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Summary of The Psychology of Money: Timeless Lessons on Wealth, Greed and Happiness

Summary of The Psychology of Money: Timeless Lessons on Wealth, Greed and Happiness

Betteryou Summaries
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The Psychology of Timeless Lessons on Wealth, Greed, and Happiness’ explains the deep connection of human psychology with money. Morgan Housel, the author of this book, has won the Best in Business Award from the Society of American Business Editors and Writers twice. He has presented at over 100 conferences in numerous countries.Housel has observed personal finance from the perspective of human behavior. People fail to manage their finances efficiently despite attending the financial lessons in colleges. In fact, their past experiences play a major role in the decision they take.This book explains how our psychology can work for, as well as against us, based on our past experiences. Housel aims at helping us make a better relationship with money and make smarter investment decisions. It doesn't matter how smart you are, but your behaviour and attitude can help you do well with money. But with the wrong attitude, no amount of intelligence can help in experiencing financial success.Morgan Housel explores the psychology of humans behind their financial weakness. You will discover how the past experiences control our decisions related to investments. Having a clear and reasonable financial goal without completely relying on the historical financial performance can help in financial success.In this book summary you will How investment strategies are shaped by personal experiences.Is individual effort everything, or luck and risk affect the final outcomes too.How can doing average things help you become a genius investor.Why reasonable financial decisions are more important than rational onesPLEASE NOTE THIS IS NOT AN ORIGINAL BOOK BUT A SUMMARY AND ANALYSIS OF THE ORIGINAL BOOK. WE HAVE SUMMARISED THE KEY TAKEAWAYS AND LESSONS FOR THE READER TO GRASP IN A SHORT READING TIME.We, at Better You aspire to provide knowledge nuggets from the best of global bestsellers and thereby add wisdom, productivity and inspiration to our readers busy lives.
Language
English
Pages
27
Format
Kindle Edition
Release
September 09, 2021

Summary of The Psychology of Money: Timeless Lessons on Wealth, Greed and Happiness

Betteryou Summaries
0/5 ( ratings)
Read Download
The Psychology of Timeless Lessons on Wealth, Greed, and Happiness’ explains the deep connection of human psychology with money. Morgan Housel, the author of this book, has won the Best in Business Award from the Society of American Business Editors and Writers twice. He has presented at over 100 conferences in numerous countries.Housel has observed personal finance from the perspective of human behavior. People fail to manage their finances efficiently despite attending the financial lessons in colleges. In fact, their past experiences play a major role in the decision they take.This book explains how our psychology can work for, as well as against us, based on our past experiences. Housel aims at helping us make a better relationship with money and make smarter investment decisions. It doesn't matter how smart you are, but your behaviour and attitude can help you do well with money. But with the wrong attitude, no amount of intelligence can help in experiencing financial success.Morgan Housel explores the psychology of humans behind their financial weakness. You will discover how the past experiences control our decisions related to investments. Having a clear and reasonable financial goal without completely relying on the historical financial performance can help in financial success.In this book summary you will How investment strategies are shaped by personal experiences.Is individual effort everything, or luck and risk affect the final outcomes too.How can doing average things help you become a genius investor.Why reasonable financial decisions are more important than rational onesPLEASE NOTE THIS IS NOT AN ORIGINAL BOOK BUT A SUMMARY AND ANALYSIS OF THE ORIGINAL BOOK. WE HAVE SUMMARISED THE KEY TAKEAWAYS AND LESSONS FOR THE READER TO GRASP IN A SHORT READING TIME.We, at Better You aspire to provide knowledge nuggets from the best of global bestsellers and thereby add wisdom, productivity and inspiration to our readers busy lives.
Language
English
Pages
27
Format
Kindle Edition
Release
September 09, 2021

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