New Releases
The Psychology of Money by Morgan Housel
Over 6 million copies sold worldwide! The original bestseller from Morgan Housel, New York Times bestselling author of Same As Ever.
Achieving financial success isn’t just about knowledge—it’s about behavior. And understanding behavior is challenging, even for the smartest people.
Description
Money, including investing, personal finance, and business decisions, is often taught as a math-based discipline, where data and formulas offer clear instructions. However, in the real world, financial decisions aren’t made on spreadsheets—they’re made in everyday settings like around the dinner table or in business meetings, where personal history, unique perspectives, egos, pride, marketing, and mixed incentives all come into play.
In The Psychology of Money, award-winning author Morgan Housel presents 19 insightful stories that explore the surprising ways people think about money. Through these stories, he teaches you how to better navigate one of life’s most important and complex subjects.
S. de Freitas –
This is well written, accessible and filled with useful anecdotes and history. I went crazy highlighting and annoyed (enriched) friends and family by sharing passages. It helped me personally be more thoughtful about my spending and saving decisions and allowed me to give retroactive grace to the financial decisions of others (cough, parents, cough).
I plan to read and consult again. This book prompts reflection and I personally think that’s a healthy habit to cultivate.
Guillermo –
great thought provoking book that elaborates on the antithesis of how most people relate with money. Nothing revolutionary or new under the sun, but certainly well communicated. I can highly recommend it.
Bardstown traveler –
I once read that if a person read ten books on a subject they would know more about that subject than 99% of the population. I refined this to say, find the best ten books on a subject and read them ten times each. I first read “The Psychology of Money” from a library copy. Just a few pages in, I thought, this is a ‘must own’ book and be one of my ten best. Now that I own a copy, I’ll read it every few months, again and again.