The Psychology of Money. The eternal lessons of wealth, greed and happiness
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When we talk about a person's skillful handling of money, we mean not so much his knowledge as his actions. And it is not easy to teach people (even really smart ones) the right behavior.
Money, particularly investments, personal finance and business decisions, is usually considered the domain of math, where data and formulas clearly tell us the algorithm of actions. But in the real world, people make financial decisions not based on charts and tables, but rather in conversations over lunch or in a conference room, where personal history, your own unique worldview, ego, marketing, and the most unlikely of incentives are strangely intermingled.
In her book The Psychology of Money, Morgan Housel shares 19 little stories that capture people's unusual perspectives on money and provide lessons to help you better understand this one of life's most important topics.
Money, particularly investments, personal finance and business decisions, is usually considered the domain of math, where data and formulas clearly tell us the algorithm of actions. But in the real world, people make financial decisions not based on charts and tables, but rather in conversations over lunch or in a conference room, where personal history, your own unique worldview, ego, marketing, and the most unlikely of incentives are strangely intermingled.
In her book The Psychology of Money, Morgan Housel shares 19 little stories that capture people's unusual perspectives on money and provide lessons to help you better understand this one of life's most important topics.
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- All books by the publisher
- All books by the author