The Psychology of Money

Our take

Published in 2020, nineteen short stories about behaviour around money — not technique. Our take: the best money入门 for people "bad with numbers" — it doesn't teach stock-picking, only compounding, patience, the idea of "enough", and the roles of luck and risk. You'll finish understanding that doing well with money has little to do with IQ and a lot to do with behaviour.

Who it is for

For people who glaze over at investment numbers but want money concepts; also for investors who get yanked around by market mood. Not for readers seeking concrete stock strategies.

Three key ideas

1. Compounding's power comes from time, not returns: 99% of Buffett's wealth came after age 50.
2. Know what "enough" is: without it, no amount of money fills desire.
3. Luck and risk are two sides of one coin: success stories contain luck, failures contain risk — don't learn only half.

How to read it

Each story stands alone — read one a day and sit with it. The chapters on compounding, "enough" and long-term thinking deserve rereading.

FAQ