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

Dive into the timeless insights of Morgan Housel's book 'Same As Ever' and the nature or things that never change.

We 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.

Sam 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.

Lessons and principles include:

Risk is what we don't see

Balancing drive and satisfaction

Investing in things that are permanent winners

The role of Cohorts on success

Permanent vs. Expiring information

Join us as we decode strategies for smarter investing, savvier saving, and overall wiser financial health.

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Morgan Housel Links

Morgan's Blog - Collab Fund

Morgan's Podcast - The Morgan Housel Podcast

Psychology of Money

Same As Ever

Meet Sam

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Newsletter - Expansive Thinking

Chapters: 00:00 Introduction - Things that never change 04:29 Book summary: Same as Ever by Morgan Hause 05:01 Human behaviour the Lindy Principle 05:54 Key Takeaway: Progress is Hard to See 06:56 The Impact of Evolution on Human Perception 10:10 The Risks We Don't See 10:47 The Role of Luck in Success 16:06 Happiness and Expectations 18:39 Balancing Stress and Relaxation 20:42 Balancing drive with Satisfaction - Ad break 23:13 The Influence of Your Social Circle 28:06 The Impact of Age in Professional Hockey 29:02 The Role of Private Tutoring in Education 29:42 The Influence of Cohorts on Success 31:16 Permanent vs. Expiring Information 33:39 Books vs. Podcasts: A Debate 37:46 Getting information from the source - Ad break 2 42:42 The Value of Taste and Enthusiasm 44:34 Book Review and Final Thoughts Learn more about your ad choices. Visit podcastchoices.com/adchoices