Bookworm

186: Same as Ever by Morgan Housel

65 snips
Dec 22, 2023
Exploring the idea of consistency, the hosts discuss Morgan Housel’s insights on timeless principles in a rapidly changing world. They delve into effective task management strategies, sharing their experiences with Obsidian. A critique of outdated self-improvement tools sparks conversation about perfectionism and hidden potential. The balance of good and bad news is examined, emphasizing the need for an optimistic mindset. Through storytelling and personal anecdotes, they reflect on growth and the small choices that lead to success.
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INSIGHT

Importance of Constants

  • We tend to focus on changes, but unchanging aspects are more crucial.
  • What doesn't change provides stability and is more important than fleeting trends.
ANECDOTE

Snickers Story

  • In late 2009, a friend asked Warren Buffett how the economy would recover.
  • Buffett responded by pointing out that the best-selling candy bar in 1962 (Snickers) was still the best-selling candy bar in 2009, illustrating that some things remain constant despite change.
ANECDOTE

Avalanche Incident

  • Morgan Housel recounts a tragic skiing accident where he narrowly avoided death by deciding not to join his friends on a dangerous slope.
  • This experience highlighted the impact of seemingly small decisions.
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