Podcasts about behavioral finance

You just came into $50,000—no strings attached. Do you crush your debt? Supercharge your retirement? Blow it all on a podcasting-themed backyard grotto? In this episode of The Stacking Benjamins Show, Joe Saul-Sehy, OG, Paula Pant (Afford Anything), and Jesse Cramer (The Best Interest) gather around the card table in Mom's basement to tackle one of the most common “someday” questions in personal finance: What do you do when a windfall lands in your lap? Whether it's an inheritance, work bonus, or prize money (maybe you finally won that game show you keep applying to), the panel explores what smart, emotionally grounded, and goal-aligned decisions look like in the face of sudden cash. Start With the Why Before you touch a dime, the crew walks through the importance of mindset, goals, and not falling into the “I deserve it” trap that has sunk many a lucky winner. Debt vs. Invest vs. Enjoy High-interest debt? Retirement accounts? Travel dreams? The panel weighs each strategy—and surprises us with their personal priorities. Behavioral Finance & Windfall Psychology Why do people tend to mismanage unexpected money? From mental accounting to lifestyle creep, learn the hidden traps and how to sidestep them. The 401(k) Match Dilemma Is it better to max out tax-advantaged accounts or build an emergency fund? The team hashes out smart order-of-operations for stacking your windfall right. Trivia Break: St. Paddy's Parade Edition Neighbor Doug makes sure you don't learn too much without a little distraction. Can you guess when the first St. Patrick's Day parade was held? How They'd Spend It Ever wonder what Joe, OG, Paula, or Jesse would do with an extra 50 grand? From practical moves to guilty pleasures, we get a peek into each of their financial brains. Don't let windfalls drift into “found money” syndrome—align with your long-term goals first. Paying off high-interest debt = guaranteed return. But balance it with your future-focused investments. Emotional awareness is just as crucial as spreadsheets when a windfall hits. Take a beat before making decisions. Give yourself permission to enjoy some of the money—just make sure it's intentional, not impulsive. Got a windfall story or dream scenario? Tell us how you'd handle an extra $50K in our Basement Facebook group. Let's see who would invest it, who would renovate the kitchen, and who would finally launch that mobile alpaca petting zoo. FULL SHOW NOTES: https://stackikngbenjamins.com/how-to-treat-a-financial-inheritance-1716 Deeper dives with curated links, topics, and discussions are in our newsletter, The 201, available at https://www.StackingBenjamins.com/201 Enjoy! Learn more about your ad choices. Visit podcastchoices.com/adchoices

Apparently, psychological influences and biases affect the financial behaviors of investors and markets, revealing that people often make irrational choices driven by emotion and mental shortcuts rather than strict logic and rationality. Today's Stocks & Topics: PRHSX - T Rowe Price Health Sciences Fund, CWT - California Water Service Group, Market Wrap, Understanding Behavioral Finance: How Psychology Shapes Financial Decisions, UNM - Unum Group, IAU - iShares Gold Trust, After Hours Trading, Gross Domestic Product (GDP), Reverse Stock Split, NOTE – Fiscal Note Holdings Inc., KNSL - Kinsale Capital Group Inc, US Companies Borrowing Cost, SNY - Sanofi ADR.Our Sponsors:* Check out Avocado Green Mattress: https://avocadogreenmattress.com* Check out Ka'Chava and use my code INVEST for a great deal: https://www.kachava.com* Check out Mint Mobile: https://mintmobile.com/INVESTTALK* Check out Progressive: https://www.progressive.comAdvertising Inquiries: https://redcircle.com/brands

Tune in to hear:How does Guy de Maupassant's short story, The Necklace, illustrate the importance of gratitude and how a lack of it can lead to personal misfortune?What does contemporary Psychology research show about the transformative power of gratitude in our lives?What are some examples of reciprocal altruism in the Animal Kingdom, aside from humans?Why is gratitude sometimes called the mother of all virtues?LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code:

In dieser neuen Episode von "Gelassen älter werden" tauchen wir ein in die turbulente Lebensphase zwischen 45 und 65 Jahren – eine Zeit, die oft überraschende Parallelen zur ersten Pubertät aufweist. Gemeinsam mit unseren Gästen, Dr. Petra Kiedaisch und Prof. Dr. Philipp Schreiber, erkunden Bertram Kasper und Catharina Maria Klein, wie wir diese zweite "Bupathät" bewusst gestalten und als Wendepunkt für ein erfülltes, selbstbestimmtes Leben nutzen können.Hauptpunkte:Zweite Pubertät verstehen: Warum die Lebensmitte eine ebenso tiefgreifende Veränderung bringt wie die Jugendjahre.Werte neu ausrichten: Wie wir entdecken, was uns wirklich wichtig ist – und mutig danach leben.Finanzen mit Weitblick: Warum es nie zu spät ist, Verantwortung für die eigene finanzielle Zukunft zu übernehmen.Lebensrückblick und Zukunftsmut: Akzeptieren, was war – und neu aufbrechen ohne Bedauern.Gesellschaftlicher Auftrag: Warum wir als reifere Generation Verantwortung für Familie, Gemeinschaft und Zukunft tragen.Zitat:"Wir haben ein zweites Leben vor uns – und die Chance, es bewusst zu gestalten." – Petra KiedaischZum Weiterlesen:· 45 Plus. Ein Ratgeber für die zweite Pubertät" von Petra Kiedaisch, Philipp Schreiber· Infos zu Behavioral Finance: Über den Umgang mit Geld und EmotionenWas denkst du: Hast du deine zweite Pubertät schon erlebt – oder steckst du mittendrin? Welche Weichen möchtest du jetzt stellen? Teile deine Gedanken mit uns und bleibe dran für die nächste Folge von "Gelassen älter werden"!#GelassenÄlterWerden #Lebensmitte #ZweitePubertät #ProAgingEine Bitte an unsere Hörerinnen und Hörer:Wir freuen uns über eine Bewertung unseres Podcasts. Holt für uns die 5 Sterne vom Himmel und schreibt gerne, was euch besonders gefällt.Das schenkt noch mehr Menschen unsere Inhalte, da es durch das bessere Ranking öfter vorgeschlagen wird. Herzlichen Dank.Für mehr Informationen zum Thema "gelassen älter werden" gibt es auf unserer Homepage ein Magazin zum Lesen. Hier der Link: https://gelassen-aelter-werden.de/magazin-gelassen-aelter-werden/Die Musik im Intro und Outro ist von Stefan Kissel und wurde von Nico Lange gesprochen.

