Predicting Financial Crises
Morgan discusses the dismal track record of forecasting in finance, emphasizing that while surprises are unpredictable, human behavior driven by greed and fear remains constant. By analyzing historical financial crises, he reveals that the same patterns repeat over centuries, suggesting a shift in focus towards understanding these enduring behaviors rather than attempting to predict market movements.In this clip
From this podcast
The Prof G Pod with Scott Galloway
Conversation with Morgan Housel — Behaviors that Influence our Money Decisions and Habits
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