Morgan Housel
27 may 2023
This book gives a fresh perspective to an overwritten topic.
This "business" book translates economics from econs (rational people to real people. It humanizes the market, and gives interesting insights to this complex subject.
History never repeats itself. Man always does.
Your personal experience with money represents 0.00000001% of what has happened in the world, but it represents 80% of how you relate to money.
It's not about being rational, but being reasonable.
It's not about getting the most efficient results according to the market, it's about being able to sleep at night.
Financial freedom is not about having more money, but about understanding not to move the goal as you move closer.
In general I would definitely recommend this book to anyone. It is easy to read, it gives pragmatical and punctual actions to improve your relationship with money. Also it uses overall absorbing stories to simplify the concepts.