Episode · The Daily Stoic · 2022-07-30
Ryan Holiday & Morgan Housel: books mentioned on The Daily Stoic (Jul 2022)
Morgan Housel on Building Wealth and Happiness
Ryan talks to Morgan Housel about the real definition of wealth, the intricacies of building an audience as an author, the sacrifice required to gain success, and more. Morgan Housel is a partner at The Collaborative Fund.
Morgan Housel discussed The Ride of a Lifetime by Robert Iger, Atomic Habits by James Clear, The Snowball by Alice Schroeder, and Will by Will Smith. Ryan Holiday discussed The Catcher in the Rye by J. D. Salinger and The Laws of Human Nature by Robert Greene.
Books mentioned, in the order they came up
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The Ride of a Lifetime
The Ride of a Lifetime by Robert Iger is a business memoir by the former Disney CEO detailing his professional journey, leadership philosophies, and strategies for navigating massive corporate transformations and creative challenges.
Discussed“perfect example of this in a book is Bob iger's book the ride of a lifetime he's he's the CEO of Disney”
Where to get it
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Atomic Habits
Atomic Habits by James Clear is a widely acclaimed guide on habit formation, personal development, and how minor incremental adjustments yield substantial long-term results.
Discussed“James clear's book starts with him getting hit in the eye with a baseball and like nearly dying from it and then if you read that chapter and you're like I have to read the best rest of this book”
Where to get it
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The Catcher in the Rye
The Catcher in the Rye by J.
Discussed“the polar extreme opposite of that though is JD Salinger the author who wrote The Catcher in the Rye one of the most celebrated authors of the 20th century”
Where to get it
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The Snowball
The Snowball by Alice Schroeder is an extensive biography of legendary investor Warren Buffett that chronicles his business acumen, lifelong learning habits, and the personal trade-offs of extreme career dedication.
Discussed“so if you read the book The Snowball which is like the definitive biography of Buffett you do not come away from that book saying I wish I had his life”
Where to get it
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Will
Will is a candid memoir by Will Smith, co-authored with Mark Manson, detailing the actor's rise to fame and the internal psychological struggles that accompanied his massive success.
Discussed“That's a reference back to the Will Smith book that I'm reading right now.”
Where to get it
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The Laws of Human Nature
The Laws of Human Nature by Robert Greene is an exhaustive examination of human psychology, social behavior, and the underlying motivations that drive people's actions.
Discussed“like uh Robert Greene uh summarized his book The Law of human nature which is like uh that we deny there is such a thing as human nature”
Where to get it
Other mentions in this episode (11) — ad reads, self-promotion and passing references, never counted
“When I did The Obstacle is the Way, I've told this story before, but it wasn't that everyone rejected it.”
“but when I went with trust me I'm lying there was a bidding war everyone was super excited about it”
“I don't want to exaggerate the significance of the story, but when I went with Trust Me, I'm Lying, there was a bidding war.”
“Like, obviously, you're in The Psychology of Money, mostly at the end, where you kind of talk about your habits and your parents a bit too, which is an interesting story.”
“and I did this in Stillness and if I could rewrite ego I would change it”
“and I did this in Stillness and if I could rewrite ego I would change it like ego is enemy starts with a preface about me and then it's a book about ego”
“I wrote Trust Me, I’m Lying while I still had a small salary; I wrote Growth Hacker while I still had a small salary, and then Dove was fired from American Apparel.”
“I wrote Trust Me, I’m Lying while I still had a small salary; I wrote Growth Hacker while I still had a small salary, and then Dove was fired from American Apparel.”
“And there was this whole thing which I wrote about, and that happened the day that I ended the book tour for The Obstacle Is the Way.”
“So, like you were asking me about having a job; one of the benefits—like when my publisher offered me what was not as much money as I would have hoped for The Obstacle Is the Way, I was like, ‘Sure, whatever,’ right?”
“I would say that the summation of The Psychology of Money is that turning down money is one of the hardest things to do in the world.”