SUMMARY: THE PSYCHOLOGY OF MONEY (MORGAN HOUSEL) BY SUMMARY LAND

In today’s world, there are few things we can be sure of, and markets and finance are no exception. So why do we continue to treat money and investments as though financial market rules were set in stone? The reason we see it this way is because we are human, and as such, we are governed by the norms of psychology. Understanding the psychological mechanisms that are triggered within us when we deal with money, can explain - and help us avoid - those irrational behaviours that can jeopardise both our fortunes and our happiness. In his best-seller, The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness, Morgan Housel highlights the money triggers that we should be on the look out for.Learn the key ideas of the book by Morgan Housel Why "Summary Land" summary books? - Read in time with less time. - No personal opinions, we only analyze the author's work. - Because we believe reading more you can do more. Disclaimer: This is an unauthorized book summary. We are not affiliated or sponsored by the original authors or publishers in anyway. We encourage purchasing the original books and our summary book for for your active learning.