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The Morgan Housel Podcast
The Morgan Housel Podcast
Morgan Housel

The Morgan Housel Podcast -- timeless lessons on wealth, greed, and happiness.

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Episodes

The Most Important Financial Skill: Getting The Goalpost to Stop Moving

A look at why so many Americans think the best was better than it was: People in the past may... more

18 Dec 2024 · 20 minutes
Experts From a World That No Longer Exists

The world evolves faster than people's beliefs do. This episode looks at the need to change your mind, and why... more

06 Dec 2024 · 13 minutes
Universal Laws of the World

A few laws from random sciences that almost certainly apply to your own -- regardless of what you do for... more

27 Nov 2024 · 18 minutes
Why Pessimism Sounds So Smart

If you're a student of history, you know that most things have gotten better for most people over time. But... more

15 Nov 2024 · 16 minutes
Rare and Powerful Skills

A few easy-to-overlook skills that are so vital in today's world. Brought to you my friends at Readwise -- visit... more

04 Nov 2024 · 15 minutes
My Favorite Book: An Astounding Look at How Fast the World Can Change

This episode digs into one of my favorite books of all time: The Big Change by Frederick Lewis Allen. Written... more

22 Oct 2024 · 36 minutes
This Was Never Easy: A Brief History of Nostalgia

There's a Russian saying that I love: "The past is more unpredictable than the future." It explains so much about... more

10 Oct 2024 · 21 minutes
Everything In Life Is Cyclical

A lot of mistakes in life come when you think risk is something caused by external forces, when in fact... more

04 Oct 2024 · 12 minutes
Do It Your Own Way

The ultimate success metric is whether you get what you want out of life. But that’s harder than it sounds... more

27 Sep 2024 · 13 minutes
A Few Little Ideas And Short Stories

Some of the most interesting stuff I've come across lately.

12 Sep 2024 · 13 minutes
Cumulative vs. Cyclical Knowledge

In some fields our knowledge is seamlessly passed down across generations. In others, it’s fleeting. To paraphrase investor Jim Grant:... more

29 Aug 2024 · 12 minutes
Different Kinds of BS

Jeff Bezos once said there are different kinds of smart. Distinguishing the various flavors is important because if you think... more

25 Jul 2024 · 13 minutes
I Have A Few Questions

A few important money and life topics to make you ponder.

01 Jul 2024 · 14 minutes
Quiet Compounding

"Nature is not in a hurry, yet everything is accomplished,” said Chinese philosopher Lao Tzu.Giant sequoias, advanced organisms, towering mountains... more

17 Jun 2024 · 7 minutes
History's Seductive Beliefs

My deepest forecasting belief is that you can better understand the future if you focus on the behaviors that never... more

11 Jun 2024 · 17 minutes
Lazy Work, Good Work

The most productive work you can do often looks like the laziest -- but it can be hard to accept... more

24 May 2024 · 9 minutes
The Long Run Is Just A Collection of Short Runs

Every great idea can be taken too far. Take the notion that investors should ignore the short run.It's important to... more

13 May 2024 · 8 minutes
The Best Financial Advice I Know (What I Want My Kids To Learn)

I wrote letters to both of my kids the day before they were born. Here's what I wanted them to... more

06 May 2024 · 10 minutes
Realistic Personal Finance Hacks

Hacks are hard because shortcuts rarely exist. Prizes take time and effort.The personal finance industry – filled with advice that... more

25 Apr 2024 · 10 minutes
Lucky vs. Repeatable

Luck plays such a big role in the world. But few people want to talk about it. If I say... more

11 Apr 2024 · 8 minutes
No One Is Crazy

The fun part of behavioral finance is learning about how flawed other people can be. The hard part is trying... more

05 Apr 2024 · 14 minutes
Smart Things Smart People Have Said

A few of the best and most insightful things I've read lately.

28 Mar 2024 · 11 minutes
Accountable to Darwin vs. Accountable to Newton

Woodrow Wilson was the only president with a Ph.D. in political science.He came to office having thought more about how... more

18 Mar 2024 · 14 minutes
The Dumber Side of Smart People

Mae West said, “Too much of a good thing can be wonderful.” That might be true for some things –... more

08 Mar 2024 · 13 minutes
How to Engage With History

This episode discusses my take on what you should pay attention to when reading history. There’s a quote I love... more

28 Feb 2024 · 10 minutes
Compounding Optimism

Let me share a little theory I have about optimism, and why progress is so easy to underestimate.I’ll explain it... more

14 Feb 2024 · 12 minutes
A Few Thoughts on Spending Money

Behavioral finance is now well documented. But most of the attention goes to how people invest. But the study of... more

01 Feb 2024 · 12 minutes
Information That Would Get Your Attention

There’s obviously a hierarchy of information. It ranges from life-changing good to life-changing disastrous.That got me thinking: What would be... more

17 Jan 2024 · 12 minutes
Active vs. Passive Learning

There are two big ways to learn: Active learning: Someone tells you what to learn, how to learn it, on... more

05 Jan 2024 · 11 minutes
Respect Each Others’ Delusions

One sentence that knocked me off my feet when I read Will and Ariel Durant’s The Lessons of History was:... more

22 Dec 2023 · 8 minutes
The 10 Most Important Financial Skills

My wife recently bought me an old book. It's called The Mathematical Theory of Investment. It was written in 1913... more

12 Dec 2023 · 15 minutes
Expiring vs. Permanent Skills

Expiring skills tend to get more attention. They’re more likely to be the cool new thing, and a key driver... more

17 Nov 2023 · 15 minutes
My New Book, Same As Ever: A Guide to What Never Changes

My new book, Same as Ever: A Guide to What Never Changes, is out today. Books are hard, a multi-year... more

07 Nov 2023 · 15 minutes
Justifying Optimism

All optimistic beliefs can be dangerous because they’re so comforting, so easy to accept without asking further questions. Hope often... more

30 Oct 2023 · 12 minutes
Little Flaws

Daniel Kahneman says, "The long-term success of a relationship depends far more on avoiding the negative than on seeking the... more

21 Oct 2023 · 10 minutes
A Few Laws of Getting Rich

Measuring wealth is easy. You just count it up. Measuring some of the downsides of wealth is so much harder... more

12 Oct 2023 · 18 minutes
Death, Taxes, and a Few Other Things

My new book, Same As Ever, comes out in a month. It's about things that never change -- what's always... more

06 Oct 2023 · 18 minutes
Respect and Admiration

Just after my son was born I wrote a few things I thought he’d find helpful as an adult. One... more

27 Sep 2023 · 11 minutes
Trying Too Hard

A truth that applies to almost every field is that it’s possible to try too hard, and when doing so... more

18 Sep 2023 · 13 minutes
The Lifecycle of Greed and Fear

All greed starts with an innocent idea: that you are right, deserve to be right, and are owed something for... more

31 Aug 2023 · 12 minutes
The Morgan Housel Podcast
The 10 Most Important Financial Skills
The Morgan Housel Podcast
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Listen now on

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Description

My wife recently bought me an old book. It's called The Mathematical Theory of Investment. It was written in 1913 and it's... more