Eternal Laws of Human Nature: Timeless Investing Principles from Same As Ever" - Morgan Housel

Published: July 26, 2024, 11:34 a.m.

Dive into the timeless insights of Morgan Housel's book 'Same As Ever' and the nature or things that never change.\n\nWe unpack the most profound lessons from the book, exploring how subtle shifts in perspective can lead to monumental changes in personal finance and decision-making. \n\nSam invites his book review cohost Nicolas Vereecke on the show to discover how Housel's principles can be applied to everyday life, providing clarity and guidance through the complexities of economics and behavioural finance.\n\nLessons and principles include:\n\nRisk is what we don't see\n\nBalancing drive and satisfaction\n\nInvesting in things that are permanent winners\n\nThe role of Cohorts on success\n\nPermanent vs. Expiring information\n\n\nJoin us as we decode strategies for smarter investing, savvier saving, and overall wiser financial health.\n\n\nSponsors:\nManScaped: Men's grooming at its best.\n20% Off + Free Shipping - code 'GROWTH' - ManScaped.com/Growth\n\nShortForm: Summaries of the world's best books.\nFree trial + 20% off - code 'PSYCHOLOGY' - ShortForm.com/Psychology\n\nSleepyClub: Doctor-approved natural sleeping aid that improves sleep quality.\n20% discount - code 'GROWTH20' - SleepyClub.co.uk\n\nMorgan Housel Links\n\nMorgan's Blog - Collab Fund\n\n\nMorgan's Podcast - The Morgan Housel Podcast\n\n\nPsychology of Money\n\nSame As Ever\n\n\nMeet Sam\n\nFree Call - Schedule Link\n\n\nGrowth Mindset Psychology:\nSam Webster explores the psychology of happiness, satisfaction, purpose, and growth through the lens of self-improvement.\n\n\nWatch - YouTube (Growth Mindset)\n\n\n\nWebsite - GrowthMindsetPodcast.com\n\n\n\nInsta - SamJam.zen\n\n\n\nNewsletter - Expansive Thinking\n\n\n\nChapters:\n00:00 Introduction - Things that never change\n04:29 Book summary: Same as Ever by Morgan Hause\n05:01 Human behaviour the Lindy Principle\n05:54 Key Takeaway: Progress is Hard to See\n06:56 The Impact of Evolution on Human Perception\n10:10 The Risks We Don't See\n10:47 The Role of Luck in Success\n16:06 Happiness and Expectations\n18:39 Balancing Stress and Relaxation\n20:42 Balancing drive with Satisfaction - Ad break\n23:13 The Influence of Your Social Circle\n28:06 The Impact of Age in Professional Hockey\n29:02 The Role of Private Tutoring in Education\n29:42 The Influence of Cohorts on Success\n31:16 Permanent vs. Expiring Information\n33:39 Books vs. Podcasts: A Debate\n37:46 Getting information from the source - Ad break 2\n42:42 The Value of Taste and Enthusiasm\n44:34 Book Review and Final Thoughts\nLearn more about your ad choices. Visit podcastchoices.com/adchoices