Uncover the investing treasure of Australia that is Melbourne and why it offers such great value for property owners right now!   In this episode, understand market cycles, valuations, and buyer behavior. I uncover the potential for growth in Melbourne, particularly for early adopters, and the risks associated with late investment, so take notes if you seek to reap the rewards. It's a Melbourne master class this episode, don't miss it.   I discuss -  00:00 - Introduction to the Melbourne Real Estate Market 02:35 - Understanding Market Cycles and Valuations 05:37 - The Importance of Timing in Real Estate Investment 08:10 - Behavioral Finance and Market Sentiment 10:52 - The Concept of Inversion in Real Estate Investment 14:07 - The Property Cycle and Buyer Behavior 16:51 - Identifying Early Adopters vs. Late Majority 19:28 - The Risks of Late Investment in Real Estate 22:15 - Current Trends in the Melbourne Market 25:20 - The 90-Day Theory and Market Momentum 28:00 - Intrinsic Value and Future Growth Potential 30:45 - Conclusion: The Future of Melbourne Real Estate   Don't hesitate to hit me up on Facebook @SamSaggers. DM me with any of your questions :)   If you're yet to subscribe, be sure to do so on your favourite channel.    Apple - https://pre.fyi/upi-apple   Spotify - ⁣⁣https://pre.fyi/upi-spotify ⁣ YouTube - https://pre.fyi/upi-youtube   And remember, I'm really good on 1.25 or 1.5 speed :)   Take care,  Sam   Hey Investors! It's great to see you here. To get you started on your journey we've popped a few educational resources below for FREE! ➡️ DOWNLOAD The Part Time Property Investor ebook-https://pre.fyi/yt-part-time-investor-ebook ➡️ DOWNLOAD The Property Investor's Cashflow Calculator-  https://pre.fyi/yt-cashflow-calculator  ➡️ REGISTER for a Property Investing Webinar -  https://positivere.events/learn-to-invest    Positive Real Estate's Property Investor Masterclass

Tune in to hear:What novel approach did Hungarian Mathematician Abraham Wald utilize to better understand which parts of American planes needed improved armor during WWII?What is “survivorship bias” and how did Abraham Wald avoid this?Why does professor Scott Galloway suggest that we should follow our talent, or gift, rather than our passion?What are the key differences between a fixed mindset and a growth mindset and what do life's outcomes for each mindset look like, on average?Why is effort more predictive of success in romantic relationships than passion?Why do we tend to lose intrinsic motivation, or passion, for tasks for which there is an extrinsic reward like a paycheck?LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code:

Leasing isn't just for cars anymore—it's becoming a business model for everything from HVAC systems to washers, dryers, refrigerators, and water heaters. While leasing can ease upfront costs, it often comes with long-term financial drawbacks. We explore when it makes financial sense to lease instead of buy, the impact on your cash flow, and why even 0% financing can be a smart move if managed wisely.Original Air Date: July 19, 2025Read the Article: https://www.henssler.com/why-leasing-might-be-the-right-move-even-if-it-costs-more

