Embracing Rational Optimism: Navigating Setbacks for Future Gains

Morgan Housel is a partner at The Collaborative Fund, an investor and an author.

The world continues to change, but the hairless apes that inhabit it stay the same. So there must be some laws of human psychology which remain true, no matter what time and place you're in, and today we get to go through some of the most fascinating ones.

Expect to learn what reasonable optimism looks like, the difference between overnight tragedies and long term miracles, what we can learn by the divorces of the richest men on the planet, how people become victims of perfection, why most competitive advantages eventually die and much more... 

Sponsors:

See discounts for all the products I use and recommend: https://chriswillx.com/deals

Get a 20% off all Momentous orders and up to 32% off new customer subscriptions at https://livemomentous.com/modernwisdom (automatically applied at checkout)

Get 10% discount on all Gymshark’s products at https://bit.ly/sharkwisdom (use code MW10)

Get $150 discount on Plunge’s amazing sauna or cold plunge at https://plunge.com (use code MW150)

Extra Stuff:

Get my free reading list of 100 books to read before you die: https://chriswillx.com/books

Try my productivity energy drink Neutonic: https://neutonic.com/modernwisdom

Episodes You Might Enjoy:

#577 - David Goggins - This Is How To Master Your Life: http://tinyurl.com/43hv6y59

#712 - Dr Jordan Peterson - How To Destroy Your Negative Beliefs: http://tinyurl.com/2rtz7avf

#700 - Dr Andrew Huberman - The Secret Tools To Hack Your Brain: http://tinyurl.com/3ccn5vkp

-

Get In Touch:

Instagram: https://www.instagram.com/chriswillx

Twitter: https://www.twitter.com/chriswillx

YouTube: https://www.youtube.com/modernwisdompodcast

Email: https://chriswillx.com/contact

-

Learn more about your ad choices. Visit megaphone.fm/adchoices