Partner, Collaborative Fund
Morgan Housel is a partner at the Collaborative Fund, a venture capital firm backing companies moving the world forward.
Investing’s Pain Gap: What You Put Up with To Earn Returns
Markets are frustrating—especially when you look at a year’s worth of returns. Year to year, you can easily experience what we call the pain gap. The key is to not let the pain gap create a behavior gap between your account and market performance.
How to Think About the Next Bear Market, Recession, or Risk
There’s a difference between having expectations for the future and making a forecast.
4 Stats to Change Your Perspective on Investing
The factors that can be important to becoming a successful investor aren’t what you might think.
How’d the Market Do? That’s Harder To Answer Than You Think
In taxable investing, your after-tax return—the amount you “take home”—is what’s important. Yet far too many investors focus on market performance. Let’s look at the difference.
The Economy’s Performance vs. the Stock Market’s Outcomes
What the economy is doing today tells you very little about what the stock market might do tomorrow.
9 Investing Truths That Don’t Get Enough Credit
Amazon has 149,449 book results for "investing." Morgan Housel recommends just nine points.
Long-Term Returns Have a Cost, and It’s Well Worth the Price
We’re investors in the stock market because it has a long, time-tested history of generating big returns for those patient enough to let compound interest work its magic.