The Psychology of Money
Timeless Lessons on Wealth, Greed, and Happiness
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Narrated by:
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Chris Hill
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By:
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Morgan Housel
About this listen
Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people.
Money - investing, personal finance, and business decisions - is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together.
In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money and teaches you how to make better sense of one of life’s most important topics.
©2020 Harriman House (P)2020 Harriman HouseListeners also enjoyed...
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Most Americans have not inherited wealth or a successful business that can set them up for life. That means most Americans are destined to live with financial worries and concerns for the rest of their lives, right? Wrong! With his entertaining and informative style, New York Times best-selling author, actor, and financial pundit Ben Stein refutes the current notion that the corporate system is rigged against ordinary citizens and explains how corporate stock ownership is the best system ever devised.
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underwhelming narration
- By Brandon Crow on 10-27-17
By: Ben Stein
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Tap Dancing to Work
- Warren Buffett on Practically Everything, 1966–2012: A Fortune Magazine Book
- By: Carol J. Loomis
- Narrated by: Susan Boyce, Barry Press
- Length: 17 hrs and 38 mins
- Unabridged
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When Carol Loomis first mentioned a little-known Omaha hedge-fund manager in a 1966 Fortune article, she didn’t dream that Warren Buffett would one day be considered the world’s greatest investor - nor that she and Buffett would become close personal friends. Now Loomis has collected and updated the best Buffett articles Fortune published between 1966 and 2012, including thirteen cover stories and a dozen pieces authored by Buffett himself. Loomis has provided commentary about each major article that supplies context and her own informed point of view.
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A collection of finance articles - not a biography
- By Gerardo A Dada on 08-23-13
By: Carol J. Loomis
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Prince Charming Isn’t Coming
- How Women Get Smart About Money
- By: Barbara Stanny
- Narrated by: Kim Niemi
- Length: 8 hrs and 14 mins
- Unabridged
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When this groundbreaking yet compassionate audiobook was first published, it lifted a veil on women's resistance to managing their money, revealing that many were still waiting for a prince to rescue them financially. In this revised edition, which reflects our present-day economic world, Barbara Stanny inspires listeners to take charge of their money and their lives. Filled with real-life success stories and practical advice, this audiobook is the next best thing to having one's own financial coach.
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Should be required reading for all girls.
- By J385 on 04-06-22
By: Barbara Stanny
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The Education of a Value Investor
- My Transformative Quest for Wealth, Wisdom and Enlightenment
- By: Guy Spier
- Narrated by: Malk Williams
- Length: 6 hrs and 28 mins
- Unabridged
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What happens when a young Wall Street investment banker spends a small fortune to have lunch with Warren Buffett? He becomes a real value investor. In this fascinating inside story, Guy Spier details his career from Harvard MBA to hedge fund manager. But the path was not so straightforward. Spier reveals his transformation from a Gordon Gekko wannabe, driven by greed, to a sophisticated investor who enjoys success without selling his soul to the highest bidder.
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Malk Williams does a superb job.
- By Guy Spier on 11-30-14
By: Guy Spier
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The Four Pillars of Investing
- Lessons for Building a Winning Portfolio
- By: William J. Bernstein
- Narrated by: Scott Pollak
- Length: 12 hrs and 16 mins
- Unabridged
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William Bernstein's commonsense approach to portfolio construction has served investors well during the past turbulent decade - and it's what made The Four Pillars of Investing an instant classic when it was first published nearly a decade ago. This down-to-earth book lays out in easy-to-understand prose the four essential topics that every investor must master: the relationship of risk and reward, the history of the market, the psychology of the investor and the market, and the folly of taking financial advice from investment salespeople.
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out of date
- By ubuntu_bear on 10-03-24
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The Elements of Investing
- By: Burton G Malkiel, Charles D Ellis
- Narrated by: Erik Synnestvedt
- Length: 2 hrs and 39 mins
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A disciplined approach to investing, complemented by understanding is all you need to enjoy success. This practical guide explains what you really need to know and puts you on the right course for long-term success through all kinds of markets.
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required reading if you plan to retire one day
- By Andy on 04-17-10
By: Burton G Malkiel, and others
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How to Make Your First Million
- By: Warren Ingram
- Narrated by: Adrian Galley
- Length: 5 hrs and 3 mins
- Unabridged
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Your easy-to-understand guide to financial freedom! Have you ever wondered how wealthy people actually made their first million? Here is a book that shows how various people have made their money in their own unique ways, thus allowing you to find a method that works for you so that you, too, can make your first million and gain financial freedom.
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The best book I never had
- By Amazon Customer on 07-23-17
By: Warren Ingram
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The Most Important Thing
- Uncommon Sense for The Thoughtful Investor
- By: Howard Marks
- Narrated by: John FitzGibbon
- Length: 7 hrs and 9 mins
- Unabridged
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Howard Marks, the chairman and cofounder of Oaktree Capital Management, is renowned for his insightful assessments of market opportunity and risk. After four decades spent ascending to the top of the investment management profession, he is today sought out by the world's leading value investors, and his client memos brim with insightful commentary and a time-tested, fundamental philosophy. The Most Important Thing explains the keys to successful investment and the pitfalls that can destroy capital or ruin a career.
