The Psychology of Money: Timeless lessons on wealth, greed, and happiness

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Harriman House Limited, Sep 8, 2020 - Business & Economics - 256 pages

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.


Money—investing, personal finance, and business decisions—is typically taught as a math-based field, where data and formulas 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 own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together.


In The Psychology of Money, award-winning author Morgan Housel 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 topics.

 

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User Review  - Dilip-Kumar - LibraryThing

An excellent discussion of how people react to money, how to plan one's life cycle of saving and wealth creation, personal financial health, and so on. Has a number of examples from the world of high ... Read full review

LibraryThing Review

User Review  - RajivC - LibraryThing

This is an excellent book. As Morgan said, it is a short book, and you can go through it in a breeze. This will be a mistake. The book is divided into twenty short chapters, each with its own lesson ... Read full review

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About the author (2020)

Morgan Housel is a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism.

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