Morgan Housel on How to Use the Past Wisely to Forge the Future EP 415
Passion Struck with John R. Miles
John R. Miles
4.7 • 779 Ratings
🗓️ 13 February 2024
⏱️ 55 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Coming up next on Passion Street. |
| 0:02.2 | So I have no idea or neither is anybody else |
| 0:05.2 | when the next bear market is going to occur in the stock market. |
| 0:07.9 | But I know with certainty how people are going to respond |
| 0:11.6 | with greed and fear and uncertainty and their |
| 0:14.2 | tribal influences and how they interpret the media and the incentives of |
| 0:18.3 | investors, the incentives of advisors, the incentives of the media, that's never |
| 0:22.1 | changed and it will never change. |
| 0:24.8 | So we know even if we don't know what's going to change, let's put all of our attention in these things |
| 0:28.6 | that don't. |
| 0:29.6 | As a student of history, I'm always most excited reading history when I read something that took place |
| 0:34.8 | 50 years ago a hundred years ago a thousand years ago and you realize that if you just |
| 0:39.2 | change the dates on what you just read from 1823 to 2023 every word would fit right in. |
| 0:45.6 | So when you find something that doesn't change, you know you found something that's |
| 0:48.4 | particularly important in the world that you should put a lot of you focus in the |
| 0:51.8 | tension on. Welcome to Passion Struck. |
| 0:54.0 | Hi, I'm your host John R Miles, and on the show, |
| 0:56.8 | we decipher the secrets, tips, and guidance |
| 0:59.8 | of the world's most inspiring people |
| 1:02.0 | and turn their wisdom into practical advice for you |
| 1:05.6 | and those around you. Our mission is to help you unlock the power of intentionality so that |
| 1:11.5 | you can become the best version of yourself. |
... |
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