Morgan Housel (@morganhousel) header
Morgan Housel (@morganhousel) profile picture

Author of a few books, @collabfund, director at Markel Group. Nice to see you.

Seattle, WA
Joined April 2011
Photo by Morgan Housel (@morganhousel)Photo by Morgan Housel (@morganhousel)Photo by Morgan Housel (@morganhousel)Photo by Morgan Housel (@morganhousel)Photo by Morgan Housel (@morganhousel)Photo by Morgan Housel (@morganhousel)Photo by Morgan Housel (@morganhousel)Photo by Morgan Housel (@morganhousel)Photo by Morgan Housel (@morganhousel)Photo by Morgan Housel (@morganhousel)
Morgan Housel retweeted
I told Morgan Housel about the girl who asked what age I became a millionaire, and the trade she said no to. @morganhousel
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Morgan Housel retweeted
I’m proud to announce that Washington Capitals forward, Tom Wilson, has invested in Collaborative Fund. Our team spends a lot of time thinking about the companies we back, but we’re also deliberate about who backs us. In the same way a successful startup can be choosy about what checks to accept, we think our limited partners say as much about us, and what we care about, as our investments do. The source of capital matters. One of the things I am most proud of is the eclectic group of backers we’ve attracted over the years – including the likes of Nicholas Negroponte, Chad Hurley, Pharrell Williams, Shepard Fairey, and even Sesame Street. Technologists, entrepreneurs, artists, and people who see the world differently. I look at that group and feel an overwhelming sense of gratitude that they’ve trusted us. Today, I’m excited to officially welcome Tom as an investor in our fund. If you didn’t grow up going to Caps games with your dad like I did, allow me a brief primer on why for 13 brilliant seasons I’ve been watching Tom establish himself as one of the best hockey players in the world. Tom came into the league at age 19 as a first-round pick who mostly hit people, a job he was extremely good at. Plenty of players make a fine career out of it. Instead, somewhere in his twenties, he decided to become a different kind of player, so he put in the work and brought back the receipts: back-to-back 30-goal seasons, a Stanley Cup in 2018, and a spot on the top line of the 2026 Canadian Olympic team. Our industry likes to write lists about what founders should be: relentless, coachable, obsessed. The lists aren't wrong, they're just not that useful, because no one has ever become relentless by reading about it. You learn it by doing it. Tom is doing it. He is the definition of grit, hardwork, and resilience. Those are qualities I value in entrepreneurs and in anyone I want to build something with. Tom is already a fan and customer of several of our portfolio companies. I’m excited to build on that connection as we continue backing companies pushing the world forward, especially in sports, health, and wellness (and dogs!). Let’s go, #43!
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The Psychology of Money Podcast Three types of intelligence, the housing market, and winning the lottery.
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Traveling to other countries you realize one of the strongest brands in America is the Yankees.
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The Psychology of Money Podcast Mark Twain on relative wealth, the obsession with minimalism, worrying in your 20s, and the barbell approach to investing.
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Morgan Housel retweeted
We’re hiring an Investment Associate at @collabfund! Looking for someone endlessly curious who loves talking to founders, has 37 tabs of new products open, and something always half-built in the terminal. collabfund.com/blog/join-col…
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Morgan Housel retweeted
Ben Wilson (@BenWilsonTweets) has stage 4 cancer and 4 kids under the age of 5. I want to help him as much as possible, so I invited him on the podcast to talk about his work studying history’s greatest leaders and what it’s like getting told he’s going to die at 38. He’s a good guy, a close friend, and one of my favorite podcasters. His work has benefited millions of people all across the world. Please watch this episode and see if you can help with medicine, introductions, or donations. 0:00 What Ben has learned from making How to Take Over the World and studying history’s greatest leaders. 55:51 Living like you're dying. Ben on facing cancer.
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Craig and I talked to Matt Sonsini about philanthropy, raising capital, and how Silicon Valley has changed over the years. Apple: podcasts.apple.com/ca/podcas… Spotify: open.spotify.com/episode/0vN…
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"Since $100 million in New York and 22 fish-hooks on the border of the Arctic Circle represent the same financial supremacy, a man in straitened circumstances is a fool to stay in New York when he can buy ten cents' worth of fish-hooks and emigrate." - Mark Twain
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Morgan Housel retweeted
Here’s an interesting fact. Morgan Housel threw out a third of The Psychology of Money while writing it. He started with traditional long chapters (4k–6k words). It felt wrong, almost rambling, full of fluff. So he scrapped it and rewrote the book as 20 short, story-driven chapters in the style he’d already mastered online. Every major U.S. publisher rejected it. A small U.K. house took it with a 5,000-copy first print run. It went on to sell millions.
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The Psychology of Money Podcast A False Sense of How People View You
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New book on Tom Brady: "A common trait I’ve found among repeat champions is a prominent chip on their shoulder, from slights both real and imagined, often nurtured for decades. When what you seek is not wealth or fame but vindication, you can never get enough." wsj.com/arts-culture/books/b…
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Taps the sign.
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A similar story, from Howard Marks: "I tell my father’s story of the gambler who one day hears about a race with only one horse in it, so he bet the rent money. Halfway around the track the horse jumped over the fence and ran away."
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Morgan Housel retweeted
When you look back, you’ll wish you’d just done the long-term version of everything.
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The Psychology of Money Podcast Part of why home prices are so high, and Yogi Berra's joke that "no one goes there anymore, it's too crowded."
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The Psychology of Money Podcast The Richer You Get, The Easier It Is To Imagine Something Better
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Albert Einstein with the optimistic take on nuclear war - the last new technology threatening to wipe us out. theatlantic.com/magazine/arc…
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Morgan Housel retweeted
One of the greatest viruses of the modern man is looking at Instagram Stories. You will melt your brain looking at a barrage of outcomes—like vacations, parties, cars—with no visibility of the process that got them there.
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The Psychology of Money Podcast AI Optimism and the Agony of Waiting Most forecasts are hyper-optimistic or hyper-pessimistic. Not enough attention to the possibility that the main outcome in 10 years is that all businesses are 20%-30% more productive and life goes on.
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