Morgan Housel — Contrarian Money and Writing Advice, Three Simple Goals to Guide Your Life, and More
120,022
Publicado 2023-10-31
Cometeer delicious hyper-fresh, flash-frozen coffee: cometeer.com/tim
Momentous high-quality supplements: livemomentous.com/tim
LinkedIn Jobs recruitment platform with 900M+ users: linkedin.com/tim
Morgan's new book: www.amazon.com/Same-Ever-Guide-Never-Changes/dp/05…
Resources from this episode: tim.blog/2023/10/31/morgan-housel/
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!
00:00 Intro
01:29 Buffett's Snickers.
06:38 What prompted Morgan to write Same As Ever?
12:14 Morgan's worst advice for aspiring writers is what works for him.
16:24 The upsides of being rich and anonymous.
19:56 Tips for raising unspoiled kids.
28:22 Should families avoid passing along dynastic wealth?
30:54 Finding worthy charities and causes.
35:18 Money and happiness.
43:04 Avalanches and other random, life-changing flukes.
49:28 We can prepare for the future, but we can't predict it.
56:11 What current unknowns will seem shockingly obvious in a year?
58:38 Which of our current views would change if our incentives were different?
1:01:46 The most valuable personal finance asset.
1:04:26 Optimizing the chance of marrying the right person.
1:07:20 Mending divergence in a marriage or relationship.
1:10:40 Trying to eliminate a hassle that's an unavoidable cost of success.
1:30:19 Guessing at the future of text vs. audio/video.
1:34:56 Books vs. podcasts.
1:44:56 Recommended reading.
2:04:30 Has writing Same As Ever changed how Morgan operates in the world?
2:06:22 Who is the intended audience for Same As Ever?
2:08:32 Parting thoughts.
Tim Ferriss is one of Fast Company’s “Most Innovative Business People” and an early-stage tech investor/advisor in Uber, Facebook, Twitter, Shopify, Duolingo, Alibaba, and 50+ other companies. He is also the author of five #1 New York Times and Wall Street Journal bestsellers: The 4-Hour Workweek, The 4-Hour Body, The 4-Hour Chef, Tools of Titans and Tribe of Mentors. The Observer and other media have named him “the Oprah of audio” due to the influence of his podcast, The Tim Ferriss Show, which has exceeded 900 million downloads and been selected for “Best of Apple Podcasts” three years running.
Sign up for "5-Bullet Friday" (Tim's free weekly email newsletter): go.tim.blog/5-bullet-friday-yt/
Follow the Tim Ferriss Podcast: tim.blog/podcast/
Visit the Tim Ferriss Blog: tim.blog/
Follow Tim Ferriss on Twitter: twitter.com/tferriss/
Follow Tim Ferriss on Instagram: www.instagram.com/timferriss/
Like Tim Ferriss on Facebook: www.facebook.com/TimFerriss/
Todos los comentarios (21)
-
Brought to you by: Cometeer delicious hyper-fresh, flash-frozen coffee: cometeer.com/tim Momentous high-quality supplements: livemomentous.com/tim LinkedIn Jobs recruitment platform with 900M+ users: linkedin.com/tim
-
Morgan is a GEM for our times. I think a big part of what makes him special is that he has zero ego and no agenda. And of course he is also super smart, well read, analytical, down to earth, a great communicator and seemingly very approachable. The Psychology of Money is one of my favorite books of all time.
-
Morgan is one of the clearest & thoughtful thinkers of our generation. Loved this episode!
-
I’ve listened to Dave Ramsey for almost 20 years. He’s great. But there is no one who’s views on money/investing I agree with more than Morgan Housel
-
“Social debt”! Brilliant! So true in disadvantaged communities we feel pressured to lift everyone when we make it.
-
Morgan is full of knowledge! Wow, makes you think about something you would never thought thinking about.
-
Wonderful interview. Thanks Tim and Morgan for sharing openly your thoughts and ideas.
-
All of Morgan's success is well earned and deserved. Highly recommend his books, podcast and Collaboritive fund blog. It's all priceless but I'd be way more than he is charging for all of it (the blog is free as is the podcast!).
-
“Having money is not everything. Not having it is.”
-
Huge fan of Morgan Housel. This is awesome to see him on here!
-
I've been invested in the idea of living life in a counter-intuitive way and I'm glad Morgan's contrary approach to life (as bleak as one might attribute it to be) is being reverberated. Thanks for going deep Tim.
-
I listened to your episode with Jack, which inspired me to meditate again, your episode with Mate and Roll helped me workout some child trauma, your episode with Apollo has turned me into an aspiring magician, Attia got me to sign up to a gym, Sam Harris is a shining light of morality, and now Morgan which has a ton of takeaways, but the main one for me is to be grateful. Sorry for those I missed, literally every episode is gold. Thanks for what you do Tim, you are a legend!
-
What a great conversation 2 hours flew by with myself wanting for more
-
loved "Same as Ever", so many awesome quotes and ways of thinking about things
-
Fantastic episode, So much insights. I had to stop and replay selected portions several times to make notes. I feel smarter when I'm finished😇
-
Morgan, I bought both format of your “Phycology of Money”, finished them both & revisited them every once awhile. Still find gems every time. Thanks so much for the great content. You also have a great voice for reading & podcast, enjoyed your both productions.
-
Really phenomenal conversation I had to listen twice. First time for entertainment, second time as a student.
-
Morgan always has great insight! A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger teaches the key investment principles of Buffett and Munger.
-
Finally got around to watch tim’s video man its been too long Its like being revisited by an old friend i forgot i have all tao of seneca audiobooks and i still need to listen Haven’t listen to tim’s podcast in month today i change that it feels like being in space for many years and you missed the Earth the very first thing you do is kiss the floor Miss the content
-
Tim's point about how hope is so much more valuable than people give it credit for, especially for someone struggling, and most humans do struggle in some way, and how buying a lottery ticket to give you something to look forward to and strive for and be excited about is very true. I have found this to be true for myself, and as I look back at things I have done, including getting excited about saving and investing for the possible wealth and escape velocity it could generate for me and my family over time, this really helped me to push forward through hard and dark times. Still working on it, getting wiser and seeing things more broadly than I used to, and grateful for the journey and the nuggets of hope along the way :)
