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  • The Psychology of Money

  • Timeless Lessons on Wealth, Greed, and Happiness
  • By: Morgan Housel
  • Narrated by: Chris Hill
  • Length: 5 hrs and 54 mins
  • 4.7 out of 5 stars (4,444 ratings)

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The Psychology of Money

By: Morgan Housel
Narrated by: Chris Hill
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Summary

Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people.

Money - investing, personal finance, and business decisions - is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together.

In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important topics.

©2020 Harriman House (P)2020 Harriman House
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What listeners say about The Psychology of Money

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  • Overall
    4 out of 5 stars
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    4 out of 5 stars
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    5 out of 5 stars

Not an academic treatise

Easy to engage with and some elements that can be applied to you own behaviours. Yes it’s got a US reader bias but it’s simple enough to look past this. The narrator was engaging and as it’s not too long you can get through it without getting lost in longer and more weighty academic works. A good introduction to the topic.

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8 people found this helpful

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    5 out of 5 stars
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Enjoyed it from start to finish

I've made most of the mistakes the author warns people against in this book and trying to make up for it now. But have encouraged my daughter to read this so that she didn't do the same.

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2 people found this helpful

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    5 out of 5 stars
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one of the best books you can listen too

very well written, insightful. it will allow you to look at yourself and others with Kinder eyes

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1 person found this helpful

  • Overall
    5 out of 5 stars
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    5 out of 5 stars

learned allot

The book was well narrated.
learned allot even though it was focused solely on the American economy.

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  • Overall
    5 out of 5 stars
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great introducton

A great book for anyone new to the topic of investing. it's message is simple but beautifully told.

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  • Overall
    5 out of 5 stars
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Priceless perspectives

Not a 'how-to' finance book in the traditional sense - more of a why-to. 20 short, story-driven independent chapters make this easy to digest. Excellent narration too

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  • Overall
    5 out of 5 stars
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Fascinating

A look at money in a way I was not expecting. Fascinating insights and a way of thinking which resonates with me. Highly recommended as a part of your financial education

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    5 out of 5 stars
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Wonderful!

Thoroughly enjoyed this.
provide me with alot more understand into managing money, taking risks and planning ahead.

highly recommended!

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    5 out of 5 stars
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Superb book

Great book. Really puts things in to perspective!!!

this is a must read or listen for and perspective invester!!



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    5 out of 5 stars
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Really enjoyed this audio book.

I wouldn’t call it psychology but otherwise the book is excellent.
It is also a bit scary that the author in 2020 predicts a bear market soon (which is now happening) and also in the last paragraph hints that the existing people’s mentality and expectations might lead to major events such as a war (which is now happening).

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