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  • Same as Ever

  • A Guide to What Never Changes
  • Written by: Morgan Housel
  • Narrated by: Chris Hill
  • Length: 5 hrs and 46 mins
  • 5.0 out of 5 stars (12 ratings)

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Same as Ever cover art

Same as Ever

Written by: Morgan Housel
Narrated by: Chris Hill
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Publisher's Summary

“Want to understand the changing world? Start with what stays the same. That’s the amazing conclusion of Morgan Housel’s fascinating, useful, and highly-entertaining book.”

— Arthur C. Brooks, Professor, Harvard Kennedy School and Harvard Business School, and #1 New York Times bestselling author


From the author of the international blockbuster THE PSYCHOLOGY OF MONEY, a powerful new tool to unlock one of life’s most challenging puzzles.


Every investment plan under the sun is, at best, an informed speculation of what may happen in the future, based on a systematic extrapolation from the known past.

Same as Ever reverses the process, inviting us to identify the many things that never, ever change.

With his usual elan, Morgan Housel presents a master class on optimizing risk, seizing opportunity, and living your best life. Through a sequence of engaging stories and pithy examples, he shows how we can use our newfound grasp of the unchanging to see around corners, not by squinting harder through the uncertain landscape of the future, but by looking backwards, being more broad-sighted, and focusing instead on what is permanently true.   

By doing so, we may better anticipate the big stuff, and achieve the greatest success, not merely financial comforts, but most importantly, a life well lived.

Cover design by Christopher Parker.

©2023 Morgan Housel (P)2023 Penguin Audio

What the critics say

"Morgan Housel has done it again. Same As Ever brims with wisdom and wit, and Housel has an ingenious way of selecting the perfect, unforgettable story to drive home timeless lessons about money, life, storytelling, ambition, and satisfaction. This little book contains a library's worth of wisdom.” (Derek Thompson, The Atlantic)

“This book is both profoundly thoughtful, almost impossible to put down, and really important. Housel explains how so much of what determines our fate is random, seemingly hanging from a thread—and yet, there are also universal truths that have stayed consistent over centuries. What Housel shows is how to find them.” (Bethany McLean, bestselling coauthor of The Smartest Guys in the Room and All the Devils are Here)

“Life changing insights from a fantastic story teller." (Ryan Holiday, bestselling author of The Obstacle is the Way and The Daily Dad)

What listeners say about Same as Ever

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Captivating & Excellent (as expected)

I stumbled on “Psychology of Money” a couple of years ago. It is one of the best books/audiobooks on personal finance, self-development and life philosophy I have ever purchased. It is amongst my favourites which I’ve repeatedly listened to and have recommended to family, friends and coworkers on multiple occasions. I have also watched many of the author’s interviews on YouTube, which are gems in themselves. For over a year, I waited impatiently for this new book “Same As Ever”, anxious to listen to more of his wisdom expressed through remarkable storytelling and key sentences that capture the essence of the message. Therefore, I purchased it on Audible on the first day of release. I’m just a couple of chapters in and it definitely does not disappoint. I anticipate the rest to be the same excellent quality. The book was released a month after the shocking and unexpected development in the Middle East. It made absolutely no mention of the world changing event, presumably because the author had already completed the final version, and books/audiobooks had been printed and recorded ready for sale. But this absence only reinforces the important and exact point the author was making in the first chapter. I believe this book will be another treasure which I shall enjoy repeatedly in the coming years.

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Captivating Perspective

Brilliant masterpiece of what was, is and will always be. There are so many key takeaways in this book. Ones ability to identify the top vs the bottom for example.

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A New Perspective That Offers New Hope

Just like the “Psychology of Money,” Morgan Housel quiets the background noise of the media and social biases and reminds us that two things can be exactly the same and look completely different depending on the lens you look at it through. Everyday we’re bombarded with “shorts” that only tell us part of the story and are presented to suit an agenda. We get caught up in the drama and chaos of things that are worlds away. Things that have always been there but now we know about them. This book turns the volume down on all of the chaos and brings us back to reality. The whole world could benefit from reading this book.

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  • Mitch
  • 2023-11-09

Beautifully Succinct Summary of Others Original Ideas

Enjoyable read, but nothing new or exceptionally insightful was shared. Housel essentially compiled a summary of the ideas original to Nassim Taleb (Anti-Fragile and Skin in the Game) Matt Ridley (The Rational Optimist, How Innovation Works, The Red Queen, etc), Ray Dalio (Principles), Robert Greene (The Laws of Human Nature) and others. You’ll get more out of reading those original works.

Obviously, Morgan Housel is a skilled writer and artful story teller, so most curious people will find this book entertaining. However, it doesn’t come close to “The Psychology of Money” or the works he endlessly paraphrases in each chapter.

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  • Amazon Customer
  • 2023-11-25

Not worth the time. There are better books.

Writer got lazy after the last successful book. There are no new insights and the compilation of already well known examples is not great either.

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  • Pathguy
  • 2023-11-21

It’s not bad but not much new

It’s well done and pretty interesting in looking at things in ways few have thought of. If you are well read and have common sense, a lot of the information presented would feel redundant. Overall I enjoyed the book, but there were sections felt like I’ve heard it before.

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  • Jeff Shannon
  • 2023-12-09

Excellent as ever

Love the storytelling, questions and insights presented by housel. Storyteller is excellent as well. Looking forward to next book.

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  • Carlos
  • 2023-12-08

Great book!

Very informative and easy listen. Another great book by Morgan. I plan to listen to it again as I know I missed a lot of good info

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  • Placide
  • 2023-12-07

Same as last book

I liked the last chapter about simplicity and the fact the book is to the point. I wish many authors would stop overwhelming readers with lengthy books.

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  • Amazon Customer
  • 2023-12-07

Insight

Insightful shift of mental model - look back at what never changes not what ‘might change’. Loved it

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  • Megan
  • 2023-12-05

Great information

Hard to hear truths we all need to be reminded of. Great book, thankful for the opportunity to learn & reflect. Highly recommend.

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  • Lucas
  • 2023-12-05

Nice and easy reading

I enjoyed it. Interesting, easy reading and full of truth. A nice book to reflect.

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  • Siert
  • 2023-12-04

Hard to follow up on the Psychology of Money

The bar was set high by his previous book. Unfortunately it isn’t reached. Interesting in its own right for sure but some thing boil down to the same. It’s a similar recipe, but the ingredients aren’t that good.

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