What is the summary of book 'Same as Ever'
Name: Same as Ever
Launch: 7 November 2023
Author: Morgan Housel
Genre: Psychology, Business, Finance, Non-fiction
Rating: ★★★★Buying Link: Amazon
The book is divided into four parts, each consisting of six stories. The first part, titled ‘The Past’, explores how we can learn from history and avoid repeating the mistakes of others. The second part, titled ‘The Present’, examines how we can deal with the challenges and opportunities that we face today. The third part, titled ‘The Future’, discusses how we can anticipate and prepare for the unknown and the unpredictable. The fourth and the final part, titled ‘The Life’, reflects on how we can live a good and meaningful life. The book also includes an introduction, a conclusion, and a list of sources and references.
The book is a well-written and well-referenced work that draws on the author’s extensive knowledge and experience of finance, economics, psychology, and history. The book is rich in facts, figures, and examples that illustrate and support the author’s points and claims. The book is also clear and concise in its language and style, making it easy and enjoyable to read. The book is not only informative and insightful, but also humorous and entertaining, as it uses stories and anecdotes to convey the messages and lessons.
The book is a must-read for anyone who is interested in the art and science of decision making, and the impact and implications of our choices for ourselves and others. The book is also a valuable source of inspiration and motivation for anyone who wants to achieve their personal and professional goals, and to live a good and fulfilling life. The book is not only a book about risk, opportunity, and living a good life, but also a book about learning, growing, and adapting.
I would give this book a rating of 4 out of 5 stars, as it is a well-crafted and well-balanced work that offers a comprehensive and captivating perspective on the timeless lessons that can help us navigate the changing world. I would recommend this book to anyone who wants to know more about the past, the present, and the future, and how to make the best of them. I would also suggest some questions for further discussion, such as: What are some of the common biases and fallacies that affect our decision making, and how can we overcome them?
- How can we balance our confidence and humility, and our optimism and realism, when facing risk and uncertainty?
- How can we use the power of compounding, diversification, and patience to achieve our financial and non-financial goals?
- How can we foster a culture of learning and curiosity, and embrace change and innovation?
- How can we define and measure success, and what are the trade-offs and sacrifices involved?
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