#21

Mentioned in 282 episodes

The Psychology of Money

Timeless Lessons on Wealth, Greed, and Happiness

Book • 2020

In 'The Psychology of Money,' Morgan Housel delves into the psychological and emotional aspects of financial decisions.

The book consists of 19 short stories that illustrate how personal history, worldview, emotions, and biases influence financial outcomes.

Housel emphasizes the importance of behavior over knowledge in managing money, highlighting the power of compounding, the dangers of greed, and the pursuit of happiness beyond mere wealth accumulation.

He advocates for a frugal lifestyle, long-term perspective, and a balanced approach to investing, stressing that financial success is more about mindset and discipline than about technical financial knowledge.

Mentioned by

Andrew Huberman

Steven Bartlett

Steven Bartlett

Chris Williamson

Mentioned in 282 episodes

Mentioned by

James Clear

and

Tim Ferriss

as an outstanding book.

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Mentioned by

Andrew Huberman

as a spectacularly bestselling book and the basis for today's discussion.

Understand & Apply the Psychology of Money to Gain Greater Happiness | Morgan Housel

Mentioned by

Tim Ferriss

, highlighting its popularity and translations.

#702: Morgan Housel — Contrarian Money and Writing Advice, Three Simple Goals to Guide Your Life, Journaling Prompts, Choosing the Right Game to Play, Must-Read Books, and More

Mentioned by

Steven Bartlett

as teaching that patience and boring investing are the way to build wealth long term.

Financial Expert: Passive Income Is A Scam! Post-Traumatic Broke Syndrome Is Controlling Millions!

Mentioned by

Steven Bartlett

as a book that changed how he thinks about money.

The Savings Expert: They're Lying To You About Buying A House! Tariffs Are About To Skyrocket Cost Of Living! Here's The Truth About America Collapsing!

Mentioned by

David Senra

when discussing the highlight feed feature of Founders Notes.

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Mentioned by

Shane Parrish

in the introduction as one of

Morgan Housel

's best-selling books.

Morgan Housel: Get Rich, Stay Rich

Mentioned by

Charlie Hoehn

as an example of a book that sold many copies but didn't make the New York Times bestseller list.

Charlie Hoehn: Write Something People Want to Read

Recommended by

Tim Ferriss

and his brother, who both enjoyed the book.

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Mentioned by

Chris Williamson

while discussing books on personal finance.

#746 - Morgan Housel - 12 Unexpected Laws Of Human Psychology

Mentioned by

Steven Bartlett

as a book that changed his life regarding money and finance.

The Savings Expert: “Do Not Buy A House!”, How To Turn £100 Into £1.5m Without Effort: Morgan Housel

Mentioned by

Ali Abdaal

as a book with short, self-contained chapters.

Cal Newport: The Secrets of Slow Productivity

Mentioned by

David Senra

as a bestselling author whose book "Psychology of Money" is referenced in the podcast.

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Mentioned by

Ali Abdaal

in the context of podcasts and their value.

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Mentioned by

Ramit Sethi

as an amazing book about Warren Buffett and the psychology of money.

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Mentioned by

Chris Williamson

as a phenomenal book, particularly praising its storytelling.

#707 - Morgan Housel - 9 Timeless Lessons About Human Psychology

Mentioned by

Morgan Housel

as his first book, which was released in 2020, focusing on investing.

Very Bad Advice (And a Word on My New Book)

Mentioned by

Morgan Housel

himself when discussing his writing process and evolution.

Morgan Housel: How He Sold 4 Million Books

Mentioned by

Justin Su'a

in the context of financial freedom and the psychology of money.

Justin Su'a: Peak Mental Performance

Mentioned as

Morgan Housel

's most famous book, which has sold more than 8 million copies.

Morgan Housel: How to Master Writing | How I Write

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