# The Test Most Investors Will Fail In This Next Market Crash | Wise Investor Segment

Page: https://stenobird.com/podcast/millionaire-mindcast-50917/the-test-most-investors-will-fail-in-this-next-market-crash-wise-investor-segment
Text version: https://stenobird.com/podcast/millionaire-mindcast-50917/the-test-most-investors-will-fail-in-this-next-market-crash-wise-investor-segment.md
Podcast: [Millionaire Mindcast](https://stenobird.com/podcast/millionaire-mindcast-50917)
Published: 2026-03-27T12:00:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/millionaire-mindcast/episodes/The-Test-Most-Investors-Will-Fail-In-This-Next-Market-Crash--Wise-Investor-Segment-e3gpvdu
Audio file: https://anchor.fm/s/105c8b1d4/podcast/play/117291902/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-2-22%2F420518447-44100-2-0bceef3c01d22.mp3
Processing state: not_requested
JSON: https://stenobird.com/v1/public/podcasts/millionaire-mindcast-50917/episodes/the-test-most-investors-will-fail-in-this-next-market-crash-wise-investor-segment
Duration seconds: 1651

## Resource

In this episode of the Wise Investor Segment, host Matty A breaks down the silent killer that destroys more wealth than bad deals and bad markets combined: ego. Through the tale of two contrasting investors during the 2008 financial crash, Matty A reveals why the individuals who survived and thrived weren't necessarily the smartest or most well-connected. The true survivors were those willing to check their egos at the door, downsize their lifestyle, cut overhead, and get liquid early before they were forced to do so . What We Cover: The 2008 Reality Check: The story of "Mike and Dave" and how the inability to downsize an identity led to bankruptcy for flashier investors . Hidden Wealth: Insights from Morgan Housel's The Psychology of Money on why spending money to show people how much you have is the fastest way to have less money . The Danger of Stubbornness: Why intelligent and successful people often hold onto losing investments for too long because selling at a loss feels like admitting a mistake. Strategic Defense: Why shifting strategies, getting lean, and quietly shoring up positions is the key to playing the long game and being ready to strike when others are fearful . Episode Sponsored By: Discover Financial Millionaire Mindcast Shop : Buy the Rich Life Planner and Get the Wealth-Building Bundle for FREE! Visit: https://shop.millionairemindcast.com/ CRE MASTERMIND : Visit myfirst50k.com and submit your application to join! FREE CRE Crash Course: Text “FREE” to 844-447-1555 FREE Financial X-Ray: Text "XRAY" to 844-447-1555

## Actions

- request_transcript: `POST https://stenobird.com/v1/public/podcasts/millionaire-mindcast-50917/episodes/the-test-most-investors-will-fail-in-this-next-market-crash-wise-investor-segment/transcription-requests` — Idempotently request low-priority transcript generation for this episode.
- read_markdown: `GET https://stenobird.com/podcast/millionaire-mindcast-50917/the-test-most-investors-will-fail-in-this-next-market-crash-wise-investor-segment.md` — Read the agent-friendly Markdown representation of this episode resource.

A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed.

## Transcript

Full transcripts are not published on public pages unless there is a clear rights basis.