Singer Rihanna nearly went bankrupt after overspending and sued her financial advisor. The advisor responded: “Was it really necessary to tell her that if you spend money on things, you will end up with the things and not the money?” The book consists of 20 small chapters each dealing wit...
The Psychology of Money by Morgan Housel includes a set of 19 small chapters that enlighten you on how personal finance isn't something evaluated using math formulae and laid out on spreadsheets. Instead, it is more about your behavior, view of the world, personal experiences, and financial ...
Well, there are so many examples of people who have all the money that they could ever spend. They have enough money to make their great grandchildren rich, and they still take so much risk that they end up going broke themselves. And so I use the example of Bernie Madoff, very well ...
Because people are different, everyone should read this book to see what you uniquely learn about yourself and how you should think about money.Chocked full of great insights to guide us all.Quotes that hit home from various chapters are presented below. There are many ...
–Morgan Housel, Author, The Psychology of Money Get Your Copy Now Become a wiser investor in just 5 minutes JoinThe Journal of Investing Wisdomand receive insightful ideas on investing, stock analysis, and human behaviour. Plus, unlock access to free chapters of my upcoming books, multiple e...
The first time I read Morgan Housel I was blown away. So when he decided to release his first book, The Psychology of Money, I knew it would become an instant classic. Thankfully, I was right. The book is comprised of 18 easy-to-read chapters that are insightful, entertaining, and ...
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...
but about how you behave. This behavioral approach makes the book stand out from the typical personal finance guides that often emphasize strategy and data. The book is structured into 20 short, engaging chapters, each addressing a different aspect of the psychology of money. Housel draws from ...
Through its different chapters, the book looks at an individual’s attitude towards money, and how it affects their behaviour. The limits of understanding and our personal experience “A genius who loses control of their emotions can be a financial disaster. The opposite is also true. Ordinary ...
t finish a lot of books because I think most books do not require 300 pages of explanation to get your point across. So I wanted to write short chapters, each of which can kind of live on their own to make some of the most important parts about how we think about money, how we ...