Chapter
Book Recommendations and Discussion on the Great Depression
1:48:23 - 1:52:34 (04:10)
The discussion revolves around Book Recommendations about the Great Depression and the discussion also covers how the 1920s, the Roaring Twenties led to the stock market bubble and the ultimate calamity in 1929. They emphasize on how people lived through the Great Depression and how it affected their personalities.
Clips
The podcast host asks about the biographies that were recommended by the guest.
1:48:23 - 1:50:18 (01:55)
Summary
The podcast host asks about the biographies that were recommended by the guest. They discuss a book that talks about the psychological impact of the Great Depression and how it resembles what happened during the 2008 financial crisis.
ChapterBook Recommendations and Discussion on the Great Depression
Episode#576: Morgan Housel — The Psychology of Money, Picking the Right Game, and the $6 Million Janitor
PodcastThe Tim Ferriss Show
Frederick Louis Allen's work focuses on the evolution of American life from 1900 to 1950, specifically looking at how the average American lived their daily life during this time period.
1:50:18 - 1:51:14 (00:55)
Summary
Frederick Louis Allen's work focuses on the evolution of American life from 1900 to 1950, specifically looking at how the average American lived their daily life during this time period.
ChapterBook Recommendations and Discussion on the Great Depression
Episode#576: Morgan Housel — The Psychology of Money, Picking the Right Game, and the $6 Million Janitor
PodcastThe Tim Ferriss Show
The repeating theme among historical events is that people didn't predict the crises that occurred, as evidenced by the stock market crash of 1929 and the aftermath of World War II.
1:51:14 - 1:52:34 (01:19)
Summary
The repeating theme among historical events is that people didn't predict the crises that occurred, as evidenced by the stock market crash of 1929 and the aftermath of World War II. This lack of foresight serves as a reminder of the unpredictability of the future, and the humility required to navigate it.