Podcasts about what never changes

The Men's Quartet sings "What Never Changes" during a worship service at Immanuel Baptist Church, Florence, Ky. Please visit us at 7183 Pleasant Valley Road Florence KY 41042, or call us at (859) 586-6829. Church links: Website: https://www.ibcflorence.com Daily Devotions: https://www.ibcflorence.com/devotions Free App: http://www.ibcflorence.com/ibc-app Our entire list of recent sermons: https://www.ibcflorence.com/recent-sermons Youtube: https://www.youtube.com/ibcflorence Facebook: https://www.facebook.com/ibcflorenceky Instagram: https://www.instagram.com/ibcflorence/ Podcasts: https://soundcloud.com/user-658781358 Live Stream: https://www.youtube.com/ibcflorence/live We would love to know how to pray for you! Romans 10:9 #ibcflorence #florenceky #kjvBible #church #Godisgood #northernkentucky #baptistchurch #savedbygrace #video

Ever thought about the power of timeless lessons in steering your journey through the unpredictable? Morgan Housel, a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, and winner of the New York Times Sidney Award, brings forth a treasure trove of wisdom with his latest book, Same as Ever: A Guide to What Never Changes. With a keen understanding of historical patterns and human behavior, he unveils the enduring principles that remain constant amid life's ever-changing landscape. Through relatable anecdotes and profound wisdom, Morgan provides readers with a roadmap to navigate the uncertainties of today by tapping into the timeless truths that have shaped generations.  In this episode of The Greatness Machine, Morgan engages in a thought-provoking conversation with Darius about the timeless insights explored in his latest book, Same as Ever. The discussion delves into historical examples, drawing parallels between economic collapse and social upheaval. Morgan also reflects on the concept of “calm plants the seed for crazy” and shares wisdom on navigating uncertainties. Topics include: Morgan shares how he got into writing during the 2008 economic downturn The importance of understanding and focusing on things that remain constant over time Morgan discusses the value of studying historical behaviors Why it matters to invest in preparedness rather than attempting to predict specific events Human nature and its struggle with understanding and accepting probabilities The importance of marketing, emotional appeal, and narrative in business success And other topics… Connect with Morgan: Website: https://www.morganhousel.com/ LinkedIn: https://www.linkedin.com/in/morgan-housel-5b473821/ Instagram: https://www.instagram.com/morganhousel/  Twitter: https://twitter.com/morganhousel/  Books: https://www.amazon.com/stores/author/B084ZNV1LR/allbooks  Connect with Darius: Website: https://therealdarius.com/ Linkedin: https://www.linkedin.com/in/dariusmirshahzadeh/ Instagram: https://www.instagram.com/whoompdarius/ YouTube: https://therealdarius.com/youtube Book: The Core Value Equation https://www.amazon.com/Core-Value-Equation-Framework-Limitless/dp/1544506708 Sponsored by: Huel: Try Huel with 15% OFF + Free Gift for New Customers today using my code greatness at ExpressVPN: Secure your online data today with ExpressVPN. Go to expressvpn.com/darius. Indeed: Get a $75 sponsored job credit to boost your job's visibility at Indeed.com/DARIUS. Shopify: Sign up for a $1/month trial period at shopify.com/darius.  Write a review for The Greatness Machine using this link: https://ratethispodcast.com/spreadinggreatness.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The Men's Quartet sings "What Never Changes" during a worship service at Immanuel Baptist Church, Florence, Ky. Please visit us at 7183 Pleasant Valley Road Florence KY 41042, or call us at (859) 586-6829. Church links: Website: https://www.ibcflorence.com Daily Devotions: https://www.ibcflorence.com/devotions Free App: http://www.ibcflorence.com/ibc-app Our entire list of recent sermons: https://www.ibcflorence.com/recent-sermons Youtube: https://www.youtube.com/ibcflorence Facebook: https://www.facebook.com/ibcflorenceky Instagram: https://www.instagram.com/ibcflorence/ Podcasts: https://soundcloud.com/user-658781358 Live Stream: https://www.youtube.com/ibcflorence/live We would love to know how to pray for you! Romans 10:9 #ibcflorence #florenceky #kjvBible #church #Godisgood #northernkentucky #baptistchurch #savedbygrace #video

Morgan Housel once looked back at his twenties as a carefree, simple time, living in a beautiful apartment with his wife. But she quickly reminded him how anxious he truly was. His nostalgia had erased the uncertainty he once felt, just like how investors look back at past market growth and assume success was inevitable. In this episode, Morgan explains why the past is never as clear as we remember and why the future won't be either. He also shares how entrepreneurs can build wealth despite uncertainty, the key to long-term success in the stock market, and practical strategies for sustainable financial planning. In this episode, Hala and Morgan will discuss:  (00:00) Introduction (02:14) Why Most Financial Resolutions Fail (04:06) Balancing Saving and Spending Habits (09:15) The Power of Long-Term Investing (13:30) Navigating Startup Risks Wisely (15:49) What Sets Genius Entrepreneurs Apart (18:50) Why Doubt Is Necessary for Entrepreneurs (22:23) How Hindsight Can Misguide Investors (29:22) Wealth Inequality in the Social Media Era (34:36) Turning Anxiety About the Future into Action (40:23) The Financial Mistakes We Keep Repeating (48:38) Elon Musk's Extreme Risk-Taking Strategy (50:42) Embracing Failure for Lasting Success (53:55) How Rumors Shape Financial Markets Morgan Housel is an investor, partner at The Collaborative Fund, and author of the New York Times bestsellers The Psychology of Money and Same As Ever. A former columnist for The Motley Fool and The Wall Street Journal, he simplifies complex financial ideas, emphasizing long-term thinking, compounding, and decision-making over market predictions. He is also a two-time Best in Business Award winner from the Society of American Business Editors and Writers. Connect with Morgan: Website: morganhousel.com  Linkedin: linkedin.com/in/morgan-housel-5b473821  Instagram: instagram.com/morganhousel  Twitter: x.com/morganhousel  Facebook: facebook.com/morgan.housel.5  Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify  Airbnb - Your home might be worth more than you think. Find out how much at airbnb.com/host Rocket Money - Cancel your unwanted subscriptions and reach your financial goals faster with Rocket Money. Go to rocketmoney.com/profiting Indeed - Get a $75 job credit at indeed.com/profiting    RobinHood - Receive your 3% boost on annual IRA contributions, sign up at robinhood.com/gold Factor - Get 50% off your first box plus free shipping when you use code FACTORPODCAST at factormeals.com/profiting50off  Active Deals - youngandprofiting.com/deals   Resources Mentioned: Morgan Housel: How to ACTUALLY Build Wealth, Investing to Gain Financial Independence | E266: youngandprofiting.co/4147SpO  Morgan's Book, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness: amzn.to/3EoljZ0  Morgan's Book, Same as Ever: A Guide to What Never Changes: amzn.to/4aOX7uV  Morgan's Podcast, The Morgan Housel Podcast: bit.ly/3EljBre  Key YAP Links Reviews - ratethispodcast.com/yap  Youtube - youtube.com/c/YoungandProfiting  LinkedIn - linkedin.com/in/htaha/  Instagram - instagram.com/yapwithhala/  Social + Podcast Services: yapmedia.com  Transcripts - youngandprofiting.com/episodes-new  Finance, Financial, Personal Finance, Wealth, Stock Market, Scalability, Investment, Financial Freedom, Risk Management, Financial Planning, Business Coaching, Finance Podcast, Investing, Saving.

IBC Men's Quartet sings "What Never Changes" during a worship service at Immanuel Baptist Church, Florence, Ky. Please visit us at 7183 Pleasant Valley Road Florence KY 41042, or call us at (859) 586-6829. Church links: Website: https://www.ibcflorence.com Daily Devotions: https://ibcflorenceky.wordpress.com/follow/ Free App: http://www.ibcflorence.com/ibc-app Our entire list of recent sermons: https://www.ibcflorence.com/recent-sermons Youtube: https://www.youtube.com/ibcflorence Facebook: https://www.facebook.com/ibcflorenceky Instagram: https://www.instagram.com/ibcflorence/ Podcasts: https://soundcloud.com/user-658781358 Live Stream: https://www.youtube.com/ibcflorence/live We would love to know how to pray for you! Romans 10:9

Are you following the truth or are you following incentives that may cause you to turn your back on Christianity and throw Jesus under the bus? On this midweek podcast episode, Frank continues the conversation on the powerful incentives that often prevent us from denying ourselves and picking up our cross for Christ as we go through our daily lives. He'll answer questions like:What does FOMO (the fear of missing out) reveal about our underlying motivations?Why does the question, "If Christianity were true, would you be a Christian?" often reveal a non-believer's true intentions and desires?What did Norman Geisler mean when he said, "Fraternity will almost always overcome theology."?What are some examples from the Bible when people follow incentives instead of following Christ?Near the end of the program, Frank addresses two listener questions related to this topic--one from an Indian American who is struggling to commit to Christianity because his family wants him to embrace his Hindu roots, and the second from a Muslim seeking clarification on some differences between the Quran and the Bible. There's no doubt that following Christ is ever an easy decision to make, and even Christians are susceptible to falling off the rails for the sake of convenience and not ruffling any feathers. But we hope this episode will encourage you no matter where you are on your journey with Jesus!Truth or Incentives? Part 1 - https://bit.ly/408gz0KBook - 'Same as Ever: A Guide to What Never Changes' - https://a.co/d/1dANcEzOnline Course - 'How to Interpret Your Bible' - https://bit.ly/3BoEhxDBook - 'The Anxious Generation' - https://a.co/d/b08gb1pBlog Post - 'The Anxious Generation' - https://bit.ly/3zW4ySMWatchman Fellowship - https://www.watchman.org/

IBC Men's Quartet sings "What Never Changes" during a worship service at Immanuel Baptist Church, Florence, Ky. Please visit us at 7183 Pleasant Valley Road Florence KY 41042, or call us at (859) 586-6829. Church links: Website: https://www.ibcflorence.com Daily Devotions: https://ibcflorenceky.wordpress.com/follow/ Free App: http://www.ibcflorence.com/ibc-app Our entire list of recent sermons: https://www.ibcflorence.com/recent-sermons Youtube: https://www.youtube.com/ibcflorence Facebook: https://www.facebook.com/ibcflorenceky Instagram: https://www.instagram.com/ibcflorence/ Podcasts: https://soundcloud.com/user-658781358 Live Stream: https://www.youtube.com/ibcflorence/live We would love to know how to pray for you! Romans 10:9

Have you ever taken the time to reflect on what it is that primarily motivates all of us to make decisions? Is it based on what's objectively true or what we find attractive? Are we following facts or are we more inclined to follow our desires and self-preservation?It's a brand-new year, and since many of us set goals for 2025, Frank is kicking things off with an investigation into how incentives can often lead both Christians and non-Christians away from the truth. Listen as Frank answers questions like:Is it possible to pursue your self-interests and reason at the same time?What are the 3 incentives that cause people to sin and what makes them so powerful?Are incentives inherently wrong?How do "normal" people become proponents and active participants of genocide?Where do we see examples of incentives in our schools, workplace, and health care system?What is the root cause of bad economic policy here in the United States and all over the world?What's the 2nd most important truth in the Bible for our culture today?Why do many pastors avoid talking about controversial issues?What's the driving force on social media that often causes both kids and adults to throw Jesus and Christianity under the bus?Let's face it, we're all tempted to do the wrong thing for what we tell ourselves are good reasons, but in reality we are incentivized to lie to ourselves. When incentives push you to lie or follow what you find attractive, will you be committed to denying yourself and following Christ? Or will you conform to the cultural norms, compromising the truth for comfort and acceptance like so many people of the past and present? Tough question that even Peter failed to answer rightly. Pray and choose wisely!Resources mentioned during the episode:Book - 'Same as Ever: A Guide to What Never Changes' - https://a.co/d/1dANcEzDr. Robert W. Malone on X: https://x.com/RWMaloneMDDr. Peter A. McCullough on X: https://x.com/P_McCulloughMDOnline Course - 'Why Does God Allow Evil?' - https://bit.ly/4gYjT5vOnline Course - 'How to Interpret Your Bible' - https://bit.ly/3BoEhxDBlog Post - Sex at Work? https://crossexamined.org/sex-at-workBook - 'The Anxious Generation' - https://a.co/d/b08gb1pBlog Post - 'The Anxious Generation' - https://bit.ly/3zW4ySM

EOS®, the Entrepreneurial Operating System®, was developed by a Strategic Coach® member who envisioned an extension of the Coach Program. Now, EOS and Strategic Coach are on parallel tracks in helping entrepreneurs live their best lives. In this episode, Strategic Coach business coaches Dan Sullivan and Shannon Waller are joined by EOS Worldwide's leadership duo, Kelly Knight and Mark O'Donnell, to discuss all the ways entrepreneurs can benefit by taking advantage of both EOS and Coach. Here's some of what you'll learn in this episode:·     How Mark and Kelly each became involved in EOS.·     What led to EOS being implemented in Strategic Coach.·     How Strategic Coach was pivotal in the development of EOS.·     What's allowed EOS to scale enormously over the past few years.·     The strategic by-products that came from EOS becoming a franchiser. Show Notes: Roughly 30% of the EOS community is in The Strategic Coach® Program. There is no point in competing in the marketplace. Benefiting from EOS was a very profound shift for Strategic Coach. Being able to conduct sessions virtually has opened up a tremendous opportunity for EOS Implementers®. Today, EOS has over 850 Implementers doing business in 40 countries, and there are quite a few virtual-only EOS Implementers. To get the most out of EOS, everybody at the company has to be using it. Strategic Coach is very much a mindset program. Team members don't always know that they need to have an entrepreneurial attitude. To connect teamwork and technology, you need coaching. Coaching is to the 21st century what management was to the 20th century. Resources: Traction by Gino Wickman CliftonStrengths® Who Not How by Dan Sullivan with Dr. Benjamin Hardy Strategic Coach Team Programs The Experience Transformer®: “Transforming Experiences Into Multipliers” The Team Success Handbook by Shannon Waller The Impact Filter™ Unique Ability® Kolbe Casting Not Hiring by Dan Sullivan and Jeffrey Madoff Same as Ever: A Guide to What Never Changes by Morgan Housel The Self-Managing Company by Dan Sullivan Your Life As A Strategy Circle by Dan Sullivan The DIKW Pyramid The Positive Focus®

If you are finding yourself in an uncertain situation and wondering how to deal with uncertainty, this is the episode for you. Sammie and Michelle reflect on how uncertain life still feels in 2024 and share tips they've been using to deal with uncertainty. Show Notes:The 7 Habits of Highly Effective People by Stephen Covey Seven Ways to Cope with Uncertainty by Christine CarterThe Work of Byron KatieInsight TimerSame as Ever: A Guide to What Never Changes by Morgan Housel Click here to check out AirHelp, our partner for this episode! The team at AirHelp can assist you when you have a delayed or canceled flight and want to see if you can get compensation for your inconvenience. You give them your flight information, and they talk to the airlines for you! Find more show notes and interact with the Build A Wealthy Spirit community at buildawealthyspirit.com!

