I read Morgan Housel’s work on the Collaborative Fund blog. I discovered him through the Three Longs and Three Shorts newsletter from Marcellus Investment.
I recently listened to a podcast episode of The Tim Ferriss Show with Morgan Housel. This made me read his book. Housel believes that personal finance is unique to each individual and that not everyone prioritizes maximizing investment returns. He prefers to have money in the bank and a house without a mortgage, even though these choices may not seem financially optimal. According to Housel, personal finance is more like psychology and history than precise engineering.
I think this B C Marx video on YouTube does a much better job at summarizing the book than I can:
Parallel Spirals 