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The Psychology of Money explores how people think and feel about money — and why success with money is more about behavior than intelligence.
Instead of focusing on formulas or spreadsheets, Morgan Housel shows that:
“Doing well with money has little to do with how smart you are and a lot to do with how you behave.”
“Doing well with money isn’t about what you know. It’s about how you behave.”
And behavior is hard to teach, even to really smart people.
In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money—and teaches you how to make better sense of it.
This book focuses not on numbers or technical finance, but on timeless truths about:
Risk and luck
Saving and investing
Patience, greed, and fear
Compounding and long-term thinking
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