Could the financial strategies that appear flawless on paper be leading us astray in the real world? We're peeling back the layers of investment principles to reveal why some inefficiencies might just be your portfolio's best friends. Taking a page from Morgan Housel's "Same as Ever: A Guide to What Never Changes," we delve into the unexpected virtues of financial buffers and the fallacy that cost always equates to value. Discover how the pandemic's strain on just-in-time manufacturing shines a light on the need for slack in our systems, and why the presence of an emergency fund during economic highs could save you during the lows. Plus, we discuss the underrated advantages of investment advisors, challenging the penny-pinching mindset to embrace quality that pays off in the long run.Then, we shift gears to a provocative study that upends conventional retirement planning wisdom—should you stockpile equities all the way to your golden years? We dissect the enticing, yet nerve-wracking notion of an all-equity portfolio and confront the harsh truths about our own risk tolerances and financial aspirations. It's not just about the potential gains; it's the psychological rollercoaster and the necessity for a tailored asset mix that fits like a glove. As I advocate for a well-rounded investment strategy, consider this your invitation to explore how aligning your portfolio with your personal narrative could be the smartest financial move you make. Join us as we navigate through the complexities of balancing risk and reward, and crafting a financial future that doesn't just look good on paper, but feels right in your gut.Start the Find Your Focus Quiz to learn where you should be focusing your time and effort with your money.--TAX CHANGES: Budget 2024XEQT vs VEQT. Which ETF is better?Connect With Evan

Duncan McLeod, Founder and Editor at Techcentral, discusses Canal+'s firm offer for MultiChoice, the owner of DStv, considering a secondary listing on the JSE.   Evan Walker, Portfolio Manager at 36ONE Asset Management, engages in a discussion with Motheo Khoaripe about the implications of the groundbreaking retail collaboration between the Shoprite Group and other major retailers, as they unveil the W23 Global Venture Fund   Muhammad Docrat, a Portfolio Specialist at Ninety One Asset Management, analyses  the rising probability of oil prices reaching $100, attributing it to supply shocks disrupting the market. These disruptions are creating turmoil in the oil market, necessitating a deeper examination of the factors influencing supply dynamics   Ian Mann, a regular book reviewer and MD at Gateways Business, along with Motheo Khoaripe, reviewed Morgan Housel's "Same as Ever: A Guide to What Never Changes." The book delves into timeless principles shaping human behavior, economics, and decision-making. It likely offers accessible insights into navigating uncertainty in finance and life, drawing on historical examples and psychological truths. See omnystudio.com/listener for privacy information.

Ian Mann, regular book reviewer and MD at Gateways Business, along with Motheo Khoaripe, reviewed Morgan Housel's "Same as Ever: A Guide to What Never Changes." The book delves into timeless principles shaping human behavior, economics, and decision-making. It likely offers accessible insights into navigating uncertainty in finance and life, drawing on historical examples and psychological truths. See omnystudio.com/listener for privacy information.

Are you struggling to keep up in a world of dizzying change? My guest Morgan Housel offers a surprising solution: focus on timeless truths. In his book Same As Ever: A Guide to What Never Changes, Morgan reveals how embracing enduring aspects of human nature can be our guide.We discuss how masterful storytelling moves hearts more than facts, how to balance uncertainty with possibility, and why there's no formula for “the good life” except the one you design yourself.Join us for a fascinating conversation on connecting with wisdom as relevant today as ever before. You'll learn to build lives not on shifting trends but on the bedrock of eternal human truths.You can find Morgan at: Website | LinkedIn | Episode TranscriptIf you LOVED this episode you'll also love the conversations we had with Scott Galloway about finding center in a changing world.Check out our offerings & partners: My New Book SparkedMy New Podcast SPARKED. Visit Our Sponsor Page For Great Resources & Discount Codes Hosted on Acast. See acast.com/privacy for more information.

สมัครสมาชิก YouTube Membership ของ Mission To The Moon ได้ที่ https://bit.ly/3HAjwOI (จากนั้นคลิก “สมัคร” หรือ “Join”) . เมื่อโลกหมุนไปข้างหน้าทุกวัน หลายสิ่งก็เปลี่ยนแปลงไปตามกาลเวลา อย่างเช่น ความคิด จิตใจ  และความเสื่อมโทรมของร่างกาย แต่เชื่อไหมว่ามีบางสิ่งบางอย่างที่ไม่ว่าเวลาจะผันเปลี่ยนไปแค่ไหน แต่สิ่งเหล่านั้นยังคงเดิมเสมอ . ใน MM Podcast EP. นี้ เราจะพาไปสำรวจกันว่า อะไรบ้างคือสิ่งที่จะไม่เปลี่ยนไปในโลกที่เปลี่ยนแปลงทุกวันกับหนังสือ Same as Ever: A Guide to What Never Changes . รับรองว่าสิ่งเหล่านี้จะให้บทเรียนหลายอย่างแก่เรา และเราสามารถนำไปปรับใช้กับชีวิตได้เพื่อให้วันพรุ่งนี้ของเราดีกว่าเดิม . . เชิญรับฟังพร้อมๆ กันได้ใน MM Podcast EP.2077 | บทเรียนเหนือกาลเวลา สู่ชีวิตที่ดีกว่าในอนาคต #สรุปหนังสือ . . #สรุปหนังสือ #พอดแคสต์ #podcast #missiontothemoon #missiontothemoonpodcast

สมัครสมาชิก YouTube Membership ของ Mission To The Moon ได้ที่ https://bit.ly/3HAjwOI (จากนั้นคลิก “สมัคร” หรือ “Join”) . เมื่อโลกหมุนไปข้างหน้าทุกวัน หลายสิ่งก็เปลี่ยนแปลงไปตามกาลเวลา อย่างเช่น ความคิด จิตใจ  และความเสื่อมโทรมของร่างกาย แต่เชื่อไหมว่ามีบางสิ่งบางอย่างที่ไม่ว่าเวลาจะผันเปลี่ยนไปแค่ไหน แต่สิ่งเหล่านั้นยังคงเดิมเสมอ . ใน MM Podcast EP. นี้ เราจะพาไปสำรวจกันว่า อะไรบ้างคือสิ่งที่จะไม่เปลี่ยนไปในโลกที่เปลี่ยนแปลงทุกวันกับหนังสือ Same as Ever: A Guide to What Never Changes . รับรองว่าสิ่งเหล่านี้จะให้บทเรียนหลายอย่างแก่เรา และเราสามารถนำไปปรับใช้กับชีวิตได้เพื่อให้วันพรุ่งนี้ของเราดีกว่าเดิม . . เชิญรับฟังพร้อมๆ กันได้ใน MM Podcast EP.2077 | บทเรียนเหนือกาลเวลา สู่ชีวิตที่ดีกว่าในอนาคต #สรุปหนังสือ . . #สรุปหนังสือ #พอดแคสต์ #podcast #missiontothemoon #missiontothemoonpodcast

Podcast: The Rational Reminder Podcast (LS 56 · TOP 0.5% what is this?)Episode: Episode 290 - Morgan Housel: Same as EverPub date: 2024-02-01In this episode, we are joined, for the third time, by renowned author and commentator Morgan Housel. Many of you are familiar with Morgan's bestseller, The Psychology of Money, and he is back to discuss his latest book, Same as Ever: A Guide to What Never Changes. He is also the partner at The Collaboration Fund, a network of fund managers investing across asset classes while identifying and supporting companies at the intersection of for-profit and for-good. In our conversation, we delve into the timeless principles that shape our perspectives of the world and why things are the Same as Ever. We discuss the importance of holding cash, challenging traditional analytical approaches and encouraging a broader reflection on life beyond numbers. Discover the recurrent nature of once-in-a-lifetime events, the pitfalls associated with the insatiable desire for certainty, the value and power of storytelling, and the complex interplay between incentives and expectations. Gain insights into the value of forecasting behaviours instead of market dynamics, why pessimism is more common and more captivating than optimism, embracing slight inefficiencies on the path to success, and much more! Don't miss this engaging discussion with a master storyteller and gain new perspectives on finance, human behaviour, and the principles that remain the Same as Ever with Morgan Housel. Tune in now!   Key Points From This Episode: (0:03:28) Why it is important to understand the aspects that never change, with examples.  (0:05:58) Morgan explains the value of random and seemingly inconsequential events. (0:07:43) Discover the most persistent characteristic of risk and the ways expectations impact behaviour and decision-making.  (0:13:04) How he has been dealing with the success of his book, Psychology of Money.  (0:15:11) What makes once-in-a-lifetime events more common than expected and the problems that a desire for certainty brings with it.  (0:19:16) Leveraging storytelling to understand the world and how to filter out the good information from the bad information.  (0:25:41) Explore the role of incentives in influencing expectations and how calm can turn into crazy.  (0:31:06) Learn how success can develop into failure and the problems that stem from investors trying to squeeze too much too soon from their investments.  (0:37:13) Advice for understanding the normal ‘growth rate' and what motivates innovation.  (0:42:29) Balancing stress and adversity and why being slightly inefficient is a good thing.  (0:46:46) Navigating hassle and nonsense on the path to success.  (0:48:30) The time scale differences in materializing good news and bad news.  (0:50:31) Strategies for combining optimism and pessimism to make informed and effective long-term decisions.  (0:53:03) Examine the challenges of predicting the impact of future innovations.  (0:55:43) The tendency for people to perceive others or businesses as better.  (0:58:38) Hear about the difference between permanent and expiring information.  (1:00:36) Reasons why complexity and length are appealing and how personal experiences shape perspectives.  (1:05:00) Morgan shares the biggest takeaways from his books.    Links From Today's Episode:   Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582 Rational Reminder Website — https://rationalreminder.ca/  Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://twitter.com/RationalRemind Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.ca Benjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/  Benjamin on X — https://twitter.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/ Cameron on X — https://twitter.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Morgan Housel — https://www.morganhousel.com/ Morgan Housel on LinkedIn— https://www.linkedin.com/in/morgan-housel-5b473821/ Morgan Housel on X — https://twitter.com/morganhousel Morgan Housel on Instagram — https://www.instagram.com/morganhousel/ The Morgan Housel Podcast — https://podcasts.apple.com/us/podcast/the-morgan-housel-podcast/id1675310669 Collaborative Fund — https://collabfund.com/ Collab Blog — https://collabfund.com/blog/ Episode 128: Morgan Housel — https://rationalreminder.ca/podcast/128 Episode 191: Emerging Markets — https://rationalreminder.ca/podcast/191 Episode 224: Scott Cederburg — https://rationalreminder.ca/podcast/224   Books From Today's Episode: Sapiens — https://www.amazon.com/Sapiens-Humankind-Yuval-Noah-Harari/dp/0062316095 Seinfeldia — https://www.amazon.com/Seinfeldia-About-Nothing-Changed-Everything/dp/1476756112 The Snowball — https://www.amazon.com/Snowball-Warren-Buffett-Business-Life/dp/0553384619 Same as Ever — https://www.amazon.com/Same-Ever-Guide-Never-Changes/dp/0593332709 The Psychology of Money — https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681The podcast and artwork embedded on this page are from Benjamin Felix & Cameron Passmore, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

