Book · 2023
Same as Ever
by Morgan Housel
Morgan Housel builds an entire book from one repeated claim: the specifics of every market cycle change, but the way people panic and rationalize through it never does.
What does Reddit think of Same as Ever?
Same as Ever barely registers here, three mentions across seven years, two of them on r/Bogleheads. That's not nothing, but it's thin enough that any claim about consensus would be inventing one. What's there reads as genuine, not performative: the ↑66 comment calls it 'a very good book,' unprompted, in the middle of recommending a Housel podcast interview alongside it. The ↑28 comment does something more specific, invoking 'the lessons of Same as Ever' directly during a discussion of market dips, treating the book as a framework to reach for mid-panic rather than a title to namedrop. Both displayed excerpts sit on r/Bogleheads, a subreddit built around not panicking, which tracks with what Housel's book is actually arguing. r/financialindependence's one mention doesn't add much to the picture. Three data points won't tell you whether this book holds up under real scrutiny. They'll tell you that on the two occasions someone here reached for it, they reached for it to make an actual point, not to pad a list.
Community feedback & reader fit
Themes
- · The claim that market panic and euphoria patterns repeat, regardless of the specific bubble
- · A framework reached for mid-panic, not just recommended in the abstract
- · A companion read to Housel's own podcast appearances, not a standalone artifact
Common praise
- + The ↑66 comment calls it 'a very good book' with no hedging, volunteered alongside a Housel interview recommendation.
- + The ↑28 comment reaches for 'the lessons of Same as Ever' specifically while reasoning through a real market dip, not just naming the title.
Common criticism
- − Three mentions across seven years is too small a sample to support any claim beyond 'a couple of people liked it.'
- − Neither displayed comment engages with a specific chapter or argument; both cite the book's existence more than its content.
- − r/financialindependence's lone mention doesn't add anything substantive to what r/Bogleheads already shows.
Who it's for
Reach for this the way the ↑28 comment does, mid-panic, when a market dip has you needing a reminder that the underlying human behavior isn't new even if the headline is. If you want deep engagement with the text, this dataset doesn't have it: three mentions in seven years means you're mostly trusting two Bogleheads commenters who liked it enough to say so without being asked twice. Try the Diary of a CEO interview the ↑66 comment mentions first if you want to test whether Housel's voice works for you before committing to the book itself. There isn't enough here to build a stronger case than that.
Mentions over time
Top subreddits
Which Reddit comments matter for Same as Ever?
The most relevant excerpts across the subreddits where this book is mentioned — opinionated, argued takes first, then top-upvoted mentions. Click through to read the full thread.
“Same as Ever is also a very good book. Diary of a Ceo interview with Morgan Housel on YouTube is also fairly good. I tend to like the audiobook versions and have listened to the Morgan Housel books a couple of times.
“Most market dips are a good thing. It's fair to ask if we are fundamentally redrawing how the world economy works right now, though. A global trade war could have far-reaching impacts that last a generation. That being said, I try to remember the lessons of "Same as Ever" by Morgan Housel - Thing…
“Just finished reading Think & Grow Rich by Napoleon Hill. It was actionable enough… however, the chapter that was solely based around the idea that sexual expressions/desires are transmuted into how productive and motivated we are as people was kinda crazy and lost me a little bit. Seemed like an ol…
Convinced? Pick up Same as Ever
What else does r/Bogleheads read?
Other books mentioned in the same sub, ranked. Shared-sub overlap with this title breaks ties.
Guides featuring Same as Ever
Ranked best-of lists and editorial guides where this book's tracked mentions place it.
Same as Ever — frequently asked
Is Same as Ever worth reading?+
On this dataset, the case is thin but genuine: the ↑66 r/Bogleheads comment calls it 'a very good book' unprompted, and the ↑28 comment separately invokes 'the lessons of Same as Ever' while reasoning through an actual market dip. With only three total mentions across seven years, that's honest enthusiasm from a couple of people, not evidence of wide discussion.
What is Same as Ever by Morgan Housel actually about?+
Per the ↑28 r/Bogleheads comment, it's a reference point for the idea that market dips and panics follow recognizable patterns even when the specific trigger differs. The comment reaches for it directly while discussing whether a global trade war changes the fundamentals, using Housel's framework as a steadying reference rather than quoting a specific line.
Should I read Same as Ever or listen to Morgan Housel's interviews instead?+
The ↑66 comment suggests doing both isn't mutually exclusive: it recommends the book and the Diary of a CEO interview with Housel in the same breath, adding a preference for audiobook versions of his other work too. Nothing in this dataset argues one replaces the other.
Why doesn't Same as Ever come up more on Reddit?+
Unclear from the data; it may simply be a smaller, later release compared to the finance-subreddit staples that dominate these threads. Only three mentions surface across seven years here, concentrated on r/Bogleheads, with a single appearance on r/financialindependence. That's too sparse to diagnose a reason, only to note the pattern.