In Chapter 2 of The Psychology of Money, Morgan Housel explores the blurred lines between luck, skill, and risk in building wealth and making financial decisions. Drawing on historical figures like Cornelius Vanderbilt and real-world investing scenarios, the video highlights how even sound strategies can yield poor outcomes—and why that doesn’t make them bad decisions. Learn how to assess financial risks, understand the role of luck in market performance, and build long-term success through consistent, prudent choices. At Provista Wealth Advisors in Greenville, SC, we help clients make confident decisions—regardless of what the market brings.