The Psychology of Money: Timeless lessons on wealth, greed, and happiness - Morgan Housel

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ISBN: 978-0857197689

Verdict: 👍 👍 👍 

 I really enjoyed reading this book and would recommend it. 

The author starts by stating the premise of the book where “doing well with money has a little to do with how smart you are and a lot to do with how you behave” which if you really think about it ~ is so true. He then goes on to explain this premise throughout the book.

There are some brilliant quotes in the book e.g., Voltaire’s observation that “history never repeats itself, man always does””. and again my highlighter ✏ was well used. 

Below are just a few quotes from this book but there are so many more; 

  • “There are a million ways to get wealthy, and plenty of books on how to do so. But there’s only one way to stay wealthy: some combination of frugality and paranoia” p57.
  • “Anything that is huge, profitable, famous, or influential is the result of a tail event” p73.
  • “A hyper-connected world means that the talent pool you compete in has gone from hundreds or thousands spanning your town to millions or billions spanning the globe” p189
  • “Sometimes it rains at Disneyland” p163

 
This is one of those books , which is not only a pleasant read with some great quotes, but a book that makes one reflect on their view and concept of money

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