psychology of money

“The book has shaped how I think about money ever since. It does not tell you what to do but focuses on understanding greed, fear, risk, and other psychological aspects of money.”

“This book has shaped how I think about money ever since. It discusses timeless lessons of wealth, greed, and happiness.”

“The speaker discusses how 'The Psychology of Money' changed his fortunes and helped him become a successful investor, emphasizing its impact on understanding wealth and finance.”

“Morgan Housel wrote this great book called the psychology of money, discussing how people's relationship to their goals is often like the horizon that keeps moving further away.”

“Described as exceptional and relevant, especially post-2020, incorporating factual history and perspectives on happiness and investment strategies.”

“Morgan Housel has a quote in the psychology of money where he says the number one thing that you need to do to win the game is to stop moving the goalposts further away from you every single time that you hit a new financial goal.”

“The speaker mentions that most of the principles about money they know came from this book, highlighting its influence on their understanding of investing.”

“The book is so incredible. It's particularly good to get Morgan on video. He's hilarious and passionate about what he's talking about.”

“The speaker encourages listeners to check out 'Psychology of Money' for financial advice, especially relevant for the year discussed.”

“elationship troubles to explain why it had taken him three days to get back to me. And I thought, holy stardust, here are people of extraordinary intelligence, creativity, accomplishment, and work ethic who think they are accountable to others for how they spend their time, which is the fulcrum of their life. And I thought, how sad, how necessary that we train each other in a kind of basic faith, that everyone is doing the best with the equation between the resources they have, which we tend to overestimate, and that demands their life places upon them, which we tend to underestimate, because most of them are invisible to”

“taken him three days to get back to me. And I thought, holy stardust, here are people of extraordinary intelligence, creativity, accomplishment, and work ethic who think they are accountable to others for how they spend their time, which is the fulcrum of their life. And I thought, how sad, how necessary that we train each other in a kind of basic faith, that everyone is doing the best with the equation between the resources they have, which we tend to overestimate, and that demands their life places upon them, which we tend to underestimate, because most of them are invisible to us. And so I stopped using autoresponders or apologizing for how long it takes me to return a”

“Ben mentions that this book has massively changed the way he personally invests and thinks about spending time and family.”

“Mel Robbins mentions Morgan Housel's book 'The Psychology of Money', describing how it changed her mindset about money.”

“Morgan Housel's book discusses the psychology behind financial decisions, using engaging stories to convey complex ideas about money.”

“Morgan has a book called The Psychology of Money, which is an awesome, awesome read that you should go and check out.”

“The book is recommended for its understanding of what wealth really is, emphasizing the ability to do what you want, when you want.”

“Morgan Housel has written a book called the psychology of money, which discusses timeless lessons in wealth, greed, and happiness.”

“The host mentions Morgan Housel's new book, 'The Psychology of Money', which is available for pre-order.”

“Recommended as the essential book on finance, particularly for financial planning and debt management.”

“Morgan Housel discusses the concept of compounded knowledge versus cyclical knowledge, using examples from history to illustrate how human behavior around money tends to repeat itself.”

“The book teaches that patience and more boring investing is the way to build wealth over the long term, highlighting that all other strategies have hidden trade-offs which can lead to being broke.”

“The Psychology of Money is the book that changed my financial life. It's one of the bestselling books of all time.”

“Morgan Housel, who wrote The Psychology of Money, shared a story about the pressures of expectations after achieving success with a first book.”

“The discussion references a case study from the book about Ronald James Reed, a janitor who accumulated wealth through patience and endurance in investing.”

“The speaker discusses the importance of understanding time horizons in relation to financial goals, referencing chapter 16 of 'The Psychology of Money'.”

“The speaker notes that Morgan Housel expressed he may never write a book that does more than 'The Psychology of Money'.”

“The psychology of money book talks about the mentality that makes you go in pursuit of high risk bets, which can lead to losing money.”