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Morgan Housel

What Morgan Housel thinks about Microsoft

@morgan-housel · 24 positions · 0 changes of mind

Partner at Collaborative Fund and author of The Psychology of Money. Writes short essays about how people actually behave with money, rather than about what markets will do next.

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1 dated position, 2024, in their own words. Our reading of what Morgan Housel has said — not written or endorsed by them.

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  1. the example that I always use is Bill Gates when he started Microsoft took the most audacious entrepreneurial swing that maybe anyone's ever taken of saying every desk in the world needs a computer on this and he's saying this in 1974 whatever it was crazy amount of risk crazy bold Vision at the same time he said that he always wanted Microsoft to have enough cash in the bank to make payroll for one year with no Revenue which is the most conservative pessimistic way to run a business so he's like very risk-taking and very conservative paranoid at the same time very good at getting rich very good at staying Rich at the same time

    ↗Morgan Housel: What You Need to Master (And Avoid) to Get Rich, Stay Rich, and Build Wealthyoutube.com 10th of 12 in this recording