The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness
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The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness Audible Audiobook – Unabridged

4.6 out of 5 stars 24,157 ratings

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Product details

Listening Length 5 hours and 48 minutes
Author Morgan Housel
Narrator Chris Hill
Audible.in Release Date 08 September 2020
Publisher Harriman House
Program Type Audiobook
Version Unabridged
Language English
ASIN B08D9VV926
Best Sellers Rank #2 in Audible Books & Originals (See Top 100 in Audible Books & Originals)
#1 in Money Management
#1 in Investing & Trading
#5 in Analysis & Strategy

Customer reviews

4.6 out of 5 stars
4.6 out of 5
24,157 global ratings

Top reviews from India

Reviewed in India on 29 September 2020
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5.0 out of 5 stars world is actually big and we are just a blip in it
By MCube_slade on 29 September 2020
See guys this book is for those who have had a lot of Thier skin in the game of stock market and thought of creating wealth from it.
First level of investor is the one who knows money can be made in the mkt, but doesn't know how and starts to trade without any knowledge.
Second level investor have made profit or loss on his capital and starts to find out where did he has gone wrong and starts learning about some basic concepts such as PE ratio.
Third level of investor starts finding value in whatever the scrip he has been following and starts finding justification that it is costly or cheap and buy or sell them.
Fourth level investor follows and checks if the price have gone up or not very often and loses faith if it doesn't go up after he bought it, and if price doesn't go up he sells it and looks for another one.in a short span of months. Again goes back to drawing board and finds what went wrong.

Then come the whole talk of buffetology and starts to find companies like that and invest in them if he felt that it was cheap.

But everyone forgets that buffet is buffet because of his principles and patience which helped him in compounding for very long time such as 70-80 years which very few do it. That's when actually psychology matters and thats what Morgan tries to tell us in this book that more that analysis of the scrip, conviction that you calculated and the patience to hold it at least for several decades remains intact only then the wealth would be created or else you would be just a person among a crowd doing nothing but ordinary things in life. And explains that the world is actually big and we are just a blip in it. It gives us all a great humility and convinces us to be humble and show gratitude to others.
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423 people found this helpful
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Reviewed in India on 22 September 2020
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430 people found this helpful
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Reviewed in India on 20 September 2020
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200 people found this helpful
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Reviewed in India on 17 October 2020
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41 people found this helpful
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Reviewed in India on 2 October 2020
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1.0 out of 5 stars It's Not a Book Review.....Its'a Quality of Printing Issue with the Book I received
By Raj on 2 October 2020
As you can see the photos the book has not been Printed Properly, the Book is Sort of Torn in the Middle..Not Happy with Book copy.....Book Review I will update later after Reading
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32 people found this helpful
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Reviewed in India on 25 May 2021
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1.0 out of 5 stars Don’t fall for price
By Amit singla on 25 May 2021
Look at the printing quality. Paper is also not at all good. Don’t fall for the cheap price. You will waste your time and money.
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27 people found this helpful
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Reviewed in India on 25 November 2020
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13 people found this helpful
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Reviewed in India on 19 December 2020
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1.0 out of 5 stars Recieved a pirated copy with no invoice
By bmathe on 19 December 2020
Opened the book and the kerosene smell was unbearable. Looked for the invoice but it was not in the packet!. Pathetic quality paper and printing refer the attached images. The seller of the book was PrathamVir Book Store. Returned the Book.
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15 people found this helpful
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Top reviews from other countries

Raissouni
5.0 out of 5 stars I wish if I have read this book 20 years ago!!
Reviewed in the United Kingdom on 11 December 2020
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75 people found this helpful
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L. Ryan
1.0 out of 5 stars Written just for men!
Reviewed in the United Kingdom on 9 December 2020
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73 people found this helpful
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Okenna
4.0 out of 5 stars An instant favourite
Reviewed in the United Kingdom on 22 December 2020
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21 people found this helpful
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Striver
5.0 out of 5 stars On the Ball
Reviewed in the United Kingdom on 26 September 2020
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5.0 out of 5 stars On the Ball
Reviewed in the United Kingdom on 26 September 2020
Housel is on the ball with this book. Worth re-reading a few times .
Favorite concept:
"Every bit of savings is like taking a point in the future that would have been owned by someone else and giving it back to yourself" - That's priceless advice from Morgan.
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19 people found this helpful
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Amazon Customer
5.0 out of 5 stars Short and sweet
Reviewed in the United Kingdom on 5 July 2021
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11 people found this helpful
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