The Psychology of Money
Timeless lessons on wealth, greed, and happiness
1st Edition
Published on 8. September 2020
155 pages
978-0-85719-769-6 (ISBN)
Description
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.
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Book
03/2021
Harriman House Publishing
€47.24
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Book
09/2020
Harriman House Publishing
€21.50
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Person
Morgan Housel is a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism.
Content
- Intro
- Introduction: The Greatest Show On Earth
- 1. No One's Crazy
- 2. Luck & Risk
- 3. Never Enough
- 4. Confounding Compounding
- 5. Getting Wealthy vs. Staying Wealthy
- 6. Tails, You Win
- 7. Freedom
- 8. Man in the Car Paradox
- 9. Wealth is What You Don't See
- 10. Save Money
- 11. Reasonable & Rational
- 12. Surprise!
- 13. Room for Error
- 14. You'll Change
- 15. Nothing's Free
- 16. You & Me
- 17. The Seduction of Pessimism
- 18. When You'll Believe Anything
- 19. All Together Now
- 20. Confessions
- Postscript: A Brief History of Why the U.S. Consumer Thinks the Way They Do
- Endnotes
- Acknowledgements
- Publishing details
