Dr. Daniel Crosby - Not Caring What Others Think is a Valuable Asset (from The Soul of Wealth)

This week on Standard Deviations, Dr. Daniel Crosby offers another sneak preview of an essay from his upcoming book, The Soul of Wealth. Educated at Brigham Young and Emory Universities, Dr. Daniel Crosby is a psychologist and behavioral finance expert who helps organizations understand the intersection of mind and markets. Dr. Crosby's first book, Personal Benchmark: Integrating Behavioral Finance and Investment Management, was a New York Times bestseller. His second book, The Laws of Wealth, was named the best investment book of 2017 by the Axiom Business Book Awards and has been translated into Japanese, Chinese, Vietnamese and German. His latest work, The Behavioral Investor, is an in-depth look at how sociology, psychology and neurology all impact investment decision-making. Daniel was named one of the “12 Thinkers to Watch” by Monster.com, a “Financial Blogger You Should Be Reading” by AARP and a member of InvestmentNews prestigious "40 Under 40". When he is not consulting around market psychology, Daniel enjoys independent films, fanatically following St. Louis Cardinals baseball, and spending time with his wife and three children.

Tune in to hear:

  • What were some of Nikola Tesla’s eccentricities?

  • What is “The Spotlight Effect” that Morgan Housel observed when working as a valet at a high-end hotel in Los Angeles?

  • What is Morgan Housel’s “Man in the Car Paradox” and what lessons can be learned from it?

  • What is the psychological principle “The Anchoring Effect?”

  • Why does ego driven spending do so little to sate our desire to belong?

  • How social media may be playing a role in the loneliness epidemic.

Links

Connect with Us

Compliance Code: 0317-OAS-2/12/2024

Disclosure(s)

Orion Portfolio Solutions, LLC, an Orion Company, is a registered investment advisor.