There are some interesting quirks about one of the top-selling personal-finance books of the past five years. “The Psychology of Money” is about investing, but it doesn’t discuss asset allocation or other nuts-and-bolts tips. Its author, Morgan Housel, had limited firsthand experience working in finance when he wrote it and no background in psychology or financial advising. Some readers have told him they vehemently disagree with his personal investing strategies, which he describes late in the book.
But probably most surprising is that every U.S. publisher passed on the book. Their loss. Since its publication in September 2020 by Harriman