The Purposeful Investor

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


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In 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 ingenuity

Resources:
The Psychology of Money: Timeless lessons on wealth, greed, and happiness: Morgan Housel
Same as Ever: A Guide to What Never Changes: Morgan Housel

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The 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].

This 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.

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The Purposeful InvestorBy Aden Wilkins & David Andrew