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The Morgan Housel Podcast

Smart Things Smart People Have Said

The Morgan Housel Podcast

Morgan Housel

Business

4.91.1K Ratings

🗓️ 28 March 2024

⏱️ 12 minutes

🧾️ Download transcript

Summary

A few of the best and most insightful things I've read lately. 

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back. Just a short podcast today, but one that hopefully you will find has more value per minute of

0:17.3

recording than many others that you listen to. I know the content today does that for me because what I'm going to do today

0:26.1

is just share with you some of my favorite things that I've read recently. Quotes from

0:32.0

very smart people who I think said some very smart things.

0:37.0

I don't read poetry.

0:40.0

Maybe I should, because I love the concept of poetry, which is if you distill something down as briefly as you can,

0:50.0

you can actually make something that has more insight and more power and more emotion in a couple

0:57.3

lines or even just a couple of words than other people might be able to say in an entire book.

1:04.0

For sure, there are quotes that I have come across

1:08.0

that have caused me to think more and I think taught me more

1:12.0

that I've learned from some books.

1:13.4

I don't know if that says more about the quote or the book,

1:16.7

but I've always been a fan of just very brief little bits of knowledge.

1:21.2

I don't think it's a lazy thing to like a short quote. I think it's

1:26.2

extremely difficult to distill something profound into a sentence and when you come across it it's a wonderful thing it's a beautiful thing

1:38.0

So I've been collecting some quotes for years maybe decades at this point. I have a Google Doc on my desktop called Thoughts

1:46.1

where I just randomly collect all of these little sentences that I come across from various

1:50.8

authors and thinkers and fund managers, whoever it might be.

1:55.6

So let me just share with you some of these today that I've read recently that I thought were worth sharing with you.

2:08.5

People in their 30s know where the world is going because they're going to do it. I am in my 80s so I have no idea.

2:15.0

That was from Daniel Kahneman, the great psychologist, who as you may have seen passed away yesterday.

2:22.0

He was an incredible man, lived an incredible life. He said that at a dinner that I went to about a decade ago

...

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