The Psychology of Money
Morgan Housel is a partner at The Collaborative Fund and a former Motley Fool and Wall Street Journal columnist. He is a two-time winner 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 typically taught as math-based subjects, with data and formulas 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, where personal history, your own unique perspective on the world, ego, pride, marketing, and strange incentives are all scrambled together.
Morgan Housel, award-winning author, shares 19 short stories in The Psychology of Money that explore the strange ways people think about money and teach you how to make better sense of one of life's most important topics. It is among the best books on finance.
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 29319 reviews)
Best Sellers Rank: #294 in Books
#1 in Budgeting & Money Management (Books)
#1 in Introduction to Investing
#1 in Wealth Management (Books)
