The Psychology Of Money by Morgan Housel | Open Library (2024)

An edition of The Psychology of Money (2020)

An edition of The Psychology of Money (2020)

The Psychology Of Money

Timeless lessons on wealth, greed, and happiness 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. How to manage money, invest it, and make business decisions are typically considered to involve a lot of mathematical calculations, where data and formulae 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 unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In the psychology of money, the author 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 matters.

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Book Details

Pace 2 Medium paced 50% Slow paced 50% Enjoyability 2 Neutral 100% Clarity 2 Clearly written 50% Effective explanations 50% Difficulty 3 Beginner 100% Breadth 1 Introductory 100% Genres 1 Based on a true story 100% Mood 3 Informative 33% Hopeful 16% Lighthearted 16% Angry 16% Strange 16% Impressions 1 Actionable 100% Length 1 Medium 100% Credibility 2 Accurate 100% Features 1 Problem sets 100% Style 3 Technical 66% Neologisms 33% Purpose 2 Broaden perspective 50% Learn about 50%