Description
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. They make them at the dinner table, or in a meeting room, where personal history, your unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In the psychology of money, the author 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 matters.
From the brand
BUSINESS / FINANCE
BUSINESS / FINANCE
BUSINESS / FINANCE
BUSINESS / FINANCE
Publisher : Jaico Publishing House
Publication date : 1 September 2020
Language : English
Print length : 252 pages
ISBN-10 : 9390166268
ISBN-13 : 978-9395970334
Reading age : Customer suggested age: 17 years and up
Item Weight : 224 g
Dimensions : 14.2 x 0.9 x 21.7 cm
Country of Origin : India
Net Quantity : 1 Count
Importer : Jaico Publishing House, JA-1, Jash Chambers, Off Sir Phirozshah Mehtra Road, Fort, Mumbai, Maharashtra 400023 Phone: 022 4030 6767
Packer : Jaico Publishing House, JA-1, Jash Chambers, Off Sir Phirozshah Mehtra Road, Fort, Mumbai, Maharashtra 400023 Phone: 022 4030 6767
Generic Name : Paperback Book
Best Sellers Rank: #6 in Books (See Top 100 in Books) #1 in Analysis & Strategy #4 in Personal Transformation
Customer Reviews: 4.6 4.6 out of 5 stars (78,829) var dpAcrHasRegisteredArcLinkClickAction; P.when(‘A’, ‘ready’).execute(function(A) { if (dpAcrHasRegisteredArcLinkClickAction !== true) { dpAcrHasRegisteredArcLinkClickAction = true; A.declarative( ‘acrLink-click-metrics’, ‘click’, { “allowLinkDefault”: true }, function (event) { if (window.ue) { ue.count(“acrLinkClickCount”, (ue.count(“acrLinkClickCount”) || 0) + 1); } } ); } }); P.when(‘A’, ‘cf’).execute(function(A) { A.declarative(‘acrStarsLink-click-metrics’, ‘click’, { “allowLinkDefault” : true }, function(event){ if(window.ue) { ue.count(“acrStarsLinkWithPopoverClickCount”, (ue.count(“acrStarsLinkWithPopoverClickCount”) || 0) + 1); } }); });
Himanshu –
Super read – should be part of school curriculum
The best book that I’ve read in my life and I would suggest anyone and everyone to read. It is thought provoking and provides insights in how the other way may be equally right as well (but may not be for you). Super read and should be part of school curriculum.
ishan jain –
Must Read for those in teens and twenties
The books was obtained in good condition, the page quality is good. As far as book reading experience it is quite useful book in terms of how we should actually perceive money and am easy read must read for teen and in twenties. This book will definitely change your perception about money and will have a long lasting impression on your life.
Abhishek –
Must read but Repeated ideas sometimes
✅ Easy to read & full of real-life money lessons 💡✅ Makes you think differently about wealth & happiness 💭✅ Short chapters — perfect for quick reading sessions ⏳✅ Great examples & storytelling style 📖❌ Gets a bit repetitive in a few parts 🔁💬 Overall:A must-read for anyone who wants to understand the mindset behind money — simple, smart, and eye-opening! 💰✨
Swastik Mishra –
I like this book
The world good book, a final financial physically of money. And this book has a read and you feel like money deep line. Ok, you can afford this and read the book. Read and you like a good person.
prabhat k. –
It is value for money
It is best book
MirajAnsari 295 –
Must read to understand difference between luck and consistency.
It’s a great book to read.There are too many stories which conflicts one which with other but i believe that was point of it.
Jyoti –
A mindset book for money, not a finance manual
Focuses more on money behavior than technical finance. Many ideas around saving, risk, and long-term thinking. A practical and approachable read for building better money habits. Though examples are dated and location based.
Madhav Raval –
A Paradigm Shift! “The Psychology of Money” is Essential Reading for Everyone!
I’ve always believed that managing money was about math and formulas – how much to save, where to invest, and optimizing returns. But “The Psychology of Money” by Morgan Housel completely shattered that notion and opened my eyes to a much more profound truth: financial success isn’t primarily about what you know, but about how you behave.This book is an absolute revelation. Housel doesn’t just present dry financial advice; he masterfully weaves together captivating stories and timeless principles to explain why our emotions, biases, and unique personal experiences play such a crucial role in our financial decisions. Each short chapter is a powerful lesson, making complex concepts incredibly accessible and engaging. You’ll find yourself nodding in agreement, reflecting on your own past choices, and realizing how much of financial advice overlooks the messy, human element.What truly stands out is the book’s emphasis on simplicity and common sense. It’s not about getting rich quick, but about building sustainable wealth through patience, understanding risk, and defining “enough.” Housel distills decades of financial wisdom into actionable insights that are relevant whether you’re just starting your financial journey or are a seasoned investor. I particularly appreciated the focus on humility and the acknowledgment that luck and risk often play larger roles than we admit.This book has changed my perspective on money, investing, and even my own relationship with wealth. It’s a powerful reminder that controlling your emotions and adopting a rational, long-term mindset are far more valuable than chasing the latest stock tip. If you’re looking for a book that will not only improve your financial understanding but also profoundly impact your financial behavior for the better, then “The Psychology of Money” is an absolute must-read. It’s clean, insightful, and delivers on its promises. This is undoubtedly a 5-star product that has earned its permanent spot on my bookshelf and in my mind. Highly, highly recommended!
