a book

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

Name: The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Rating: 5 (31 reviews)
Author: Morgan Housel
ISBN: 9780857197689

Morgan Housel · 2020 · 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.

recommended by 31 people

sourced from public statements

Ryan Holiday
“6/ The Psychology of Money by @morganhousel This year began with a booming economy, and is ending in recession. If you’re looking to navigate the unpredictable nature of the global economy as an individual who hopes to plan (and be secure) for the future, this book is great.”↗
Andrew Wilkinson
“@BrentBeshore @morganhousel I read it last weekend and absolutely loved it. One of the best books I’ve read all year.”↗
Ankur Warikoo
“8. Psychology of Money by Morgan Housel @morganhousel Tells us that making money isn't as much about knowing how to, as it is about how you behave with money. Possibly the only money book one needs to read!”↗
Harry Stebbings
“@jrichlive @morganhousel Great rec and listened many times. It is a book I gift more than any other! 💥”↗
Darren Rovell
“This book by @morganhousel will be looked back on as the most important book about money in the last two decades.”↗
Abhishek Kar
“@karansahu02 @InvestmentBook1 @ipo_mantra @kuttrapali A wonderful book.. Have already read.... Will be one of the best sellers for entire decade”↗
Tayo Oyedeji
“Really enjoyed reading this book by @morganhousel. It’s 80% psychology, 20% finance but a really good read.”↗
Chris Brogan
“@davidfchandler That is a really great book! I have turned a lot of people onto it”↗
Ladi Ogunseye
“The last time I read a book this good on finance and life, I was 14 years of age. Fucking hell, this book is a goldmine and I’m not exaggerating.”↗
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