The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel
The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel
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Explore the human behaviour behind financial decisions
Morgan Housel examines why people's decisions about money depend on experience, emotion and perspective as much as technical knowledge. Through nineteen short stories and reflections, he considers themes such as risk, luck, ambition, patience and the difficulty of recognising when enough is enough. The examples encourage readers to look at the assumptions behind financial behaviour, including their own, rather than treat wealth as the result of a single formula. The Psychology of Money connects personal habits with a broader understanding of how people save, spend and think about success. It offers an accessible discussion of money's place in life and the ways judgment can be shaped by circumstances no balance sheet fully captures.
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