When it comes to money decisions, the numbers don't always win. This week, we're diving into how behavioral finance influences the way we approach big purchases—like buying versus leasing a car or choosing a home that stretches the budget. While one option might make the most sense on paper, your lifestyle, habits, and even emotions may lead you in another direction.If you've been with your car insurance company for 25 years, but switching providers offers better coverage, lower deductibles, and hundreds in savings—what do you do? For many, the emotional weight of loyalty outweighs the financial upside of making a change.Leasing isn't just for cars anymore—it's becoming a business model for everything from HVAC systems to washers, dryers, refrigerators, and water heaters. While leasing can ease upfront costs, it often comes with long-term financial drawbacks. We break down the numbers, compare short- vs. long-term costs, and discuss why lifestyle convenience often trumps financial optimization.Is tapping into your home equity ever a smart investment move? If your potential returns exceed your mortgage rate, maybe—but it's not just a math equation. We examine the behavioral and practical factors: cash flow, interest rates, risk tolerance, and the peace of mind that comes from being debt-free. Plus, what if you already have extra cash—should you invest it or knock down the mortgage?Join hosts Nick Antonucci, CVA, CEPA, Director of Research, and Managing Associates K.C. Smith, CFP®, CEPA, and D.J. Barker, CWS®, and Kelly-Lynne Scalice, a seasoned communicator and host, on Henssler Money Talks as they explore key financial strategies to help investors navigate market uncertainty.Henssler Money Talks — July 19, 2025  |  Season 39, Episode 29Timestamps and Chapters7:28: Tame Market, Muted Returns14:24: Loyalty vs. Logic: When Staying Costs More 25:14: The New Lease on Spending: Buy vs. Lease in Everyday Life36:18: The Psychology of a Big Purchase49:51: Home Equity: Invest It or Pay Down Debt?Follow Henssler:  Facebook: https://www.facebook.com/HensslerFinancial/ YouTube:  https://www.youtube.com/c/HensslerFinancial LinkedIn: https://www.linkedin.com/company/henssler-financial/ Instagram: https://www.instagram.com/hensslerfinancial/ TikTok: https://www.tiktok.com/@hensslerfinancial?lang=en X: https://www.x.com/hensslergroup  “Henssler Money Talks” is brought to you by Henssler Financial.

Tune in to hear:What can we learn from Leonardo da Vinci about harnessing curiosity to fill our lives with purpose?Why does science writer Sharon Begley think that curiosity is the mental counterpart to physical hunger?What is an example of how curiosity is hardwired into our genetic makeup?What can “convergent” and “divergent” ways of thinking tell us about why creativity must be actively cultivated to avoid squelching it?What did author Susan Engle discover about how curiosity steadily diminishes throughout grade school if it's not actively attended to?How is curiosity correlated to longevity, if at all?What are some actionable ways we can cultivate creativity in our daily lives?LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code:

Tune in to hear:What are anti-goals and why are they often just as, if not more, powerful than goals?What does the prospect theory of behavioral economics have to say about the uniquely motivating power of a villain?Why do humans have asymmetrical risk preferences and what does this reveal about human nature?What did famous investor Charlie Munger mean by his famous quote “invert, always invert?”What is the Stoic exercise of “Premitatio Malorum” and how can it be used in everyday life?LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 1754-U-25176

Tune in to hear:What did author Steven Pressfield have to say about resistance?What are “circular techniques” in Martial Arts and what can they teach us about the power of rolling with resistance?What was the “salt march” that Gandhi led and what does it illustrate about the power of resistance?What is the “Acceptance and Commitment Therapy” methodology that psychologist Dr. Steven C. Hayes invented?What did Steven C. Hayes mean by “self-as-context” and what should we take away from this perspective?LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code:

