This video clip was motivated by Morgan Housel’s incredible publication “The Psychology of Money”
I hope this short video motivates you to place down your phone (and social networks) for a couple of hours and head out and grab a copy of this book on your own.
Look Into Morgan Housel’s book right here
The Psychology of Money https://amzn.to/3ZdJQq1
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What is The Psychology of Money about?
You might consider money as simply numbers, spreadsheets, mathematics or a formula that needs to be fixed, yet the genuine monetary decisions are made away much from calculators, around table – with ego, satisfaction, worry and individual history.
Truth nature of cash is the dance between the cool arithmetic of a spread sheet and human nature.
When it involves cash we are difficult creatures and economic success is not a lot concerning just how much you understand however just how you act.
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Mind Trap decks.
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( TIMESTAMPS).
( 00:00) Financial DNA (You aren’t Crazy).
( 02:51) Compound Kings (Buffett’s filthy little trick).
( 05:56) Pessimism & Money.
( 07:40) Two Forgotten Elements (A story).
( 10:18) The Key to Happiness.
( 11:21) Tail Events.
( 15:02) Beyond Bling (True Wealth VS Being Rich).
( 16:30) The Real Price.
( 19:13) Hedonic Treadmills (enough?).
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