My new book The Art of Spending Money is out now. You can buy it here: morganhousel.com/aosm I hope you enjoy reading it as much as I enjoyed writing it.

Gas Prices, Stock Bubbles, Grad Advice -- And Teaching Personal Finance In School Youtube: youtube.com/watch?v=t9sYyQaM… Spotify: open.spotify.com/episode/6am… Apple: podcasts.apple.com/us/podcas…

Wild stat. "France has roughly the same population as the U.K., but almost 50 percent more homes." theatlantic.com/magazine/202…

Nobody likes to be lectured. And yet nearly everything we consume online; politics, self-improvement, finance, is exactly that. Morgan Housel has sold 11 million books doing the opposite. "Nobody likes someone to basically say: 'hey, idiot, you've done it wrong the whole time, and if you had done it my way, you'd be in a better spot.'" He never tells you what to do. He just tells stories about psychology, how people actually behave with money. "Nobody likes to be shamed. If you give them enough stories about psychology, they'll figure it out for themselves."

Optimist: The world's best book store. Pessimist: The world's worst library.

I revamped my podcast, now longer, taking your questions, and with video. YouTube: youtube.com/watch?v=eF9pZfME… Apple: podcasts.apple.com/us/podcas… Spotify: open.spotify.com/episode/3Mp…

This has quietly been a miracle month in medicine. In the last 5 weeks we’ve got news on: - retatrutide, the triple agonist GLP-1 from Lilly, basically melting fat and body-wide inflammation at record levels - RevMed’s new pancreatic cancer drug showing unprecedented abilities to extend life - small trial of a one-and-done PCSK9 gene editing therapy for slashing LDL cholesterol - Mayo’s AI-assisted radiology showing vastly improved cancer detection - this new therapy for metastatic solid tumors This stuff is at varying levels of evidence. Retatrutide is ~100% on its way, other stuff needs more clinical trial data. But put it together and we’re maybe on the verge of majorly reducing the mortality of heart disease and cancer, the two leading causes of death in America.

You don’t need to know exactly what the future holds to know that some people will handle it better than others.

I don't fully buy the idea that living in an age of uncertainty is what's driving the decline in fertility. The Baby Boom took place when your kids had to practice duck-and-cover drills at school to prepare for what was seen as the inevitable nuclear apocalypse.

I love this so much

"Self-control is empathy with your future self." - Seinfeld

I’m in love with this sentence: “The best math you can learn is how to calculate the future cost of current decisions.”

I say this line by Cormac McCarthy in my head at least twice a week

Long-Term Money Some thoughts on generational progress and spoiled kids. collabfund.com/blog/long-ter…

“The secret to life is so simple. You don’t have a lot of envy, you don’t have a lot of resentment, you stay cheerful despite your troubles. All these are simple rules.” “And I was 7 years old when I figured this out.” - Charlie Munger. 2019

.@collabfund led @WHOOP's recent $575m funding round. @cshapiro and I sat down with founder/CEO @willahmed to talk about early visions, scaling a company, and life as a CEO: Apple Podcast: podcasts.apple.com/us/podcas… Spotify: open.spotify.com/episode/0Fo…

You see the placebo effect in young kids. Give them Advil when they're sick and THIRTY SECONDS later they say, "It's working, I feel better."

The demand for forecasts goes up when there’s an unforeseen shock, which is when forecasts become the least accurate.

"I was told I should listen to the answer before interrupting. I am listening, I said. I just hear faster than you talk.” bloomberg.com/news/articles/…

It's not going to be a good era to overcharge customers. A lot of frictions and inefficiencies are about to disappear.