The Psychology of Money
Morgan Housel
9 people recommended it in 8 threads, 2020–2024.
What people on Hacker News said
This book is not directly related to startups, but I have read it, and it is full of timeless lessons that could apply to startups, like planning pessimistically yet dreaming optimistically, the compounding effect, and many more.
The psychology of money (https://www.amzn.com/0857197681) is a take on personal finance through the lens of history and human behavior, quite different from the usual in this genre.
There are few books that have so drastically changed my view of reality and affected my behavior.
20 short stories about money, how to think about saving vs investing, risk and leverage, time in the market vs absolute returns.
The Psychology of Money by Morgan Housel is a truly exceptional and balanced view on life/money and the emotional challenge of making and keeping money.
'The Psychology of Money' was worth the time. It is a very impactful book for anyone that has anything to do with earning & spending money. IOW, all of us.
Where it comes up
- Ask HN: What is the best book you read in 2020? 2020 · 2 recommendations
- Ask HN: What's the "best" book you've ever read? 2024 · 1 recommendation
- Ask HN: Must-Read Books for Startups? 2024 · 1 recommendation
- Ask HN: Books you read in 2023 and recommend for 2024? 2023 · 1 recommendation
- Ask HN: Which books you have read till now that were worth investing time in? 2022 · 1 recommendation
- Ask HN: Which book are you reading, since when? 2022 · 1 recommendation
- Ask HN: What book changed your life? 2022 · 1 recommendation
- Ask HN: What's the best book you read in 2021? 2021 · 1 recommendation