The Morgan Housel Podcast

Information That Would Get Your Attention


Listen Later

There’s obviously a hierarchy of information. It ranges from life-changing good to life-changing disastrous.

That got me thinking: What would be the most interesting and useful information anyone could get their hands on?

Years ago I asked that question to Yale economist Robert Shiller. “The exact role of luck in successful outcomes,” he answered.

I loved that answer, because nobody will ever have that information. But if you did, your entire worldview would change. Who you admire would change. The traits you think are needed for success would change. You would find millions of lucky egomaniacs and millions of unlucky geniuses. The fact that it’s impossible to possess this information doesn’t make it useless – just thinking about how powerful it would be to have it forces you to ponder a topic that’s important but easy to ignore.

Keeping the idea that the most interesting information doesn’t have to be realistic – it can be impossible-to-obtain, magical-wish thinking – here are three other things that would get your attention.

...more
View all episodesView all episodes
Download on the App Store

The Morgan Housel PodcastBy Morgan Housel

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

967 ratings


More shows like The Morgan Housel Podcast

View all
The Tim Ferriss Show by Tim Ferriss: Bestselling Author, Human Guinea Pig

The Tim Ferriss Show

16,180 Listeners

We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,376 Listeners

Masters in Business by Bloomberg

Masters in Business

2,177 Listeners

The Knowledge Project by Shane Parrish

The Knowledge Project

2,707 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,353 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

948 Listeners

Founders by David Senra

Founders

2,167 Listeners

ChooseFI by ChooseFI

ChooseFI

5,158 Listeners

Animal Spirits Podcast by The Compound

Animal Spirits Podcast

2,026 Listeners

Earn & Invest by Jordan Grumet (Doc G)

Earn & Invest

451 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,121 Listeners

The Long View by Morningstar

The Long View

920 Listeners

The Memo by Howard Marks by Oaktree Capital Management

The Memo by Howard Marks

451 Listeners

Ask The Compound by The Compound

Ask The Compound

339 Listeners

The Rundown by Public.com

The Rundown

415 Listeners