This chapter emphasizes the importance of experiencing and understanding market volatility. It discusses the challenge of truly understanding one's risk tolerance and highlights the slower feedback period in investing. The chapter also touches on the concept of reasonable optimism in the face of setbacks and challenges.
It’s our annual best-of interview show!
(00:21) Best-selling author Morgan Housel talks through his book Same as Ever the timeless lessons from history that endure, no matter how the world changes.
(19:11) Restaurateur, investor, and chairman at Cava Ron Shaich talks about Cava’s path to becoming a public company, and why you might not want to bet against him in the restaurant industry.
Stocks discussed: GOOG, GOOGL, X, META, CAVA, SBUX
Host: Dylan Lewis
Guests: Morgan Housel, Ron Shaich
Engineers: Dan Boyd
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