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book publishing

2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Oct 20, 2025 by Morgan Housel · across every show →

Everything said about book publishing, oldest first

Oct 20, 2025 neutral
Insight
Housel: Selling 10M copies of a book is almost completely unrepeatable
“And the truth is if you sell ten million copies of a book, it's probably not repeatable unless you're like J.K. Rowling. It's just not repeatable.”
Morgan Housel Oct 20, 2025 ▶ 53:28 Morgan Housel – The Art of Spending Money (EP.466)
Oct 20, 2025 neutral
Insight
Housel: Books are like seed startups and tail-driven, usually failing despite talent
“All books are basically a seed stage startup in the sense of even if you do everything right, and it's run by talented people and well-funded, it's probably going to fail. That's most of the case. Books are a tail-driven business.”
Morgan Housel Oct 20, 2025 ▶ 51:20 Morgan Housel – The Art of Spending Money (EP.466)
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