This chapter examines the nostalgia surrounding the 1950s as an ideal era, despite its shortcomings, and explores factors contributing to this perception. It also touches on the power of stories, the impact of good news over time, and introduces the guest, Morgan Housel.
We may live in an ever-evolving world, but some things never change. The power of a good story. The miracle of compound interest. The cold, hard fact that money can’t buy happiness. This is the deceptively simple premise of “Same as Ever” by Morgan Housel. If we can master the behaviors that never change, we’ll be ready to handle whatever the future throws at us. On today’s show, Morgan sits down with Rufus to share some of the timeless lessons from his new book as well as enduring wisdom from his last, “The Psychology of Money.”
Host: Rufus Griscom
Guest: Morgan Housel
• Support our show by joining the Next Big Idea Club. Visit nextbigideaclub.com to learn more, and use the code PODCAST for a 20% discount