Best Seller
4.9/5 Rating
English
256
Personal Finance
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.
Understanding the role of luck and risk in financial success
Learning to be satisfied with enough
Developing a long-term perspective on wealth
Understanding the power of compound interest
Managing your money psychology
Understanding how personal experiences shape financial decisions
The role of chance in financial outcomes
When to stop chasing more
Morgan Housel is a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers and winner of the New York Times Sidney Award.
"This book completely changed how I think about money and investing. The psychological aspects are often overlooked but are crucial for financial success."
"A must-read for anyone interested in personal finance. The stories and examples make complex concepts easy to understand."