{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2Fdbd5f927-6d69-4dd8-bf93-f8619b68eecd","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"","title":"The Behavioral Investor: How Our Minds and Emotions Can Ruin Our Investment Portfolios with Dr. Daniel Crosby","description":"Welcome to the season four finale of Don\u2019t Retire... Graduate! We\u2019ve had amazing guests this season and couldn\u2019t be more excited to finish with today\u2019s guest. Dr. Daniel Crosby is a psychologist and behavioral finance expert who helps organizations understand the intersection of mind and markets and explores the way our brains affect our choices when it comes to money. He is here to talk about the way mental biases can affect our decision making and make us uniquely stupid when it comes to money (his words, not ours).\u00a0\n In this episode we\u2019ll talk about: \u2022Behavioral finance and looking at the role psychology plays in our financial lives\u00a0 \u2022How people are uniquely stupid when it comes to money and how the brain reacts when thinking about money \u2022The biases we all can fall victim to that can negatively affect our investments\u00a0 \u2022Decision making styles applied to money versus everywhere else in our lives \u2022The performance of Amazon stock over the past twenty years \u2022Day trading and how active investors tend to underperform\u00a0 \u2022Action bias, confirmation bias, investing alongside your political party, investing alongside your morals, loss aversion, the house money effect, and mental accounting and how they all affect our financial choices\u00a0 \u2022The value of a financial advisor versus doing it yourself\u00a0 \u2022Results of studies on financial advising, including investors working with advisors accumulating far more wealth than those without advisors\u00a0 \u2022The meaning of the term fiduciary and how it applies to finance and psychology\u00a0 \u2022Giving up on dreams of professional sports careers \u2022Positive psychology, PERMA, and Dr. Martin Seligman\u2019s contribution\u00a0 \u00a0\u00a0 Visit dontretiregraduate.com for a full transcript of this episode.\n Dr. Crosby's Book\u00a0\n About Daniel Crosby\n 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 7 languages. His latest work, The Behavioral Investor, is a comprehensive look at the neurology, physiology and psychology of sound financial decision-making. \u00a0\n https://www.standarddeviationspod.com\nLearn more about your ad choices. Visit megaphone.fm/adchoices","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/e5ba0a95-9d36-486e-a7cb-849adb74fa27/dont-retire-graduate-quote-tile-2.png"}