Navigating Risk, Noise, and Uncertainty: Barry Ritholtz on Investing in a Volatile World   In my conversation with Barry Ritholtz, chairman of Ritholtz Wealth Management and host of Bloomberg's “Masters in Business” podcast, we explored market and real estate cycles, caution, and capital allocation in today's increasingly unpredictable economic environment. Below are the most actionable and provocative takeaways for real estate investors, both passive and professional, drawn from Barry's decades of lessons and market observations.   Origins of Insight: From Blog to Bloomberg Ritholtz didn't set out to run a multi-billion-dollar firm. What started as daily trading notes eventually evolved into a blog, a book, Bailout Nation, and a platform that positioned him to correctly call both the top and bottom of the 2008 financial crisis. This journey, grounded in curiosity and behavioral finance, shaped the contrarian and data-driven approach he still employs today.   "I just wanted to know why some people made money while others didn't doing the same thing."   The 2008 Playbook: Behavioral Edge Over Economic Models Ritholtz attributes his early warning of the Global Financial Crisis (GFC) to non-traditional thinking and real estate roots (his mother was a real estate agent). Observing abnormal refinancing activity and "cash-out mania" led him to investigate securitized debt and derivative risk, well before it was mainstream.   He reverse-engineered risk from Reinhart & Rogoff's crisis research and famously predicted the Dow's decline to ~6,800—earning mockery initially, then vindication.   Echoes of 2008? Why This Time Feels Precarious While he stops short of predicting a crisis, Ritholtz allows for a 10–15% probability of a self-inflicted depression – a worst-case scenario rooted not in structural weakness, but political mismanagement.   “It [is an] asymmetrical risk to take one bullet, put it in a six shooter, spin the wheel, and put it up against your head with a $28 trillion economy.”   From tariffs to immigration policy to fiscal gamesmanship, Ritholtz sees signs that the U.S. may be eroding the long-standing trust that underpins reserve currency status and global capital flows.   Cash Isn't a Plan, Discipline Is When asked whether it makes sense to sit in cash and wait out the next downturn, Ritholtz counters with behavioral caution. Historically, those who “go to cash” rarely reenter at the right time and often miss the rebound entirely.   “If you're going to sit out in cash, do you have the temperament, the discipline to get back in?” Instead, he recommends building resilience: modest leverage, long-term focus, and capital efficiency – hallmarks of legends like Sam Zell, who Ritholtz holds up as a model of disciplined real estate investing.   A Word on Leverage: Use with Extreme Care High leverage is the common thread in stories of ruin. Ritholtz referenced the downfall of the Peloton CEO, who borrowed heavily against inflated stock. The same caution applies to over-leveraged real estate investors, especially those who haven't endured a full cycle.   “Market crashes are where capital returns to its rightful owners.”   For CRE sponsors, now is the time to refinance where possible, preserve cash, and maintain flexibility, even if that means lower IRR projections.   How to Filter the Noise: Create an Information Diet Ritholtz emphasized the need to tune out “financial candy from strangers” – the firehose of social media, Substacks, and hot takes by unvetted commentators.   “They don't know your zip code, your goals, your tax bracket. Why would you trust them?” He recommends identifying a shortlist of credible voices with defined, rational processes and a record of sound judgment. “Build your A-Team,” he advises. “Then ignore the rest.”   Real Estate Today: Not Monolithic, but Multifaceted Unlike equities, real estate behaves very differently depending on location, asset class, and capital structure. While some sectors (e.g., Class B office) remain distressed, others (e.g., data centers, multifamily in select markets, industrial) are faring relatively well.   “Literally, there are properties [Zell] held for half a century. He was long term… used modest amounts of leverage, and he bought great properties at even better prices.”   Ritholtz warns against painting real estate with a broad brush and urges nuanced thinking about cycles, risk-adjusted return, and operator quality.   Sentiment vs. Signals: What to Watch Now While he downplays the predictive power of investor sentiment, Ritholtz monitors: Three-month moving averages of non-farm payrolls Rounded tops in S&P earnings trends Residential real estate supply conditions in key metros Dollar strength (as a proxy for confidence and capital flows) “If the dollar keeps falling and supply starts rising in housing markets, it's time to pay attention.”   Dollar, Debt, and the Doomsayers Ritholtz is blunt about the debt debate. He finds most public discourse alarmist and often wrong. With the U.S. still enjoying reserve currency privileges, he sees no imminent collapse but warns against complacency.   “We've been hearing the deficit will destroy America for 50 years. It hasn't. But bad policy could.”   He is more concerned with underinvestment in infrastructure and human capital than with rising debt levels per se.   Closing Counsel for Investors For those sitting on fresh capital, say $1 million, Ritholtz advises: Clarify your goals (retirement, education, housing). Max out tax-advantaged accounts. Build a core of low-cost index exposure. Don't chase alpha before securing beta. Avoid overcomplexity: “Two dozen funds is not a portfolio.” His parting message? Discipline beats prediction. And humility is a superpower.   Final Thought “Everyone is faking it to some degree. The real danger isn't what you don't know – it's not knowing what you don't know.”   In an age of volatility and noise, Ritholtz's framework stands out: stay informed, stay skeptical, and invest like risk is real – because it is.   *** In this series, I cut through the noise to examine how shifting macroeconomic forces and rising geopolitical risk are reshaping real estate investing.   With insights from economists, academics, and seasoned professionals, this show helps investors respond to market uncertainty with clarity, discipline, and a focus on downside protection.    Subscribe to my free newsletter for timely updates, insights, and tools to help you navigate today's volatile real estate landscape. You'll get: Straight talk on what happens when confidence meets correction - no hype, no spin, no fluff. Real implications of macro trends for investors and sponsors with actionable guidance. Insights from real estate professionals who've been through it all before. Visit GowerCrowd.com/subscribe Email: adam@gowercrowd.com Call: 213-761-1000

Pablo Limón es Licenciado por el ITAM, con estudios en Behavioral Finance en Harvard y Value Investing en Columbia. Durante más de 15 años trabajó como director de Banca de Inversión en el piso 50 de un rascacielos, asesorando a fondos soberanos, family offices e instituciones globales, liderando transacciones por más de 15 billones de dólares.Hoy, desde una mirada mucho más integral, acompaña a emprendedores a construir negocios sólidos y regenerativos, con estructuras claras, modelos escalables y un propósito auténtico. En esta conversación hablamos de cómo crear un plan financiero sin necesidad de un MBA, qué significa levantar capital cuando el capital también eres tú, cómo atravesar los miedos al crecer un proyecto y por qué un Business Plan puede convertirse en una práctica profundamente espiritual.Pablo, como profesor invitado en The Wellness Business Lab, es un verdadero puente entre el mundo financiero y el bienestar. Este episodio te ayudará a reconciliarte con los números y a entender que no están peleados con tu propósito, sino que pueden ser aliados clave para sostenerlo y expandirlo.________________________________________________________Para saber más de The Wellness Business Lab consulta el sitio web aquí: wellnessbusinesslab.com, me encantará que formes parte de este ecosistema que impulsa proyectos conscientes y sostenibles. Además, te invito a conectarte en vivo a las próximas sesiones Wellness Talks¿Quieres conversar o tienes dudas? Escríbeme directamente a: vs@victorsaadia.com

I have reserved this FQwentuhan with Dr. Meir Statman, one of the founding fathers of Behavioral Finance. He is a professor at the Leavey School of Business, Santa Clara University and a visiting professor at Tilburg University in the Netherlands. He received his Ph.D. from Columbia University and his B.A. and M.B.A. from the Hebrew University, the same school where Nobel Laureate Daniel Kahneman, the psychologist responsible for the development of Behavioral Economics, also studied.His research focuses on how investors and managers make financial decisions, the cognitive errors and emotions that influence them, retirement, asset allocation, asset pricing, etc. To find out more about him, go to http://meirstatman.com or read his book Finance for Normal People. You may also read the accompanying article on FQMom.com.Here's the link: https://fqmom.com/lessons-from-a-behavioral-finance-guru-fqwentuhan-with-meir-statman/

