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The Psychology of Money

Timeless lessons on wealth, greed, and happiness

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The Psychology of Money

By: Morgan Housel
Narrated by: Chris Hill
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About this listen

The Sunday Times Number One Bestseller.

Over 10 million copies sold around the world.

The original book from Morgan Housel, the New York Times and Sunday Times bestselling author of Same As Ever and The Art of Spending Money.

As featured on the Dr Chatterjee podcast Feel Better, Live More and The Diary of a CEO podcast with Steven Bartlett.


Doing well with money isn't necessarily about what you know. It's about how you behave. And behavior is hard to teach, even to really smart people.

Money – investing, personal finance, and business decisions – is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don't make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together.

In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life's most important topics.

 Investing & Trading Personal Finance Money Thought-Provoking Stock

Critic reviews

It’s one of the best and most original finance books in years.
<i>The Psychology of Money</i> is bursting with interesting ideas and practical takeaways. Quite simply, it is essential reading for anyone interested in being better with money. Everyone should own a copy.
Morgan Housel is that rare writer who can translate complex concepts into gripping, easy-to-digest narrative. <i>The Psychology of Money</i> is a fast-paced, engaging read that will leave you with both the knowledge to understand why we make bad financial decisions and the tools to make better ones.
Housel's observations often hit the daily double: they say things that haven't been said before, and they make sense.
Morgan Housel is one of the brightest new lights among financial writers. He is accessible to everyone wanting to learn more about the psychology of money. I highly recommend this book.
Few people write about finance with the graceful clarity of Morgan Housel. <i>The Psychology of Money</i> is an essential read for anyone who wants to make wiser decisions or live a richer life.
All stars
Most relevant
Before you pick up the Intelligent Investor, Rich Dad, Poor Dad, or any other book from one of those 'best investment books for...' lists, read this book. Clear, concise, intelligent, and practical, I'm yet to find a better foundation for an investment book library.

A great foundation for investment reading

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I've made most of the mistakes the author warns people against in this book and trying to make up for it now. But have encouraged my daughter to read this so that she didn't do the same.

Enjoyed it from start to finish

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very well written, insightful. it will allow you to look at yourself and others with Kinder eyes

one of the best books you can listen too

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This was an interesting and insightful dive into the psychology of money which is a topic too often overlooked. I'd recommend anyone to read/listen to it.

interesting and insightful

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Nice to see different sides of how people see money I enjoy it from the start to the end

Very interesting and insightful book

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