Podcast: The Rational Reminder Podcast (LS 56 · TOP 0.5% what is this?)Episode: Episode 290 - Morgan Housel: Same as EverPub date: 2024-02-01In this episode, we are joined, for the third time, by renowned author and commentator Morgan Housel. Many of you are familiar with Morgan's bestseller, The Psychology of Money, and he is back to discuss his latest book, Same as Ever: A Guide to What Never Changes. He is also the partner at The Collaboration Fund, a network of fund managers investing across asset classes while identifying and supporting companies at the intersection of for-profit and for-good. In our conversation, we delve into the timeless principles that shape our perspectives of the world and why things are the Same as Ever. We discuss the importance of holding cash, challenging traditional analytical approaches and encouraging a broader reflection on life beyond numbers. Discover the recurrent nature of once-in-a-lifetime events, the pitfalls associated with the insatiable desire for certainty, the value and power of storytelling, and the complex interplay between incentives and expectations. Gain insights into the value of forecasting behaviours instead of market dynamics, why pessimism is more common and more captivating than optimism, embracing slight inefficiencies on the path to success, and much more! Don't miss this engaging discussion with a master storyteller and gain new perspectives on finance, human behaviour, and the principles that remain the Same as Ever with Morgan Housel. Tune in now!   Key Points From This Episode: (0:03:28) Why it is important to understand the aspects that never change, with examples.  (0:05:58) Morgan explains the value of random and seemingly inconsequential events. (0:07:43) Discover the most persistent characteristic of risk and the ways expectations impact behaviour and decision-making.  (0:13:04) How he has been dealing with the success of his book, Psychology of Money.  (0:15:11) What makes once-in-a-lifetime events more common than expected and the problems that a desire for certainty brings with it.  (0:19:16) Leveraging storytelling to understand the world and how to filter out the good information from the bad information.  (0:25:41) Explore the role of incentives in influencing expectations and how calm can turn into crazy.  (0:31:06) Learn how success can develop into failure and the problems that stem from investors trying to squeeze too much too soon from their investments.  (0:37:13) Advice for understanding the normal ‘growth rate' and what motivates innovation.  (0:42:29) Balancing stress and adversity and why being slightly inefficient is a good thing.  (0:46:46) Navigating hassle and nonsense on the path to success.  (0:48:30) The time scale differences in materializing good news and bad news.  (0:50:31) Strategies for combining optimism and pessimism to make informed and effective long-term decisions.  (0:53:03) Examine the challenges of predicting the impact of future innovations.  (0:55:43) The tendency for people to perceive others or businesses as better.  (0:58:38) Hear about the difference between permanent and expiring information.  (1:00:36) Reasons why complexity and length are appealing and how personal experiences shape perspectives.  (1:05:00) Morgan shares the biggest takeaways from his books.    Links From Today's Episode:   Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582 Rational Reminder Website — https://rationalreminder.ca/  Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://twitter.com/RationalRemind Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.ca Benjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/  Benjamin on X — https://twitter.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/ Cameron on X — https://twitter.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Morgan Housel — https://www.morganhousel.com/ Morgan Housel on LinkedIn— https://www.linkedin.com/in/morgan-housel-5b473821/ Morgan Housel on X — https://twitter.com/morganhousel Morgan Housel on Instagram — https://www.instagram.com/morganhousel/ The Morgan Housel Podcast — https://podcasts.apple.com/us/podcast/the-morgan-housel-podcast/id1675310669 Collaborative Fund — https://collabfund.com/ Collab Blog — https://collabfund.com/blog/ Episode 128: Morgan Housel — https://rationalreminder.ca/podcast/128 Episode 191: Emerging Markets — https://rationalreminder.ca/podcast/191 Episode 224: Scott Cederburg — https://rationalreminder.ca/podcast/224   Books From Today's Episode: Sapiens — https://www.amazon.com/Sapiens-Humankind-Yuval-Noah-Harari/dp/0062316095 Seinfeldia — https://www.amazon.com/Seinfeldia-About-Nothing-Changed-Everything/dp/1476756112 The Snowball — https://www.amazon.com/Snowball-Warren-Buffett-Business-Life/dp/0553384619 Same as Ever — https://www.amazon.com/Same-Ever-Guide-Never-Changes/dp/0593332709 The Psychology of Money — https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681The podcast and artwork embedded on this page are from Benjamin Felix & Cameron Passmore, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

We usually talk about stress as something you need to reduce, or recover from. But there are different types of stress -- good stressors and bad stressors -- and sometimes stress drives us to accomplish things and innovate when we otherwise wouldn't. To that end, Mark and Jesse discuss Morgan Housel's book Same As Ever: A Guide to What Never Changes, in which Housel outlines the way stressors and risk taking drives us to grow achieve new things. Mark also shares a recent story about how the stress of a bookkeeping sprint at work provided the spark for him to write new software to automate a key process in his business, and save a lot of time as a result.   Other books mentioned in this episode: Endurance by Alfred Lansing The Psychology of Money by Morgan Housel     Mark Butler, Virtual CFO The Money School: https://moneyschool.works https://markbutler.com https://letsdothebooks.com   YNAB https://www.youneedabudget.com

Why is storytelling one of the most powerful and important aspects of marketing? Kipp dives into the great story arcs and story archetypes. Learn more on the best examples of brand storytelling, and the framework that instantly makes your marketing storytelling better. Storytelling is leverage, because the best information doesn't win, the best story wins. Mentions “Same as Ever: A Guide to What Never Changes” https://sites.prh.com/morganhousel “Sapiens: A Brief History of Humankind” https://www.ynharari.com/book/sapiens-2/  Kurt Vonnegut https://www.youtube.com/watch?v=oP3c1h8v2ZQ Patagonia https://www.patagonia.com/ We're on Social Media! Follow us for everyday marketing wisdom straight to your feed YouTube: ​​https://www.youtube.com/channel/UCGtXqPiNV8YC0GMUzY-EUFg  Twitter: https://twitter.com/matgpod  TikTok: https://www.tiktok.com/@matgpod  Thank you for tuning into Marketing Against The Grain! Don't forget to hit subscribe and follow us on Apple Podcasts (so you never miss an episode)! https://podcasts.apple.com/us/podcast/marketing-against-the-grain/id1616700934   If you love this show, please leave us a 5-Star Review https://link.chtbl.com/h9_sjBKH and share your favorite episodes with friends. We really appreciate your support. Host Links: Kipp Bodnar, https://twitter.com/kippbodnar   Kieran Flanagan, https://twitter.com/searchbrat  ‘Marketing Against The Grain' is a HubSpot Original Podcast // Brought to you by The HubSpot Podcast Network // Produced by Darren Clarke.

In this episode, we are joined, for the third time, by renowned author and commentator Morgan Housel. Many of you are familiar with Morgan's bestseller, The Psychology of Money, and he is back to discuss his latest book, Same as Ever: A Guide to What Never Changes. He is also the partner at The Collaboration Fund, a network of fund managers investing across asset classes while identifying and supporting companies at the intersection of for-profit and for-good. In our conversation, we delve into the timeless principles that shape our perspectives of the world and why things are the Same as Ever. We discuss the importance of holding cash, challenging traditional analytical approaches and encouraging a broader reflection on life beyond numbers. Discover the recurrent nature of once-in-a-lifetime events, the pitfalls associated with the insatiable desire for certainty, the value and power of storytelling, and the complex interplay between incentives and expectations. Gain insights into the value of forecasting behaviours instead of market dynamics, why pessimism is more common and more captivating than optimism, embracing slight inefficiencies on the path to success, and much more! Don't miss this engaging discussion with a master storyteller and gain new perspectives on finance, human behaviour, and the principles that remain the Same as Ever with Morgan Housel. Tune in now!   Key Points From This Episode: (0:03:28) Why it is important to understand the aspects that never change, with examples.  (0:05:58) Morgan explains the value of random and seemingly inconsequential events. (0:07:43) Discover the most persistent characteristic of risk and the ways expectations impact behaviour and decision-making.  (0:13:04) How he has been dealing with the success of his book, Psychology of Money.  (0:15:11) What makes once-in-a-lifetime events more common than expected and the problems that a desire for certainty brings with it.  (0:19:16) Leveraging storytelling to understand the world and how to filter out the good information from the bad information.  (0:25:41) Explore the role of incentives in influencing expectations and how calm can turn into crazy.  (0:31:06) Learn how success can develop into failure and the problems that stem from investors trying to squeeze too much too soon from their investments.  (0:37:13) Advice for understanding the normal ‘growth rate' and what motivates innovation.  (0:42:29) Balancing stress and adversity and why being slightly inefficient is a good thing.  (0:46:46) Navigating hassle and nonsense on the path to success.  (0:48:30) The time scale differences in materializing good news and bad news.  (0:50:31) Strategies for combining optimism and pessimism to make informed and effective long-term decisions.  (0:53:03) Examine the challenges of predicting the impact of future innovations.  (0:55:43) The tendency for people to perceive others or businesses as better.  (0:58:38) Hear about the difference between permanent and expiring information.  (1:00:36) Reasons why complexity and length are appealing and how personal experiences shape perspectives.  (1:05:00) Morgan shares the biggest takeaways from his books.    Links From Today's Episode:   Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582 Rational Reminder Website — https://rationalreminder.ca/  Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://twitter.com/RationalRemind Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.ca Benjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/  Benjamin on X — https://twitter.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/ Cameron on X — https://twitter.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Morgan Housel — https://www.morganhousel.com/ Morgan Housel on LinkedIn— https://www.linkedin.com/in/morgan-housel-5b473821/ Morgan Housel on X — https://twitter.com/morganhousel Morgan Housel on Instagram — https://www.instagram.com/morganhousel/ The Morgan Housel Podcast — https://podcasts.apple.com/us/podcast/the-morgan-housel-podcast/id1675310669 Collaborative Fund — https://collabfund.com/ Collab Blog — https://collabfund.com/blog/ Episode 128: Morgan Housel — https://rationalreminder.ca/podcast/128 Episode 191: Emerging Markets — https://rationalreminder.ca/podcast/191 Episode 224: Scott Cederburg — https://rationalreminder.ca/podcast/224   Books From Today's Episode: Sapiens — https://www.amazon.com/Sapiens-Humankind-Yuval-Noah-Harari/dp/0062316095 Seinfeldia — https://www.amazon.com/Seinfeldia-About-Nothing-Changed-Everything/dp/1476756112 The Snowball — https://www.amazon.com/Snowball-Warren-Buffett-Business-Life/dp/0553384619 Same as Ever — https://www.amazon.com/Same-Ever-Guide-Never-Changes/dp/0593332709 The Psychology of Money — https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681

It's the start of a new year and with it comes an opportunity to re-evaluate your trajectory and set your goals for the months to come, whether they be financial, personal, or all of the above. Kicking things off for today's episode is our conversation with Steve Balaban, a private equity insider with a refreshingly realistic and practical perspective on private equity. We talk with Steve about investing in private equity, the benefits and drawbacks every investor should know about, why due diligence is essential, how private equity interacts with investor psychology, and much more. Tuning in you'll also learn about the Private Equity Certificate offered by CFA Society Toronto in collaboration with Mink Learning and how listeners can gain special access to these training tools. Next, we take a look back at our conversation with Ayelet Fishbach from the Booth School of Business on the science of motivation and goal setting and the contents of her new TEDxChicago Talk The Science of Getting Motivated. We wrap things up with a review of Justin Breen's book titled, Epic Life: How to Build Collaborative Global Companies While Putting Your Loved Ones First, followed by our conversation with the author on the transformational power of naming your year, the power of networking, and other key lessons from his book. For all this and much more, be sure to tune in and start 2024 armed with insights from some of the best thinkers around!   Key Points From This Episode: (0:01:26) Use discount code RATIONAL to watch the award-winning documentary Tune Out The Noise, free of charge (valid until the end of January 2024, so make sure you don't miss out!)  (0:03:44) An introduction to Steve Balaban and Mink Learning, a private equity education company he founded in 2019.  (0:07:29) Steve's insights on aggregate public market equivalent (PME) benchmarking and key issues that arise when using Internal Rate of Return (IRR) to benchmark private equity.  (0:17:58) The best arguments in favour of private equity, the downsides you need to know about, and a rundown of the fees involved.  (0:23:38) Top reasons Steve has come across for why people want to invest in private equity, and what he considers to be the right reasons.  (0:29:38) How private equity interacts with investor psychology and the importance of having different vintages in your portfolio.  (0:35:15) Why private equity is typically illiquid, how liquid private equity works, and the tradeoffs for investors with liquid private equity as opposed to more direct illiquid approaches.  (0:42:59) The differences between private and public equity; advice on how investors should interpret private equity marketing materials and the importance of doing due diligence.  (0:51:59) Trends in the industry towards permanent equity, rather than rolling over every few years.   (0:59:55) Details on the Private Equity Certificate offered by CFA Society Toronto in collaboration with Mink Learning and how to use the discount code RationalReminderPEC.  (01:02:21) A look back at our conversation with Professor Ayelet Fishbach and her newly released TEDxChicago Talk The Science of Getting Motivated.  (01:03:58) Our book review of Epic Life: How to Build Collaborative Global Companies While Putting Your Loved Ones First, and our conversation with the author, Justin Breen.  (01:07:12) The transformational impact of naming your year, finding your purpose, and the power of networking.  (01:25:47) An update on our new podcast Money Scope, the content you can expect from it, and its success on the Canadian Apple Podcast charts.  (01:28:43) What we've been experiencing on LinkedIn, book recommendations for the start of 2024, and exciting upcoming guests!    Links From Today's Episode:   Rational Reminder on iTunes — https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582. Rational Reminder Website — https://rationalreminder.ca/  Rational Reminder on Instagram — https://www.instagram.com/rationalreminder/ Rational Reminder on X — https://twitter.com/RationalRemind Rational Reminder on YouTube — https://www.youtube.com/channel/ Rational Reminder Email — info@rationalreminder.ca Benjamin Felix — https://www.pwlcapital.com/author/benjamin-felix/  Benjamin on X — https://twitter.com/benjaminwfelix Benjamin on LinkedIn — https://www.linkedin.com/in/benjaminwfelix/ Cameron Passmore — https://www.pwlcapital.com/profile/cameron-passmore/ Cameron on X — https://twitter.com/CameronPassmore Cameron on LinkedIn — https://www.linkedin.com/in/cameronpassmore/ Tune Out The Noise — https://film.dimensional.com/podcast/login?redirect=%2Fpodcast Discount Code for Tune Out The Noise — RATIONAL Steve Balaban — https://www.stevebalaban.com/ Steve Balaban on LinkedIn — https://training.minklearning.com/ Mink Learning — https://training.minklearning.com/ Private Equity Certificate offered by CFA Society Toronto in collaboration with Mink Learning — https://web.cvent.com/event/10af7f03-e05c-465a-803e-3e8ac3864120/summary Discount Code for Private Equity Certificate — RationalReminderPEC Justin Breen on LinkedIn — https://www.linkedin.com/in/justinbreen1/ BrEpic Communications LLC — https://www.brepicllc.com/ BrEpic Network — https://brepicnetwork.org/ Episode 188: Prof. Ayelet Fishbach — https://rationalreminder.ca/podcast/188 Professor Ayelet Fishbach's TEDxChicago Talk, The Science of Getting Motivated — https://www.youtube.com/watch?v=T8CegN1xssY Episode 286: Errol Morris — https://rationalreminder.ca/podcast/286 Episode 210: Prof. Ludovic Phalippou — https://rationalreminder.ca/podcast/210 Episode 237: Who are you, and who do you want to be? — https://rationalreminder.ca/podcast/237 Episode 224: Prof. Scott Cederburg — https://rationalreminder.ca/podcast/224 Episode 284: Prof. Scott Cederburg — https://rationalreminder.ca/podcast/284 Money Scope Podcast — https://moneyscope.ca/   Books From Today's Episode: Epic Life: How to Build Collaborative Global Companies While Putting Your Loved Ones First — https://www.amazon.com/Epic-Life-Collaborative-Companies-Putting/dp/1544532555 Same as Ever: A Guide to What Never Changes — https://www.amazon.com/Same-Ever-Guide-Never-Changes/dp/0593332709 The Geek Way — https://www.amazon.com/Geek-Way-Radical-Transforming-Business/dp/0316436704 Tightwads and Spendthrifts: Navigating the Money Minefield in Real Relationships — https://www.amazon.com/Tightwads-Spendthrifts-Navigating-Minefield-Relationships/dp/1250280079 Flow: The Psychology of Optimal Experience — https://www.amazon.com/Flow-Psychology-Experience-Perennial-Classics/dp/0061339202 Get It Done: Surprising Lessons from the Science of Motivation — https://www.amazon.com/Get-Done-Surprising-Lessons-Motivation/dp/0316538345

