The Psychology of Money

I enjoyed this conversation between Morgan Housel and Trey Lockerbie. There are valuable tidbits in here that relate to Morgan's book,"The Psychology of Money". One of my favorite books explores how our attitudes, behaviors, and emotions influence our financial decisions. Housel argues that understanding our psychology is more important than understanding finance when it comes to making smart money decisions. The book discusses various topics, including the power of compounding, the importance of saving and investing, and the role of luck in our financial success. Housel also emphasizes the importance of humility and self-awareness when it comes to managing money.

By Scott Clark
Chairman & CEO