"The Psychology of Money" by Morgan Housel teaches you how to behave with money. In the book, Morgan Housel shares 19 short stories about how people think about money.
How to manage money is hard to teach, even to people with great mathematical and economical abilities. Many financial decisions are not made in the office on a spreadsheet. They are made in social contexts, at the dinner table, at a party or in a meeting room.
The financial knowledge is mixed together with your behaviour, your opinions and your personal history.
The book is showing you how investors think, what makes them take risks and how risks can be thought about in a productive way.
"The Psychology of Money" is written by the award-winning author Morgan Housel who is also a lecturer in behavioral finance and history using the same kind of storytelling as in his book "The Psychology of Money".