pars –
I bought The Psychology of Money expecting another finance book full of rules and strategies, but it turned out to be very different, well, in a good way. It’s not really about how much money you make or which stocks to buy, but about how we think and behave around money.What I liked most is how simple and relatable the examples are. Morgan Housel uses short stories that actually make you stop and think, especially about patience, risk, and how emotions play a much bigger role in money decisions than we like to admit. I found myself recognizing my own habits in a lot of the chapters.The book is easy to read, not technical at all, and you don’t need a finance background to get value from it. I’d read a chapter at a time and still feel like I learned something useful. Some ideas seem obvious at first, but the way they’re explained really makes them stick.If you’re looking for a book that helps you build a healthier mindset around money not just investing tips this one is definitely worth reading. I’m glad I picked it up.
Muhammad Anwar-ul-Haq –
Highly recommended for anyone who is considering to invest in stocks or intends to do at some point in their life. Actually, recommended for everyone who struggles to manage their finances. Written in a very simple language. Easy for a layman like me to understand.
Jóni Da Costa –
Love this edition, book came in excellent condition and would recommend it to those interested in psychology and economy of course
FAVREAU –
Éducation financière
cesar carneiro penna –
Este é um livro sobre como você se relaciona com o dinheiro. Não apenas sobre como você investe, mas sobre o que te faz gastar e o que te faz querer mais. Sobre quando gasta, o que espera sentir e como você pode se planejar para o futuro. A abordagem não é calculista, muito pelo contrário, ela é humana.Vemos diariamente pessoas nos dizendo como ficar milionários fazendo investimentos. Morgan Housel dá uma dica muito importante: descubra qual jogo cada um está jogando e tente identificar se o jogo da pessoa que está te dando conselhos é diferente do seu.Você vive fazendo o jogo de surfar no “momento” dos investimentos que hoje estão em alta e fazer uma “grana rápida” ? Você investe pensando em qual horizonte de tempo: meses, anos, década, ou no dia de hoje?Como você lida com riscos?As ações são voláteis, você é do tipo que tenta driblar esta volatilidade, comprar na alta e vender na baixa? Você tem dificuldade em lidar com as perdas, e assim que seu portfólio sofre uma queda, começa a tomar medidas emergenciais? Você investe de maneira que se tudo der errado acabou, ou vai ainda ter um plano e conseguir seguir em frente?Talvez este livro seja para você. Housel prega uma mudança completa de mentalidade. O que ele busca trazer é uma forma de te dar autonomia, controle sobre o que fazer, quando fazer, como fazer, mantendo uma segurança apesar da inerente volatilidade dos investimentos.Seguem duas outras lições que, num primeiro momento, foram mais marcantes para mim:Riqueza vs. ser rico (rich people vs. wealthy people)Você precisa aprender o que é o suficiente para você e a restringir seus gastos a partir deste ponto. Os estudos mostram, que quando atinge certo padrão de vida, gastar mais dinheiro te traz muito pouca felicidade a mais. É um mindset, mas é exatamente o oposto do que todo o marketing que somos bombardeados o tempo todo diz para a gente. É o oposto do que o Instagram fica tentando esfregar na nossa cara ao estimular constantes comparações. Para salvar um percentual significativo da sua renda com consistência e guardar ao longo dos anos e décadas, é essencial que você pare de aumentar seus gastos simplesmente porque aumentou sua renda e “pode” gastar mais.Você possui seus vícios e manias, não é um robô que consegue disciplinadamente executar tudo que é bom para você sem qualquer falha ou recaída. Por isso, Housel fala sobre deixar espaço para coçar as coceiras. Assim como um nutricionista precisa incorporar um respiro em suas dietas (aquele domingo ou viagem quando você pode comer à vontade), você precisa entender aquela mania sua. É trocar de carro mais do que deveria? Trocar a mobília da casa? Trocar o celular todo ano? Tenha um espaço para isso e mantenha a mentalidade do “suficiente” para todo o resto.Não faça a besteira de ler alguns reviews e achar que entendeu o que este livro ensina. Para mim o Housel está no mesmo nível dos ganhadores do Nobel D. Kahneman e R. Thaler. A diferença sendo que ao invés de realizar experimentos para ampliar o conhecimento, Housel é especialista em investigar o conhecimento disponível, juntar os pontos e tornar a informação acessível e acionável. O livro é carinho (chegamos a 70 reais em um ebook!), mas o investimento se paga muitas vezes. Caso queira algo gratuito você pode também ler o blog do Housel (o blog chama collaborativefund, procure no Google, porque a Amaozn não permite links aqui). Eu sou um grande fã e este é, sem dúvida, seu melhor trabalho até hoje. Uma verdadeira obra de arte.