Timeless Lessons on What Never Changes in Markets | Same as Ever w/ Morgan Housel (TIP602)
HTML-код
- Опубликовано: 28 июн 2024
- Clay is joined by Morgan Housel to discuss his newest book, Same as Ever, and uncover the key themes in financial history that have never changed.
Morgan Housel is a partner at The Collaborative Fund. He's the New York Times Bestselling author of The Psychology of Money and Same As Ever. His books have sold over 4.5 million copies and have been translated into more than 50 languages. He also serves on the board of directors at Markel.
IN THIS EPISODE YOU’LL LEARN:
0:00:00 - Intro
0:01:13 - The key themes that never change in our world.
0:03:26 - Why the world is much more fragile than we’re led to believe.
0:08:23 - Why the biggest risk is the one you don’t see coming.
0:14:18 - Why successful stock picking is about so much more than the numbers.
0:17:49 - The importance of thinking probabilistically.
0:21:26 - The true power of exceptional storytelling.
0:23:49 - Why every stock valuation is a number from today multiplied by a story about tomorrow.
0:26:28 - Why market extremes such as the meme stock craze are not unnatural, and they should actually be expected.
0:29:42 - Morgan’s investment approach.
0:32:01 - Why most investor's biggest advantage is patience.
0:35:30 - Why most competitive advantages eventually die.
0:47:38 - How the world’s most successful people utilize inefficiency and slack to achieve more.
0:52:19 - Why Morgan writes for an audience of one.
🤝 Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Clay and the other community members: theinvestorspodcast.com/maste...
📈 Learn to invest like legend investors do - from the company that has interviewed them. Use RUclips15 to get 15% off! theinvestorspodcast.podia.com...
💰Click here to download your FREE guide to Stop Worrying About Your Finances In 4 Simple Steps: www.theinvestorspodcast.com/s...
▶️ RELATED EPISODES:
- 1% Action Will Change Your Life | The Psychology of Money: • 1% Action Will Change ...
- Timeless Lessons on Wealth, Greed, and Happiness | The Psychology Of Money With Morgan Housel: • Timeless Lessons on We...
- 3 Things to Master | The Psychology of Money by Morgan Housel: • 3 Things to Master | T...
- The Book That Changes Your Financial Life | The Psychology of Money by Morgan Housel Book Review: • The Book That Changes ...
- The Most Important Things That Will Matter is How You Behave - Morgan Housel: • The Most Important Thi...
🎧 Listen to our episodes here: link.chtbl.com/TIP-WSB
🖊️ Access the transcript and learn more about the guest here: www.theinvestorspodcast.com/e...
📖 BOOKS MENTIONED:
- Same as Ever by Morgan Housel: amzn.to/3S4ceYu
- The Psychology of Money by Morgan Housel: amzn.to/3UbpxsN
Disclosure: Some of the links above are affiliate links that we may earn commission from. This helps keep our show going! 😀
💡 OTHER RESOURCES
- Seeking Alpha is a crowd-sourced content service for financial markets. Take control of your financial future - Use our link here for a 14-day free trial: www.sahg6dtr.com/59QC8Z/R74QP/
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
ABOUT OUR SHOW 🎙
On We Study Billionaires, we interview and study famous financial billionaires including Warren Buffett, Bill Gates, and Ray Dalio. We teach you what we learn and how you can apply their investment strategies in the stock market.
🌍 Website: www.theinvestorspodcast.com/w...
📝 Help us understand our audience better so we can create a more intentional user experience by answering this survey! www.theinvestorspodcast.com/s...
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
📚OUR FREE INVESTING COURSES/RESOURCES www.theinvestorspodcast.com/t...
📊TRY OUR STOCK INVESTING TOOL: TIP FINANCE www.theinvestorspodcast.com/t...
⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤ ⏤
❗ DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.
![Megan Thee Stallion - Rattle [Official Audio]](http://i.ytimg.com/vi/qY6qwqVCsww/mqdefault.jpg)
📌 Check out this video next: ruclips.net/video/6WQn7_eXLzk/видео.html
⚠ IMPORTANT: Please beware of cyber scams and phishing attacks. We will never ask for your contact info in the comments section. Kindly report suspicious accounts you see below. Thank you!
Si me
"Every valuation in investing is a number from today multiplied by a story about tomorrow." ...so good
Lots of amazing quotes from Morgan! 💡
It's always a pleasure listening Morgan
Glad you enjoyed the episode! 🙏
I read the Psychology of Money and the Same as Ever in two days. They were so easy and enjoyable to read with great insights!
Glad to hear that! 📖
Amazing interview, thank you! I’ve seen several interviews with Morgan regarding his new book. This is by far the best one. 👍🏻
Wow, thank you very much! 🙌
Morgan, you should do a RUclips blog rather than a Twitter blog, which few people see.
He has a podcast that you can listen to, excellent and short to the point.
What a great interview! I saw you guys in podcast format and it was nice, sooo glad you are in RUclips too!!
Glad to hear that! ❤
I admire when people know it all and have it all figured out
Dang such small amount of views on this video that should have at least a million
We hope to reach it! 🚀
The only certainty is uncertainty
Amen! 🙏
This gets a deserved like - even before I saw it. Can't wait to watch it.
Thank you. Enjoy! 😎
Appreciate the support! Morgan delivered as always!
@@clayfinck He's living it. Absolutely inspiring.
Awesome, Clay!
Thanks for watching. Cheers! 🎉
I've just bought the new book :)) Thank you for great podcast! 💥
Hope you enjoy it! 📖
Great Mr Morgan!
Love Morgan. Thank you Clay
I'm right there with you! Thank you for tuning in.
Glad to hear it! 🙌
Please add chapters
Thank you so much
Glad you enjoyed the interview! 🙏
Fantastic episode
Glad you think so! 🎉
Thanks ❤
Thank you for watching! 🙌
AMAZING
Thank you so much! 🙏
Excellent
Glad to hear that! 🙌
So good
Thanks so much for watching! 🙏
Gold❤
Thank you so much for tuning in! 💡
It's all about story telling...
Hi Guys please check this out
Guru Nanak Ji 500 years ago 8.4 million life forms on earth
Guardian newspaper UK 2011 approximately 8.6 million life on earth
Including bacteria etc
حلم 💭 ،،،،،،،،،،،،،،،،،حلم حلم 💭 حلم 💭
Yes it is not for the numbers but story and history. Most of the 9 TIP’s Legendary Investors have been beaten by the market in the last 10 years. BRK slightly overcame SPY. Buffet is the only guru able to perform more than 3 decades and done it twice! Others are legends not relevant anymore. Dalio delivered nothing, Icahn or Soros almost bankrupted their funds.
What about Jim Simons?
@@george6977 After the astonishing +39.1%/year 1988-2018 net of fees performance, in the last 5 years (till Q3 2023) mimics SPY lowering the CAGR to +35.5%.