The Psychology of Money: Timeless lessons on wealth, greed, and happiness is a motivational book written by Morgan Housel. You can download this The Psychology of Money book free in pdf format. In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories that explore the strange ways people think about money and teach you how to better understand one of life’s most important topics.
According to Morgan Housel: My favorite Wikipedia entry begins: “Ronald James Read was an American philanthropist, investor, janitor, and gas station attendant.” Ronald Read was born in rural Vermont. He was the first person in his family to graduate from high school, made even more impressive by the fact that he hitchhiked to campus every day. For those who knew Ronald Read, there wasn’t much else to mention. His life was as discreet as it seems.
|Book Name||The Psychology of Money|
|Author of Book||Morgan Housel|
Overview of The Psychology of MoneyAccording to Morgan Housel: Those who knew Read were baffled. Where did he get all that money from? It turned out that there was no secret. There was no lottery prize or inheritance. Read saved what little she could and invested it in blue-chip stocks. Then he waited, for decades, as the tiny savings piled up to more than $8 million.
That is all. From janitor to philanthropist. A few months before Ronald Read’s death, another man named Richard appeared in the news. Richard Fuscone was everything Ronald Read was not. Fuscone, a Harvard-educated Merrill Lynch executive with an MBA, had such a successful career in finance that he retired at age 40 to become a philanthropist. Former Merrill CEO David Komansky praised Fuscone’s “business savvy, leadership skills, good judgment, and personal integrity.”¹ Crain’s Business Magazine once included him in a list of “40 Minor 40” of successful entrepreneurs.
Topics of this EditionHere are the topics of The Psychology of Money Pdf Free
Introduction: The Greatest Show On Earth
1. No One’s Crazy
2. Luck & Risk
3. Never Enough
4. Confounding Compounding
5. Getting Wealthy vs. Staying Wealthy
6. Tails, You Win
8. Man in the Car Paradox
9. Wealth is What You Don’t See
10. Save Money
11. Reasonable > Rational
13. Room for Error
14. You’ll Change
15. Nothing’s Free
16. You & Me
17. The Seduction of Pessimism
18. When You’ll Believe Anything
19. All Together Now
About the AuthorMorgan Housel is a partner at The Collaborative Fund and a former columnist for The Motley Fool and The Wall Street Journal.
He is a two-time winner of the Society of American Business Editors and Writers’ Best in Business Award, winner of the New York Times Sydney Award, and two-time finalist for the Gerald Loeb Award for Distinguished Business and Financial Journalism. He lives in Seattle with his wife and two children.
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