Psychology of Money

Few people write about finance with the wonderful clarity of Morgan Housel." - Daniel H. Pink, New York Times Bestselling Author, author of "When", "To Sell Is Human", and "Drive" "Housel's observations often have a compounding effect, saying things never said before, and making sense." - Howard Marks, Co-founder and Co-chairman, Oaktree Capital Management "This rare writer is able to translate complex concepts into an easy-to-understand and digestible narrative." - Annie Duke, author of "Thinking in Bets" Good financial performance is not necessarily about what you know, but how you behave, and behavior is difficult to teach even to smart people. We usually consider that how money is managed, invested, and business decisions are made involves a lot of calculations, as data and formulas tell us exactly what to do, but in the real world, people don't make financial decisions based on a spreadsheet, but rather at the dinner table or in the boardroom, where your personal history intertwines with your unique view of the world, ego, pride, marketing, and individual incentives. In The Psychology of Money, the author shares nineteen short stories that explore the strange ways people think about money, giving you a better understanding of one of life's most important matters. "This book has been translated into more than 33 languages."