Morgan Housel made his first investment when he was 18, putting $1,000 into a certificate of deposit at his local bank. When he started to make some interest on that investment, he was hooked. He devoured books on finance and economics, eventually becoming a financial columnist for The Motley Fool and The Wall Street Journal. In today's episode, Morgan shares why he thinks finance is more like psychology than physics, some of the common emotional pitfalls related to money, his secrets to staying rich, and much more.   Morgan Housel is a partner at The Collaborative Fund. He's the author of the best-selling book The Psychology of Money. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers and winner of the New York Times Sidney Award. His latest book is Same As Ever: A Guide to What Never Changes.   In this episode, Hala and Morgan will discuss: - Serendipitously finding a job he loves - The skiing accident that changed his life - What he learned from James Clear and Atomic Habits - How behavior can trump smarts - Why finance is more like psychology than physics - Independence and the purpose of wealth - Common emotional pitfalls related to money - Secrets to staying rich - What Bill Gates can teach you about optimism - Which unappreciated trait of Warren Buffet we should emulate - How stress can be a good thing - And other topics…   Morgan Housel is a partner at The Collaborative Fund. He's the author of the best-selling book The Psychology of Money. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers and winner of the New York Times Sidney Award. In 2022, MarketWatch named him one of the 50 most influential people in markets. He serves on the board of directors at Markel. His latest book is Same As Ever: A Guide to What Never Changes.   Resources Mentioned:  Morgan's Website: https://www.morganhousel.com/ Morgan's LinkedIn: https://www.linkedin.com/in/morgan-housel-5b473821/ Morgan's Instagram: https://www.instagram.com/morganhousel/ Morgan's Twitter: https://twitter.com/morganhousel Morgan's Podcast: https://podcasts.apple.com/us/podcast/the-morgan-housel-podcast/id1675310669  Morgan's Book, Same as Ever (2023): https://www.amazon.com/Same-Ever-Guide-Never-Changes/dp/0593332709/  Morgan's Book, The Psychology of Money (2020):https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681    LinkedIn Secrets Masterclass, Have Job Security For Life: Use code ‘podcast' for 30% off at yapmedia.io/course.   Sponsored By: Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Nom Nom - Go to youngandprofiting.co/trynomnom for 50% off on your two-week trial  HelloFresh - Go to HelloFresh.com/profitingfree and use code profitingfree for FREE breakfast for life! Indeed - Get a $75 job credit at indeed.com/profiting   More About Young and Profiting Download Transcripts - youngandprofiting.com  Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review -  ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting   Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala   Learn more about YAP Media Agency Services - yapmedia.io/

Bestselling author Morgan Housel, partner at The Collaborative Fund and first-ever guest on The Julia La Roche Show returns for episode 132 to discuss his newest New York Times Bestseller Same As Ever: A Guide to What Never Changes. Morgan's first book The Psychology of Money has sold over four million copies and been translated into 50 languages worldwide. Morgan is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, and winner of the New York Times Sidney Award. In 2022, MarketWatch named him one of the 50 most influential people in markets. He serves on the board of directors at Markel.  Takeaways Managing expectations is crucial for happiness and success. Social media can lead to inflated expectations and feelings of inadequacy. Envy and the pursuit of status and success can hinder happiness. Unforeseen consequences and tail risks play a significant role in shaping our lives. Personal experiences can shape our perception of risk and influence our decision-making. Economic forecasts are in high demand because they reduce uncertainty, even if their track record is poor. Calm periods in the economy or markets can lead to instability and eventual crises. Simplicity and endurance are key to successful long-term investing. Charlie Munger's legacy lies in his wisdom and willingness to share it with others. Writing is a process of self-discovery and learning. Timestamps  00:00 Introduction and Catching Up 01:08 Surprising Success of 'The Psychology of Money' 02:24 The Value of Low Expectations 04:08 Managing Expectations and Balancing Optimism 07:28 The Dangers of High Expectations and Social Media 09:37 The Gap Between Expectations and Reality 12:59 The Inflation of Expectations 15:11 The Impact of Social Media on Happiness 18:30 Envy and the Pursuit of Status and Success 23:39 Risk and the Unforeseen Consequences 26:17 The World Hanging by a Thread 31:41 Personal Story: Skiing Accident and Risk Aversion 40:32 The Demand for Economic Forecasts 43:01 Calm Plants the Seeds of Crazy 46:00 Investment Strategy: Simplicity and Endurance 48:23 Charlie Munger's Legacy 51:08 Writing for Self-Discovery

Morgan Housel is a partner at Collaborative Fund, blogger about behavior and money, and author of The Psychology of Money. The book has sold 4.5 million copies since its release three and a half years ago and already ranks in the top five best-selling books about finance. Morgan recently published his second book, Same As Ever: A Guide to What Never Changes. Our conversation starts with what happened since his last appearance on the show just before the release of The Psychology of Money. We then turn to his latest magnum opus and discuss some of its themes and stories across storytelling, expectations, compounding, risk, incentives, and people. Morgan's wisdom, humility, and passion for his work come out in spades. He also happens to be a wonderful person and dear friend. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership

Are we learning from history or repeating the same patterns in different contexts? How does understanding human behavior enhance our investment strategies? Can the past unlock secrets for future financial success? In this episode, hosts Marcelo Taboada and Jackson Matthews engage in an insightful book review of Morgan Housel's latest work, 'Same as Ever.' This episode not only delves into the book's key themes but also connects these ideas to practical investment strategies and financial planning.Morgan Housel, in 'Same as Ever,' explores the repetitive nature of human behavior through various historical lenses, emphasizing that while contexts may change, core human traits like fear, love, power, greed, and envy remain constant. Marcelo and Jackson analyze these themes, primarily focusing on how they relate to investors' decisions and the financial world.The discussion pivots to lessons for investors, emphasizing the importance of managing expectations, understanding the role of envy in financial decisions, and the necessity of adopting a long-term perspective in investment strategies. The episode ends with a reflection on the core principles of Tulett, Matthews & Associates, reiterating their commitment to client-centric services, evidence-based investment philosophy, playing the long game, and diversification. Thank you for tuning in!Key Topics:Introduction and overview of 'Same as Ever' (01:10)The role of envy in financial decisions and its historical context (3:45)Managing expectations: the key to economic and personal well-being (11:00)The importance of a long-term perspective in investment strategies (17:30)Diversification and evidence-based investing as core principles (28:00)Mentioned in this Episode:Same as Ever: A Guide to What Never Changes by Morgan HouselThe Psychology of Money by Morgan HouselTulett, Matthews & AssociatesThanks for Listening!Be sure to subscribe on Apple, Google, Spotify, or wherever you get your podcasts. And feel free to drop us a line at lawrence@tma-invest.com or 514-695-0096 ext.112.Follow Tulett, Matthews & Associates on social media on LinkedIn, Facebook, and more!Follow The Empowered Investor on Facebook, LinkedIn, and

Ever thought about the power of timeless lessons in steering your journey through the unpredictable? Morgan Housel, a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, and winner of the New York Times Sidney Award, brings forth a treasure trove of wisdom with his latest book, Same as Ever: A Guide to What Never Changes. With a keen understanding of historical patterns and human behavior, he unveils the enduring principles that remain constant amid life's ever-changing landscape. Through relatable anecdotes and profound wisdom, Morgan provides readers with a roadmap to navigate the uncertainties of today by tapping into the timeless truths that have shaped generations.  In this episode of The Greatness Machine, Morgan engages in a thought-provoking conversation with Darius about the timeless insights explored in his latest book, Same as Ever. The discussion delves into historical examples, drawing parallels between economic collapse and social upheaval. Morgan also reflects on the concept of “calm plants the seed for crazy” and shares wisdom on navigating uncertainties. Topics include: Morgan shares how he got into writing during the 2008 economic downturn The importance of understanding and focusing on things that remain constant over time Morgan discusses the value of studying historical behaviors Why it matters to invest in preparedness rather than attempting to predict specific events Human nature and its struggle with understanding and accepting probabilities The importance of marketing, emotional appeal, and narrative in business success And other topics… Connect with Morgan: Website: https://www.morganhousel.com/ LinkedIn: https://www.linkedin.com/in/morgan-housel-5b473821/ Instagram: https://www.instagram.com/morganhousel/  Twitter: https://twitter.com/morganhousel/  Books: https://www.amazon.com/stores/author/B084ZNV1LR/allbooks  Connect with Darius: Website: https://therealdarius.com/ Linkedin: https://www.linkedin.com/in/dariusmirshahzadeh/ Instagram: https://www.instagram.com/whoompdarius/ YouTube: https://therealdarius.com/youtube Book: The Core Value Equation https://www.amazon.com/Core-Value-Equation-Framework-Limitless/dp/1544506708 This episode is sponsored by Articulate 360. Visit articulate.com/360 to start a free 30-day trial of Articulate 360. Learn more about your ad choices. Visit megaphone.fm/adchoices

Right now, we'd like to thank the sponsor of this episode: LifeMD. Looking to lose weight and improve your health? Embrace your journey towards a healthier and happier you, and achieve lasting sustainable weight loss with LifeMD by your side. Visit lifemd.com/CHARM to get started! In today's episode, we tackle the price of greatness with Morgan Housel, the author of The Psychology of Money and Same as Ever: A Guide to What Never Changes which is already a NYT bestseller. Today we're redefining success and happiness, starting with a myth-busting take on the 1950s' nostalgia. Discover the unconventional yet effective strategy of finding happiness, gain unique insights into how embracing failure is a secret weapon used by top comedians to achieve greatness, including wisdom from the legendary Jerry Seinfeld on the art of timing and knowing when to walk away.  What to Listen For Introduction – 0:00 Most people overlook this simple mindset shift to be happy  Why do we feel so nostalgic about the 1950s and does that nostalgia have a basis in reality? The psychological trick to making effortless changes in behavior  – 18:12 What is the simple strategy most people overlook to streamline your path to accomplishing your goals? If you want to be successful, when is the best time to walk away or move on from something you're invested in? This is more important than competitive advantages in the long run – 26:50 What can we learn from why once-dominant businesses collapsed in order to stay competitive in a hyper competitive market? The secret to going viral on any platform – 37:55 What do you have to do to go viral that most people will never try?  The unspoken painful price of greatness – 52:20 Why would most people give up on the pursuit of fame if they knew this price they would have to pay? Learn more about your ad choices. Visit megaphone.fm/adchoices

Can money buy happiness? Finance writer Morgan Housel made waves in 2020 with the publication of his runaway hit The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness. Housel's new book, Same as Ever: A Guide to What Never Changes, is an instant bestseller. Housel joins Preet to talk about the psychology of money and the motivations that can help and hurt investors – and all of us.  Plus, the problem with referring to federal judges by the presidents who appointed them and the question of damages in the Rudy Giuliani defamation trial.  Don't miss the Insider bonus, where Preet and Housel discuss the podcast industry and further explore Housel's life story. To listen, become a member of CAFE Insider for $1 for the first month. Head to cafe.com/insider.   For show notes and a transcript of the episode head to: cafe.com/stay-tuned/money-and-happiness-with-morgan-housel/ Have a question for Preet? Ask @PreetBharara on Threads, or Twitter with the hashtag #AskPreet. Email us at staytuned@cafe.com, or call 669-247-7338 to leave a voicemail. Stay Tuned with Preet is brought to you by CAFE and the Vox Media Podcast Network. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today, we're thrilled to have a very special guest with us, Morgan Housel, a master in dissecting the intricacies of finance and human behavior. Morgan is not just an acclaimed author but a luminary in the world of business journalism. His international bestseller, "The Psychology of Money," has been a game-changer. Morgan is here to talk about his new book, "Same As Ever: A Guide to What Never Changes." This book promises to be yet another insightful exploration into the constants of human behavior and finance, offering a fresh perspective in a world that's always evolving.Buy his new book, SAME AS EVER: A Guide to What Never ChangesIn this episode you will learnHow our mental patterns can inadvertently keep us financially limited, and discover the intricate relationship between mindset and financial success.The hidden reasons why many people never achieve wealth and learn whether it's truly possible for anyone to become rich by applying specific principles, regardless of their financial background or connections.The value of historical financial wisdom in today's rapidly changing world, including the three most common financial time-wasters and the top three areas to focus on for future financial success.Common misconceptions that prevent people from becoming millionaires and examine the major falsehoods surrounding the concept of accumulating wealth.The number one financial mistake people are making in today's economy and how to avoid it to enhance your financial well-being.For more information go to www.lewishowes.com/1544For more Greatness text PODCAST to +1 (614) 350-3960More SOG money-themed episodes we think you'll love:Jaspreet Singh – https://link.chtbl.com/1411-podJen Sincero – https://link.chtbl.com/1101-podDave Ramsey – https://link.chtbl.com/1415-pod

