The Psychology of Money
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4.5 • 222 Ratings
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- $14.99
Publisher Description
The Sunday Times Number One Bestseller.
Over 10 million copies sold around the world.
The original book from Morgan Housel, the New York Times and Sunday Times bestselling author of Same As Ever and The Art of Spending Money.
As featured on the Dr Chatterjee podcast Feel Better, Live More and The Diary of a CEO podcast with Steven Bartlett.
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.
Customer Reviews
Fluff
Ion like this at all.
Misleading and Repetitive
The title is misleading. There is nothing scientific about this book. The generality of the title implies that the book is an exploration of the general human experience with money. It is in reality a string of anecdotes about wealthy people. The book is written for people who already have and invest money and are seeking guidance on how to keep and grow that money. It is not at all useful for those who have real struggles with money. The first half of the book makes a single point repeatedly - behave prudently like Warren Buffet - and the second half of the book makes a second single point repeatedly - be like Warren Buffet by starting to invest at age 11. It's as though the author had these two points to make but had to meet a minimum page count so filled the rest of the pages with anecdotes.