Episode 20 | What remains the same in an ever-changing world?

Ask a question or send feedbackIn this episode,  Aden and David discuss key concepts from Morgan Housel's book "Same as Ever" that remain constant even in an ever-changing world. They explore the idea that risk is often unforeseen, and the power of small, consistent habits compounding over time. The hosts also examine how expectations impact happiness more than reality itself. David shares the "same as ever" principles he has seen over 25 years at Capital Partners, including having a strong foundation through values and goals, tuning out noise, and investing in human ingenuity. (0:00:01 - 0:10:00) "risk is what you don't foresee"(0:10:00 - 0:15:15) Positive habits or small unhealthy choices(0:15:15 - 0:19:32) Expectations vs reality(0:19:32 - 0:22:08) Having a strong foundation of values/goals(0:22:08 - 0:27:33) Examining investing in human ingenuityResources:The Psychology of Money: Timeless lessons on wealth, greed, and happiness: Morgan HouselSame as Ever: A Guide to What Never Changes: Morgan HouselThe Purposeful Investor Podcast is a public service provided for Australian investors wanting to make smart decisions with their money, avoid costly mistakes, look after the people they care about, and, have a great life!We draw on over 30 years of experience from David Andrew and the Capital Partners team.For more information on Capital Partners' award winning team, visit capital-partners.com.au. Have a question? Email us [email protected] episode provides general advice only. We do not consider your personal circumstances when we share this information. Always refer to your financial adviser for advice about your personal circumstances. Capital Partners Consulting Pty Ltd AFSL 227148 trading as Capital Partners Private Wealth Advisers ABN 27 086 670 788.