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Motley Fool Hidden Gems Investing

The Tastes That Change and Stay the Same

Motley Fool Hidden Gems Investing

The Motley Fool

Investing, Business

4.33.1K Ratings

🗓️ 22 December 2023

⏱️ 39 minutes

🧾️ Download transcript

Summary

It’s our annual best-of interview show! (00:21) Best-selling author Morgan Housel talks through his book Same as Ever the timeless lessons from history that endure, no matter how the world changes. (19:11) Restaurateur, investor, and chairman at Cava Ron Shaich talks about Cava’s path to becoming a public company, and why you might not want to bet against him in the restaurant industry. Stocks discussed: GOOG, GOOGL, X, META, CAVA, SBUX Host: Dylan Lewis Guests: Morgan Housel, Ron Shaich Engineers: Dan Boyd Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Some things never change and the things that do only get tastier.

0:08.7

Motley Full Money starts now. Everybody needs money.

0:27.0

money.

0:28.0

That's why they call it money.

0:30.0

The best things in a life are free. but you can give them to the

0:35.0

brothers and be the from from full global headquarters this is Motley Full

0:39.9

Money. It's the Motley Full Money radio show I'm'm your host, Don Lewis, and we're coming to you with a special episode for this holiday weekend.

0:46.0

Each week on the Motley Full Money radio show, we air an interview segment, but that's just a small sliver of the interviews we do for the Motley Full Money Podcast

0:53.6

and for all of our member content over the course of the year.

0:56.4

Today's radio show is our best of for interviews that aired in our daily podcast

1:00.5

but didn't make it out to our radio audience.

1:03.0

Our first one up is with a fool favorite and best-selling author, Morgan Housall.

1:07.0

Morgan's latest book, Same As Ever, came out this fall, focused on the timeless lessons from history that endure,

1:12.0

no matter how the world changes.

1:14.2

He talked me through how so much of history is just the same story playing over and over again.

1:19.8

I want to kind of immediately get into one of the last things in the book that you mentioned,

1:25.3

if you don't mind me going to the last page.

1:27.2

As you wrap, you talk a little bit about how you had a concerted effort about a decade ago

1:33.3

to start reading more history

1:35.2

and start reading fewer forecasts.

1:37.9

And I'm curious, just given the nature of the book

1:40.8

and how it is very historical,

...

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