The psychology of money : timeless lessons on wealth, greed, and happiness / Morgan Housel.

Format:

Book

Author/Creator:

Housel, Morgan, author.

Contributor:

Lippincott Library Book Endowment Fund.

Language:

English

Subjects (All):

Money--Psychological aspects.

Money.

Wealth.

Genre:

Anecdotes.

Short stories.

Physical Description:

viii, 242 pages : illustrations ; 22 cm

Place of Publication:

Hampshire, Great Britain : Harriman House, 2020.

Summary:

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.

Contents:

No one's crazy

Luck & risk

Never enough

Confounding compounding

Getting wealthy vs. staying wealthy

Tails, you win

Freedom

Man in the car paradox

Wealth is what you don't see

Save money

Reasonable > rational

Surprise!

Room for error

You'll change

Nothing's free

You & me

The seduction of pessimism

When you'll believe anything

All together now

Confessions.

Notes:

Includes bibliographical references (pages 239-241).

Local Notes:

Acquired for the Penn Libraries with assistance from the Lippincott Library Book Endowment Fund.

ISBN:

9780857199096

0857199099

9780857197689

0857197681

OCLC:

1191843808