The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness, by Morgan Housel.
It's not always about what you know when it comes to money. It's all about how you act. Even for the most intelligent individuals, conduct is difficult to teach. Money is often taught as a math-based discipline, where statistics and formulae tell us precisely what to do in terms of investment, personal finance, and company choices. People don't make financial choices on spreadsheets in the real world. Personal history, your own unique vision of the world, ego, pride, marketing, and unusual incentives all mixed together around the dinner table or in a conference room. Morgan House provides 19 short tales in The Psychology of Money that explore the ways individuals think about money and show you how to make sense of one of life's most crucial themes.
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