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Morgan Housel: “The biggest economic risk is what no-one is talking about”

Cover of  by Morgan  Housel

Morgan Housel’s highly anticipated new book, The Psychology of Money, opens with a quote from Arthur Conan Doyle’s Sherlock Holmes: “The world is full of obvious things which nobody by any chance ever observes.”

It is a fitting introduction to a work from the Sherlock Holmes of financial writing.

Like the famous fictional detective, Housel – a partner at US-headquartered venture capital firm Collaborative Fund – observes seemingly obvious things about human behaviour. Just in his case, he applies these observations to solving mysteries about investing, not crimes.

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