5min chapter

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#222 - Morgan Housel - How To Become Wealthy, Stay Wealthy & Be Happy

Modern Wisdom

CHAPTER

The Psychology of Money

Money's just numbers in and numbers out, isn't it? See, that's what people get thrown off. The psychology of money is so important. We've made a lot of progress in terms of the technical side of finance over the last hundred years. Academic finance has figured out how finance works,. And what is left for us to get better at is the psychological side of money. It took me a while to figure this out, but once i kind of realized it, it was so transformational. What does money get us? Obviously, that what itit clearly gets us is stuff. That's that's the obvious answer. But there's a lot else that money does for people

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