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Summary of The Psychology of Money: by Morgan Housel - Timeless Lessons on Wealth, Greed, and Happiness - A Comprehensive Summary
Summary of The Psychology of Money: by Morgan Housel - Timeless Lessons on Wealth, Greed, and Happiness - A Comprehensive Summary
Summary of The Psychology of Money: by Morgan Housel - Timeless Lessons on Wealth, Greed, and Happiness - A Comprehensive Summary
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Summary of The Psychology of Money: by Morgan Housel - Timeless Lessons on Wealth, Greed, and Happiness - A Comprehensive Summary

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Summary of The Psychology of Money - Timeless Lessons on Wealth, Greed, and Happiness - A Comprehensive Summary

In chapter one of the book, called “No One’s Crazy,” the author begins by talking about the crazy things that people do with money. Everyone does crazy things with their money, but the truth is that no one is crazy. Everyone has a different opinion about how money should be handled depending on what generation they came from and how they were raised. They all have their own experiences of the world, and that affects how they think money should be spent. Your experience with money only makes up about 1/100millionth of what has happened in the entire world but about 80% of what you think other people should do with their money.
Take the Depression, for example, you have no firsthand knowledge of the Depression, so how can you even try to fathom why someone who grew up during that time would refuse to own stock or would at this time discourage their grandchildren from purchasing stock? They would believe that purchasing stock is crazy.

To be continued...


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LanguageEnglish
Release dateNov 10, 2021
ISBN9791220880435
Summary of The Psychology of Money: by Morgan Housel - Timeless Lessons on Wealth, Greed, and Happiness - A Comprehensive Summary

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    Summary of The Psychology of Money - Alexander Cooper

    SUMMARY of The Psychology of Money

    by Morgan Housel - Timeless Lessons on Wealth, Greed, and Happiness - A Comprehensive Summary

    SUMMARY of The Psychology of Money

    In chapter one of the book, called No One’s Crazy, the author begins by talking about the crazy things that people do with money. Everyone does crazy things with their money, but the truth is that no one is crazy. Everyone has a different opinion about how money should be handled depending on what generation they came from and how they were raised. They all have their own experiences of the world, and that affects how they think money should be spent. Your experience with money only makes up about 1/100millionth of what has happened in the entire world but about 80% of what you think other people should do with their money.

    Take the Depression, for example, you have no firsthand knowledge of the Depression, so how can you even try to fathom why someone who grew up during that time would refuse to own stock or would at this time discourage their grandchildren from purchasing stock? They would believe that purchasing stock is crazy.

    To be continued...

    Here is a Preview of What You Will Get:

    ⁃ A Full Book Summary

    ⁃ An Analysis

    ⁃ Fun quizzes

    ⁃ Quiz Answers

    ⁃ Etc.

    Get a copy of this summary and learn about the book.

    Introduction

    Ben Business Group LLC © Copyright 2021 - Present. All rights reserved. This document is geared towards providing reliable information in regards to the topic and issue covered. The publication is sold with the idea that the publisher is not required to render accounting, officially permitted, or otherwise, qualified services. If advice is necessary, legal, or professional, a practiced individual in the profession shall be ordered.

    - From a Declaration of Principles which was accepted and approved equally by a Committee of the American Bar Association and a Committee of Publishers and Associations.

    In no way is it legal to reproduce, duplicate, or transmit any part of this document in either electronic means or in printed format. Recording of this publication is strictly prohibited and any storage of this document is not allowed

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