Investing in Happiness

Money has the unique ability to move economic value through time; money made from work done today can be used to fund spending in the future. Time and money are both finite resources that we have to make allocation decisions about on a daily basis. There is no objectively optimal way to allocate time and money, but I am going to argue that for human investors these decisions should be anchored in the objective of living a happy life, so we need to know where happiness comes from.

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The video on this page was originally recorded in August 2021 and is republished here with permission of Ben Felix. No further republication or redistribution is permitted without the written consent of Ben Felix.