3324: The Triumph of Logos by Nick Maggiulli of Of Dollars And Data on Logic Over Emotion in Money Decisions
Nick Maggiulli explores how the personal finance world is shifting from emotional storytelling and appeals to authority toward logic-driven, evidence-based insights
Optimal Finance Daily - Financial Independence and Money Advice · Optimal Living Daily | Diania Merriam
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Show Notes
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Episode 3324:
Nick Maggiulli explores how the personal finance world is shifting from emotional storytelling and appeals to authority toward logic-driven, evidence-based insights. By comparing this evolution to the transformation seen in martial arts through the rise of the UFC, Maggiulli shows why data, not dogma, is now winning hearts, and portfolios.
Read along with the original article(s) here: https://ofdollarsanddata.com/the-triumph-of-logos/
Quotes to ponder:
"Old, flawed ways of thinking will be pushed out by new data and evidence."
"It’s the feeling of knowledge that must be preserved, not the fact of it or lack thereof."
"Most millionaires don’t have huge houses, fancy cars, nor a caviar addiction."
Episode references:
Think and Grow Rich: https://www.amazon.com/Think-Grow-Rich-Landmark-Bestseller/dp/1585424331
The Millionaire Next Door: https://www.amazon.com/Millionaire-Next-Door-Surprising-Americas/dp/1589795474
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