Hola! Nik with The 4 Minute Read here. This week, we beat last week's record. Morgan Housel's new book came out on Tuesday. Today, we've already got it summarized for you — both in text and video! Here's this week's goodie bag:
Every day, a million things happen, and nothing in life ever stays the same — or does it? When predicting the future, we tend to take the wrong approach, popular blogger and hedge fund partner Morgan Housel claims. Why do we keep trying to guess what will change when, actually, we can just focus on the things that don't? Same as Ever, his brand new bestseller following the mega-success of The Psychology of Money (sold 4 million copies!), tells 23 short stories that will show you the many ways in which the world is still the same it was hundreds of years ago — and why, when making decisions, especially financial ones, it is those consistencies that matter the most. If you want to master the art of reading the world and make better decisions, financial and otherwise, do not miss out on this book.
In 2009, during the Great Recession, Warren Buffett was driving around Omaha with a friend. The friend was worried that the economy would never bounce back from the financial crisis.
"Do you know what the most popular candy bar was in 1962?" Warren asked.
"No," the friend said.
"Snickers," Warren answered. "And do you know what's the most popular candy bar today?"
"No," the friend said again.
"Snickers," Warren replied — and that was the end of the conversation.
The lesson? Some things change. Others don't. And especially in investing, only the latter category matters.
Did you know that, as a Four Minute Books Lifetime Member, you'll get access to over 10 exclusive, high-quality, science-based guides to improving your life?
From reading better to beating procrastination to becoming a more optimistic person, we've got you covered!
Here's a sneak peek of the full list:
The Complete Guide to Remembering What You Read
10 Mental Biases and How to Fight Them
A Phone Setup That Will Make You More Mindful
Battery Life Hacks
How to Become an Optimist With Journaling Exercises
How to Conquer Procrastination With 3 Self-Awareness Techniques
How to Expand Your Brain With Evernote
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The Art of Creating Long-Lasting Habits
Bonus: How to Not Waste Your Life
Of course, that's just the tip of the iceberg. You'll also get...
Access to all our 1,200+ summaries in 2 different, lightweight PDF formats for printing, saving, and offline reading
Audio versions of nearly all titles, which you can listen to offline or via your favorite podcast app
Real-time access to new titles in PDF-form via Dropbox
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Working for a non-profit, Jeff Goins never thought he could be a writer. Until a friend told him: "Jeff, you ARE a writer. You just need to write." He quit his job, started writing every day, and, eventually, published multiple bestsellers. In The Art of Work, he explains how we can find our calling — and why a calling doesn't always have to last a lifetime. If you're trying to figure out your life, read this summary.
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