Morgan Housel

Financial decisions get made at kitchen tables in a state of low-grade panic rather than in spreadsheets, and The Psychology of Money is built almost entirely on that observation. Housel writes in short standalone chapters, each one an argument with a story bolted to it.

He wrote columns for The Motley Fool and then The Wall Street Journal, and is now a partner at Collaborative Fund. His advice is unfashionably plain: saving beats returns, a handful of outcomes drive everything, and staying in the game matters more than being right. Same As Ever came later, on the things that never change.