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Five Star Book, two Star Audiobook
- By Johnny on 06-08-15
By: Howard Marks
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The One-Page Financial Plan
- A Simple Way to Be Smart About Your Money
- By: Carl Richards
- Narrated by: Carl Richards
- Length: 4 hrs and 3 mins
- Unabridged
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Overall
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Story
Whenever I tell people about my job as a financial advisor, the conversation inevitably turns to how hopeless they feel when it comes to dealing with money. More than once they've begged, "Just tell me what to do." It's no surprise that even my most successful friends feel confused or paralyzed. Even if they have a shelfful of personal finance books, they don't have time to make sense of all the information available.
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A Good and Simple Financial Book
- By Kindle Customer on 02-27-20
By: Carl Richards
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The Art of Value Investing
- Essential Strategies for Market-Beating Returns
- By: John Heins, Whitney Tilson
- Narrated by: Walter Dixon
- Length: 9 hrs and 5 mins
- Unabridged
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Whether you're a complete beginner in need of an A-to-Z value investing primer, an experienced investor looking to expand and fine-tune your repertoire of value investing skills, or an individual or institutional investor looking to identify the best money managers, this audiobook is for you. Authors John Heins and Whitney Tilson have brought together the collective wisdom of today's most successful value investors and distilled it into a series of actionable lessons you can put into practice right away.
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Collection of quotations with no narrative
- By busyfamilymom on 02-05-15
By: John Heins, and others
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Hedgehogging
- By: Barton Biggs
- Narrated by: William Dufris
- Length: 3 hrs and 31 mins
- Abridged
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Rare is the opportunity to chat with a legendary figure and hear the unvarnished truth about what really goes on behind the scenes. Step inside the world of Wall Street with Barton Biggs as he discusses investing in general, hedge funds in particular, and how he has learned to find and profit from the best moneymaking opportunities in an eat-what-you-kill, cutthroat investment world.
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HedgeHotDogging
- By Bob on 10-01-06
By: Barton Biggs
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I don't understand these other reviews
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A doctor’s powerful and deeply human memoir about the mysteries of the brain and his 40-year quest to find a treatment for multiple sclerosis.
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His drug has not cured MS
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Women Money Power
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In Women Money Power, business journalist Josie Cox tells the story of women’s fight for freedom and economic equality. This is an inspirational account of brave pioneers who took on social mores and the law, including the “Rosies,” who filled industrial jobs and helped win World War II, the heiress whose fortune helped create the birth control pill, the brassy banker who broke into the boys’ club of the New York Stock Exchange, and the namesake of landmark equal-pay legislation who refused to accept discrimination.
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Great reporting
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What listeners say about The Psychology of Money
Average customer ratingsReviews - Please select the tabs below to change the source of reviews.
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- Anonymous User
- 06-22-21
Great recommend
I liked how he made the book sound simple and the actions not so hard to implement. I have it a four stars because I don’t fully agree with some of the initial things the author spoke about. But who knows you might. There’s nothing wrong with the book and it is a great listen. The reader made it very enjoyable to listen to. I’d recommend this book to someone trying to reach financial freedom but they’re somewhere between starting off and the end point.
Good luck listeners and readers
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6 people found this helpful
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- Nadiya
- 01-20-21
Very informative book
I recommend this book to everyone who already is investing or planning to start investing into stocks. A lot of great info and tips.
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3 people found this helpful
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- VFelix
- 06-25-21
Mindful saving and investing
Sound counseling on money to help you sleep at night by thinking rationally about building wealth.
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3 people found this helpful
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- Bogdan V.
- 06-25-21
very nice
worth the money. you will learn something from it for sure. the narrator is also good, has a peaceful tone of voice.
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3 people found this helpful
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- Juan
- 07-28-23
Overall great book
Overall this book was great on the ideals of money and classism’s. It was a bit dry at times though the narrator did a great job. You have to be in the mindset for this or it will be boring.
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3 people found this helpful
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- Amazon Customer
- 10-03-21
Must read book about money and investing
Morgan Housel hit it out of the park with this book! Everyone should read this book to help their understanding of money and the best approach to investing to reach their own lifestyle goals.
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3 people found this helpful
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- @jonb4431
- 01-24-21
Great insight
I read and listen to a ton of books, this is one of my favorites. Its not overly complex yet deep in insight. Rather a novice or seasoned investor this is worth your time. It’d honestly be great for anyone managing a household budget as no investment knowledge or experience will be needed to comprehend this.
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- Dave
- 01-19-21
awesome read.
He went behind the usual stuff that every money book talks about. I definitely got some insights out of it.
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1 person found this helpful
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- Amazon Customer
- 10-13-20
Same message as the blogpost, more detailed
This is an expansion of the blogpost published in 2018, which I loved.
While the message is the same, to me the extra details and stories are worth it.
The Narrator is pretty good as well.
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Overall
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Performance
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Story
- Thomas Enright
- 03-24-21
Incredible
Incredible book that everyone should read. It's really amazing how it breaks down concepts so simply.
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