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Same as Ever: Timeless Lessons on Risk, Opportunity and Living a Good Life by Morgan Housel is a book offering 23 concise, insightful stories that uncover timeless truths about human behavior, risk, opportunity, and decision-making in life and finance. Housel emphasizes that while predicting the future is impossible, understanding unchanging rules of human nature and history can help make better assumptions and navigate uncertainty.
Key lessons include how expectations shape happiness, the nature of risk being what remains after you think you've planned for everything, and the importance of adaptability while recognizing timeless principles amid change. The book explores how people respond to greed, fear, innovation, and growth, and how historical patterns repeat despite surface-level volatility. Housel’s work aims to equip readers to make wiser decisions today by drawing on enduring human behavior patterns rather than relying on uncertain predictions about the future.
The style is accessible, with standalone chapters allowing flexible reading, mixing profound insight with relatable stories. It is a follow-up to Housel’s earlier best-seller The Psychology of Money, broadening the lens to a wider view of life's constants and lessons for living well even in an unpredictable world.
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