Features of The Psychology of Money PDF
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.The Psychology of Money PDF
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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Description of The Psychology of Money PDF
Do you aspire to make money and start a business that will make your life comfortable and easy to live. The this book The Psychology of Money PDF is one of the best books you can rely on, recommended by the top moguls around the world. It has all the indispensable information on how to start or grow a business that surpasses all bounds of time and goes on to florish in any way. It does not matter what you want to start with, this masterpiece will guide you in all the decisions that you have to make to grow your business in ways that you have only imagined. A must read if you wish to make money and make your life more comfortable.
The Authorsl is a partner at The Collaborative Fund.His book The Psychology of Money has sold over one million copies and has been translated into 46 languages.He is a two-time winner of the Best in Business Award from the Society of American Business Editors and Writers, winner of the New York Times Sidney Award, and a two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He serves on the board of directors at Markel.
Dimensions and Characteristics of The Psychology of Money PDF
|Listening Length||5 hours and 48 minutes|
|Whispersync for Voice||Ready|
|Audible.com Release Date||September 08, 2020|
September 17, 2020
Contained within are some useful tips and insights for those who are naive about finance. However, these could (and should) have been condensed into a newpaper or magazine article. It’s hard to imagine anyone who needs such elementary guidance being allured by a book with “psychology” in its title.
In any event, the title is an abuse of the word. The descriptions of occasionally observed behaviours are no more “psychology” than the Mungo Jerry line of “Life’s for living – yeah! – that’s our philosophy” is philosophy.
These useful tips and insights are padded out to book length with platitudes and excessive self-reference from the author.
I’m tempted towards 1*, but there is at least some value in the tips and insights given.
September 9, 2020
The author does give cliche advice about being frugal and saving your money and not spending like a child on the latest and fanciest new toys. The author also gives no real insight into how any of the people he mentions in the book became rich. If you are looking for that kind of book, then do not buy this one. I also despised he only mentioned men in the book who were rich and well known and not a single woman. This is horrible for two reasons: A. Society has produced more wealthy women than ever before in the past; (2) Some of the men who got rich were able to use their gender privilege as leverage to get ahead in the corporate world. At least the author addressed some men of color and was not exclusive to white men bc in these days, there are more people of color with wealth than there was in the past. The author also does not do case studies of why some people hold on to their assets in their lifetime. He fails to even mention at all families who pass on their assets for generations as well. He does not mention privilege or inherited wealth at all. The author has cliche commentary about people who had funds once and lost it all bc they spent childishly and did not prepare for an economic downturn.
The author also gives lackluster historical information about how economies change over time. I am a huge history buff and nothing he said was new to me or even particularly insightful.
I have long known that most people who drive luxury cars are not rich. Most of these people are wretched financial situations or they bought the car when the markets were good and had no foresight times would get rough one day soon and they would regret buying that car. However, the other does package and explain a trite concept in an interesting way. Also, there may be less sophisticated readers buying this book who never considered it before that the person they always envied with the expensive car was actually on the brink of bankruptcy. One of my favorite parts was the part about how when you see someone roll up in a fancy car, they had a mediocre success and spent half their paycheck on that car.The Psychology of Money PDF
I give this book 4 stars and not less despite the annoyances in my cons section bc it is a good reminder that you can not be a fool with your gold. Esp. these days where there is no end to fools try to one up each other with fancy cars and private schools they can not actually afford. The word for this on the street is “flossing”.
The book started off riveting at first and served as a cautionary tale but wow did it disappoint towards the end and wow was the sexism ever so apparent.
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