The Psychology of Money cover

The Psychology of Money

Morgan Housel
3.5 · 1 rating
1 reader · 4 hours read
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The more the Internet exposes people to new points of view, the angrier people get that different views exist.
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Charlie Munger says the first rule of compounding is to never interrupt it unnecessarily.
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More importantly, the value of wealth is relative to what you need.
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Money’s greatest intrinsic value—and this can’t be overstated—is its ability to give you control over your time.
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Be careful who you praise and admire. Be careful who you look down upon and wish to avoid becoming.
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What readers say

M

Easy read with interesting, simple takeaways. Nothing mind blowing, but I think that’s the point. Good starting point for establishing basics of good financial management in the long run without telling you what to do, as each persons financial needs are different.

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