The Psychology of Money
Korean Title: 돈의 심리학
Author: Morgan Housel
Publisher: Influential Book
ISBN: 9791191056372
Hardcover | 408 pages | 140 * 210 mm | 571g
| Important! Please read before you order! |
| >>>This book is written in Korean. |
About This Book
This is the first book by Morgan Housel, a columnist who spent over a decade writing about finance and investing at The Wall Street Journal and who currently serves as a partner at Collaborative Fund. Upon publication, it immediately ranked No. 1 in the investing category on Amazon and received widespread acclaim from individual investors and professional consultants alike, earning its reputation as Amazon’s Best Finance Book of 2020.
The Psychology of Money is composed of 20 stories. Living up to Housel’s reputation as a master storyteller – a financial writer with a novelist’s touch – these investment stories are deeply engaging. Each is grounded in real events and empirical evidence, while seamlessly delivering both narrative appeal and timeless investment lessons.
From the story of German tank divisions during World War II, Bill Gates’s reflections on founding Microsoft, an unforgettable Ferrari episode from Housel’s days as a valet parking attendant in Los Angeles, to the secret behind Warren Buffett’s extraordinary returns, the book unfolds a wide range of compelling anecdotes that instantly captivate readers. Every story concludes with a striking insight, reinforcing the idea that wealth has little to do with education, intelligence, or effort alone. Instead, it is closely tied to human bias and behavior toward money – in other words, the psychology of money.
To celebrate surpassing 300,000 copies sold in Korea, a special edition was released featuring a newly written bonus story by Morgan Housel. Reflecting on lessons he gained two years after the book’s original publication, Housel shares new insights into the nature of wealth. No matter how much the world changes, the power of The Psychology of Money remains undiminished – precisely why investment professionals around the world continue to recommend it as a modern classic of financial literature.
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