Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people.
Money—investing, personal finance, and business decisions—is typically taught as a math-based field, where data and formulas tell us exactly what to do.
But in the real world people don’t make financial decisions on a spreadsheet.
They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together.
In The Psychology of Money, award-winning author Morgan Housel shares19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important topics.
“One of the best and most original finance books in years.”
Wall Street Journal
“Housel’s observations often hit the daily double: they say things that haven’t been said before, and they make sense.”
Chairman of Oaktree Capital Management
“Few people write about finance with the graceful clarity of Morgan Housel.”
—DANIEL H. PINK
#1 New York Times Bestselling Author of When, To Sell is Human, and Drive
“Everyone should own a copy.”
Author, million-copy bestseller Atomic Habits
“That rare writer who can translate complex concepts into gripping, easy-to-digest narrative.”
Author, Thinking in Bets