The Psychology of Money. Eternal Lessons of Wealth, Greed, and Happiness

When we talk about a person's skillful handling of money, we mean not so much their knowledge but their actions. It can be challenging to teach people (even truly smart ones) the right behavior.

Money, particularly investments, personal finance, and business decisions, is usually considered the domain of mathematics, where data and formulas clearly indicate the algorithm of actions. But in the real world, people make financial decisions not based on charts and tables, but during conversations over lunch or in a conference room, where oddly personal history, your unique worldview, ego, marketing, and the most incredible incentives 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.

About the Author
Morgan Housel is a partner at Collaborative Fund, a former columnist for Motley Fool and Wall Street Journal. He is a two-time winner of the American Society of Publishers and Writers award for «Best in Business», recipient of the Sidney award established by the New York Times, and has also been nominated twice for the Gerald Loeb Award for excellence in business and financial journalism.