The Psychology of Money in 14 minutes (detailed summary)

Detailed summary of The Psychology of Money by Morgan Housel. This is probably my favorite book on general finance because it provides so much actionable, holistic insights on the topic of money that are likely relevant to a vast majority of people, and the issues to focuses on (not just money but how psychology influences your relationship with money) is a pretty unique take that I haven't found in too many other books. ** TIMESTAMPS ** 0:00 Warren Buffett's secret sauce 3:47 How to find balance 4:44 Admissions fees 6:16 Financial vegetables 7:32 Only emergencies make the news 9:27 Financial empathy 10:50 The power of luck 12:32 Get off the hedonic treadmill Thanks for watching! Please like and subscribe to support the channel :)