The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness

A good relationship with money does not necessarily depend on what you know. It’s about how you behave. And behavior is difficult to convey, even to truly smart people. Money—investments, personal finance, and business decisions—is typically taught as a mathematical discipline, where data and formulas tell us exactly what to do. But in the real world, people do not make their financial decisions based on spreadsheets. They make them at the dinner table or in a conference room, where personal history, one’s unique perspective on the world, ego, pride, marketing, and strange incentives come together. In "The Psychology of Money," award-winning author Morgan Housel illustrates in 19 short stories the strange ways people think about money and teaches you how to better understand one of life’s most important topics.