When it comes to money, our emotions often drive the decisions we make and that's especially true in military life, where constant change, separation, and stress can shape how we spend, save, and communicate with those we love. But if we don't understand our financial behaviors, we can find ourselves repeating the same mistakes over and over, leading us to feel stuck. In this episode, I discuss the world of behavioral finance with Cherie Stueve and how it applies to military households. We talk about why comparison is a financial trap, how our upbringing influences our money habits, and the surprising role of intensity in financial arguments. Cherie offers practical advice and small steps you can take today to make smarter money moves. Cherie Stueve, PhD, CFP®, AFC®, FFC®, FBS®, CAP®, is a lifelong learner and financial educator, counselor, coach, planner, and researcher. During her spouse's 20-year Coast Guard career, Cherie navigated frequent relocations before portal, virtual career and education options. That experience drives her commitment to helping military spouses build flexible, resilient careers in personal finance. For the past three years, she and her spouse, Tim have supported scholarships for military spouses to attend conferences and pursue professional development, including MilMoneyCon. https://milmo.co/podcast/behavioral-finance-for-military-life For more MILMO, follow at: MILMO.co ItsMILMO on YouTube @itsmilmo on X @itsmilmo Instagram @itsmilmo LinkedIn @itsmilmo Facebook

Tune in to hear:What is “The Story of the Chinese Farmer” by Alan Watts and what can it teach us about embracing uncertainty?Why are humans so hardwired to fear uncertainty and how can we override this natural tendency and embrace it?Why do some psychologists believe that ambiguity aversion is the one fear to rule them all?How can uncertainty stimulate heightened learning?What did the poet Rainer Maria Rilke have to say about embracing uncertainty?LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code:

Send us a textJon Randall, Founder and CEO of Extraordinary Advisors, joins today's show to discuss the key constraints that hold advisors back from growing their practices, while offering stories of advisors who have taken their growth to a new level. To access FREE Growth Guide , Customized Growth Report, and/or a consultation with his team, visit:https://www.xfa.coach/itoSupport the show

Tune in to hear:What is the “drown proofing” technique, often taught to Navy Seals, and what is a takeaway from it that can be applied in our daily lives?What is Alan Watts' “backward law,” or “the law of reversed effect?”What is the psychological phenomenon of pareidolia and what can it teach us about our collective search for meaning?What are some philosophical examples of how meaning often ensues in our lives?What can we learn from Vietnam's “Great Hanoi Rat Massacre?”LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code:

This week features David Kutcher on long term care. Eric Kearney and Joesph Lanza tackle the topic of Behavioral Finance. Marc Geels says Time Segmented Distribution is the way to go in retirement planning. Mal Mason and Chae Kyle wade into the Federal layoffs and it could be an opportunity to save more in retirement. To learn more visit Financial Pizza. Learn how to create your own podcast by visiting Broadcasting Experts. See omnystudio.com/listener for privacy information.

Tune in to hear:What can Queen Elizabeth I, of England, teach us about the power of saying “no?”Why is saying “no” just as important, if not more important, than saying “yes” in our journey towards a purposeful life?What can be our guidepost when deciding when to say “yes” and when to say “no?”How does living a purposeful life improve decision-making behavior going forward?What 3-step process does Oliver Burkeman lay out for saying “yes” to our highest purpose and saying “no” to things that do not serve it?LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 1563-U-25155

Tune in to hear:What is facticity and how can we turn these “limitations” into strengths?What are some historical examples of people who used their limitations to do, or create, something remarkable?What is Sheena Iyengar's “jam study” and what are its implications for decision making and behavioral science?Why are constraints such an important element of creativity?LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code:

In this episode of Boldin Your Money, Steve Chen talks with Barry Ritholtz about his journey from law to leading a $6B wealth management firm. They discuss Barry's book How Not to Invest, focusing on avoiding common mistakes, tuning out media noise, and the value of humility and process in investing. The conversation covers tech's role in finance, behavioral biases, and how to build smarter, tax-efficient portfolios in a rapidly evolving market.

Sign up for updates and exclusive offers related to Peter's new book, The Perfect Portfolio, by visiting https://theperfectportfoliobook.com -----  Recorded in front of an audience at the CFA Institute's global conference (CFA Live), I'm joined by behavioral finance expert Brian Portnoy to dive deep into Behavioral Finance 2.0. This conversation goes well beyond the basic definitions of Behavioral Finance 1.0, letting storytelling, empathy, and emotional intelligence take center stage in helping people live more meaningful financial lives. Whether you're an advisor, investor, or simply curious about the psychology of money, this conversation offers a fresh and thought-provoking perspective on what it truly means to build wealth wisely.   Listen now and learn: ► Why classical behavioral finance may be too narrow—and what's replacing it ► A powerful five-step framework for guiding clients through market stress ► How storytelling can transform financial advice into something truly personal ► What the rise of AI means for the future of human-centered advising   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.   (07:28) Navigating Today's Investor Mindset: Uncertainty and Storytelling   (12:36) Beyond Behavioral Finance 1.0: Moving from Flaws to Flourishing   (19:49) The Power of Asking Better Questions in Financial Advising   (28:50) Using the LASER Protocol for Client Conversations During Volatility   (42:30) Practical Applications: Storytelling in Financial Advice   (47:57) How Behavioral Insights Improve Investment Decisions  -----  Disclosure: This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Plancorp LLC employees providing such comments, and should not be regarded the views of Plancorp LLC. or its respective affiliates or as a description of advisory services provided by Plancorp LLC or performance returns of any Plancorp LLC client. References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Please see disclosures here.

