Dr. Daniel Crosby - Wanting Well

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 René Girard’s Mimetic Theory and how understanding its implications can help us forge a path to creating “thick meaning” in our lives. 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 is “manufactured desire” and what sinister role does it often play in contemporary life?

  • Why is our tendency to let others’ influence our decisions a dramatic outlier from much of the Animal Kingdom?

  • What is French Theorist René Girard’s Mimetic Theory and why can understanding it help inform the ways in which we make important decisions?

  • Luke Burgis, one of Girard’s disciples, categorizes desires as either thin or thick. What distinguishes the two types of desire and why is this delineation so important?

  • What are a series of questions you can ask yourself to parse whether the desire in question is thin or thick?

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Daniel Crosby