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The Psychology of Money by Morgan Housel | Why Behavior Beats Math in Wealth Building
The Psychology of Money begins with a simple but important idea: doing well with money has less to do with intelligence than with behavior.Morgan Housel argues that personal finance is not a hard science governed only by formulas, but a field shaped by emotion, experience, incentives, fear and individual history. Through stories about investing, saving, compounding, luck, risk and financial decision-making, the book explains why people can know exactly what they should do with money and still behave in ways that work against their own interests.This episode explores some of the book’s most…
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