22 January 2021
The Psychology of Money
Timeless lessons on wealth, greed, and happiness doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people. How to manage money, invest it, and make business decisions are typically considered to involve a lot of mathematical calculations, where data and formulae tell us exactly what to do. But in the real world, people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In the psychology of money, the author shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important matters.
| Title | : | The Psychology of Money |
| Edition Language | : | English |
| ISBN | : | null |
| Format Type | : |
Readers Also Enjoyed The Psychology of Money
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This was a short but enjoyable read. The main point is that we are complicated creatures who have complicated relationships with money. It’s ok and expected to not base every decision off of cold Ex...
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Pithy book. Here's some for you: People act from their experiences. Don't judge from yours. 2. Luck & Risk is all around you. They don't fit the stories you want to tell.3. If you can't recogniz...
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The blog post that turned into a bookhttp://www.collaborativefund.com/blog...Teh Hooi Ling’s reviewhttps://www.businesstimes.com.sg/weal...CFA webinarhttps://annual.cfainstitute.org/speak...https://...
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Something to be read every year....
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Such a short book with so much wisdom and generally good advice. Highly recommended. On a side note, this book also made me realise that Hans Rosling’s Factfulness has such great advice on investing...
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2020 is one of those years where I took my personal finance management seriously not only because I turned 30 but I also became very aware of all the financial options available for investment and the...
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When your favorite financial writer comes out with a book, its okay to drop everything to read it. I've been a fan of Morgan Housel's writing for many years. The idea for the book 'The Psychology of M...
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With a title as clickbaity as this and an author with such impressive credentials, anticipation for this book was sky-high. In fact, this book was on my to-read list from the time Morgan had announced...
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If you've read quite a bit on a topic, a lot of what's talked about in a book usually becomes predictable. An artist, however, can surprise you. This unpredictability is the source of novelty. Morgan ...
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Yesterday morning, I finished Morgan Housel's The Psychology of Money - Timeless Lessons on Wealth, Greed, and Happiness. Morgan is a partner at The Collaborative Fund and a former columnist at The Mo...