"The Psychology of Money" by Morgan Housel explores the complex relationship between human behavior and financial decision-making. It delves into the psychological factors that influence how people think about and manage money, emphasizing the importance of understanding one's emotions, biases, and long-term perspectives in achieving financial success. Morgan Housel presents timeless principles and stories that highlight the impact of psychology on financial outcomes, offering valuable insights for individuals seeking to navigate the complexities of wealth management and personal finance. In this episode, you will hear some of the best quotes from the New York Times bestselling book The Psychology of Money by Morgan Housel. Equipped with this powerful knowledge, I hope that you use it to guide you on your journey to financial freedom and lasting success. Who is Morgan Housel? Morgan Housel is a partner at The Collaborative Fund. He's the author of The Psychology of Money, which has sold over four million copies, and The New York Times Bestseller Same As Ever: A Guide to What Never Changes. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, and winner of the New York Times Sidney Award. In 2022, MarketWatch named him one of the 50 most influential people in markets. He serves on the board of directors at Markel. (morganhousel.com) All My Links: https://linktr.ee/karatjuicepodcast --- Send in a voice message: https://podcasters.spotify.com/pod/show/karatjuicepod/message Support this podcast: https://podcasters.spotify.com/pod/show/karatjuicepod/support

Morgan Housel the author of The Psychology of Money, which has sold over four million copies, and The New York Times Bestseller Same As Ever: A Guide to What Never Changes was our guest on Everything Money. Watch as Paul Gabrai and Mostafa Hussein talk with Morgan about his books and his investing journey. Morgan Housel is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, and winner of the New York Times Sidney Award. In 2022, MarketWatch named him one of the 50 most influential people in markets. He serves on the board of directors at Markel. Follow Morgan Housel on X : https://twitter.com/morganhousel Follow Morgan Housel on Instagram: https://www.instagram.com/morganhousel Buy Psychology of Money: https://a.co/d/cMTjaXo Buy Same as Ever: https://a.co/d/eFxGv2u *Direct Links to Amazon (not an affiliate link)

Reset your emotional compass with this meditation designed to release negative energy, allowing you to navigate through life with a refreshed and positive mindset. This week, we launch into a series designed to help you navigate the change. With all how life is changing dramatically at an ever-increasing rapid pace, it's reassuring to realize that as much as life changes, the more it stays the same. We're following along with the book, "Same As Ever: A Guide to What Never Changes," by renowned author, Morgan Housel. This is part 7 of a 7-part meditation series titled Living Your Best Life Meditations, 1994-3000. THIS WEEK'S CHALLENGE: This week, your weekly challenge is to come up with a meditation technique that you could do immediately to help you navigate the challenges of the week. A DIFFERENT MEDITATION TECHNIQUE EVERY DAY FOCUSED ON A WEEKLY THEME: You are guided with a different meditation technique every day that is customized for the week's theme. Weave the techniques into the most stressful times of your day to manage difficult emotions. The meditation techniques help to calm the "monkey mind," when your thoughts continuously interrupt your meditation. FREE TOOLS: For free meditation tools to help you start meditating please head over to my website at www.SipandOm.com, and there you'll find a multitude of free resources to help you on your Meditation Journey. Enjoy access to nearly 3,000 guided meditations without ads on the Sip and Om app. Try it for 7 days of free access to the full app! Listen on iTunes for 1-Week Free! https://itunes.apple.com/us/app/sip-and-om/id1216664612?platform=iphone&preserveScrollPosition=true#platform/iphone   1-week Free Access to the Android app! https://play.google.com/store/apps/details?id=com.sipandom.sipandom   ***All meditations are Mary Meckley's original copyrighted content unless otherwise stated, and may not be shared without her written permission.   RESOURCES Music composed by Christopher Lloyd Clark licensed by RoyaltyFreeMusic.com, and also by musician Greg Keller.   I'D LOVE TO HEAR FROM YOU I'd love your feedback! Please let me know how you're enjoying the meditations by leaving me a review on iTunes.   **All of the information shared on this podcast is for your enjoyment only. Please don't consider the meditation techniques, herbal tea information, or other information shared by Mary Meckley or any of her guests as a replacement for any kind of medical or psychological treatment. That being said, please enjoy any peace, energy, or clarity you may experience as you meditate!

Feel more confident as you live your best life. This week, we launch into a series designed to help you navigate the change. With all how life is changing dramatically at an ever-increasing rapid pace, it's reassuring to realize that as much as life changes, the more it stays the same. We're following along with the book, "Same As Ever: A Guide to What Never Changes," by renowned author, Morgan Housel. This is part 6 of a 7-part meditation series titled Living Your Best Life Meditations, 1994-3000. THIS WEEK'S CHALLENGE: This week, your weekly challenge is to come up with a meditation technique that you could do immediately to help you navigate the challenges of the week. A DIFFERENT MEDITATION TECHNIQUE EVERY DAY FOCUSED ON A WEEKLY THEME: You are guided with a different meditation technique every day that is customized for the week's theme. Weave the techniques into the most stressful times of your day to manage difficult emotions. The meditation techniques help to calm the "monkey mind," when your thoughts continuously interrupt your meditation. FREE TOOLS: For free meditation tools to help you start meditating please head over to my website at www.SipandOm.com, and there you'll find a multitude of free resources to help you on your Meditation Journey. Enjoy access to nearly 3,000 guided meditations without ads on the Sip and Om app. Try it for 7 days of free access to the full app! Listen on iTunes for 1-Week Free! https://itunes.apple.com/us/app/sip-and-om/id1216664612?platform=iphone&preserveScrollPosition=true#platform/iphone   1-week Free Access to the Android app! https://play.google.com/store/apps/details?id=com.sipandom.sipandom   ***All meditations are Mary Meckley's original copyrighted content unless otherwise stated, and may not be shared without her written permission.   RESOURCES Music composed by Christopher Lloyd Clark licensed by RoyaltyFreeMusic.com, and also by musician Greg Keller.   I'D LOVE TO HEAR FROM YOU I'd love your feedback! Please let me know how you're enjoying the meditations by leaving me a review on iTunes.   **All of the information shared on this podcast is for your enjoyment only. Please don't consider the meditation techniques, herbal tea information, or other information shared by Mary Meckley or any of her guests as a replacement for any kind of medical or psychological treatment. That being said, please enjoy any peace, energy, or clarity you may experience as you meditate!

Discover a mindset to help you deal with uncertainty about the future. This week, we launch into a series designed to help you navigate the change. With all the ways in which life is changing dramatically at an ever-increasing rapid pace, it's reassuring to realize that as much as life changes, the more it stays the same. We're following along with the book, "Same As Ever: A Guide to What Never Changes," by renowned author, Morgan Housel. This is part 5 of a 7-part meditation series titled Living Your Best Life Meditations, 1994-3000. THIS WEEK'S CHALLENGE: This week, your weekly challenge is to come up with a meditation technique that you could do immediately to help you navigate the challenges of the week. A DIFFERENT MEDITATION TECHNIQUE EVERY DAY FOCUSED ON A WEEKLY THEME: You are guided with a different meditation technique every day that is customized for the week's theme. Weave the techniques into the most stressful times of your day to manage difficult emotions. The meditation techniques help to calm the "monkey mind," when your thoughts continuously interrupt your meditation. FREE TOOLS: For free meditation tools to help you start meditating please head over to my website at www.SipandOm.com, and there you'll find a multitude of free resources to help you on your Meditation Journey. Enjoy access to nearly 3,000 guided meditations without ads on the Sip and Om app. Try it for 7 days of free access to the full app! Listen on iTunes for 1-Week Free! https://itunes.apple.com/us/app/sip-and-om/id1216664612?platform=iphone&preserveScrollPosition=true#platform/iphone   1-week Free Access to the Android app! https://play.google.com/store/apps/details?id=com.sipandom.sipandom   ***All meditations are Mary Meckley's original copyrighted content unless otherwise stated, and may not be shared without her written permission.   RESOURCES Music composed by Christopher Lloyd Clark licensed by RoyaltyFreeMusic.com, and also by musician Greg Keller.   I'D LOVE TO HEAR FROM YOU I'd love your feedback! Please let me know how you're enjoying the meditations by leaving me a review on iTunes.   **All of the information shared on this podcast is for your enjoyment only. Please don't consider the meditation techniques, herbal tea information, or other information shared by Mary Meckley or any of her guests as a replacement for any kind of medical or psychological treatment. That being said, please enjoy any peace, energy, or clarity you may experience as you meditate!

Calm your mind and body with the power of your breath. This week, we launch into a series designed to help you navigate the change. With all the ways in which life is changing dramatically at an ever-increasing rapid pace, it's reassuring to realize that as much as life changes, the more it stays the same. We're following along with the book, "Same As Ever: A Guide to What Never Changes," by renowned author, Morgan Housel. This is part 4 of a 7-part meditation series titled Living Your Best Life Meditations, 1994-3000. THIS WEEK'S CHALLENGE: This week, your weekly challenge is to come up with a meditation technique that you could do immediately to help you navigate the challenges of the week. A DIFFERENT MEDITATION TECHNIQUE EVERY DAY FOCUSED ON A WEEKLY THEME: You are guided with a different meditation technique every day that is customized for the week's theme. Weave the techniques into the most stressful times of your day to manage difficult emotions. The meditation techniques help to calm the "monkey mind," when your thoughts continuously interrupt your meditation. FREE TOOLS: For free meditation tools to help you start meditating please head over to my website at www.SipandOm.com, and there you'll find a multitude of free resources to help you on your Meditation Journey. Enjoy access to nearly 3,000 guided meditations without ads on the Sip and Om app. Try it for 7 days of free access to the full app! Listen on iTunes for 1-Week Free! https://itunes.apple.com/us/app/sip-and-om/id1216664612?platform=iphone&preserveScrollPosition=true#platform/iphone   1-week Free Access to the Android app! https://play.google.com/store/apps/details?id=com.sipandom.sipandom   ***All meditations are Mary Meckley's original copyrighted content unless otherwise stated, and may not be shared without her written permission.   RESOURCES Music composed by Christopher Lloyd Clark licensed by RoyaltyFreeMusic.com, and also by musician Greg Keller.   I'D LOVE TO HEAR FROM YOU I'd love your feedback! Please let me know how you're enjoying the meditations by leaving me a review on iTunes.   **All of the information shared on this podcast is for your enjoyment only. Please don't consider the meditation techniques, herbal tea information, or other information shared by Mary Meckley or any of her guests as a replacement for any kind of medical or psychological treatment. That being said, please enjoy any peace, energy, or clarity you may experience as you meditate!

Calm your mind and body with the power of your breath. This week, we launch into a series designed to help you navigate the change. With all the ways in which life is changing dramatically at an ever-increasing rapid pace, it's reassuring to realize that as much as life changes, the more it stays the same. We're following along with the book, "Same As Ever: A Guide to What Never Changes," by renowned author, Morgan Housel. This is part 3 of a 7-part meditation series titled Living Your Best Life Meditations, 1994-3000. THIS WEEK'S CHALLENGE: This week, your weekly challenge is to come up with a meditation technique that you could do immediately to help you navigate the challenges of the week. A DIFFERENT MEDITATION TECHNIQUE EVERY DAY FOCUSED ON A WEEKLY THEME: You are guided with a different meditation technique every day that is customized for the week's theme. Weave the techniques into the most stressful times of your day to manage difficult emotions. The meditation techniques help to calm the "monkey mind," when your thoughts continuously interrupt your meditation. FREE TOOLS: For free meditation tools to help you start meditating please head over to my website at www.SipandOm.com, and there you'll find a multitude of free resources to help you on your Meditation Journey. Enjoy access to nearly 3,000 guided meditations without ads on the Sip and Om app. Try it for 7 days of free access to the full app! Listen on iTunes for 1-Week Free! https://itunes.apple.com/us/app/sip-and-om/id1216664612?platform=iphone&preserveScrollPosition=true#platform/iphone   1-week Free Access to the Android app! https://play.google.com/store/apps/details?id=com.sipandom.sipandom   ***All meditations are Mary Meckley's original copyrighted content unless otherwise stated, and may not be shared without her written permission.   RESOURCES Music composed by Christopher Lloyd Clark licensed by RoyaltyFreeMusic.com, and also by musician Greg Keller.   I'D LOVE TO HEAR FROM YOU I'd love your feedback! Please let me know how you're enjoying the meditations by leaving me a review on iTunes.   **All of the information shared on this podcast is for your enjoyment only. Please don't consider the meditation techniques, herbal tea information, or other information shared by Mary Meckley or any of her guests as a replacement for any kind of medical or psychological treatment. That being said, please enjoy any peace, energy, or clarity you may experience as you meditate!