In this episode of Nurturing Financial Freedom, we shift focus from the hard numbers and take a deep dive into the psychological side of investing. Specifically, we explore loss aversion—the human tendency to feel the pain of financial loss more intensely than the pleasure of gains. As we've all seen in our work and our own portfolios, emotional reactions to market swings can often lead to irrational decisions. That's where understanding behavioral finance becomes a powerful tool in making smarter financial choices.We start with Ed breaking down the origins of loss aversion, rooted in the research of Kahneman and Tversky. Their work in the 1970s, which led to the development of prospect theory, shows that the average person perceives a $100,000 loss as twice as painful as a $100,000 gain is pleasurable. This cognitive imbalance causes two major pitfalls: people either avoid risk entirely and park money in cash—letting inflation erode value—or they panic-sell during downturns and miss out on rebounds, effectively locking in their losses.Ed walks us through real examples, including the volatility of April 2024, the pandemic crash of 2020, and the 2008 recession. He explains how our amygdala, hardwired to detect threats, doesn't differentiate between a market dip and a life-or-death situation, making our emotional reactions feel justified—even when they're counterproductive.Alex builds on this by offering techniques to manage this psychological bias. First, we need to build a financial plan with a properly diversified portfolio aligned to our specific timeline and goals. He emphasizes reframing our perspective—looking at a portfolio not as a cash balance but as ownership in companies that will likely be around for decades. He shares the analogy of home values: we don't sell our house when its Zestimate dips; likewise, we shouldn't rush to sell stocks when they temporarily fall.Other actionable strategies include pre-committing to actions like rebalancing during downturns, increasing contributions when prices are low, and resisting the urge to act impulsively. He underscores the power of long-term thinking—"expand the graph"—to see that every crash looks like a blip over decades. And finally, he recommends examining past mistakes. Nothing hits home more than seeing the dollars lost from a past panic sale.We close by reaffirming that while we can't guarantee outcomes, we can plan for volatility. The market is emotional in the short term but logical in the long term. With the right mindset and tools, we can better navigate the emotional terrain of investing and avoid letting fear dictate our strategy.Books Mentioned:Thinking Fast and Slow: https://www.amazon.com/Thinking-Fast-Slow-Daniel-Kahneman/dp/0374533555The Undoing Project: A Friendship That Changed Our Minds: https://www.amazon.com/Undoing-Project-Friendship-Changed-Minds/dp/0393354776 You can always email Alex and Ed at info@birchrunfinancial.com or give them a call at 484-395-2190.Or visit them on the web at https://www.birchrunfinancial.com/Alex and Ed's Book: Mastering The Money Mind: https://www.amazon.com/Mastering-Money-Mind-Thinking-Personal/dp/1544530536 Any opinions are those of Ed Lambert Alex Cabot, and Jon Gay and not necessarily those of RJFS or Raymond James. The information contained in this report does not purport to be a complete description of the securities, markets, or developments referred to in this material. There is no assurance any of the trends mentioned will continue or forecasts will occur. The information has been obtained from sources considered to be reliable, but Raymond James does not guarantee that the foregoing material is accurate or complete. Any information is not a complete summary or statement of all available data necessary for making an investment decision and does not constitute a recommendation. The examples throughout this material are for illustrative purposes only. Raymond James does not provide tax or legal services. Please discuss these matters with the appropriate professional. Diversification and asset allocation do not ensure a profit or protect against a loss. Past performance is not indicative of future returns. CDs are insured by the FDIC and offer a fixed rate of return, whereas the return and principal value of investment securities fluctuate with changes in market conditions. The S&P 500 is an unmanaged index of 500 widely held stocks that is generally considered representative of the U.S. Stock Market. Keep in mind that individuals cannot invest directly in any index, and index performance does not include transaction costs or other fees, which will affect actual investment performance. Individual investor's results will vary. This information is not intended as a solicitation or an offer to buy or sell any security referred to herein. Future investment performance cannot be guaranteed, investment yields will fluctuate with market conditions. International investing involves special risks, including currency fluctuations, differing financial accounting standards, and possible political and economic volatility. There is an inverse relationship between interest rate movements and bond prices. Generally, when interest rates rise, bond prices fall and when interest rates fall, bond prices generally rise. Investing in small cap stocks generally involves greater risks, and therefore, may not be appropriate for every investor. The prices of small company stocks may be subject to more volatility than those of large company stocks. Securities offered through Raymond James Financial Services, Inc. Member FINRA/SIPC. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Birch Run Financial is not a registered broker/dealer and is independent of Raymond James Financial Services. Birch Run Financial is located at 595 E Swedesford Rd, Ste 360, Wayne PA 19087 and can be reached at 484-395-2190. Any rating is not intended to be an endorsement, or any way indicative of the advisors' abilities to provide investment advice or management. This podcast is intended for informational purposes only.Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize, or sponsor any of the listed websites or their respective sponsors.Raymond James is not responsible for the content of any website or the collection or use of information regarding any website's users or members.

