Psychology of Money, Morgan Housel — Then Do Better
Short, readable advice book by Morgan Housel Covers financial thinking, room for errors Unusually, covers spending within means, understandable “tail risk” stories Plenty of insights backed up by stories A focus on the power of stories and narratives Recommended Backgro
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Timeless lessons on wealth, greed, and happiness doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people. 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 the real world, people don’t make financial decisions on a spreadsheet.
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