9min chapter

Top Audiobooks Summaries cover image

The Psychology of Money (Morgan Housel) - Audiobook Summary

Top Audiobooks Summaries

CHAPTER

The Illusion of Certainty and Control

This chapter explores how our brains create stories to fill in gaps and provide an illusion of certainty and control, leading to biases and bad decisions. It emphasizes the importance of recognizing what we don't know and being aware of the influence of luck and risk on outcomes.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode