The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness - By Morgan Housel

Date Finished: 9th February 2021 How strongly I recommend it: 10/10

A must read for personal investing! As it’s said, “Your behavior of investing is much more important than the amount you invest,” this book highlights the different pitfalls of investing. It helps us identify many of the wrong mental blueprints we might have and suggests improvements in a language easy to understand.

Details and review: Amazon Page

My Notes:

The hardest financial skill is getting the goalpost to stop moving.

“Enough” is not too little. The idea of having “enough” might look like conservatism, leaving opportunity and potential on the table. I don’t think that’s right. “Enough” is realizing that the opposite—an insatiable appetite for more—will push you to the point of regret.

There are many things never worth risking, no matter the potential gain.

The ability to stick around for a long time, without wiping out or being forced to give up, is what makes the biggest difference. This should be the cornerstone of your strategy, whether it’s in investing or your career or a business you own.

How to read more Books?

Developing the habit of reading books is something that all of us want. If you are someone who doesn’t read much, then I’m sure you feel that there is this huge imaginary barrier that is stopping us from pushing ourselves to read. It goes like, “I don’t have much time” or “I don’t need to read” or “I’ve tried but it’s impossible.”

A year ago, I was just like this. I could give you thousands of reasons why reading and I are poles apart. But, as a complete lockdown was introduced in March 2020 in my country India, my chock-a-block bookshelf (which I now pass by more frequently) started making me feel more guilty for buying these books and just keeping them as a showpiece. This made me venture on building the habit of reading books.

In this article, I’ll be sharing 10 Tips on how to read more books. I personally practice all of these and it has produced wonderful results. So, at least it works for me and I’m sure many of these tips will be helpful for you too.

This article is for you if you want to inculcate the habit of reading regularly or are already...