1. The premise of this book is that doing well with money has a little to do with how smart you are and a lot to do with how you behave. And behavior is hard to teach, even to really smart people. 2. One, financial outcomes are driven by luck, independent of intelligence and effo...
The key concept of this book is – save, invest, and let it compound. It’s quite suitable for Americans that saves little, but not for Chinese that saves too much. Save gives you the power to control your life, even when unexpected events happen. Note that tails play an important role...
On today’s episode, Clay Finck provides his biggest takeaways from reading The Psychology of Money by Morgan Housel, the story of how Jesse Livermore built a fortune trading stocks, only to eventually lose it all, why it’s better to study broad trends and patterns rather than specific ...
Reviews the book "The Psychology of Money: An Investment Manager's Guide to Beating the Market," by Jim Ware.MoyAssociateRonaldAssociateL.AssociateFinancial Analysts Journal
Read summary of "The Psychology of Money" by Morgan Housel. Here the author lays out his own rules for how we should think about and manage our finances.
Some books should be required reading, and The Psychology of Money by Morgan Housel is one of them. These are my key takeaways from the book.
The book is based on a blog post written by Morgan titled“The Psychology of Money”in June 2018. In the introduction section of the blog Morgan explains his attempt, This report describes 20 flaws, biases, and causes of bad behavior I’ve seen pop up often when people deal with money....
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Category: Literary Pursuits Tags: emotions, financial-planning, human-behavior, money, morgan-housel, psychology, wealth-management Post navigation Previous post: Hello, Automattic Next post: Book Review — Coming into the Country2 thoughts on “Book Review — The Psychology of Money” Dr. ...
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