"The Psychology of Money" Author: [US] Morgan Housel Publisher: Democracy and Construction Press

With over 4 million copies sold worldwide, it is No.1 in the financial category on Amazon US and its 53 language versions are popular all over the world!

Your relationship with money determines the distance between wealth and you!

In the ever-changing field of investment and financial management, we will help you find the eternal truth about wealth.

The "Navarre Codex" is more suitable for ordinary office workers.

Recommended by Qian Jing, professor of management psychology at Beijing Normal University and science writer Wan Weigang.

◎ Editor's Recommendation

How can you accumulate huge wealth by doing ordinary work all your life?

Compared with high-risk investments, how can low-yield financial management have the last laugh?

When the year is not good, how can we achieve financial freedom in a sustainable and steady manner?

In the ever-changing field of investment and financial management, we will help you find the eternal truth about wealth.

☆ A best-selling financial book that has swept all major media and charts, with 53 language versions selling well around the world!

Over 3 million copies sold worldwide! No. 1 in Amazon Wealth Management in the United States, and was called "the best and most original financial management book in recent years" by the Wall Street Journal. Nasdaq's official website "Top Ten Investment Books of 2022", recommended by dozens of media such as Forbes, The New York Times, CNN, Bloomberg, etc., and No. 2 in the global independent bookstore personal finance bestseller list in 2021 and 2022.

☆ Sincerely recommended by famous authors, Chinese edition eagerly awaited by thousands of readers in China

Recommended by Qian Jing, professor of management psychology at Beijing Normal University, Wan Weigang, author of "Get", Daniel Pink, author of "Drive", James Clear, author of "Control Habit", Annie Duke, author of "Bet Against Money", and Howard Marks of Oaktree Capital. More than 3,000 people on Douban marked the original English version as something they wanted to read, with a score of more than 8 points.

☆ More universal than "The Poor Charlie's Almanack" and "Navarre's Almanack", a simple guide to happy financial management

20 lessons on financial management mentality, with vivid stories, concise content and profound truths. They can bridge the gap in professional knowledge in financial management and allow office workers to easily embrace financial freedom.

Help you do the following: grasp the law of growth when surrounded by complex theories; guard against human weaknesses when prompted by psychological instincts; see the long-term trend amid fluctuations and the unknown.

☆ Revealing the counter-intuitive principles of wealth accumulation and revealing the secrets that even famous financial schools don’t teach

◆ The most difficult financial management skill is to know when to stop pursuing profits.

◆ Successful investing does not require you to make every decision right. You just need to stick to not messing things up.

◆ Even if you make mistakes half the time, you will still win in the end.

◆ Wealth security is more important than huge returns. As long as your wealth is safe, compound interest will give you huge returns.

◆ Time freedom is the greatest bonus that wealth can bring us.

◆ In most cases, making reasonable decisions is better than pursuing absolute rationality.

◆ ……

☆ No matter what your financial management level is, this book can give you some enlightenment

It would be great if you could read this book when you first start managing your finances! It helps financial novices achieve financial freedom faster, helps investment veterans protect their wealth for a long time, and gives young people financial education as early as possible.

☆ When the funds are all in the red and the stock market keeps falling, this book tells you how to stay stable and how to win!

◎ Introduction

People always regard investment and financial management as a hard science, but ignore the important role of psychological factors. In fact, financial management behavior does not rely solely on cold numbers and formulas. It is often affected by your emotions, preferences, positions and many unexpected factors. Therefore, the key to getting rich and keeping rich does not lie in how much knowledge you know or how many rules you have summarized, but often lies in how to overcome human weaknesses and recognize the essence of how things work.

Morgan Hauser starts from a psychological perspective and shares 18 incisive financial wisdoms in this book. If you are a financial novice, you will receive a simple and concise financial lesson that will benefit you for a lifetime, and achieve financial freedom one step ahead of others. If you are an investment veteran, this book will also help you find out the gaps, return to the basics, and protect your hard-earned wealth. In the ever-changing field of investment and financial management, some truths remain unchanged and can help you achieve stable growth of wealth at any time. Only by discovering and grasping them can you achieve long-term wealth and happiness in the fluctuating economic situation.

◎ Celebrity recommendation

Hauser likes to explore the laws of history and can examine things in the context of history and the times. He will cut in from a grand perspective, analyze some macro things through data, and then explore the impact of macro trends on individuals. This book may give you a more fundamental understanding of investment and financial management.

—Wan Weigang, science writer

Our relationship with money is actually our relationship with ourselves. If the relationship with money is not twisted, then making money, saving money and spending money are actually a comfortable extension of ourselves. This book helps us understand the psychological weaknesses and misconceptions of human beings when facing money, and inspires us to develop a money concept that suits us. Whether we understand complex investment techniques or not, as long as we keep ourselves stable, stretch the battle line, leave room for error, guard against human weaknesses, manage our finances in a way that allows us to sleep soundly, and develop a lasting and healthy relationship with money, we will have the gift of time.

——Qian Jing, professor and doctoral supervisor of management psychology at Beijing Normal University

The best and most original book on money management in recent years.

—The Wall Street Journal

Few people can explain the principles of wealth with the clarity and beauty of Morgan Hauser.

—Daniel Pink, bestselling author of Drive

This book achieves two things at once: it tells a truth that has never been told before, and it really makes sense.

—Howard Marks, founder of Oaktree Capital Management

Full of insights, everyone should have a copy.

—James Clear, author of Atomic Habits

Few personal finance books include a movie on the agenda like this one.

--Bloomberg

One of the best and most original books on money management in recent years.

—The Wall Street Journal

Hauser is that rare author who can convey complex concepts in a gripping, accessible way.

—Annie Duke, author of Thinking in Bets