Tune in to hear:What is the idea of Lindy's Law, also known as The Lindy Effect? What is statistician Nassim Nicholas Taleb's unique take on this?How has an acceptance of our finitude been expressed, and even celebrated, by cultures all over the world?What is the Zen Buddhist concept of “Satori” and what can we learn from it?LinksThe Soul of WealthConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code:

It's a super-sized episode today—and for good reason. We spend the bulk of the show in a deep, insightful conversation with Dr. Meir Statman, a leading voice in behavioral finance. I also walk you through the four non-financial pillars of retirement: mindset, energy, passions, and relationships. We'll talk about how to manage what you can control—and how to respond when life throws you the stuff you can't. Plus, we answer a few of your questions. There's a lot here, but it's worth every minute. Let's get to it.SUMMARY OF THIS EPISODE OF THE RETIREMENT ANSWER MAN(00:00) This podcast is dedicated to helping you survive retirement with confidence(00:34) Today on the show we are going to focus on the non-financial realm as we continue talking about process and things we can control versus what we can't control.ROCKIN RETIREMENT IN THE WILD(02:14) Roger shares an anonymous message from a listener about her husband retiring and the confidence they have built in their retirement.PRACTICAL PLANNING SEGMENT(04:50) Sometimes in retirement planning, we tend to overemphasize the financial side of things and forget about the rest of our lives.(06:23) Roger identifies controllables and non-controllables within the non-financial pillars of retirement. (14:50) Roger talks about some examples of people who focused on things that they could control and found success.(16:19) Roger says that the Rock Retirement Club has been a source of inspiration for him.INTERVIEW WITH MEIR STATMAN(18:13) Roger introduces Meir Statman, author of A Wealth of Wellbeing.(19:34) Roger asks what motivated Dr. Statman to write his latest book.(22:10) Dr. Statman talks about his relationship with Nobel Prize winner, Harry Markowitz(25:57) Roger talks about behavioral finance and what it means from his perspective.(30:02) We talk about financial wellbeing but you also need to focus on life wellbeing.(31:06) Dr. Statman discusses a u-curve in life wellbeing.(37:25) Roger and Dr. Statman talk about accepting who you are.(39:30) Dr. Statman talks about the components of wellbeing.(41:49) Roger asks about social capital in retirement.(49:00) Starting a conversation is really important, Meir says(51:19) What is cultural capital?(57:32) Developing social, cultural, and personal capital becomes harder as you get older.(01:01:38) What is personal capital?LISTENER QUESTIONS(01:04:42) Listener Brian sends a question about generating his retirement paycheck.(01:17:52) Another listener named Brian asks about investing in annuities.SMART SPRINT(01:22:20) In the next seven days, before you get out of bed, smile and tell yourself it is going to be a great day!BONUS(01:22:48) Roger reads from his grandfather's WWII journal.REFERENCESNick Vujicic- Motivational SpeakerNelson Mandela Mier StatmanRetirement Answer ManSign up for The Noodle (previously known as Six Shot Saturday) BOOKSMan's Search for Meaning by Viktor FranklI Know Why the Caged Bird Sings by Maya AngelouA Wealth of Well-Being: A Holistic Approach to Behavioral Finance by Meir StatmanThe Second Mountain: The Quest for a Moral Life by David BrooksBowling Alone: Revised and Updated: The Collapse and Revival of American Community by Robert PutnamThe How of Happiness: A Scientific Approach to Getting the Life You Want by Sonja LyubomirskyThinking in Bets: Making Smarter Decisions When You Don't Have All the Facts by Annie Duke

In this episode of “The Angle,” Justin Thomson, head of the T. Rowe Price Investment Institute, chats with Herman Brodie of Prospecta about behavioral biases and how it impacts investment decisions.

It Challenges the Traditional View That Investors Always Act Rationally. We Know That's Not True. Instead, It Recognizes That Emotions, Biases, and Cognitive Limitations Can Significantly Influence Our Choices.

What happens when emotion and psychology creep into financial decisions? In this episode of Corporate Finance Explained on FinPod, we unpack the human side of finance through the lens of behavioral finance, exploring why even the most skilled professionals fall victim to biases like overconfidence, loss aversion, and anchoring.Real-world cases like HP's Autonomy acquisition and Boeing's 737 MAX rollout show how costly these blind spots can be. But it's not just billion-dollar boardrooms; these same patterns appear in budgeting, forecasting, and decision-making across corporate finance roles.We explore how risk perception is shaped by mood, memory, and team dynamics, and why tools like scenario planning and pre-mortem analysis help finance teams build resilience. This conversation is a must-listen for professionals looking to sharpen their judgment and avoid costly mistakes.Get practical tools, mindset shifts, and insights beyond spreadsheets because better decisions start with understanding how we make them.#BehavioralFinance #FinanceCareers #CorporateFinance #FinancialDecisions #BiasInFinance #DecisionMaking #FinanceStrategy #CFILearning #FinancePodcast

