The Meb Faber Show · Friday, July 10, 2026
Dr. Joseph Moore stresses a fundamental distinction between saving and investing, stating that genuine wealth creation requires putting money to work through smart and strategic investments. He references his grandfather's advice, 'never save money, get it out of your hands as fast as you can,' to highlight the active nature of building wealth. Moore believes historical lessons are crucial for making better financial decisions today.
“My grandfather always told me, he said, 'Son, never save money. Get it out of your hands as fast as you can.' And I think that's the core of what I try to convey in this book.”
“That there's a difference between saving money and investing money. And if you want to build wealth, you have to invest your money. You have to put it to work for you.”
“I wrote this book because I believe that the lessons of history are incredibly valuable. And if we can learn from the mistakes and the successes of the past, we can make better decisions in the present.”