Description Book Introduction MD's Note The long-awaited new release from Morgan Housel, author of the world-renowned bestseller 'The Psychology of Money,' arriving three years after his last book. It reveals the importance of the unchanging things we often overlook while fixating on what changes. Through the author's engaging blend of fun and insightful stories, readers will encounter remarkable insights into human nature and the workings of the world. - Business & Economics MD Kim Sang-geun Morgan Housel, author of the globally bestselling 'The Psychology of Money,' returns after three years with his newest work, sharing '23 stories about things that never change.' Upon release, it immediately topped the Amazon and New York Times bestseller lists, earning rave reviews from Amazon readers and opinion leaders alike. This book is considered even more multilayered and complex than his previous work, covering not only money and investing but also human nature and the fundamental workings of the world. Morgan Housel emphasizes that while people are always focused on what will change, in order to prepare for the future, we should instead understand the 'unchanging laws' that have held true in the past, present, and future alike. To this end, he shares fascinating historical stories and anecdotes about patterns of human behavior that will likely remain valid even a thousand years from now. Stories such as Warren Buffett's sneakers, Bill Gates's hidden anxieties, the unexpected criticism faced by Yuval Noah Harari, the invisible variable behind the GameStop saga, the final stand at the Battle of the Bulge, and the death of magician Houdini—each unfolds like a documentary novel. Weaving profound insights into human affairs and life lessons through captivating anecdotes like beads on a string, the book has earned praise as unmistakably "classic Morgan Housel." Scott Galloway and Ryan Holiday, along with many leading figures in Korea, have read it early and hailed it as "a truly remarkable book." You can preview a portion of the book's contents in advance. Preview - Table of Contents Foreword: Small Laws of Life 1. Such a Precarious World - Looking back at the past makes us realize that we cannot know the future ahead. 2. The Invisible Thing: Risk - In truth, we're quite good at predicting the future. We simply fail to predict the astonishing, unexpected events—and those are often the ones that determine everything. 3. Expectations and Reality - The first principle of happiness is lowering your expectations. 4. Humans, the Unknowable Beings - People with unique yet admirable traits often also possess unique yet less admirable ones. 5. Probability and Certainty - What people want isn't accurate information. What people want is certainty. 6. A Great Story Wins - Stories are always more powerful than statistics. 7. What Statistics Miss - Forces that cannot be measured are what move the world. 8. Peace Sows the Seeds of Chaos - A market overheating wildly doesn't mean something is broken. Wild overheating is normal. Even wilder overheating is normal too. 9. More, Faster - Even a good idea becomes a bad one when pushed at an unsustainable pace. 10. The Moment Magic Happens - Unlike peace, pain sharpens focus. 11. Tragedy Strikes in an Instant, Miracles Take Time - Good things happen gradually, through the accumulation of small, incremental changes, which takes time; bad things happen suddenly, due to a sudden loss of trust or a fatal mistake made in the blink of an eye. 12. Small Things, Enormous Consequences - Small things accumulate to create enormous outcomes. 13. Hope and Despair - Progress requires both optimism and pessimism to coexist. 14. The Trap of Perfection - A little imperfection is actually useful. 15. Every Journey Is Meant to Be Hard - Anything worth pursuing comes with pain. What matters is having a mindset that doesn't mind the pain. 16. Keep Running - Competitive advantages eventually fade away. 17. On the Wonders of the Future - Progress always seems to be sluggish. That's why we tend to underestimate the potential of new technologies. 18. Harder Than It Looks, Less Fun Than It Seems - "The grass fertilized with lies is always greener." 19. Incentives: The Most Powerful Force in the World - Incentives sometimes drive people to do irrational things. Most people...