In this 5 February 2026 published Modern Wisdom video, host Chris Williamson talks with Morgan Housel, a partner at The Collaborative Fund, an investor and an author. Why is spending money well a skill most people never learn? In a world obsessed with saving, why does saying “it’s okay to spend” still feel taboo? What can high performers teach us about investing not just money, but time, energy, and attention wisely?
A quick way to tell if a firm is at capacity isn’t the number of clients on the roster. It’s the number of times your team says, “I already asked for that,” in a single day. The work itself usually isn’t the issue. The issue is the loop around the work: document chasing, status checking, repeating the same requests, and rebuilding context every time a job changes hands.