Cultivate a sense of confidence and optimism for what lies ahead through this guided meditation, promoting trust in the unfolding of your future journey. This week, we launch into a series designed to help you navigate the change. With all the ways in which life is changing dramatically at an ever-increasing rapid pace, it's reassuring to realize that as much as life changes, the more it stays the same. We're following along with the book, "Same As Ever: A Guide to What Never Changes," by renowned author, Morgan Housel. This is part 2 of a 7-part meditation series titled Living Your Best Life Meditations, 1994-3000. THIS WEEK'S CHALLENGE: This week, your weekly challenge is to come up with a meditation technique that you could do immediately to help you navigate the challenges of the week. A DIFFERENT MEDITATION TECHNIQUE EVERY DAY FOCUSED ON A WEEKLY THEME: You are guided with a different meditation technique every day that is customized for the week's theme. Weave the techniques into the most stressful times of your day to manage difficult emotions. The meditation techniques help to calm the "monkey mind," when your thoughts continuously interrupt your meditation. FREE TOOLS: For free meditation tools to help you start meditating please head over to my website at www.SipandOm.com, and there you'll find a multitude of free resources to help you on your Meditation Journey. Enjoy access to nearly 3,000 guided meditations without ads on the Sip and Om app. Try it for 7 days of free access to the full app! Listen on iTunes for 1-Week Free! https://itunes.apple.com/us/app/sip-and-om/id1216664612?platform=iphone&preserveScrollPosition=true#platform/iphone   1-week Free Access to the Android app! https://play.google.com/store/apps/details?id=com.sipandom.sipandom   ***All meditations are Mary Meckley's original copyrighted content unless otherwise stated, and may not be shared without her written permission.   RESOURCES Music composed by Christopher Lloyd Clark licensed by RoyaltyFreeMusic.com, and also by musician Greg Keller.   I'D LOVE TO HEAR FROM YOU I'd love your feedback! Please let me know how you're enjoying the meditations by leaving me a review on iTunes.   **All of the information shared on this podcast is for your enjoyment only. Please don't consider the meditation techniques, herbal tea information, or other information shared by Mary Meckley or any of her guests as a replacement for any kind of medical or psychological treatment. That being said, please enjoy any peace, energy, or clarity you may experience as you meditate!

CNBC's Bob Pisani sat down with Dave Nadig, Financial Futurist at VettaFi, and Morgan Housel, partner at The Collaborative Fund and author of “Same as Ever: A Guide to What Never Changes.” Arguably one of the most popular writers on the subject of investor behavior, Housel is the author of “The Psychology of Money” – now out with a new book offering timeless lessons on what never changes in an ever-changing world.In the “Markets 102” portion, Bob continued the conversation with Dave Nadig from VettaFi.

Cultivate a sense of confidence and optimism for what lies ahead through this guided meditation, promoting trust in the unfolding of your future journey. This week, we launch into a series designed to help you navigate the change. With all the ways in which life is changing dramatically at an ever-increasing rapid pace, it's reassuring to realize that as much as life changes, the more it stays the same. We're following along with the book, "Same As Ever: A Guide to What Never Changes, by renowned author, Morgan Housel. This is part 1 of a 7-part meditation series titled Living Your Best Life Meditations, 1994-3000. THIS WEEK'S CHALLENGE: This week, your weekly challenge is to come up with a meditation technique that you could do immediately to help you navigate the challenges of the week. A DIFFERENT MEDITATION TECHNIQUE EVERY DAY FOCUSED ON A WEEKLY THEME: You are guided with a different meditation technique every day that is customized for the week's theme. Weave the techniques into the most stressful times of your day to manage difficult emotions. The meditation techniques help to calm the "monkey mind," when your thoughts continuously interrupt your meditation. FREE TOOLS: For free meditation tools to help you start meditating please head over to my website at www.SipandOm.com, and there you'll find a multitude of free resources to help you on your Meditation Journey. Enjoy access to nearly 3,000 guided meditations without ads on the Sip and Om app. Try it for 7 days of free access to the full app! Listen on iTunes for 1-Week Free! https://itunes.apple.com/us/app/sip-and-om/id1216664612?platform=iphone&preserveScrollPosition=true#platform/iphone   1-week Free Access to the Android app! https://play.google.com/store/apps/details?id=com.sipandom.sipandom   ***All meditations are Mary Meckley's original copyrighted content unless otherwise stated, and may not be shared without her written permission.   RESOURCES Music composed by Christopher Lloyd Clark licensed by RoyaltyFreeMusic.com, and also by musician Greg Keller.   I'D LOVE TO HEAR FROM YOU I'd love your feedback! Please let me know how you're enjoying the meditations by leaving me a review on iTunes.   **All of the information shared on this podcast is for your enjoyment only. Please don't consider the meditation techniques, herbal tea information, or other information shared by Mary Meckley or any of her guests as a replacement for any kind of medical or psychological treatment. That being said, please enjoy any peace, energy, or clarity you may experience as you meditate!

On episode 119 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Morgan Housel to discuss: Morgan's new book "Same as Ever: A Guide to What Never Changes," what the OpenAI board got wrong, writing that stands the test of time, and much more! Pick up Morgan's book here: https://sites.prh.com/morganhousel Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Kelly talks to best-selling author Morgan Housel whose book “The Psychology of Money” sold over 3 million copies. His new book, “Same as Ever: A Guide to What Never Changes,” is a fascinating look at history’s most powerful lessons. “Asking what the biggest risks are is like asking what you expect to be surprised about.”  “The […]

Morgan Housel, a partner at The Collaborative Fund, and the bestselling author of “The Psychology of Money,” joins Scott to discuss his new book, “Same as Ever: A Guide to What Never Changes.” They get into topics including what to think about when buying a house, how to make healthier financial decisions, and the role money plays in our happiness.  Scott opens with his thoughts on the importance of the US and China's relationship. He also discusses why thinks the new AI wearable on the market will be a thud.  Algebra of Happiness: focus on exercise.  Learn more about your ad choices. Visit podcastchoices.com/adchoices

Welcome back to part two of an important conversation with Morgan Housel that could impact your future wealth! After a deep dive into the principles of wealth creation in part one, we're ready to tackle the remaining hurdles on your journey to financial independence. In this episode, we'll unmask the societal expectations and envy that often cloud our financial decisions, and delve into strategies to overcome these formidable obstacles. Morgan, with his insightful perspectives, will guide us through understanding the importance of aligning our financial decisions with our individual desires, abilities, and risk tolerance. The journey to financial autonomy doesn't have to be complicated. Tune in to part two of this series to continue unlocking the secrets to financial freedom! Check out Morgan's latest book, Same As Ever, A Guide to What Never Changes: https://www.amazon.com/Same-Ever-Guide-Never-Changes/dp/0593332709  Morgan Housel Quotes: “If your expectations grow with your prosperity, you'll never be happy.” “Bad financial behavior has always existed, and I think it will always exist because of the natural human emotions of envy and wanting to one up your neighbor and rising expectations. “They wake up every morning and they're terrified. They have this big goal that they need to meet. They have this audacious thing they're trying to accomplish and they're not there yet, [...] every day they wake up, tortured.” Follow Morgan Housel Website: https://www.morganhousel.com/  Twitter: https://twitter.com/morganhousel  Instagram:https://www.instagram.com/morganhousel/  Podcast: https://podcasts.apple.com/us/podcast/the-morgan-housel-podcast/id1675310669  Follow Tom Bilyeu:  Website: https://impacttheoryuniversity.com/  Twitter: https://twitter.com/TomBilyeu  Instagram: https://www.instagram.com/tombilyeu/ SPONSORS: Get $150 OFF your incredible Cold Plunge tub when you use code IMPACT at https://bit.ly/PlungeImpact Sign up today at https://bit.ly/ButcherBoxImpact and use code IMPACT to get a FREE TURKEY ​plus $20 off your first order.​ This episode is sponsored by BetterHelp. Give online therapy a try at https://bit.ly/BetterhelpImpact and get on your way to being your best self. Learn a new language and get 55% off at https://bit.ly/BabbelImpact. Are You Ready for EXTRA Impact? If you're ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.  This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. Subscription Benefits: Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more New episodes delivered ad-free Exclusive access to Tom's AMAs, keynote speeches, and suggestions from his personal reading list You'll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more: Legendary Mindset: Mindset & Self-Improvement Money Mindset: Business & Finance Relationship Theory: Relationships Health Theory: Mental & Physical Health Power Ups: Weekly Doses of Short Motivational Quotes  Subscribe on Apple Podcasts: https://apple.co/3PCvJaz Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Caught in the seemingly endless cycle of the rat race? Feel like your financial future is on shaky ground? If so, part one of our two-part series with Morgan Housel is an absolute must-listen. We kick off our conversation by diving into the depths of the wealth creation process. It's not about outsmarting others; it's about avoiding common financial pitfalls. I'm excited to have Morgan Housel, a renowned author and financial behaviorist, join us for this insightful discussion. Known for his unique perspectives on personal finance and wealth creation, and his bestselling book, "The Psychology of Money," Morgan will share a simple yet potent formula for building wealth and overcoming financial insecurity. This episode is more than just a guide to wealth accumulation; it's about understanding your desires, abilities, and risk tolerance - crucial components of Housel's wealth creation strategy. He simplifies the often complex world of compounding interest with easily understandable principles. We all yearn for financial independence, but often find ourselves seeking step-by-step instructions to achieve it. The path to wealth, although straightforward, is clouded with societal expectations and envy. Tune in now to begin your journey towards financial freedom! Check out Morgan's latest book, Same As Ever, A Guide to What Never Changes: https://www.amazon.com/Same-Ever-Guide-Never-Changes/dp/0593332709  Follow Morgan Housel Website: https://www.morganhousel.com/  Twitter: https://twitter.com/morganhousel  Instagram:https://www.instagram.com/morganhousel/  Podcast: https://podcasts.apple.com/us/podcast/the-morgan-housel-podcast/id1675310669  Follow Tom Bilyeu:  Website: https://impacttheoryuniversity.com/  Twitter: https://twitter.com/TomBilyeu  Instagram: https://www.instagram.com/tombilyeu/  SPONSORS: Get $150 OFF your incredible Cold Plunge tub when you use code IMPACT at https://bit.ly/PlungeImpact Sign up today at https://bit.ly/ButcherBoxImpact and use code IMPACT to get a FREE TURKEY ​plus $20 off your first order.​ This episode is sponsored by BetterHelp. Give online therapy a try at https://bit.ly/BetterhelpImpact and get on your way to being your best self. Learn a new language and get 55% off at https://bit.ly/BabbelImpact. Are You Ready for EXTRA Impact? If you're ready to find true fulfillment, strengthen your focus, and ignite your true potential, the Impact Theory subscription was created just for you. Want to transform your health, sharpen your mindset, improve your relationship, or conquer the business world? This is your epicenter of greatness.  This is not for the faint of heart. This is for those who dare to learn obsessively, every day, day after day. Subscription Benefits: Unlock the gates to a treasure trove of wisdom from inspiring guests like Andrew Huberman, Mel Robbins, Hal Elrod, Matthew McConaughey, and many, many, more New episodes delivered ad-free Exclusive access to Tom's AMAs, keynote speeches, and suggestions from his personal reading list You'll also get access to an 5 additional podcasts with hundreds of archived Impact Theory episodes, meticulously curated into themed playlists covering health, mindset, business, relationships, and more: Legendary Mindset: Mindset & Self-Improvement Money Mindset: Business & Finance Relationship Theory: Relationships Health Theory: Mental & Physical Health Power Ups: Weekly Doses of Short Motivational Quotes  Subscribe on Apple Podcasts: https://apple.co/3PCvJaz Subscribe on all other platforms (Google Podcasts, Spotify, Castro, Downcast, Overcast, Pocket Casts, Podcast Addict, Podcast Republic, Podkicker, and more) : https://impacttheorynetwork.supercast.com/ Learn more about your ad choices. Visit megaphone.fm/adchoices

A kiss can be very powerful. It can make you feel wonderful and connect you to a person – or it can really mess things up. This episode begins with some interesting intel about the power of a kiss, both good and bad. https://www.scientificamerican.com/article/why-we-kiss/ Change is sexy and exciting – and it can also be your worst enemy. On the other hand, there are some things that never change. You can count on them. And perhaps paying more attention to things that stay the same can be a huge benefit to your life and well-being. It is likely better than trying to predict what changes are coming since humans are particularly horrible at such predictions. Here to make the case for embracing things that stay the same is Morgan Housel. He is a partner at The Collaborative Fund and author of the book Same as Ever: A Guide to What Never Changes (https://amzn.to/3SwWn6u). This is a conversation that will bring you a new perspective on how the world works and how people live. Complaining about the healthcare system is easy. Many people feel it is really hard to develop much of a relationship with their doctor when visits are so short and it's often hard to get an appointment. So perhaps it is up to us – the patients - to squeeze out as much as we can from the healthcare system to get better care and a stronger doctor/patient bond. Joining me to explain how to best do that is Ken Redcross, MD. He is author of the book, Bond: The 4 Cornerstones of a Lasting and Caring Relationship with Your Doctor (https://amzn.to/461Zh6l) and founder of Redcross Concierge, a personalized medical practice designed to enhance the patient-doctor relationship. Listen and you will be much better equipped to interact with the healthcare system. Having little kids is actually good for your immune system. In fact, the more kids the better. How can that be? Listen as I explain. http://www.sciencedaily.com/releases/2012/07/120703142858.htm PLEASE SUPPORT OUR SPONSORS! Zocdoc is the only FREE app that lets you find AND book doctors who are patient-reviewed, take your insurance, are available when you need them! Go to https://Zocdoc.com/SYSK and download the Zocdoc app for FREE. Dell's Black Friday event is their biggest sale of the year! Shop now at https://Dell.com/deals to take advantage of huge savings and free shipping! Let's find “us” again by putting our phones down for five.  Five days, five hours, even five minutes. Join U.S. Cellular in the Phones Down For Five challenge! Find out more at https://USCellular.com/findus Planet Money is an incredible podcast with stories & insights about how money shapes our world. Listen to Planet Money https://npr.org/podcasts/510289/planet-money wherever you get your podcasts! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Investor Morgan Housel, author of the international bestseller The Psychology of Money, on his new book, Same As Ever: A Guide to What Never Changes.

