Have you ever wondered why some of the wealthiest people still feel financially insecure? In Chapter 3 of “The Psychology of Money,” Morgan Housel unravels this paradox through the compelling story of Rajat Gupta, a man who rose from orphan to Goldman Sachs CEO, yet still wanted more. Despite amassing a $100 million fortune, Gupta […]
We often attribute financial success purely to hard work and skill. However, this is not what Morgan Housel in Chapter 2 of “The Psychology of Money,” mentioned the financial success factors as he challenges this notion by exploring how luck and risk play crucial roles in our financial outcomes. Let’s dive into these enlightening insights
Image: Cover of “The Psychology of Money” by Morgan Housel Introduction to “The Psychology of Money” “The Psychology of Money” by Morgan Housel has become a bestseller in the world of finance and investing. Its intriguing subtitle, “Timeless Lessons on Wealth, Greed, and Happiness,” raises an important question: How can wealth, greed, and happiness coexist?
