The Psychology of Money 돈의 심리학 : Timeless Lessons on Wealth, Greed, and Happiness by Housel Morgan
" 企業経営者のコーチングで成功しているアメリカ人の友人に薦められて読んだ。 人生のステージで言えば、Harvesting に入りつつある私としては、今後の投資戦略や、生活スタイルを考える上で大変共感を覚える本だった。 kindleで読めば、単語も直ぐひけるので、日本人の私にも楽に読める平易な英語使いの本でもあった...." " If you’re looking to learn more about finances this is a great book to add to your library. It provides a unique perspective towards to understanding how the financial world works and how psychology plays a huge factor in this realm. Furthermore it indirectly helps to (re)build self-confidence towards how one looks and “feels” about their financial situation (past, present and future).The author does an eloquent job to present the material in a way that make it easy to digest and apply what they read......"
본문에서
- .... financial success is not a hard science. It's a soft skill, where how you behave is more important than what you know. I call this soft skill the psychology of money. The aim of this book is to use short stories to convince you that soft skills are more important than the technical side of money.
- The premise of this book is that doing well with money has a little to do with how smart you are and a lot to do with how you behave. And behavior is hard to teach, even to really smart people...
- ..... one of my deeply held investing beliefs is that there is little correlation between investment effort and investment results .....
- True success is existing some rat race to modulate one's activities for peace of mind ....
- (Doctors) don't die like the rest of us ... what's unusual about them is not how much treatment they get compared to most Americans, but how little ...... they tend to be fairly serenewhen faced with death themselves ....
- Manage your money in a way that helps you sleep at night. If you want to do better as an investor, the single most powerful thing you can do is increase your time zone. Become OK with a lot of things going wrong. You can be wrong half the time and still make a fortune. Go out of your way to find humility when things are going right and forgiveness/ compassion when they go wrong. Less ego, more welath.
- The more you want something to be true, the more likely you are to believe a story that overestimates the odds of it being true.
- .... stories are, by far, the most powerful force in the economy ...
- Stephen Hawking .... "My expectations were reduced to zero when I was 21. Everything since then has been a bonus,"
- John Stuart Mill wrote in the 1840s :"I have observed that not the man who hopes when others despair, but the man who despairs when others hope, is admired by a large class of persons as a sage."
- Gilbert's research shows people from age 18 to 68 underestimate how much they will change in the future ...
- Not that we should use past surprises as a guide to future boundaries ; that we should use past surprises as an admission that we have no idea what might happen next ....
- Having more control over your time and opinions is becoming one of the most valuable currencies in the world.
- The first idea - simple, but easy to overlook - is that building wealth hs little to do with your income or investment returns, and lots to do with your savings rate.
- We should be careful to define the difference wealthy and rich...... Rich is a current income ..... But wealth is hidden. iIt's income not spent ....
- If I had to summarize money success in a single word it would be "survival."
- There is no reason to risk what you have and need for what you don't have and don't need.
- focus less on specific individuals and case studies and more on broad patterns.
- Lucj and risk are both the reality that every outcome in life is guided by forces other than individual effort ..... The accidental impact of actions outside of your control can be more consequential than the ones you consciously take.... If you give luck and risk their proper respect, you realize that when judging people's financial success - both your own and other's - it's never as good or as bad as it seems.
- ... "Our findings suggest that individual investors' willingness to bear ris depends on personal history." Not intelligence, or education, or sophistication. Just the dumb luck of when and where you were born.
-We see the world through a different lens. We all think we know how the world works. But we've all only experienced a tiny silver of it.
- Voltaire's observation that "History never repeats itsef ; man always does." It applies so well to how we behave with money.....