This week, we recap Matt's experience at KubeCon Chicago, provide some hot takes on OpenAI's impending App Store, and delve into Apple's claim that 8 GB is all you need. 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Recommendations Brandon: Same as Ever (https://www.audible.com/pd/Same-as-Ever-Audiobook/B0C1HS5WG1#:~:text=Same%20as%20Ever%20reverses%20the,and%20living%20your%20best%20life.) Morgan Housel | Acquired Podcast (https://www.acquired.fm/episodes/morgan-housel) The Morgan Housel Podcast: My New Book, Same As Ever: A Guide to What Never Changes (https://podcasts.apple.com/us/podcast/my-new-book-same-as-ever-a-guide-to-what-never-changes/id1675310669?i=1000633970682) Matt: DisplayLink (https://www.synaptics.com/products/displaylink-graphics) for multiple external monitors on M1 Macs (Asahi Linux discussion (https://forums.macrumors.com/threads/asahi-creator-1-monitor-support-is-because-of-hardware-limitation.2351766/)) Photo Credits Header (https://unsplash.com/photos/a-close-up-of-a-computer-motherboard-y4_xZ3cs96w)

What I learned from Same As Ever: A Guide to What Never Changes by Morgan Housel. Join the Nat's Notes Newsletter to get my top highlights from the book. If you prefer video, be sure to subscribe on YouTube. Get Two Months Free of Readwise Readwise is my favorite reading tool. I use it to automatically extract my highlights from physical books, and I use their Reader to read and highlight everything I find online. Then they automatically organize all of my notes and send them directly to my note-taking tool, so I can immediately look up anything I loved in past books I read. It's a total game changer for getting the most out of every book you read, and if you love books, you need to be using it. Timestamps [00:00] How to Predict the Future  [01:57] Risk is What You Don't See [03:53] People Want Certainty, not Accuracy [07:31] Storytelling is a Superpower [11:06] Calm Times Create Crazy Times [13:19] Don't Go Too Fast [16:27] More Stress Is Good [17:56] Good News Happens Slowly [19:48] How to Be a Rational Optimist [21:16] Perfection Makes You Fragile [23:10] It's Supposed to Be Hard [25:04] Don't Quit When You're Ahead [26:05] Questions to Ask Yourself If you enjoyed this show, please let me know on Twitter (@nateliason) or Instagram (@nat_eliason)

To figure out what will happen in the future, we typically make guesswork predictions and look to particular periods in the past that seem like potential parallels.My guest says that to figure out what will happen next, and how best to navigate that coming landscape, the best things to consider are those that have been true in every time, and will be true until the end of it.Morgan Housel is a venture capitalist and the author of Same as Ever: A Guide to What Never Changes. Today on the show we talk about ideas and principles that never change that can help you be successful in an ever-changing world, including how the biggest risks are those you can't see, how the idea of compound interest applies beyond your finances, how your expectations can sabotage your happiness, why you need to learn to accept that things are supposed to be hard, and how success can lead to failure. Morgan also shares his rubric for choosing your reading, what genres of books he finds most useful for improving long-term thinking, and two books he especially recommends for broadening your perspective.Resources Related to the PodcastMorgan's previous appearance on the AoM podcast: Episode #659 — Do You Want to Be Rich or Wealthy? (And Why the Difference Matters)AoM Article: 5 Tools for Thriving in UncertaintyAoM Article: The Best Books to Read in Uncertain TimesAoM Podcast #821: Routines Are OverratedThe Great Depression: A Diary by Benjamin RothThe Patriarch: The Remarkable Life and Turbulent Times of Joseph P. Kennedy by David NasawConnect With Morgan HouselMorgan on XMorgan's websiteMorgan on LinkedIn

My new book, Same as Ever: A Guide to What Never Changes, is out today. Books are hard, a multi-year slog from start to finish. But I'm excited for you to read this. I think it's the best writing I've ever done. And it was fun to write! My hope is that you enjoy reading it half as much as I enjoyed writing it. My first book, The Psychology of Money, was really about how you, the individual behave. Same As Ever is about how we, the collective, behave, and what we keep doing over and over. It's 23 short stories about what never changes in a changing world. I've been thinking about this book for my entire career. I've always been skeptical of forecasts, because the world's track record on predicting the next recession, the next election, or the next technology is so bad. That should draw you to the question: What's never going to change?What do we know for certain is going to be part of our future? 

“What really matters for your happiness is not your circumstances It's the gap between your circumstances and your expectations," says Morgan Housel. Morgan, a bestselling author and former columnist for the Wall Street Journal and Motley Fool, joins us to discuss how to optimize your happiness in a world that's so fragile to chance, plus: - Morgan's powerful personal story (~00:09) - How to balance uncertainty & control (~09:01) - How Morgan worked though survivor's guilt (~13:09) - Why happiness depends on expectations (~16:10) - How to realistically measure your happiness (~20:46) - The delicate relationship between money & happiness (~26:26) - How to incentivize people to live healthier (~31:42) - How to find joy in the mundane (~38:41) - How to balance optimism & pessimism (~44:13) - What changes Morgan has made to his own life (~48:05) - What Morgan feels grateful for today (~49:44) Referenced in the episode: - Morgan's book, Same As Ever: A Guide to What Never Changes. - Morgan's previous bestseller, The Psychology Of Money. - Morgan's website. - Start your 30-day free trial with WHOOP. - Sign up for The Long Game.  We hope you enjoy this episode sponsored by WHOOP, and feel free to watch the full video on YouTube! Whether it's an article or podcast, we want to know what we can do to help here at mindbodygreen. Let us know at: podcast@mindbodygreen.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

What does it mean if history is just the same movie, playing over and over?  Morgan Housel is a longtime Fool contributor and the bestselling author of The Psychology of Money. Dylan Lewis caught up with Morgan to talk about his latest book, Same as Ever: A Guide to What Never Changes. They discuss: The not-so-helpful side effect of having fewer economic downturns Why true optimists believe that the future is messy Cautionary tales from companies that “got too wide” And what Warren Buffett understands about storytelling. Tickers discussed: MSFT, GM, APPL, SSU, BRK.A, BRK.B Claim your Stock Advisor discount here: www.fool.com/mfmdiscount Premium Motley Fool US members can check out the latest “Mindset with Morgan Housel” episode here. Host: Dylan Lewis Guest: Morgan Housel Producer: Mary Long Engineer: Rick Engdahl

Podcast: The Tim Ferriss Show (LS 81 · TOP 0.01% what is this?)Episode: #702: Morgan Housel — Contrarian Money and Writing Advice, Three Simple Goals to Guide Your Life, Journaling Prompts, Choosing the Right Game to Play, Must-Read Books, and MorePub date: 2023-10-31Brought to you by Cometeer delicious hyper-fresh, flash-frozen coffee; Momentous high-quality supplements; and LinkedIn Jobs recruitment platform with 900M+ users. Morgan Housel (@morganhousel) is a partner at The Collaborative Fund. His book The Psychology of Money has sold more than three million copies and has been translated into 53 languages. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers and winner of the New York Times Sidney Award. In 2022, MarketWatch named him one of the 50 most influential people in markets. He serves on the board of directors at Markel. Morgan's new book is Same As Ever: A Guide to What Never Changes. You can find my first, widely popular interview with Morgan at tim.blog/morganhousel.Please enjoy!This episode is brought to you by Cometeer! Cometeer is hyper-fresh, expertly brewed, flash-frozen coffee that produces an incredibly delicious cup. Cometeer lets you prepare your coffee with no mess, no machines, no burning, and no bitterness. Cometeer sources high-quality beans from the country's top roasters. The coffee is brewed using proprietary technology to pull out more flavor compounds and antioxidants. It's then flash-frozen at minus 321 degrees Fahrenheit to lock in that incredible flavor and freshness of the specialty brew. Simply add hot water and you've got a game-changing cup of coffee. It's easily customizable in seconds for iced coffees, lattes, espresso martinis, and more.Order today at Cometeer.com/Tim, and listeners of this podcast will also receive a FREE 8-pack of Barista's Choice, a rotating selection of limited-edition specialty roasts from world-class roaster partners like George Howell, Onyx, and Intelligentsia—names many of you will recognize. *This episode is also brought to you by Momentous high-quality supplements! Momentous offers high-quality supplements and products across a broad spectrum of categories, and I've been testing their products for months now. I've been using their magnesium threonate, apigenin, and L-theanine daily, all of which have helped me improve the onset, quality, and duration of my sleep. I've also been using Momentous creatine, and while it certainly helps physical performance, including poundage or wattage in sports, I use it primarily for mental performance (short-term memory, etc.).Their products are third-party tested (Informed-Sport and/or NSF certified), so you can trust that what is on the label is in the bottle and nothing else. If you want to try Momentous for yourself, you can use code Tim for 20% off your one-time purchase at LiveMomentous.com/Tim. And not to worry, my non-US friends, Momentous ships internationally and has you covered. *This episode is also brought to you by LinkedIn Jobs. Whether you are looking to hire now for a critical role or thinking about needs that you may have in the future, LinkedIn Jobs can help. LinkedIn screens candidates for the hard and soft skills you're looking for and puts your job in front of candidates looking for job opportunities that match what you have to offer.Using LinkedIn's active community of more than 900 million professionals worldwide, LinkedIn Jobs can help you find and hire the right person faster. When your business is ready to make that next hire, find the right person with LinkedIn Jobs. And now, you can post a job for free. Just visit LinkedIn.com/Tim.*[07:20] Buffett's Snickers.[12:21] What prompted Morgan to write Same As Ever?[17:44] Morgan's worst advice for aspiring writers is what works for him.[21:48] The upsides of being rich and anonymous.[26:35] Tips for raising unspoiled kids.[33:19] Should families avoid passing along dynastic wealth?[35:45] Finding worthy charities and causes.[41:02] Money and happiness.[48:37] Avalanches and other random, life-changing flukes.[54:32] We can prepare for the future, but we can't predict it.[1:00:58] What current unknowns will seem shockingly obvious in a year?[1:03:22] Which of our current views would change if our incentives were different?[1:06:23] The most valuable personal finance asset.[1:08:54] Optimizing the chance of marrying the right person.[1:11:38] Mending divergence in a marriage or relationship.[1:14:49] Trying to eliminate a hassle that's an unavoidable cost of success.[1:33:16] Guessing at the future of text vs. audio/video.[1:37:41] Books vs. podcasts.[1:46:56] Recommended reading.[2:06:00] Has writing Same As Ever changed how Morgan operates in the world?[2:07:39] Who is the intended audience for Same As Ever?[2:09:47] Parting thoughts.*For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Margaret Atwood, Mark Zuckerberg, Peter Thiel, Dr. Gabor Maté, Anne Lamott, Sarah Silverman, Dr. Andrew Huberman, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.The podcast and artwork embedded on this page are from Tim Ferriss: Bestselling Author, Human Guinea Pig, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

Podcast: The Tim Ferriss Show (LS 81 · TOP 0.01% what is this?)Episode: #702: Morgan Housel — Contrarian Money and Writing Advice, Three Simple Goals to Guide Your Life, Journaling Prompts, Choosing the Right Game to Play, Must-Read Books, and MorePub date: 2023-10-31Brought to you by Cometeer delicious hyper-fresh, flash-frozen coffee; Momentous high-quality supplements; and LinkedIn Jobs recruitment platform with 900M+ users. Morgan Housel (@morganhousel) is a partner at The Collaborative Fund. His book The Psychology of Money has sold more than three million copies and has been translated into 53 languages. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers and winner of the New York Times Sidney Award. In 2022, MarketWatch named him one of the 50 most influential people in markets. He serves on the board of directors at Markel. Morgan's new book is Same As Ever: A Guide to What Never Changes. You can find my first, widely popular interview with Morgan at tim.blog/morganhousel.Please enjoy!This episode is brought to you by Cometeer! Cometeer is hyper-fresh, expertly brewed, flash-frozen coffee that produces an incredibly delicious cup. Cometeer lets you prepare your coffee with no mess, no machines, no burning, and no bitterness. Cometeer sources high-quality beans from the country's top roasters. The coffee is brewed using proprietary technology to pull out more flavor compounds and antioxidants. It's then flash-frozen at minus 321 degrees Fahrenheit to lock in that incredible flavor and freshness of the specialty brew. Simply add hot water and you've got a game-changing cup of coffee. It's easily customizable in seconds for iced coffees, lattes, espresso martinis, and more.Order today at Cometeer.com/Tim, and listeners of this podcast will also receive a FREE 8-pack of Barista's Choice, a rotating selection of limited-edition specialty roasts from world-class roaster partners like George Howell, Onyx, and Intelligentsia—names many of you will recognize. *This episode is also brought to you by Momentous high-quality supplements! Momentous offers high-quality supplements and products across a broad spectrum of categories, and I've been testing their products for months now. I've been using their magnesium threonate, apigenin, and L-theanine daily, all of which have helped me improve the onset, quality, and duration of my sleep. I've also been using Momentous creatine, and while it certainly helps physical performance, including poundage or wattage in sports, I use it primarily for mental performance (short-term memory, etc.).Their products are third-party tested (Informed-Sport and/or NSF certified), so you can trust that what is on the label is in the bottle and nothing else. If you want to try Momentous for yourself, you can use code Tim for 20% off your one-time purchase at LiveMomentous.com/Tim. And not to worry, my non-US friends, Momentous ships internationally and has you covered. *This episode is also brought to you by LinkedIn Jobs. Whether you are looking to hire now for a critical role or thinking about needs that you may have in the future, LinkedIn Jobs can help. LinkedIn screens candidates for the hard and soft skills you're looking for and puts your job in front of candidates looking for job opportunities that match what you have to offer.Using LinkedIn's active community of more than 900 million professionals worldwide, LinkedIn Jobs can help you find and hire the right person faster. When your business is ready to make that next hire, find the right person with LinkedIn Jobs. And now, you can post a job for free. Just visit LinkedIn.com/Tim.*[07:20] Buffett's Snickers.[12:21] What prompted Morgan to write Same As Ever?[17:44] Morgan's worst advice for aspiring writers is what works for him.[21:48] The upsides of being rich and anonymous.[26:35] Tips for raising unspoiled kids.[33:19] Should families avoid passing along dynastic wealth?[35:45] Finding worthy charities and causes.[41:02] Money and happiness.[48:37] Avalanches and other random, life-changing flukes.[54:32] We can prepare for the future, but we can't predict it.[1:00:58] What current unknowns will seem shockingly obvious in a year?[1:03:22] Which of our current views would change if our incentives were different?[1:06:23] The most valuable personal finance asset.[1:08:54] Optimizing the chance of marrying the right person.[1:11:38] Mending divergence in a marriage or relationship.[1:14:49] Trying to eliminate a hassle that's an unavoidable cost of success.[1:33:16] Guessing at the future of text vs. audio/video.[1:37:41] Books vs. podcasts.[1:46:56] Recommended reading.[2:06:00] Has writing Same As Ever changed how Morgan operates in the world?[2:07:39] Who is the intended audience for Same As Ever?[2:09:47] Parting thoughts.*For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Margaret Atwood, Mark Zuckerberg, Peter Thiel, Dr. Gabor Maté, Anne Lamott, Sarah Silverman, Dr. Andrew Huberman, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.The podcast and artwork embedded on this page are from Tim Ferriss: Bestselling Author, Human Guinea Pig, which is the property of its owner and not affiliated with or endorsed by Listen Notes, Inc.

