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Jul 2024
56m 3s

Eternal Laws of Human Nature: Timeless I...

Growth Mindset Psychology
About this episode

Dive into the timeless insights of Morgan Housel's book 'Same As Ever' and the nature or things that never change.


We unpack the most profound lessons from the book, exploring how subtle shifts in perspective can lead to monumental changes in personal finance and decision-making.


Sam invites his book review cohost Nicolas Vereecke on the show to discover how Housel's principles can be applied to everyday life, providing clarity and guidance through the complexities of economics and behavioural finance.


Lessons and principles include:

  • Risk is what we don't see
  • Balancing drive and satisfaction
  • Investing in things that are permanent winners
  • The role of Cohorts on success
  • Permanent vs. Expiring information


Join us as we decode strategies for smarter investing, savvier saving, and overall wiser financial health.



Sponsors:

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Morgan Housel Links


Meet Sam


Growth Mindset Psychology:

Sam Webster explores the psychology of happiness, satisfaction, purpose, and growth through the lens of self-improvement.


Chapters:

00:00 Introduction - Things that never change

04:29 Book summary: Same as Ever by Morgan Hause

05:01 Human behaviour the Lindy Principle

05:54 Key Takeaway: Progress is Hard to See

06:56 The Impact of Evolution on Human Perception

10:10 The Risks We Don't See

10:47 The Role of Luck in Success

16:06 Happiness and Expectations

18:39 Balancing Stress and Relaxation

20:42 Balancing drive with Satisfaction - Ad break

23:13 The Influence of Your Social Circle

28:06 The Impact of Age in Professional Hockey

29:02 The Role of Private Tutoring in Education

29:42 The Influence of Cohorts on Success

31:16 Permanent vs. Expiring Information

33:39 Books vs. Podcasts: A Debate

37:46 Getting information from the source - Ad break 2

42:42 The Value of Taste and Enthusiasm

44:34 Book Review and Final Thoughts

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