"Finance is going to affect everybody no matter what field you go into. And it's almost not taught at all [in schools]."

That's what Motley Fool columnist Morgan Housel tells host Matt Trogdon in the latest episode of Out On a Limb. It's a theme Housel covered extensively in his recent column, "Finance is a Strange Industry."

Housel also mentioned that, when finance is taught in college, it's primarily taught as a math-based field:

In the real world, investing in particular is almost entirely a psychology-based field. It's not the math nerds that win. It's the people that have control over their emotions. And that's almost never taught in school.

Watch the video below for more of Housel's insights on how students should be taught in order to succeed as investors.

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