Skip to main content

Posts

Showing posts from June, 2022

Is it a mind game?

  The Psychology of Money  Stories are a powerful medium to convey a complicated message and have a lasting impact on audience. In this blog I am going to discuss and talk about one such book "The Psychology of Money" by Morgan Housel which is published by JAICO Books in 2020. The book has caught the mind and attention of readers, academics and practitioner across the globe from different fields and when you complete the book, you know that it has done rightly so. The book is divided into 20 small chapters with catchy headlines and each chapter has few small stories/anecdotes to draw attention to the main point of the readers. The first 18 chapters draw the 18 biases and flaws in individuals while dealing with money and personal finances. The chapters are individual reads, hence can be read wherever ones willing, may be from 20 th to 1 st . 😊 The author introduces that the financial outcomes are not only driven by luck, independent of intelligence and effort which is on