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Morgan Housel

๐Ÿ‘ค Speaker
6219 total appearances

Appearances Over Time

Podcast Appearances

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

What's very unique about AI historically, though, is that it's the first new technology that the people making it promise that if they're successful, they could destroy society.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

One that's very unique to me maybe is I don't write nearly as much as I used to.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

You know, I had a good 15-year run of writing every day.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

Fool.com was writing two or three pieces per day, many of which you edited.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

Thank you.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

And, but about two years ago, I cut way, way back and I haven't really written anything significant in about two years.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

And what was interesting for me that I noticed is how much of writing is not just an output, it's an input.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

It's a very clear way to crystallize your thinking and to understand what you've been learning.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

And as soon as I stopped writing,

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

I felt like even though I was reading more with my newfound spare time, I was learning less because I wasn't spending a lot of time actually trying to crystallize the thoughts that I'd had from learning.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

And so I think for everybody, no matter who you are, forget professional writers, everybody,

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

If you're just reading all day and learning, but you're not going out of your way to really crystallize those thoughts, by just writing down what you've learned, taking notes in the books that you've read, you lose a lot.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

And I think I knew that five years ago, but it was interesting to see in the last two years how quickly my brain turned to mashed potatoes when I stopped writing.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

So that's one thing.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

The other thing that's, I think, been very prevalent at the society level in the last five years is...

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

the reinforcement of how addictive pessimism is at the society level.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

And that's always been true.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

John Stuart Mill was writing about that 150 years ago.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

This is not a new thing.

Motley Fool Hidden Gems Investing
Morgan Housel on History, AI, and the Future of Investing

But I think 25, 30 years ago, cable news figured out that you can gain attention with pessimism.

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