Exploring the challenges of committing to long-term strategies amidst short-term fluctuations, innate qualities affecting successful investing, and the tendency to underestimate personal growth over time. Delving into the importance of simplicity and personal responsibility in recurring experiences and the counterintuitive nature of trying less for better results in investing.
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...
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