The Psychology of Money - Morgan Housel

The Psychology of Money

By Morgan Housel

  • Release Date: 2020-09-08
  • Genre: Personal Finance
Score: 4.5
4.5
From 2,473 Ratings

Description

Over 8 million copies sold around the world. The original book from Morgan Housel, the New York Times bestselling author of Same As Ever. 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.

Reviews

  • Thirty anecdotes in a trenchcoat masquerading as an adult

    2
    By perfect_squircle
    The book’s… OK… but it feels much less like financial advice and more like a bunch of folk tales lionizing Warren Buffet and his pals. There are much better/more-useful financial books out there.
  • Insightful beyond money

    5
    By AfricanGringo
    Very beautiful and philosophical book
  • Great read…

    5
    By Sasha2600
    I truly enjoyed this book and it’s many lessons
  • Easy Read, Good Lessons

    4
    By TommyFades
    This book makes strong and interesting comparisons to market activity and human psychology. Very informative and eye opening on some concepts. I’d suggest it for anyone who is looking to understand the market better to solidify their own investment strategies.
  • Psychology of Money is a financial beginner must read!

    5
    By Sport apps and reviews
    Great read! Lots of honest advice, tied with factual evidence throughout our human history!
  • Fantastic Book

    5
    By Tony TnT314
    Excellent and insightful read! Mixes history and present day stories to paint a picture of money and why we think the way we do about it.
  • A Book That Changes My Thoughts on Finances

    5
    By Jessli Nocon
    This book has transformed my perspective on how people perceive and manage money. It has taught me that wealth isn’t about ostentatious displays of success, but rather about gaining control, freedom, and the autonomy to live life on my own terms. True independence lies in the ability to make decisions that align with my desires, schedule, and the company I keep. It’s not solely about investing strategies; it’s about cultivating a mindset that shapes financial choices and ultimately contributes to building a fulfilling and resilient lifestyle.
  • A trip to how the economy works

    5
    By limabrito
    The author mentions many facts to base his arguments. This book allows us to understand different aspects of our economic lives.
  • Good reflection content

    5
    By gam3r0123
    I like the examples provided with clear explanations
  • Information and passionate writing about finance literature

    5
    By yndoby
    ^^

Comments