WebSep 13, 2024 · Morgan Housel’s Psychology of Money has been a big hit with our customers, and the reasons are clear. His wisdom about the do's and don'ts of making financial decisions, coupled with his graceful and clear writing, elevate this book far above the rest. We’re delighted to have this Exclusive Edition, with an additional chapter written … WebApr 3, 2024 · Summary of The Psychology of Money Written by Morgan Housel. People can’t manage their money well because finance is taught like a science. But it’s not science. It’s …
Book Notes: “The Psychology of Money” by Morgan Housel
WebChapter 13 Summary: “Room for Error”. Housel compares investing to blackjack, which is a “game of odds, not certainties” (124). He advises the reader to cope with the unpredictable nature of finance by always allowing a “margin of safety” in their money planning. This concept, which Housel credits Benjamin Graham with inventing, is ... WebMar 2, 2024 · The psychology of money is the last decade’s highest-rated and best-selling personal finance book. And what will surprise you is that there isn’t a single piece of tactical investing advice. You need to know no formula for pricing stocks, recommended portfolio balances, or tax efficiencies. diamonds or herobrine
Summary: The Psychology of Money by Morgan Housel
WebApr 13, 2024 · Chapter 11 of “The Psychology of Money” by Morgan Housel is titled “Surprise!” and it explores the role of unexpected events and surprises in financial decision-making. Housel begins by... WebWhat Is The Psychology of Money About? The Psychology of Money is about the strange ways people think about wealth, greed, and happiness. The Psychology of Money … WebAug 28, 2024 · In his book, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness, Housel uses interesting stories to illustrate our behavior towards money. … cisco training california