Timeless Lessons on Wealth, Greed, and Happiness01
The Psychology of Money
Morgan Housel
Writer
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Writer
Morgan Housel.
Morgan Housel is a writer and the author of The Psychology of Money.
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Timeless Lessons on Wealth, Greed, and Happiness
The Psychology of Money
Morgan Housel
Personal finance · 2020
The Psychology of Money
Timeless Lessons on Wealth, Greed, and Happiness
Morgan Housel shows that doing well with money depends less on how smart you are and more on how you behave, through short stories about wealth, greed and happiness.
Three big ideas
- Behaviour beats knowledgeHow you act with money matters more than how much you know about finance.
- Everyone's experience differsPeople make money choices based on what they've lived through, so 'crazy' choices often make sense to them.
- Know what is enoughWanting more without limit leads to taking risks you don't need.
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