The Psychology of Money Book Summary

The Psychology of Money: Quotes

Book by Morgan Housel

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Summary

The Psychology of Money is a fascinating look at the strange ways people think about money and teaches you how to make better sense of one of life's most important topics. Doing well with money isn't necessarily about what you know; it's about how you behave, and behavior is hard to teach, even to really smart people.

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These are the best quotes from The Psychology of Money by Morgan Housel. If you want to read a full summary of this book for free, click here.

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What People Really Want

"You might think you want an expensive car, a fancy watch, and a huge house. But I'm telling you, you don't. What you want is respect and admiration from other people, and you think having expensive stuff will bring it. It almost never does."

Section: 1, Chapter: 8

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What Wealth Is

"Wealth is the nice cars not purchased, the diamonds not bought, the watches not worn."

Section: 1, Chapter: 9

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The World is Surprising

β€œThe correct lesson to learn from surprises is that the world is surprising.”

Section: 1, Chapter: 12

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