The Morgan Housel Podcast Investing: The Greatest Show on Earth
326 snips
Aug 15, 2025 Dive into an innovative investing platform that simplifies portfolio building through advanced technology. Discover how critical preventive strategies in cancer treatment parallel foundational advice in investing. Explore universal truths from diverse fields, revealing insights on risk and reward. Finally, uncover how the fascination with investing reflects deeper questions about human behavior and society, making the world of finance much more intriguing.
AI Snips
Chapters
Books
Transcript
Episode notes
Prevention Loses To Flashy Breakthroughs
- Harold Varmus argued cancer prevention was underprioritized compared to flashy treatments.
- He explained prevention is boring, so it gets less attention despite greater impact.
Behavior Change Beats Lab Breakthroughs
- Robert Weinberg described how persuading people to quit smoking is unexciting scientific work.
- He noted quitting smoking would reduce lung cancer far more than many spectacular medical advances.
Boring Choices Often Deliver The Most Value
- Morgan Housel argues investing suffers the same bias toward exciting but less effective strategies.
- He says boring actions like saving more and being patient move the needle far more often.
