Skip to main content

Physcology of money by morgan housel

to buy this book clickhere👈 The Psychology of Money is a book written by Morgan Housel that explores the complex relationship between money and human behavior. The book is divided into three parts, each of which examines a different aspect of the psychology of money. Part one of the book focuses on the stories we tell ourselves about money. Housel argues that our beliefs about money are shaped by our experiences, and that these beliefs can have a profound impact on our financial decisions. He explores the concept of financial narratives, and how they can be both helpful and harmful. Part two of the book looks at the behavior of investors and how they make decisions about money. Housel argues that many of the behaviors that lead to financial success are counterintuitive, and that investors need to be aware of their biases in order to make sound financial decisions. He also discusses the importance of patience and long-term thinking when it comes to investing. Part three of the book examines the role of luck in financial success. Housel argues that luck plays a much larger role than most people realize, and that successful investors are often those who are able to take advantage of lucky opportunities when they arise. He also discusses the importance of humility and gratitude when it comes to financial success. Overall, The Psychology of Money is a thought-provoking book that challenges readers to think differently about their relationship with money. It offers insights and practical advice for investors, as well as a deeper understanding of the psychological factors that influence financial decision-making.

Comments