The Psychology Of Money by Morgan Housel - Essential for DEVELOPING INVESTING SOFT SKILLS

I just really enjoyed the book: The Psychology of Money by Morgan Housel

The book focuses on developing the soft skills which are essential when it comes to investing. How to make a valuation or how to read a balance sheet are irrelevant skills if you don't know how to manage:

YOUR INCOME

YOUR SAVINGS

YOUR ACTIONS WHEN THINGS GET ROUGH

YOUR GOALS

HOW YOUR EXPERIENCE IMPACTS YOUR DECISION MAKING

YOUR EGO

NOT FALLING INTO THE PESSIMISM TRAP WHEN MARKETS CRASH

NOT BELIEVING FAIRY TALES.

Enjoy my video summary: THE PSYCHOLOGY OF MONEY BOOK SUMMARY BY SVEN CARLIN.


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