The Psychology of Money
Timeless Lessons on Wealth, Greed, and Happiness
by Morgan Housel
4/5
Harriman House 256 pages September 7, 2020
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. Morgan Housel shares 19 short stories exploring the strange ways people think about money.
Jim's Review
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Jim doesn't have pockets (worm problems), but if he did, this book would teach him how to fill them wisely. Housel writes about finance the way Jim wishes everyone did — through stories, not spreadsheets. Each chapter is a standalone gem. The chapter on compounding alone is worth more than most finance books combined. Four worms, highly recommended.
