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| Hello there! Nik here with your 3 weekend reads. This week, let's begin by learning that no matter how crazy the markets, the world, the news, most things are actually the... Same as Ever by Morgan Housel If you don't know Morgan Housel, he's one of the clearest thinkers on money, finance, and life currently sharing his thoughts in regular, beautifully written form. Housel is a partner at Collaborative Fund, and it's on that fund's blog that his writing first found widespread popularity. In 2020, Housel published The Psychology of Money, one of the few books that eventually manage to sell a million copies and more. It was a sort of "best of" from his blog, edited and adjusted with new bits. And even though all Morgan did was share a totally common-sense money philosophy, albeit beautifully written and with interesting stories, the book took off. Perhaps it is exactly for those reasons—just like Yuval Noah Harari didn't write the first history book with Sapiens—he just wrote a beautiful one. A few years later, Housel published a follow-up: Same as Ever: A Guide to What Never Changes. I finally read the book in full while on vacation with my family earlier this year. Look: The book is a collection of 23 short stories, also partially sourced from Housel's great blog. They are ordered in a way that makes sense and illustrate various concepts around time, risk, and human behavior. In a notoriously uncertain world, what are the patterns we can depend on? It's not quite as strong as The Psychology of Money, but I found it to be a worthy follow-up. Especially the first chapter, where Housel retells a tragic story from his childhood that came with a remarkable life lesson, is one I won't forget any time soon. Awesome, evergreen read in a world filled by ever more contemporary fluff. Here's what you'll learn in today's video:
If you want an amazing guide on history, markets, and making better decisions, watch this video. Not your cup of read? Here are 2 other titles you might enjoy:
That's all for now. I hope you'll learn something new, and remember: Some lessons you can only learn firsthand. Happy reading,
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