Things That Never Change With Morgan Housel

The Compound and Friends

Josh Brown

Business News, News, Investing, Business

4.7 • 2.2K Ratings

🗓️ 24 November 2023

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

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Summary

On episode 119 of The Compound and Friends, Michael Batnick and Downtown Josh Brown are joined by Morgan Housel to discuss: Morgan's new book "Same as Ever: A Guide to What Never Changes," what the OpenAI board got wrong, writing that stands the test of time, and much more! Pick up Morgan's book here: https://sites.prh.com/morganhousel Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Josh Brown are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the compound and friends. All opinions expressed by Josh Brown, Michael
0:04.7	Batnick and their castmates are solely their own opinions and do not reflect the
0:08.4	opinion of Red Holt's wealth management. This podcast is for informational
0:12.0	purposes only and should not be relied upon for any investment decisions
0:15.4	Clients of Riddholz wealth management may maintain positions in the securities discussed in this podcast
0:33.0	I think everything's worth podcast. Wait hold on hold on hold on hold on hold on. Why can't I do that?
0:34.0	Hold on I'm not even because what you said is ridiculous but
0:37.4	Morgan Josh looks ridiculous but his video is going to be fine when we
0:40.4	No, I know it's all like that both you look terrible but oh I look terrible
0:44.3	too but yeah I'm sure I look ridiculous or the resolution is just not that good
0:49.3	the resolution relax I mean that's isn't that a better way of phrasing it? Right? Well, I think you look
0:57.2	handsome. So, well, all right. Let's go. Hey everybody. Hey everybody, we are here with the one and only Morgan Housel and we're going to talk
1:06.1	about Morgan's new book. My name is downtown Josh Brown. I'm here with Michael
1:09.8	Batnick as always. This is a special edition of the Compound and Friends, and we are so excited to have our guest here.
1:17.8	Let me give you guys a very quick background.
1:20.9	If you've never heard of Morgan Housall, he is one of the greatest writers of our generation,
1:27.0	talks about finance, behavior, etc.
1:30.0	He is a partner at the Collaborative Fund.
1:32.0	His first book, The Psychology of Money,
1:34.4	has sold over 4 million copies.
1:37.5	Morgan just released his latest book,
1:39.4	Same As Ever, a guide to what never changes. It is now a New York Times bestseller I
	...

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