v/CNJgBFnaiSc/?t=803)

## The 2 episodes

- [Apple vs OpenAI, Mustard Controversy, Mark Gurman, Alexis Ohanian, & Morgan Housel Join](https://realalpha.app/v/pOjrLPEMPSg/) · TBPN · Jul 13, 2026
- [How to Make the Most of Your Money in the New Year — ft. Morgan Housel| Prof G Markets](https://realalpha.app/v/CNJgBFnaiSc/) · Prof G Markets · Dec 19, 2024