The Psychology of Money | Morgan Housel
10% Happier with Dan Harris
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The Psychology of Wealth and Investment
This chapter examines the contrast between financial success and emotional intelligence, arguing that behavioral traits such as self-control are more crucial than academic knowledge in investing. It highlights how simple, consistent investment strategies often yield better results than complex financial maneuvers, as exemplified by the authors' parents. The discussion also reflects on the intricate relationship between wealth, happiness, and the trade-offs between professional success and personal fulfillment.
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