Guest
Morgan Housel is a partner at The Collaborative Fund, an investor and an author. The world continues to change, but the hairless apes that inhabit it stay the same. So there must be some laws of human psychology which remain true, no matter what time and place you're in, and today we get to go through some of the most fascinating ones. Expect to learn what reasonable optimism looks like, the difference between overnight tragedies and long term miracles, what we can learn by the divorces of the richest men on the planet, how people become tragedies of perfection, why most competitive advantages eventually die and much more... - 00:00 What is Rational Optimism? 01:15 The Benefits of Stress for Innovation 11:04 Good News Takes a Lot of Time 14:51 Why Is Bad News More Memorable? 21:25 Progress Requires Pessimism & Optimism 28:55 Hiring the Greatest Leaders 35:30 What Do You Think is Productive But Isn’t? 41:58 Good Things Are Supposed to Be Hard 51:56 M
