The Morgan Housel Podcast

Every great idea can be taken too far. Take the notion that investors should ignore the short run.It

I wrote letters to both of my kids the day before they were born. Here's what I wanted them to

Hacks are hard because shortcuts rarely exist. Prizes take time and effort.The personal finance indu

Luck plays such a big role in the world. But few people want to talk about it. If I say you got luck

The fun part of behavioral finance is learning about how flawed other people can be. The hard part i

A few of the best and most insightful things I've read lately. 

Woodrow Wilson was the only president with a Ph.D. in political science.He came to office having tho

Mae West said, “Too much of a good thing can be wonderful.” That might be true for some things – hea

This episode discusses my take on what you should pay attention to when reading history. There’s a q

Let me share a little theory I have about optimism, and why progress is so easy to underestimate.I’l

Behavioral finance is now well documented. But most of the attention goes to how people invest. But

There’s obviously a hierarchy of information. It ranges from life-changing good to life-changing dis

There are two big ways to learn: Active learning: Someone tells you what to learn, how to learn it,

One sentence that knocked me off my feet when I read Will and Ariel Durant’s The Lessons of History

My wife recently bought me an old book. It's called The Mathematical Theory of Investment. It w

Expiring skills tend to get more attention. They’re more likely to be the cool new thing, and a key

My new book, Same as Ever: A Guide to What Never Changes, is out today. Books are hard, a multi-year

All optimistic beliefs can be dangerous because they’re so comforting, so easy to accept without ask

Daniel Kahneman says, "The long-term success of a relationship depends far more on avoiding the

Measuring wealth is easy. You just count it up. Measuring some of the downsides of wealth is so much