The Psychology of Money by Morgan Housel #thepsychologyofmoney

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Welcome to my 54th book synopsis.

Today's book is on a quite an interesting and important subject in the lives of all of us. It is called 'money'.

How to manage money, invest it, and make business decisions are typically considered to involve a lot of mathematical calculations, where data and formulae tell us exactly what to do. But in real world, people don't make financial decisions on the excel sheet. They make them at the dinner table, or in a meeting room, where personal history, your unique view of the world, ego, pride etc are scrambled together.

In the book 'The psychology of Money' the author Morgan Housel shares the wisdom through 19 small chapters or stories and they are quite impressive.

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Category
Psychology
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