The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel
The Psychology of Money by Morgan Housel delves into the behavioral aspects of financial decision-making. Through engaging narratives and thoughtful analysis, Housel reveals how psychological factors and personal experiences influence our relationship with money. The book offers practical insights into managing wealth, understanding financial risks, and achieving lasting happiness, emphasizing that financial success is as much about mindset and behavior as it is about strategy.
The Intelligent Investor: The Definitive Book on Value Investing by Benjamin Graham
The Intelligent Investor by Benjamin Graham is a classic text on value investing and financial strategy. Graham, known as the father of value investing, provides timeless advice on investment principles, risk management, and market behavior. The book emphasizes a disciplined approach to investing, focusing on long-term value rather than short-term speculation. With its foundational concepts and practical guidance, this book remains essential reading for investors seeking to build and preserve wealth.