The Psychology of Money | Morgan Housel

When you read the title of the book, you might guess that it is only about money and maybe business, but it is about life. With the real time stories shared by Morgan Housel, this book makes stories meaningful and let you know more about personal finance, investment, wealth creation and living a better life.

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 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.

The Ride of a Lifetime | Robert Iger

My readers know that I am a lover of memoirs and it is not always easy to find an inspiring memoir. And thanks God, I found it this time. It is a memoir by Robert Iger, ex-CEO of Disney and I liked the flow of the book with the real-time cases. Out of this book, I have even created 2 blog posts for my personal blog. If interested, you can also have a look at them:

Volkan Yorulmaz: Leadership Lessons from Disney’s CEO

Volkan Yorulmaz: No Price on Integrity

Prologue

Something will always come up. At its simplest, this book is about being guided by a set of principles that help nurture the good and manage the bad. I was reluctant to write it for a long time. Until fairly recently, I even avoided talking publicly about my “rules for leadership” or any such ideas, because I felt I hadn’t fully “walked the walk.” After forty-five years, though—and especially after the past fourteen—I’ve come to believe that I have insights that could be useful beyond my own experience.