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Psychology of money - Understanding the Psychology of Money



Underappreciating the power of compounding, driven by the tendency to intuitively think about exponential growth in linear terms.





The diamonds not bought.

I want you to be successful, and I want you to earn it.









Or you can attempt the equivalent of grand theft auto: Take the return while trying to avoid the volatility that comes along with it.



There will always be unprecedented events, for which we will never be prepared, and therefore, will have a massive impact on how the world operates.

He examines personal finance through the lens of human behavior.







On one of the first pages Morgan writes that "financial success is a soft skill, not a hard skill.


Description: All things considered, I would recommend this book!

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Views: 4510 Date: 30.09.2022 Favorited: 92 favorites
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Invest in something safer which at least guarantees you a good night's sleep.
Geologists can look at a billion years of historical data and form models of how the earth behaves.

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    +40reps
    The Psychology of Money is a fast-paced, engaging read that will leave you with both the knowledge to understand why we make bad financial decisions and the tools to make better ones. -- Annie Duke, Author, Thinking in Bets Housel's observations often hit the daily double: they say things that haven't been said before, and they make sense.
    By: CalClimate|||https://www.facebook.com/CalClimateCorp|||https://twitter.com/calclimate|||https://www.youtube.com/watch?v=4hL8Q2H_NoM
    +219reps
    The Psychology of Money Casinos may be proliferating across America, but Las Vegas has something special—it's a neon-tinted textbook on the way we see money. In our national shrine to the dollar, .
    By: foggytea|||https://www.facebook.com/RosieLeeCo/posts|||https://twitter.com/foggytea|||https://www.reddit.com/user/foggytea/
    +146reps
    The Psychology of Money: Timeless lessons on wealth, greed, and happiness Hardcover – March 2, 2021 by Morgan Housel (Author) 18,177 ratings See all formats and editions Kindle $9.99 Read with Our Free App Audiobook $0.00 Free with your Audible trial Hardcover $21.51 6 Used from $21.19 15 New from $17.43 Paperback
    By: abuninja|||https://www.facebook.com/directory/people/A-19926291-19962852|||https://twitter.com/AbuNinja|||https://www.youtube.com/channel/UCINXL5dbZu2FKmdssWN_hvQ
    +120reps
    The Psychology of Money. Casinos may be proliferating across America, but Las Vegas has something special—it's a neon-tinted textbook on the way we see money. In our national shrine to the.
    By: frshi|||https://www.facebook.com/FRSHI-507490332667630/|||https://twitter.com/PuteraF_|||https://www.youtube.com/watch?v=Ca13ugVn6C0
    +275reps
    From City A.M.: Morgan Housel’s highly anticipated new book, The Psychology of Money, opens with a quote from Arthur Conan Doyle’s Sherlock Holmes: “The world is full of obvious things which nobody by any chance ever observes.”. It is a fitting introduction to a work from the Sherlock Holmes of financial writing.
    By: Fernandes14|||https://www.facebook.com/João-Fernandes14-106149137395184/|||https://twitter.com/Mel_Fernandes14|||https://www.youtube.com/channel/UC4oy_rTGLjgP7Z288p_opQQ
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