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The Psychology of Money

Morgan Housel · 2020-09-08

Morgan Housel presents 19 short stories illustrating that financial success has more to do with behavior, temperament, and time horizon than intelligence or technical knowledge. Key insights include that wealth is what you don't see (the unspent money), that reasonable beats rational, and that compounding requires the patience to do nothing. The book became one of the best-selling personal finance titles of the decade by making behavioral finance deeply relatable.

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