Same as Ever

Housel's follow-up to The Psychology of Money abandons a single argument for two dozen short essays on the behaviors that don't change across market cycles: greed, envy, overconfidence, the human hunger for tidy narratives. Reviewers who liked it treated it as a companion volume rather than a new thesis, useful precisely because it doesn't try to predict anything and instead catalogs recurring psychological failure points investors and operators keep tripping over. The dissent is structural: without a throughline, the essays can read as a loosely bound collection of aphorisms rather than a book.