The psychology of money : timeless lessons on wealth, greed, and happiness Cover Image

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The psychology of money : timeless lessons on wealth, greed, and happiness

Summary: 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. Author Morgan Housel shares 19 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.

Record details

ISBN: 9780857197689 (trade paperback)
Physical Description: print
viii, 242 pages : illustrations ; 22 cm
Publisher: Hampshire, Great Britain : Harriman House, 2020.
Badges:
- Top Holds Over Last 5 Years: 4 / 5.0

Content descriptions

Bibliography, etc. Note:

Includes bibliographical references (pages 239-241).

Formatted Contents Note:

No one's crazy -- Luck & risk -- Never enough -- Confounding compounding -- Getting wealthy vs. staying wealthy -- Tails, you win -- Freedom -- Man in the car paradox -- Wealth is what you don't see -- Save money -- Reasonable > rational -- Surprise! -- Room for error -- You'll change -- Nothing's free -- You & me -- The seduction of pessimism -- When you'll believe anything -- All together now -- Confessions.