Why Smart People Make Terrible Money Decisions | Psychology of Money

Why Smart People Make Terrible Money Decisions | Psychology of Money

Most people think money is about intelligence. This book proves it’s about behavior. In this 4-minute video, we break down the key ideas from The Psychology of Money by Morgan Housel and explain why smart people still make terrible financial decisions. You’ll learn: • Why behavior matters more than knowledge • How emotions control money decisions • Why patience beats intelligence in investing • Simple money lessons most people ignore If you want to think differently about money, wealth, and happiness, this video is for you. 👍 Like the video if it helped 📌 Subscribe for more short book summaries 💬 Comment which book you want next