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3min chapter
PSYCHOLOGY OF MONEY: Timeless Lessons from Morgan Housel
The Next Big Idea
Incentives, Self-Interest, and Belonging
Exploring the influence of career incentives and self-interest on decision-making in professions like law, medicine, and investing, as well as the impact of belonging as a motivator. The chapter emphasizes the need for understanding others' experiences and beliefs to navigate incentives effectively.
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