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The Psychology of Money PDF Summary
What does it mean to us? How do we spend and save and invest? How do we connect who we are today to who we might be tomorrow? Morgan Housel forces us to think about the word “risk” from many perspectives. The book is interesting in many ways.
The author keeps on surprising with his wonderful understanding of money in different chapters of the book. The premise of this book is that doing well with money has little to do with how smart you are and a lot to do with how you behave. There is no end to money.
The Psychology of Money Book PDF is an important book for investing money. Housel’s easy writing style might give some the impression that this is a casual take on the intersection of psychology and finance. In this book, through the lens of history and personal tales, the author teaches us the most profound insights into the psychology of money.
This is by far the best book about Finance, both personal & global. Easy to understand with real-life examples & learning. The book talks about the difference between getting wealthy and staying wealthy. The author says that many people acquire wealth but fail to preserve wealth and hence it is important to learn how to preserve wealth.
The author talks in detail about the role of luck in investing in many places in the book. This book is sure to become a classic of personal finance. There are 20 chapters in the book and each one of them has its own valuable message.
The Psychology of Money PDF Information
Please note that many of the topics are about stock market investments. So if you don’t have any idea about investing or stock markets then it would be hard to understand. This book is about your habits and behavior towards money.
But if you know anything about the stock market, then this is the easiest book you could read about investing. Has 20 small behaviors that we should adopt towards money. Easy to understand and easier to implement. Attached are a few snapshots from the first few chapters just to give you a glimpse!
Morgan is a master storyteller, and the way he has interwoven the Psychology of Money with stories is simply awesome. You won’t be able to put it down once you start reading. All the information is logical and known. Liked the personal touch on why we do what we do and why investment choices are personal.
The book is very simple and every common man should read it. It teaches us in a very reasonable way about why and how we make decisions about money and how if we can understand our own psychology about the money we can take better decisions.
Morgan Housel has written it in the easiest possible way and in little chapters not more than a few pages just so we can understand and finish the book easily. This is a must-read for the youngsters of today… or anyone who has still not started saving for the future. Morgan Housel beautifully communicates the idea of saving money!
The Key Points of The Psychology of Money Book PDF
- Beginners can understand the concepts properly who don’t know the share market.
- It is good for beginners. But if you know the share market a bit then it will be a very helpful book.
- He explained so much complexity in such simplicity that a rookie will be able to gain the virtue of a much higher level. It is easy to read and understand.
- Many of the topics are about stock market investments. So if you have any idea about investing or stock markets then it would be easy to understand.
- This has a huge impact on investing just like ‘Rich dad and poor dad book’ had on personal finance.
- This Book is a good read if you are starting your investment journey.
Contents of Psychology of Money Book
- No Once Crazy
- Luck & Risk
- Never Enough
- Confounding Compounding
- Getting Wealthy vs. Staying \Wealthy
- Tails, You Win
- Man in the Car Paradox
- Wealth is What You Don’t See
- Save Money
- Reasonable> Rational
- Room for Error
- You’ll Change
- Nothings Free
- You & Me
- The Seduction of Pessimism
- When You’ll Believe Anything
- All Together Now
Psychology of Money PDF Review
Money-investing. personal finance and business decisions-is are typically taught in 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 ake 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.
About The Psychology of Money Book PDF Details
|Book Name:||The Psychology of Money|
|Publisher:||Jaico Publishing House|
|Release Date:||September 2020|
About the Author
Morgan Housel is a partner at The Collaborative Fund and a former columnist at The Motley Fool and The Wall Street Journal. 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.
The Psychology of Money PDF Free Download In Hindi
We are providing the PDF format of The Psychology of Money Book by Morgan Housel and you can easily download this Pdf for free from the link given below.
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Q.1 How many pages in the psychology of money book?
The psychology of money book has 256 pages.
Q.2 When was the psychology of money book released?
The book was released on 8 September 2020.
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