“The Psychology of Money” is a TED talk by Morgan Housel, a financial writer and investor who has written extensively on the topics of personal finance and investing. In his talk, Housel discusses the role of psychology in money management and explores how our emotions and biases can affect our financial decisions.
Housel argues that the most important factor in successful investing is not technical knowledge or skill, but rather the ability to manage one’s emotions and make rational decisions. He notes that many people struggle with their finances not because they lack knowledge, but because they fall prey to common psychological biases such as overconfidence, recency bias, and loss aversion.
