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Morgan Housel’s New Book Might Be The ‘Same As Ever,’ But Common Sense Never Changes

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C.S. Lewis once wrote, “The real job of every moral teacher is to keep on bringing us back, time after time, to the old simple principles which we are all so anxious not to see.” As in morality, so too in investing. Morgan Housel’s new book, Same as Ever, promises “a guide to what never changes.” Drawing on material from his popular 2020 book, The Psychology of Money, as well as his blog, Housel seeks less to break new ground than to tell familiar lessons well. And Housel is a gifted storyteller.

In the chapter “Wild Minds,” for instance, he describes how after Eliud Kipchoge won the 2021 Olympic marathon, a logistical snafu left him and the other two medalists alone in a bare room for a few hours. The other two runners quickly pulled out their phones and began to scroll. Kipchoge just sat and stared at the wall for hours, silent and content. The bronze medalist later joked, “He is not human.”

Housel uses this story to illustrate how extraordinary successes — whether Kipchoge or Steve Jobs or Elon Musk — often have corresponding oddities or even liabilities that we tend to ignore and might not want for ourselves. The difference between you and an Olympic athlete is more than just your VO2 max, and the difference between you and Musk is more than your intelligence. 

Kipchoge is also unnaturally serene, and Musk is addicted to risk. It’s a package deal. Housel often concludes a point like this

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Joe Rogan Endorses Trump After Discussing ‘Most Compelling Case For Trump You’ll Hear’ With Elon Musk

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Popular podcaster and comedian Joe Rogan endorsed former President Donald Trump on the night before the election after a conversation with business magnate Elon Musk.

“If it wasn’t for him we’d be f-cked,” Rogan said of Musk in a post on X. “He makes what I think is the most compelling case for Trump you’ll hear, and I agree with him every step of the way.”

“For the record, yes, that’s an endorsement of Trump,” Rogan added.

The endorsement comes after Rogan had both Trump and his running mate, Sen. J.D. Vance of Ohio, on his show for lengthy interviews. He apparently tried to get Vice President Kamala Harris on the show as well, but indicated that her campaign had tried to preemptively neuter the interview by limiting the time and scope.

“I view this election as a turning point, like a fork in the road of destiny that is incredibly important,” Musk said. “You know, I’ve not been politically active until this election. And the reason I’ve been politically active this election is because I think if we don’t, if we don’t elect Trump, I think we will lose, we will lose democracy in this country.”

“What I’m saying is like, this election is the last chance to preserve democracy in America. Mark my words,” he added. “Everything they accuse Trump of, they are guilty of. And if Trump doesn’t win, this will be the last real election in America.”

Rogan and Musk marveled at the many hoaxes levied

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Notorious Wisconsin Election Official Is Ordered To Follow The Law

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Swing state Wisconsin’s most notorious elections clerk repeatedly failed to follow election integrity laws. Now, on the eve of Election Day, the state’s elections regulator is ordering Green Bay Clerk Celestine Jeffreys to comply. 

The Wisconsin Elections Commission sent a letter to Jeffreys late last week after finally dealing with a complaint filed by the Public Interest Legal Foundation (PILF) on behalf of Green Bay residents. 

According to the complaint, the clerk did not comply with procedures for auditing voters who registered to vote at their polling places on Election Day for 2020, 2021, 2022, and 2023 elections. 

“In short, and as detailed further in the analysis below, the Commission finds that the Complaint did show probable cause to believe that a violation of law or abuse of discretion occurred with relation to Clerk Jeffreys’s procedural actions,” the WEC order states. 

PILF filed the complaint in April, but the commission is just getting around to issuing its decision and order. 

‘A Lack of Awareness’

So will Jeffreys face any discipline? Not so much. 

The commission, just a few days before the election, ordered Jeffreys to take “affirmative steps” to comply with the law as well as the commission’s updated Election Day Registration postcard guidance issued in February 2023. She must also certify to the commission that she has completed the steps required under law “at the earliest time practicable after the November 5, 2024 election, but no later than Monday, February 3, 2025.”

As The Federalist has reported, Jeffreys earlier

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Georgia Supreme Court Rules Democrat-Led County Can’t Accept Thousands Of Late Absentee Ballots

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The Georgia Supreme Court ruled on Monday that Democrat-run Cobb County cannot accept thousands of absentee ballots that arrive after the Election Day deadline.

Cobb County announced on Thursday that as of Oct. 30, “more than 3,000 absentee ballots requested by last Friday’s deadline had not been mailed.”

Cobb County Board of Elections Chairwoman Tori Silas said that the county was “taking every possible step to get these ballots to the voters who requested them” but that the county was “unprepared for the surge in requests and lacked the necessary equipment to process the ballots quickly.” While absentee ballot requests had “been averaging 440 per day … that number surged to 750 per day” during the final week to request an absentee ballot, the county said.

To remedy the issue, the county announced on Thursday that it would overnight the late ballots for a Friday morning (Nov. 1) delivery with “prepaid express return envelopes to ensure voters can return them by Tuesday’s deadline.”

But on Friday, the ACLU and the Southern Poverty Law Center filed a suit arguing that, despite the county taking steps to get the ballots delivered to voters by Friday, voters would be “disenfranchised.”

Cobb County Judge Robert Flournoy bought the bogus argument, ruling on Friday that the 3,000 or so voters who received a late mail-in ballot could return those ballots before 5 p.m. on Nov. 8 — three full days after Election Day — as long as the ballots were postmarked by 7 p.m. on

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