The Psychology of Money
Morgan Housel is a partner at The Collaborative Fund and a former Motley Fool and Wall Street Journal contributor. He is a two-time recipient of the Society of American Business Editors and Writers' Best in Business Award, a winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism.
It's not always about what you know when it comes to money. It's all about how you act. And teaching behavior is difficult, even for highly intelligent people.
Money investing, personal finance, and business decisions are generally taught as math-based subjects, with statistics and formulae telling us exactly what to do. People do not make financial decisions on spreadsheets in the real world. They are created at the dinner table or in a meeting room, when personal history, your own unique perspective on the world, ego, pride, marketing, and strange incentives are all mixed together.
Morgan Housel, award-winning author, provides 19 short stories in The Psychology of Money that explore the unique ways individuals think about money and show you how to make greater sense of one of life's most crucial themes.
Author: Morgan Housel
Link to buy: https://www.amazon.com/Psychology-Money-Timeless-lessons-happiness/dp/0857197681/
Ratings: 4.7 out of 5 stars (from 24375 reviews)
Best Sellers Rank: #102 in Books
#1 in Wealth Management (Books)
#2 in Budgeting & Money Management (Books)
#2 in Introduction to Investing
