Morgan Housel is appointment reading. His blog posts, Twitter musing, and The Psychology of Money reveal simple but powerful truths about investing and personal finance. This book’s format, 20 short chapters full of accessible narrative, reflects his “simple, but powerful” perspective that success with money has as much to do with your behavior as it does with your smarts. Recognizing that behavior can be deeply entrenched in our psyche, Housel approaches an otherwise dry subject matter with very entertaining stories that I imagine his readers will be able to remember when faced with similar financial situations. Sure, the technical elements of sound financial planning are important, but this book is a master’s class in the behavioral component that also towers in consequence over your goal of financial success.
