Dr. Daniel Crosby - Real Meaning is Bigger Than You
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 why volunteering, and giving our time and talents to others, gives us outsized benefits in return. 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 did psychiatrist Dr. Derek Summerfield learn about the importance of treating social circumstances, as opposed to just brain chemistry, during his research in Cambodia on the psychological effects of unexploded landmines?
What did St. Francis of Assisi, Leo Tolstoy, Winston Churchill and other luminaries have to say about the importance of giving and charitable service?
What do longitudinal studies show about the mental and physical health benefits gained by those who volunteer on behalf of others?
Does volunteering make us happier, or are happy people just more likely to volunteer in the first place?
Why does our will power often diminish when we feel threatened and swell when we focus on contributing to the greater good? How does this play out in psychological research?
What does Adam Grant’s book, Give and Take, illustrate about the power of focusing on others in the context of telemarketing? How can this lesson be applied more generally to our lives and our careers?
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