In this episode, Aden and David discuss key concepts from Morgan Housel’s book “Same as Ever” that remain constant even in an ever-changing world.
They explore the idea that risk is often unforeseen, and the power of small, consistent habits compounding over time. The hosts also examine how expectations impact happiness more than reality itself.
David shares the “same as ever” principles he has seen over 25 years at Capital Partners, including having a strong foundation through values and goals, tuning out noise, and investing in human ingenuity.
- (0:00:01 – 0:10:00) “risk is what you don’t foresee”
- (0:10:00 – 0:15:15) Positive habits or small unhealthy choices
- (0:15:15 – 0:19:32) Expectations vs reality
- (0:19:32 – 0:22:08) Having a strong foundation of values/goals
- (0:22:08 – 0:27:33) Examining investing in human ingenuity
Resources:
The Psychology of Money: Timeless lessons on wealth, greed, and happiness: Morgan Housel
Same as Ever: A Guide to What Never Changes: Morgan Housel
