"The Psychology of Money" - Morgan Housel
Timeless Lessons on Wealth, Greed, and Happiness
Description: The Psychology of Money
"Money has much more to do with psychology than with finance."
When it comes to money, we believe we need to know certain facts, rules, and laws. We assume that the world of finance is a world of mathematics, where data and formulas tell you exactly how to behave—and that people will then act accordingly. But the opposite is true: in the real world, people make financial decisions not based on spreadsheets, but during dinner or in meetings, where personal history, individual worldview, ego, and other quirky influences come together. So, it's primarily about psychology, emotions, and gray areas.
Through 20 short stories, award-winning author Morgan Housel vividly demonstrates that when it comes to money, what matters isn't how much theoretical knowledge someone has, but how they behave in a stressful situation.
Reviews:
"One of the best and most original finance books in years."
Jason Zweig, The Wall Street Journal
댓글