
The Psychology of Money
Timeless Lessons on Wealth, Greed, and Happiness
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Narrated by:
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Chris Hill
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Written by:
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Morgan Housel
About this listen
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.
Money - investing, personal finance, and business decisions - is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together.
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 one of life’s most important topics.
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What listeners say about The Psychology of Money
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
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- NS
- 2021-07-17
Excellent Book
This is an excellent book. Some of the content is taken from the author’s blog posts, but it is compiled, and added to, in a manner that makes it worthwhile. The reader, whom some will know from Motley Fool Money podcasts, is great.
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1 person found this helpful
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- Mikalai
- 2021-07-31
Truly enjoyed the book
Loved an easly explanation and fun stories, as well as examples were great. Highly recommended.
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- Patricia L.
- 2021-08-28
very insightful
this book was extremely insightful and i have gain lot of amazing strategies that i will start applying and changes that I will and have implemented everyone who cares about their wealth and legacy should listen to this book and take note ❤❤❤❤
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- Simon pawar
- 2021-06-25
Excellent Experience
The book itself says timeless lessons on money, greed and happiness, and it speaks for itself.
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- Matthew P Purvis
- 2022-06-12
Thought provoking and immensely helpful.
Bundles of wisdom in concise & entertaining chapters. As useful for Wall St. pros as for 1st time investors.
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- cotyledon
- 2021-07-06
Pithy and engaging
This book offers a number of fresh perspectives to help the reader make better sense of what goes on in markets and the media every day. The reader communicates a sense of wonder that keeps the author's insights engaging. Well worth the time to read or listen!
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- Satyam
- 2021-02-22
Must listen for every one. especially college kids
full of facts on money and everyone must listen. especially college students who are going in to the real world
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- Koen Vendrik
- 2022-01-13
Great book!
A lot of his ideas really resonated with me: like the purpose of money being controlling your time, good financial decision making being reasonable decision making vs rational, and how one of the most important milestones in personal financial planning is to get the goalpost to stop moving. Great book that I'd recommend to anyone who is eager to learn more about personal financial planning or is looking for a more sensible way to look at finance.
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- Patrick G
- 2023-01-20
Decent, not great
Well summarized ideas but I felt it was simplistic and basic information. Very similar to a wealthy barber kind of feel.
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- Abasifreke
- 2023-06-01
Pretty good
Really good at explaining why even irrational behavior on the market is quite rational. And explains margin of safety in a new way as having a bigger cash bank to fall back on when the unplanned happens
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