The Psychology Of Money: Timeless Lessons On Wealth, Greed, And Happiness, Book Summary, Podcast
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.
Episodes
The Psychology of Money
It’s not a book about what to do with your money. It’s a book about what happens in your head when you try to do things with money.
I started writing about investing 13 years ago. A big part of my early writing career was centered around the 2008 financial crisis. I wanted to know: Why did it happen? What were people thinking? Why did they do the things they did? Can it happen again? Did people learn from thei...
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