Minimum Levels of Stress
The Morgan Housel Podcast
Morgan Housel
4.9 β’ 1.1K Ratings
ποΈ 24 January 2025
β±οΈ 13 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
Summary
Most people β and definitely society as a whole β seem to have a minimum level of stress. They will never be fully at ease because after solving every problem the gaze of their anxiety shifts to the next problem, no matter how trivial it is relative to previous ones.
Thanks to my friends at Ramp -- the best expense accounting system I've seen. For more check out ramp.com/morgan.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | One of my favorite quotes is from David Packard, who once said, more businesses die of indigestion than of |
| 0:06.9 | starvation. I see this all the time. It is so common with money, whether it is for you individually or for |
| 0:13.1 | your business, that people get so tangled up in the big complex projects that they drop the ball on the small |
| 0:19.3 | stuff. To do well over time, you have to get the |
| 0:22.1 | simple stuff right first. And one of those fundamentals in business that often gets overlooked |
| 0:27.7 | is expense management. And that is why 25,000 businesses use Ramp. Ramp is a corporate |
| 0:34.9 | card that includes the best expense tracking and reporting software that I have |
| 0:39.1 | ever seen. It makes expense management so simple by automatically capturing every transaction |
| 0:45.1 | the moment a card is swiped. For listeners of the show, Ramp is offering metal cards for the next 30 |
| 0:50.4 | days. Just go to Ramp.com slash Morgan. That's Ramp.com slash Morgan. That's ramp.com slash Morgan. Cards are issued by |
| 0:58.7 | Sutton Bank, member FDIC, terms and conditions apply. Let me play a recording for you of something that might sound simple, but when I tell you what this is that you're about to hear, you might find extraordinary. |
| 1:18.0 | From the mountains to the prairies to the oceans, white, home. |
| 1:36.3 | God bless America, my home sweet home. |
| 1:46.4 | That very poor, out of tune singing that you just heard was every member of the U.S. Congress spontaneously erupting into singing, God bless America, on September 12th, 2001. |
| 1:52.5 | Of course, the day after the 9-11 terrorist attacks. |
| 1:56.1 | And why you might find that incredible is because it's almost impossible to imagine Congress doing |
| 2:01.6 | that today, given how nasty and partisan and spiteful politics has become. Could you imagine all |
| 2:09.6 | of them standing up and holding hands and singing together? It seems almost impossible to imagine |
| 2:14.2 | that happening today. I mean, it seems like most of those people can't even stand to be in the same room with |
| 2:18.8 | each other, let alone stand next to each other singing. |
| 2:22.6 | But I actually think that if America faced another existential crisis like 9-11 was, |
| 2:29.8 | the same kind of unity would actually come roaring back. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Morgan Housel, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Morgan Housel and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright Β© Tapesearch 2026.

