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.
