TIP602: Same as Ever w/ Morgan Housel

  • Thread starter We Study Billionaires - The Investor’s Podcast
  • Start date
W

We Study Billionaires - The Investor’s Podcast

Guest
On today’s episode, Clay is joined by Morgan Housel to discuss his newest book, Same as Ever, and uncover the key themes in financial history that have never changed.

Morgan Housel is a partner at The Collaborative Fund. He’s the New York Times Bestselling author of The Psychology of Money and Same As Ever. His books have sold over 4.5 million copies and have been translated into more than 50 languages. He also serves on the board of directors at Markel.



IN THIS EPISODE, YOU’LL LEARN:

00:00 - Intro

02:34 - The key themes that seem to never change throughout history.

04:37 - Why the world is much more fragile than we’re led to believe.

09:04 - Why the biggest risk is the one you don’t see coming.

24:49 - The true power of exceptional storytelling.

23:28 - The importance of thinking probabilistically.

27:00 - Why every stock valuation is a number from today multiplied by a story about tomorrow.

27:32 - Why successful stock picking is about so much more than the numbers.

29:22 - Why market extremes such as the meme stock craze are not unnatural, and they should actually be expected.

32:19 - Morgan’s investment approach.

38:21 - Why most investor’s biggest advantage is patience.

41:31 - Why most competitive advantages eventually die.

51:33 - How the world’s most successful people utilize inefficiency and slack to achieve more.

55:43 - Why Morgan writes for an audience of one.



Disclaimer: Slight discrepancies in the timestamps may occur due to podcast platform differences.



BOOKS AND RESOURCES




NEW TO THE SHOW?​




SPONSORS

Support our free podcast by supporting our sponsors:




HELP US OUT!

Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm


Learn more about your ad choices. Visit megaphone.fm/adchoices

Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Continue reading...
 

Similar threads

W
Replies
0
Views
14
We Study Billionaires - The Investor’s Podcast
W
W
Replies
0
Views
10
We Study Billionaires - The Investor’s Podcast
W
W
Replies
0
Views
10
We Study Billionaires - The Investor’s Podcast
W
W
Replies
0
Views
13
We Study Billionaires - The Investor’s Podcast
W
W
Replies
0
Views
10
We Study Billionaires - The Investor’s Podcast
W
Back
Top