The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel (Paperback)

Morgan Housel argues that doing well with money depends far more on how you behave than on what you know, and that behaviour is hard to teach even to very clever people. Instead of formulas, he uses nineteen short stories about the odd ways people think about wealth, risk and luck.

It is an easy read for anyone starting to save or invest, and a useful reset for experienced investors who want to think more clearly about their own choices.

• Nineteen short chapters: each one works on its own
• Behaviour first: how ego, personal history and emotion shape spending and saving
• Big ideas made simple: compounding, leaving room for error and knowing when you have enough
• No jargon: written for general readers rather than finance professionals

Details

• Author: Morgan Housel
• Publisher: Harriman House
• Published: September 2020
• Format: Paperback, 256 pages
• Language: English
• ISBN: 9780857197689