Why 99% of Smart People Stay Poor The Ego Trap

In 1720, Isaac Newton—the smartest man alive—lost a fortune. He could calculate the motions of heavenly bodies, but he couldn't calculate the madness of men. This isn't just a history lesson. It’s a warning. Most high-achievers fall into a specific psychological pitfall known as "The Ego Trap." It’s the subtle, invisible belief that your IQ entitles you to higher returns. It’s the voice that tells you to trade when you should sit still, and to analyze when you should surrender. In this video, based on the wisdom of Morgan Housel, we deconstruct: historical examples of geniuses who went broke. The story of the IRS auditor who quietly amassed $22 million. Why "Soft Skills" beat technical analysis every time. How to escape the trap of needing to be "right." Wealth is not a measure of intelligence. It is a measure of behavior. Watch the full video here: ►    • Why 99% of Smart People Stay Poor The Ego ...   Share this video: ►    / @morganhouselinsights   👍 Leave a Like — it truly supports the channel 📥 Comment "SURVIVE" if you are playing the long game 🔔 Share this video with someone who needs financial clarity today If you enjoyed this content, subscribe for more insights on building wealth, mastering your mindset, and the psychology of money. #MorganHousel #PsychologyOfMoney #Investing #Recession #FinancialFreedom #WealthMindset #PersonalFinance #MoneyTips #EconomicCrisis #LongTermInvesting #Stoicism #FinancialEducation #MorganHousel #PsychologyOfMoney #PersonalFinance #WealthMindset #FinancialFreedom