1-Sentence-Summary:The Psychology of Moneyexplores how money moves around in an economy and how personal biases and the emotional factor play an important role in our financial decisions, as well as how to think more rationally and make better decisions when it comes to money. Read in:4 minu...
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.
Investing, personal finance, and business decisions are typically taught as a math-based field, where data and spreadsheets dictate your family business’ next move. But as Morgan Housel teaches us in his bookThe Psychology of Money, there is theory, and then there is reality. As my colleague...
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...
This book is 19 chapters. None are long, because I don’t want to waste your time. I just want to explain the 19 most important quirks about how people think about money, often through the lens of topics that have nothing to do with money, but everything to do with how people behave...
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《The_Psychology_of_Money》_高频词_按频率_简单排版 热度: MichaelArgyle ThePsychologyofMoney Publisher:Routledge;1edition(May8, 1998) Language:English Pages:344 ISBN:978-0415146067 Size:23.64MB Format:PDF/ePub/Kindle Thisfascinatingbookexaminessuch ...
Financial decisions involve a lot of mathematical calculations, where data and formulae tell us exactly what to do. But in real time, decisions are made at the dinner table, or in a meeting room. In Psychology of Money, Housel brings us 19 short stories exploring the strange ways people ...
Reviews the book "The Psychology of Money: An Investment Manager's Guide to Beating the Market," by Jim Ware.MoyAssociateRonaldAssociateL.AssociateEBSCO_bspFinancial Analysts Journal
Summary Chapter Get PDF (501K) Keywords: Trading psychology; price; internal psychology; comprehension; confirmation; confidence; traders; market Summary This chapter explores trading psychology. There is nothing like looking out into a group of traders and tell a story and see the heads nodding, ...