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The Psychology of Money is a fast-paced, engaging read that will leave you with both the knowledge to understand why we make bad financial decisions and the tools to make better ones." -- Annie Duke , Author, Thinking in Bets "Housel's observations often hit the daily double: they say things that haven't been said before, and they make sense."
- Morgan Housel
Other than that hideous paragraph, The Psychology of Money is a fine book because it makes a huge contribution to financial discussions and what it means to be financially literate. The qualitative argument of financial literacy is desperately needed in the financial world.
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Timecodes:0:00 - Intro0:12 - No One’s Crazy1:18 - Luck & Risk2:16 - Never Enough3:04 - Confounding Compounding4:03 - Getting Wealthy vs. Staying Wealthy5:00 ...
- 16 min
- 437K
- Tae Kim - Financial Tortoise
Sep 27, 2023 · The Psychology of Money recognizes that the decisions that people make concerning money are not always data-driven. Instead of following the math-case approached laid out in traditional personal finance books, Housel looks to uncover the way that real money decisions are made.
Jan 1, 2020 · The Psychology of Money is one of the those books that lays the fundamentals required for investment and saving your money without pushing and punishing with a lot of jargons, technical terms, and read-the-offer-documents-carefully-before-investing kind of mundane warnings (mind you, I am academically qualified and work in Finance and a Legal field). The book speaks in a very clear manner, chapters being crisp and brief, in a language which is assertive with a lot of understanding of the ...
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- 16 min
- 4.3M
- The Swedish Investor
This book is awesome. I was skeptical at first thinking - here's another book on finance. But this is not just finance. Its way more than that. There couldn't possibly be a better title for this book. Truly the psychology of money. Please note that many of the topics are about stock market investments.