Brought to you by Cometeer delicious hyper-fresh, flash-frozen coffee; Momentous high-quality supplements; and LinkedIn Jobs recruitment platform with 900M+ users. Morgan Housel (@morganhousel) is a partner at The Collaborative Fund. His book The Psychology of Money has sold more than three million copies and has been translated into 53 languages. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers and winner of the New York Times Sidney Award. In 2022, MarketWatch named him one of the 50 most influential people in markets. He serves on the board of directors at Markel. Morgan's new book is Same As Ever: A Guide to What Never Changes. You can find my first, widely popular interview with Morgan at tim.blog/morganhousel.Please enjoy!This episode is brought to you by Cometeer! Cometeer is hyper-fresh, expertly brewed, flash-frozen coffee that produces an incredibly delicious cup. Cometeer lets you prepare your coffee with no mess, no machines, no burning, and no bitterness. Cometeer sources high-quality beans from the country's top roasters. The coffee is brewed using proprietary technology to pull out more flavor compounds and antioxidants. It's then flash-frozen at minus 321 degrees Fahrenheit to lock in that incredible flavor and freshness of the specialty brew. Simply add hot water and you've got a game-changing cup of coffee. It's easily customizable in seconds for iced coffees, lattes, espresso martinis, and more.Order today at Cometeer.com/Tim, and listeners of this podcast will also receive a FREE 8-pack of Barista's Choice, a rotating selection of limited-edition specialty roasts from world-class roaster partners like George Howell, Onyx, and Intelligentsia—names many of you will recognize. *This episode is also brought to you by Momentous high-quality supplements! Momentous offers high-quality supplements and products across a broad spectrum of categories, and I've been testing their products for months now. I've been using their magnesium threonate, apigenin, and L-theanine daily, all of which have helped me improve the onset, quality, and duration of my sleep. I've also been using Momentous creatine, and while it certainly helps physical performance, including poundage or wattage in sports, I use it primarily for mental performance (short-term memory, etc.).Their products are third-party tested (Informed-Sport and/or NSF certified), so you can trust that what is on the label is in the bottle and nothing else. If you want to try Momentous for yourself, you can use code Tim for 20% off your one-time purchase at LiveMomentous.com/Tim. And not to worry, my non-US friends, Momentous ships internationally and has you covered. *This episode is also brought to you by LinkedIn Jobs. Whether you are looking to hire now for a critical role or thinking about needs that you may have in the future, LinkedIn Jobs can help. LinkedIn screens candidates for the hard and soft skills you're looking for and puts your job in front of candidates looking for job opportunities that match what you have to offer.Using LinkedIn's active community of more than 900 million professionals worldwide, LinkedIn Jobs can help you find and hire the right person faster. When your business is ready to make that next hire, find the right person with LinkedIn Jobs. And now, you can post a job for free. Just visit LinkedIn.com/Tim.*For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, Margaret Atwood, Mark Zuckerberg, Peter Thiel, Dr. Gabor Maté, Anne Lamott, Sarah Silverman, Dr. Andrew Huberman, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Today, we are going behind the scenes with a master of his craft, Morgan Housel. In the investing world that Matt and I are from, there are few – if any – who make better content than Morgan. His blog has been a personal favourite for years and his first book, The Psychology of Money, just crossed 3 million sales. So we reached out to see if he'd take us behind the scenes. Where does he write, when does he write, how much is art, how much science. To get into those details, we took a blog Morgan wrote in late 2017 called The Freakishly Strong Base and used that as a case study to explore his craft. It's one of my favourite pieces he's written and focuses on compounding in nature, business, and investing. At this point you might like to hit pause and read, or re-read, The Freakishly Strong Base on the Collab fund website. Then come back here to learn how Morgan writes magic like this. For the full show notes, transcript, and links to the best content to learn more, check out the episode page here. ----- This episode is brought to you by Scribe. Scribe is the presenting sponsor of this episode of Making Media and the magic behind the Colossus transcripts. One of the best decisions we made at Colossus was transcribing all of our audio into a searchable transcript library. We had been using another provider up until the summer of 2022 but we were constantly having issues with accuracy if our audio was just the slightest bit impaired. Whether it's training sessions, internal Q&As, or for media purposes, the value of transcripts is huge. And we are not alone. Scribe is the transcription service that powers all of S&P Global - like CapIQ - and the client list includes our friends at Tegus. Go to joincolossus.com/scribe to unlock 150 minutes of free transcription and test their capabilities. ----- Making Media is a property of Colossus, LLC. For more episodes of Making Media, visit joincolossus.com/episodes. Stay up to date on all our podcasts by signing up to Colossus Weekly, our quick dive every Sunday highlighting the top business and investing concepts from our podcasts and the best of what we read that week. Sign up here. Follow us on Twitter: @ReustleMatt | @domcooke | @MakingMediaPod | @JoinColossus  Show Notes (00:03:30) - (First question) - His writing process during The Freakishly Strong Base (00:10:09) - The strategy he uses of intertwining unrelated stories with finance (00:15:58) - The philosophy of "good enough" writing and the need to let go of a piece (00:18:28) - Why he typically begins his articles with an enticing title prior to forming the content (00:21:06) - How he blends storytelling with investing topics to engage readers (00:25:05) - The balance between making a concise point and reinforcing it through examples (00:27:06) - Why he opts for shorter pieces, exemplified by his book The Psychology of Money and its concise chapters (00:28:05) - How he combines mental organization and note-taking tools for idea management (00:31:34) - Why taking control of the writing and design process is critical for maintaining creative autonomy (00:35:34) - Embracing feedback, downplaying viewership numbers, and the role of luck (00:38:23) - The power of compounding and the slow nature of positive change (00:40:04) - The process of writing his second book - Same as Ever: A Guide to What Never Changes  (00:41:06) - Who he finds inspiration from in his career (00:46:20) - Why personal taste and resonance define good writing (00:49:12) - How writing can evoke a range of emotions (00:51:40) - Why serving on Markel's board has been a fascinating and enjoyable experience (00:53:16) - Debrief  Learn more about your ad choices. Visit megaphone.fm/adchoices

Morgan Housel (The Psychology of Money) joins Brent Beshore & David Cover to discuss how to build wealth, why people are mad at Morgan, and why most investors are asking the wrong questions – plus, they clear the air on Brent's online feud with Morgan.    LINKS & MENTIONS FROM THIS EPISODE Preorder Morgan's new book, Same As Ever https://www.penguinrandomhouse.com/books/672339/same-as-ever-by-morgan-housel/  Read The Psychology of Money https://www.amazon.com/Psychology-Money-Timeless-Lessons-Happiness/dp/B08D9WJ9G8/ref=sr_1_3?crid=1ZWO7MWLGMIF4&keywords=morgan+housel&qid=1681911241&sprefix=morgan+hous%2Caps%2C302&sr=8-3  Listen to Morgan's podcast https://podcasts.apple.com/us/podcast/the-morgan-housel-podcast/id1675310669  Listen to Brent & David's interview with Shane Parrish https://www.permanentequity.com/content/why-discipline-doesnt-matter-with-shane-parrish  Morgan mentions the book, April 1865 by Jay Winik https://www.amazon.com/April-1865-Professor-Jay-Winik-audiobook/dp/B00VQPDKWS/ref=sr_1_1?crid=2T648CGQZ69TS&keywords=jay+winnick&qid=1681928090&sprefix=jay+winick%2Caps%2C104&sr=8-1 CONNECT Morgan on twitter https://twitter.com/morganhousel  Morgan on LinkedIn https://www.linkedin.com/in/morgan-housel-5b473821/  Brent on twitter https:/https://twitter.com/BrentBeshore Brent on LinkedIn https://www.linkedin.com/in/brentbeshore  David on twitter https://twitter.com/DavidACover David on LinkedIn https://www.linkedin.com/in/david-cover-318752230/  Visit https://www.permanentequity.com/ for more Sign up for our weekly newsletter for operators, Permanent Playbook: https://www.permanentequity.com/newsletter  Sign up for a new daily newsletter from Tim Hanson, Unqualified Opinions: https://www.permanentequity.com/unqualified-opinions    TIMESTAMPS 0:00 Intro & Why Brent Hates Morgan 2:08 David Apologizes to Morgan 4:27 Did Morgan Know He Was Going to be a Best Selling Author? 10:17 Why People Are Mad at Morgan & Why Investors Are Asking the Wrong Questions 15:09 Why Brent Doesn't Consider Himself an Investor 17:35 How Almost Dying Shaped Morgan's View of Risk & Luck 26:31 How to Not Make Bad Decisions 29:22 How to Have Enough 36:06 How to Create Something That Will Have Impact 38:36 Is it Possible to Save Too Much Money? 41:26 What Should Owners & Operators Do With Their Money? 47:37 Getting Rich vs Staying Rich 53:47 How to Learn from the Past and What Never Changes 56:75 How to Be Less Cynical 59:08 Housel Hot-Takes: What Are You Reading? 1:00:52 Housel Hot-Takes: Bitcoin & AI 1:03:39 Housel Hot-Takes: The Fed 1:05:03 Housel Hot-Takes: Expensive Wine Is Overrated  1:06:08 Housel Hot-Takes: Twitter & Elon Musk 1:08:02 What Would You Go Back & Tell Your 30 Year Old Self? 1:09: Frenemies Are Frenemies Forever 1:10:46 Let's Send This Podcast to Someone Together 1:11:40 What Happens Next 1:12:35 Moment of Compliance Zen   EPISODE CREDITS Produced by David Cover Intro music by David Cover, Andy Freeman, Rhett Johnson, & Andrew Luley Outro music by Jees Guy Moment of Compliance Zen music by Shimmer   WE STEWARD COMPANIES THAT CARE WHAT HAPPENS NEXT  Visit https://www.permanentequity.com/ for more Sign up for Permanent Playbook, our newsletter for operators in the field: https://www.permanentequity.com/newsletter  Sign up for Unqualified Opinions, a new daily newsletter from our very own Tim Hanson: https://www.permanentequity.com/unqualified-opinions  Check out our other podcast episodes here: https://www.permanentequity.com/audio    LEGAL DISCLAIMER This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Permanent Equity. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Permanent Equity and may not be copied, reproduced, republished or posted, in any form, without its express written consent.  

Audra Russell speaks with Christian mystery author Gomer Joseph. Gomer Joseph, a native of Spring Valley, New York, earned his Business degree at Bob Jones University. Gomer says he writes stories “to glorify God, to minister, and to relate to my readers.” Reviewers commend his God-centered stories.He is the author of Never Gonna Be the Same, What's the Real Meaning of Love, You Gotta Do Right, Be Ready Always, and the Never As It Seems series. Joseph offers some of his work at no cost on Wattpad, including his play, What Never Changes, and his nonfiction story, It Is Well With My Soul: The Horatio G. Spafford Story.The writer and publisher also covers true crime cases on YouTube.We have a good time discussing all the crazy left turns of Never As It Seems and all those messy characters! So sit back, relax, and enjoy!Support the show (https://www.patreon.com/user?u=29642304)

-- On the Show:-- Morgan Housel, author of the internationally bestselling books "The Psychology of Money" and "Same as Ever: A Guide to What Never Changes," joins David to discuss the psychology of money, the things that seem to never change, and more. Get his latest book here: https://amzn.to/3RmDYr7-- Year-over-year inflation ticks down again to 3.1% as the stock market approaches an all time high with record low unemployment-- Fox News host Steve Doocy derails another Joe Biden crime segment by mentioning that there is still no evidence of any crimes-- Donald Trump's potential 2024 cabinet members leak, and it's as disturbing and deranged as anyone could imagine-- Failed former President Donald Trump attacks his own lawyer for supposedly bad legal advice after a disastrous court decision for Trump-- Failed former President Donald Trump says that he was merely "joking" about becoming a dictator-- Special Prosecutor Jack Smith will present evidence directly from Donald Trump's phone at trial-- Republican Senator Mitt Romney says that in order to support a Joe Biden impeachment inquiry, he would like to see evidence of wrongdoing-- Voicemail caller thinks David needs to spend more time covering Hunter Biden-- On the Bonus Show: Special Counsel wants immediate Supreme Court decision on Trump, Russian opposition leader Alexey Navalny missing from prison, Iowa fight over Satanic display a reminder of Republican hypocrisy, much more...