SAME AS EVER by Morgan Housel | Core Message

[@ReflectionOcean]

1. Diversify investments into uncorrelated assets to minimize risk (2:18). 2. Keep more cash in safe money market funds than you think necessary (2:39). 3. Adopt a "day one" mentality to avoid complacency (4:43). 4. Seek new opportunities before current ones are exhausted (4:52). 5. Consider the optimal size for sustainable business growth (7:00).

[@TheodoreStearns]

Really appreciate your concise summaries yet you always seem to capture the important essence of the books. Many thanks!

[@alphabeta8403]

1:40 Curveball once a decade 3:00 California superbloom 5:20 World's largest man 6:00 Slow growth = durability 8:00 Biggest risk

[@GabrielAlmeida-bj7pr]

Great, great, great. Congrats and thank you!

[@waynesletcher7470]

Always a pleasure to consume your content. Now to write out the PDF. Keep up the great work!

[@DeepDiveBooks]

If you have time, maybe you can take a look at this video. It provides a more in-depth interpretation of 'Same As Ever,' which might bring you some new insights. Sorry to disturb you. kzbin.info/aero/PLIP4BtF_Dx8hT5t-CRiws-2ySlRb1YYKE

[@HODICHO]

Thanks you saved me 10hours to learn what the book has to say

[@jann9796]

Thanks! Excellent summary. Always enjoy your productive game!

[@DeepDiveBooks]

If you have time, maybe you can take a look at the interpretation of 'Same As Ever.' He offers a different perspective on this book, which might bring you some new insights. Apologies for the interruption. kzbin.info/aero/PLIP4BtF_Dx8hT5t-CRiws-2ySlRb1YYKE

[@goldilockszone4389]

I think I am gonna buy this book. Thanks for the review

[@ReflectionOcean]

the importance of preparing for unforeseen financial crises the dangers of excessive growth or success the value of sustainable growth over time

[@DeepDiveBooks]

If you're interested, maybe take a look at this video offering an in-depth analysis of 'Same As Ever.' It breaks down and dissects the book's content extensively, providing fresh insights and inspiration. Sorry to disturb you! kzbin.info/aero/PLIP4BtF_Dx8hT5t-CRiws-2ySlRb1YYKE

[@stefan-eckhart]

6:10 700% over a 20 year period is about 10% a year compounding. Felt interesting.

[@premchettri7170]

Gandhi Famously quoted "if you wanna go fast, walk alone but if you wanna go far , walk together", Problem is, world has changed and is soo dynamic right now walking together makes one so slow that life become painful. If one were to follow S&P in last 3 years, most ppls understands the pain !! Infact I have seen a people going all in with Margin Money on "so call", safe investment S&P when Interest rate was literally 2%.. Can you see the pain they have faced? They are wiped outta their investment portfolio.. Moral of the story is, dont eat whatever others are shitting, do you own diligence !! Nice book, Love you subbed from along time for these contents though keep it coming !

[@juanvilla8821]

That's how you do a summary 🤩

[@5un5hine73]

Thank you for another outstanding review ❤

[@earncryptoz]

I love you ❤️❤️❤️ Thank you for sharing this amazing book 🙏

[@jackvrooman8655]

Awesome summary, as always!

[@alexbowen2287]

Another banger

[@RaymondJames-y7v]

overall the video is very good and has solid advice.

[@Thinkingbigwins]

Thank you for this

[@ominollo]

Some points remind me of Howard Marks when he talks about “Risk”. I’m currently reading the “Psychology of money” from the same author and I can only recommend it. I will add this one to my wishlist too😊

[@DeepDiveBooks]

If you're interested, maybe take a look at this video offering an in-depth analysis of 'Same As Ever.' It breaks down and dissects the book's content extensively, providing fresh insights and inspiration. Sorry to disturb you! kzbin.info/aero/PLIP4BtF_Dx8hT5t-CRiws-2ySlRb1YYKE

[@ominollo]

Thanks for your summary 👍

[@DeepDiveBooks]

If you have time, maybe you can take a look at this video. It provides a more in-depth interpretation of 'Same As Ever,' which might bring you some new insights. Sorry to disturb you. kzbin.info/aero/PLIP4BtF_Dx8hT5t-CRiws-2ySlRb1YYKE

[@eversmilezachary]

Does this book really good than before??

[@rishiraj2548]

Thanks

[@downthecrop]

Has there ever been a book you don't "highly recommend"? 😜

[@Nothing08643]

🤪🤪🤪🤪

[@RaymondJames-y7v]

The houdini story you tell is not factual. there were only two witnesses and it took place in his hotel room. He didn't die the next day, he died 9 days later from a burst appendix. only coincidentally related to the punch. Houdini ignored several doctors advice to go to the hospital. When he finally went it was too late.

[@dvfh3073]

Potentially Except David Icke.

[@dvfh3073]

The biggest risk is not taking any risk. Quote by David Icke, You can research much more but your work is also good. You can also do better work

[@jasoncolap]

Just buy bitcoin and call it a day. Thank me later

[@johngoldsworthy7135]

This just in…water is wet and the Pope is Catholic. This passes as business knowledge in 2023? Wow, slim pickins’ huh? Bout time I should write a book with some lame anecdotes that lead to some overly trite observations about business/reality

[@sandrass560]

This summary was extremely insightful for me. Thousands who watch this channel agree. If you are not wise, you will not receive wisdom. The Bible says a mocker does not receive correction. You may be a mocker. That is why this does not help you.

[@johngoldsworthy7135]

⁠@@sandrass560I’m not knocking the summary. I’m subscribed to the channel and have supported his work. I’m referring to the content of the book. It’s trite.

[@TG4653]

I read the summary. Housel is either ignorant of several major facts or knows better and is a propagandist. Either way, this book is the opposite of good and will mislead anyone who takes it at face value.

[@Ivan101]

What do you mean?

[@Sowar]

OK you're going to have to expand on that. What about the book is wrong?

[@johngoldsworthy7135]

If anything the book seems like a bland self help cash grab with empty platitudes. It’s like a half cooked great value brand of principles by Ray Dalio minus the China boot licking

[@stevensmith1520]

Yeah pal you just do a deep dive by reading the summary and then talk as if you had actually read the whole book 3 times.

[@Jyyo]

“Do not judge a book by its cover” said few wise men. When you read a summary, it’s a perspective. ☮️

[@goldilockszone4389]

I think I am gonna buy this book. Thanks for the review