A prospective computer science student living in the American North East. New blog posts every weekend

The Psychology of Money (review)

2024-01-19 psychology finance
10/10 This book by Morgan Houssel is an instant classic. It goes over many of the personal finance trends we’ve seen in the last few decades. Not only he explains what they are, he talks about why they happen, and what should be the lesson of these phenomena. For example: he describes how people follow financial forcasters because thinking that someone knows the answer is simply more comforting than awknowledging the truth that no one knows for sure. Continue reading