My New Book, Same As Ever: A Guide to What Never Changes
The Morgan Housel Podcast
Morgan Housel
4.9 • 1.1K Ratings
🗓️ 7 November 2023
⏱️ 15 minutes
🧾️ Download transcript
Summary
My new book, Same as Ever: A Guide to What Never Changes, is out today.
Books are hard, a multi-year slog from start to finish. But I’m excited for you to read this. I think it’s the best writing I’ve ever done. And it was fun to write! My hope is that you enjoy reading it half as much as I enjoyed writing it.
My first book, The Psychology of Money, was really about how you, the individual behave. Same As Ever is about how we, the collective, behave, and what we keep doing over and over.
It’s 23 short stories about what never changes in a changing world.
I’ve been thinking about this book for my entire career. I’ve always been skeptical of forecasts, because the world’s track record on predicting the next recession, the next election, or the next technology is so bad. That should draw you to the question: What’s never going to change?
What do we know for certain is going to be part of our future?
Transcript
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| 0:00.0 | Hey everyone. Today is a big day for me because my new book, Same As Ever, is out today. |
| 0:08.0 | It's available for sale. You can go buy it. |
| 0:11.0 | I'm really excited for you to get to read it because I think it's the best work that I've ever done. |
| 0:16.6 | And I'm really happy with how it turned out. |
| 0:19.1 | Books are hard. |
| 0:21.2 | They're a long slog from start to finish that can take years to think about, put together, |
| 0:27.2 | edit before it finally gets to the shells as it is today. But they're so much fun to put together. They're so rewarding. I've honestly |
| 0:35.0 | been thinking about this book for my entire career. It's about a topic that's |
| 0:38.8 | always been really dear to me and has shaped a lot of my thinking. |
| 0:43.4 | And it wasn't until three years ago or so |
| 0:45.7 | that I finally thought, you know what, |
| 0:46.7 | I have enough material on this idea |
| 0:49.2 | to put together a book. |
| 0:51.1 | And I hope you enjoy reading it, at least half as much as I enjoyed writing it. |
| 0:56.5 | The book is going to be translated into 38 languages. |
| 0:59.9 | So if you're listening to this podcast in another country, if it's not already out in your |
| 1:03.7 | language it will be soon. There's also an audiobook version that was narrated by |
| 1:08.2 | my good friend Chris Hill. He was also the narrator for psychology of money. |
| 1:11.6 | So I just want to spend a few minutes here talking |
| 1:14.8 | about the idea behind same as ever and giving you a little sneak peek at some of the big ideas |
| 1:21.2 | from the book. |
| 1:24.0 | I once had lunch with a guy who's close with Warren Buffett. |
... |
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