The Psychology of Money: Eternal Lessons of Wealth, Greed, and Happiness
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When talking about a person's skillful handling of money, we mean not so much their knowledge as their actions. Training people (even those who are truly smart) in proper behavior can be challenging. Money, particularly investments, personal finances, and business...
decisions, are usually considered the domain of mathematics, where data and formulas clearly guide us on the algorithm for action. But in the real world, people make financial decisions not based on graphs and tables, but in the course of conversations over lunch or in a conference room, where personal history, your own unique worldview, ego, marketing, and the most incredible incentives strangely mix together. In his book "The Psychology of Money," Morgan Housel shares with you 19 short stories that reflect unusual perspectives on money and contain lessons that contribute to a better understanding of this one of the most important life topics.
When talking about a person's skillful handling of money, we mean not so much their knowledge as their actions. Training people (even those who are truly smart) in proper behavior can be challenging. Money, particularly investments, personal finances, and business decisions, are usually considered the domain of mathematics, where data and formulas clearly guide us on the algorithm for action. But in the real world, people make financial decisions not based on graphs and tables, but in the course of conversations over lunch or in a conference room, where personal history, your own unique worldview, ego, marketing, and the most incredible incentives strangely mix together. In his book "The Psychology of Money," Morgan Housel shares with you 19 short stories that reflect unusual perspectives on money and contain lessons that contribute to a better understanding of this one of the most important life topics.
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