The Psychology of Money: Timeless lessons on wealth, greed, and happiness

23 Things About Money, History, and Unchanging Human Nature

　　A brand new work by the author of the global bestseller "The Psychology of Money"
　　The most effective new tool for facing an unpredictable future and various life challenges

　　Highly recommended by Greenhorn, Ray House, Chen Feng-hsin, and financial expert Jenny
　　☆ 4.5-star rating on Amazon
　　☆ Immediately upon publication, it climbed the New York Times bestseller list
　　☆ Consistently recommended by Eslite, Books.com.tw, and Kingstone bookstores

　　When setting up an investment plan, people focus on precise data, future predictions, and logical reasoning. However, what we often see is: results not meeting expectations, plans being altered due to emotions, predictions being completely off, or being hit by sudden events.

　　Morgan Housel, the author of this book, points out that instead of desperately trying to predict uncertain events, we should spend more time understanding constant behaviors. Whether in investment or in life, we should do the opposite: look back with a broad perspective and focus on what has never changed.

　　This book continues the themes of his previous work. The author uses a variety of compelling case studies, intertwined with excellent storytelling techniques, and the most straightforward narrative, to help readers understand the true nature of risk, opportunity, data, incentives, emotions, and human nature. From it, you can learn:

　　＊Make predictions based on human behavior, not specific events.
　　＊Managing expectations is crucial for a happy and fulfilling life.
　　＊Stock price is today's number multiplied by tomorrow's story.
　　＊Things that cannot be measured and predicted are the most powerful forces in business and investment.
　　＊The only way to know where the stock price peak is is to let the market overshoot.
　　＊The best financial planning is to save like a pessimist and invest like an optimist.
　　＊A perfect ability comes at the cost of sacrificing another vital ability.

　　Everyone wants to see future business, economic, political, and social trends, but we are not good at predicting what will happen in the future. Only when you stop obsessing over predicting the unknown and focus on what is timeless can you achieve the greatest satisfaction and accomplishment in life and investment.
 
　　Highly recommended by Greenhorn, Ray House, Chen Feng-hsin, and financial expert Jenny
　　☆ 4.5-star rating on Amazon
　　☆ Immediately upon publication, it climbed the New York Times bestseller list
　　☆ Consistently recommended by Eslite, Books.com.tw, and Kingstone bookstores

Many people constantly chase endless new phenomena without understanding the underlying principles, only to stumble forward. "Same As Ever" allows you to understand the fundamental principles behind the myriad of things, facing life's various challenges with a stable mindset. ── Greenhorn, financial writer

　　In "Same As Ever," we are told about the constant and changing aspects of the investment world. Even as the world changes, timeless principles remain. ── Ray House, value investor / financial writer

　　Want to understand this changing world? Start with what is constant. This astonishing conclusion comes from Morgan Housel's captivating, practical, and entertaining book. ── Arthur C. Brooks, Professor at Harvard Kennedy School and Harvard Business School, New York Times bestselling author

　　Morgan Housel has once again crafted a brilliant book. It is full of wisdom and wit. Regarding money, life, the power of stories, ambition, and contentment, Housel skillfully selects perfect and memorable stories, vividly portraying timeless themes. This concise little book contains the wisdom of an entire library. ── Derek Thompson, The Atlantic

　　This book is incisive and thought-provoking, almost impossible to put down once you start reading, and its contents are all profoundly important. Housel explains that our fate is often determined by random, seemingly precarious things, yet there are also universal truths that have not changed for centuries. Housel shows us how to find those truths. ── Bethany McLean, bestselling author

　　Insights from a master storyteller, with the power to transform lives. ── Ryan Holiday, author of "Stillness Is the Key," "Perennial Seller"

　　This book is a must-read for transforming historical hindsight into present foresight. ── Shane Parrish, founder of Farnam Street, author of "The Great Mental Models"

　　The sooner you understand the concepts in this book, the sooner you can embark on a richer, more abundant life. ── Scott Galloway, Professor of Marketing at NYU Stern School of Business, author of "The Four" and "The Algebra of Happiness"