• Same as Ever

  • A Guide to What Never Changes
  • By: Morgan Housel
  • Narrated by: Chris Hill
  • Length: 5 hrs and 46 mins
  • 4.7 out of 5 stars (767 ratings)

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Same as Ever  By  cover art

Same as Ever

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

Critic reviews

"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)