Episode · The Tim Ferriss Show · 2023-10-31
Books mentioned on #702: Morgan Housel — Contrarian Money and Writing Advice, Three Simple Goals to Guide Your Life, Journaling Prompts, Choosing the Right Game to Play, Must-Read Books, and More
Brought to you by Cometeer delicious hyper-fresh, flash-frozen coffee; Momentous high-quality supplements; and LinkedIn Jobs recruitment platform with 900M+ users. Morgan Housel (@morganhousel) is a partner at The Collaborative Fund.
Morgan Housel recommended Die with Zero by Bill Perkins and others, No Ordinary Time by Doris Kearns Goodwin, and The tao of Charlie Munger by David Clark, and discussed The Great Depression: A Diary by Benjamin Roth, The Snowball by Alice Schroeder, The 4-Hour Workweek by Timothy Ferriss, and Working by Robert A. Caro.
Books mentioned, in the order they came up
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The Great Depression: A Diary
Benjamin Roth's firsthand diary of the Great Depression provides a rare economic and psychological window into daily survival during the 1930s.
Discussed“One other thing that really struck me here that was influential to this book for me was one of my favorite books is a book called The Great Depression: A Diary, and it's written by a lawyer named Benjamin Roth...”
Where to get it
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Die with Zero
Die with Zero by Bill Perkins and William O.
Recommended“Morgan Housel: I love the idea from the book Die with Zero, that if you're going to give your kids— Tim Ferriss: I was just going to mention it. Morgan Housel: It's such a good book. It's a wonderful book everyone should read.”
Where to get it
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The Snowball
The Snowball by Alice Schroeder is widely recognized as the definitive, highly detailed biography of legendary investor Warren Buffett.
Discussed“Morgan Housel: If you read the biography, The Snowball, which I reread recently, it's a biography of Warren Buffett, as someone who's been such a Buffett fanboy my entire life, and a lot of people will fall into that category, you read his biography, and at the end, you're like, 'To tell you the truth, not the life that I”
Where to get it
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The 4-Hour Workweek
The 4-Hour Workweek by Timothy Ferriss is a highly influential lifestyle design manual that challenges conventional career paths and encourages readers to automate, delegate, and escape the traditional nine-to-five grind.
Discussed“Tim Ferriss: I would be willing to bet too, although I don't want to put words in your mouth, that despite that blog post, when you're talking about all of the downsides that you have experienced, if you had to go back to before, when you wrote The 4-Hour Workweek, you would not change your mind.”
Where to get it
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Working
Working by Robert A.
Discussed“Morgan Housel: And so he wrote a book called Working, which is his life and practice and strategy as a writer, how did he become a writer and how does he do it?”
Where to get it
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No Ordinary Time
No Ordinary Time by Doris Kearns Goodwin is an acclaimed historical biography that details how Franklin and Eleanor Roosevelt managed the United States during the extraordinary years of World War II.
Recommended“Morgan Housel: I'm pretty sure I've read Doris Kearns' No Ordinary [Time] three times, which is, I think it's 710 pages.”
Where to get it
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The tao of Charlie Munger
The Tao of Charlie Munger by David Clark is a curated collection of succinct quotes and foundational wisdom from the legendary investor and business partner of Warren Buffett.
Recommended“Morgan Housel: This book, it's called The Tao of Charlie Munger.”
Where to get it
Other mentions in this episode (8) — ad reads, self-promotion and passing references, never counted
“His book, The Psychology of Money, which we really dug into in depth last time, has sold more than three million copies and has been translated into 53 languages.”
“Morgan's new book is Same as Ever: A Guide to What Never Changes.”
“Morgan Housel: So after Psychology of Money, I was really debating what to write next for my next book.”
“I think in many ways, Psychology of Money is the psychology of you, the individual.”
“And Same as Ever is the psychology of us as a collective.”
“Tim Ferriss: So I still have to give The 4-Hour Workweek by far, love it or hate it for me, blessing and the curse, that is what made everything subsequently possible.”
“Tim Ferriss: Remarkably, that book and probably Tools of Titans are my two bestselling books still to this day.”
“Tim Ferriss: And the book is Same As Ever: A Guide to What Never Changes, which people can find at fine book sellers worldwide.”