The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness

The Psychology of Money: Unraveling the Complexities of Financial Behavior With over 4 million copies sold worldwide, "The Psychology of Money" stands as a groundbreaking bestseller by Morgan Housel, also known for his latest work, "SAME AS EVER." This book delves into the often overlooked aspect of finance: the human behavior behind money management. Housel challenges the conventional notion that financial proficiency is solely about knowledge and technical skills. He argues that effective money management is more about behavior, a complex element that is difficult to teach, even to the intellectually gifted. "The Psychology of Money" moves beyond the traditional, math-centric approach to finance. Housel emphasizes that real-world financial decisions aren't made in the sterile environment of spreadsheets but in the midst of personal histories, individual worldviews, and emotional influences such as ego and pride. This book presents 19 short stories that explore the peculiar ways peopl