The Psychology of Money
Synopsis
The Sunday Times Number One Bestseller.
Over 7 million copies sold around the world.
The original book from Morgan Housel, the New York Times bestselling author of Same As Ever.
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.
Details
Reviews
It’s one of the best and most original finance books in years.Jason Zweig, The Wall Street Journal
The Psychology of Money is bursting with interesting ideas and practical takeaways. Quite simply, it is essential reading for anyone interested in being better with money. Everyone should own a copy.James Clear, Author, million-copy bestseller, Atomic Habits
Morgan Housel is that rare writer who can translate complex concepts into gripping, easy-to-digest narrative. The Psychology of Money is a fast-paced, engaging read that will leave you with both the knowledge to understand why we make bad financial decisions and the tools to make better ones.Annie Duke, Author, Thinking in Bets
Housel's observations often hit the daily double: they say things that haven't been said before, and they make sense.Howard Marks, Director and Co-Chairman, Oaktree Capital & Author, The Most Important Thing and Mastering the Market Cycle