The Psychology of Money (easy BOOK SUMMARY)

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Morgan Housel's "THE PSYCHOLOGY OF MONEY" is a must-read for anyone who wants to understand the risks, pitsfalls, and secrets of building a prosperous and abundant mindset. In this easy book summary, we steer through some of the key concepts you'll want to take away from the book.

0:00 Intro
0:34 Confounding Compounding
1:18 No One's Crazy
2:25 Luck and Risk
3:21 Never Enough
3:58 Reasonable is Better Than Rational
4:49 Surprise!
5:33 Room for Error
6:35 You'll Change

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Maps to Millions is a channel about business, investing, and wealth. We look at key figures throughout investing history and ask: what was the mindset or strategy that unlocked their path to prosperity?
Category
Psychology
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