The Psychology of Money

 

   It was panned by Morgan Housel. Morgan Housel was born on August 15, 1990, in the United StatesHe is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers and winner of the New York Times Sidney Award. In 2022, Market Watch named him one of the 50 most influential people in markets. He serves on the board of directors at Markel.

   Furthermore, in this book, he has presented more than 100 conferences in a dozen countries. He speaks about behavioral finance and history.

   There are 256 pages, and 3 million copies of this book were sold. It has 18 chapters. At the first, it was published on 1st January 2020 then it was published by Harriman House on 8th September 2020. The core theme of this book is to explore how money moves around in an economy. In this book, Morgan Housel teaches us how to have a better relationship with money and to make smarter financial decisions. Money isn’t necessarily about what you know. It is about how you behave and behavior is hard to teach. Money investing, personal finance, and business decisions are 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. This stocks 19 short stories exploring the extraordinary ways people think about money and imparts you how to make better intelligence of one of life's most significant topics.

Shahnaz Fida

Turbat, Kech

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