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Renowned writer and partner at the Collaborative Fund, Morgan Housel, discusses his new book and the impact of his writing on investors. They explore the rapid dissemination of technologies, resistance to change, and a controversial decision made by OpenAI. The responsibilities of company boards and the gradual improvement in heart disease mortality are also discussed. They address the challenge of thinking about things that never change amidst a constantly changing news cycle.
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Quick takeaways
- Focusing on concepts that withstand the test of time provides valuable insights and understanding.
- Books exploring timeless concepts like 'Same as Ever' and 'The Psychology of Money' offer enduring insights into human behavior and finance.
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Importance of Focusing on Timeless Concepts
It is important to focus on concepts that stand the test of time, as they provide valuable insights and understanding. In a world where news and trends change rapidly, timeless ideas can offer stability and guidance. By examining historical patterns and behaviors, we can learn from the past and make more informed decisions for the future.
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Listen to the best highlights from the podcasts you love and dive into the full episode