Dr. Daniel Crosby - Write Your Story

This year on Standard Deviations, we are going to try something a little different. We will be running the episodes weekly now, there will be no guests, each episode will disappear a week after it publishes and we are really going to focus on meaning this season. In this episode, Dr. Daniel Crosby looks at the importance of storytelling. In particular, he illustrates how our internal narrative is integral to how we make sense of our lives and how we create meaning. In closing, Dr. Crosby shows us some exercises that can help us overcome detrimental self-speak and turn our self narrative into a force for personal growth. 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 does Swiss-born British author Alain de Botton have to say about Macbeth’s cynical soliloquy on the brevity and meaningless of life? Why does he state that despair and hope are two sides of the same coin?

  • How does storytelling make a truth durable in our minds by linking an idea to an ego?

  • Why is our internal dialogue one of the most important stories that we tell? How can we go about making it a more productive dialogue and less self-depricating?

  • How can Albert Ellis’ “ABC Model” help us counteract irrational thoughts and cognitive distortions?

  • What is an exercise you can work through to help correct detrimental self-speak? 

  • What is The Significant Objects Project and what can it teach us about the importance of narrative as it relates to valuation?

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Daniel Crosby