Today’s show is aimed at helping you become a better investor, entrepreneur, or business person with the help of the wealth lessons in Morgan Housel’s book, The Psychology of Money.
Rather than property or finance strategies, Housel’s book is about the principles of behavioural finance.
Understanding the effects of psychology on investors and financial markets can give you important insights and help you overcome the biases that are holding you back.
Listen in as Mark Creedon and I explore quotes from Housel’s book and explain why investors sometimes seem to make bad decisions or work against themselves, and how you can avoid falling into these pitfalls. We’ll cover each chapter over two episodes of the Michael Yardney Podcast
Insights from The Psychology of Money
Wealth is more than just assets, and staying wealthy is not the same thing as getting wealthy and requires its own set of skills.
Overall, the message of The Psychology of Money is that your behavior, and the psychology behind …