How to Become More Empowered and Rational as an Investor–with special guest Dr. Daniel Crosby
“Humans are wired to act; markets tend to reward inaction.” ― Daniel Crosby, The Behavioral Investor
On today’s episode of Money & Meaning, psychologist, behavioral finance expert, and New York Times best-selling author Dr. Daniel Crosby discusses the four consistent types of behavioral risk (ego, emotion, conservatism, and attention) and how they impact investment decision-making. He points to goals-based investing as one way to bring about positive behavior. Listen in to Jeff and Daniel describe additional techniques you can use to become a more rational investor!