In this May 2025 episode of Faith Driven Investor, hosts Richard Cunningham and John Coleman welcome Deirdre Gibson, ETF Specialist and National Sales Director at Praxis Investment Management, for a wide-ranging discussion on faith-driven investing and current market conditions.Episode Highlights:Understanding ETFs vs. Mutual Funds (2:31-4:42)Gibson explains the structural differences between ETFs and mutual fundsKey advantages of ETFs: tax benefits, liquidity, transparency, and lower minimum investmentsHow ETF structure makes diversified investing more accessible to everyday peopleJesus as a Model for Engagement (7:39-12:03)Gibson shares insights from her Kingdom Advisors conference presentationExamines how Jesus engaged with sinners rather than avoiding themApplies this model to faith-driven investing: avoid, seek, engage frameworkMakes the case for strategic engagement with companies rather than only screening them outThe "Sullivan Principles" and Christian Influence (12:03-15:19)Coleman discusses how the Episcopal Church's 1971 engagement with GM over apartheid led to industry-wide changeHow Christians can use capital ownership to influence corporate behaviorThe missed opportunity when Christians only avoid rather than engageResearch on Faith-Aligned Investing (20:50-24:24)Praxis research reveals significant gap between investor desires and advisor actions70-85% of investors want values-aligned options while only 9% of advisors initiate these conversationsEvidence that clients are making investments outside advisor relationships when values-alignment isn't offeredTariffs and Market Analysis (29:01-41:42)Comprehensive breakdown of the Trump administration's tariff strategy and goalsAnalysis of four key administration objectives: reducing trade deficits, leveling playing fields, securing critical supply chains, and changing allies' position toward ChinaColeman's five-point framework for achieving a "soft landing" through modest and reciprocal tariffsMarket Outlook and Behavioral Finance (42:11-47:05)Disconnect between resilient economic data and fearful consumer/investor sentimentThe phenomenon of "home bias" in investment portfoliosThe importance of maintaining business confidence to avoid recession despite uncertaintyClosing Thoughts on Human Dignity in Economics (48:33-53:19)Discussion of valuing human contributions beyond productive capacityFaith perspective on economic disruption from AI and technology advancementBiblical frameworks for approaching economic uncertainty with confidence

Tune in to hear:What were some of the catalysts for The Great Chinese Famine and what does this teach us about unintended consequences?What did Nietzsche have to say about the important role suffering plays in our lives and personal growth?What is congenital analgesia and what does it teach us about the protective role of pain?Why do some scientists believe depression plays an important evolutionary role and what role might it play?What is post-traumatic growth?LinksThe Soul of WealthConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code:

If your CPA only talks to you once a year, you're not building wealth—you're playing financial whack-a-mole. Chris Sands of Pro-Fi 20/20 joins Everyday Practices to expose the biggest blind spots in dental accounting, from surprise tax bills to missed strategy.

In this episode of Financial Pizza, host Steve Sedahl discusses various financial topics including the impact of AI on the market, the importance of behavioral finance in decision-making, strategies for minimizing investment risk, innovative life insurance options for retirement, and a cautionary tale about brokers behaving badly. The conversation features insights from several financial advisors and highlights the need for informed financial decisions in a rapidly changing landscape. Visit Financial Pizza to learn more. See omnystudio.com/listener for privacy information.

After you listen:To learn about the news and policies from Washington that impact your portfolio, listen to the WashingtonWise podcast.For weekly insights on the market and economy, listen to the On Investing podcast.Market volatility can stir powerful emotions, making it tempting to abandon long-term financial plans in favor of short-term reactions. In this episode, Mark Riepe is joined by Susan Hirshman, a director of wealth management for Schwab Wealth Advisory and the Schwab Center for Financial Research, to explore why emotional investing often leads to poor outcomes and how to stay focused on what you can control, from portfolio structure to tax strategies. Susan shares practical steps to help investors stay grounded and react relative to their long-term financial plan rather than their short-term emotions. Financial Decoder is an original podcast from Charles Schwab. For more on the series, visit schwab.com/FinancialDecoder. If you enjoy the show, please leave us a rating or review on Apple Podcasts.Reach out to Mark on X @MarkRiepe with your thoughts on the show.Follow Financial Decoder on Spotify to comment on episodes.Important DisclosuresThe information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve. Investing involves risk, including loss of principal. Past performance is no guarantee of future results, and the opinions presented cannot be viewed as an indicator of future performance.The information and content provided herein is general in nature and is for informational purposes only. It is not intended, and should not be construed, as a specific recommendation, individualized tax, legal, or investment advice. Tax laws are subject to change, either prospectively or retroactively. Where specific advice is necessary or appropriate, individuals should contact their own professional tax and investment advisors or other professionals (CPA, Financial Planner, Investment Manager) to help answer questions about specific situations or needs prior to taking any action based upon this information.Diversification, asset allocation and rebalancing strategies do not ensure a profit and do not protect against losses in declining marketRebalancing may cause investors to incur transaction costs and, when a non-retirement account is rebalanced, taxable events may be created that may affect your tax liabilityRoth IRA conversions require a 5-year holding period before earnings can be withdrawn tax free and subsequent conversions will require their own 5-year holding period. In addition, earnings distributions prior to age 59 1/2 are subject to an early withdrawal penalty.Schwab Wealth Advisory™ ("SWA") is a non‐discretionary investment advisory program sponsored by Charles Schwab & Co., Inc. ("Schwab"). Schwab Wealth Advisory, Inc. ("SWAI") is a Registered Investment Adviser and provides portfolio management for the SWA program. Schwab and SWAI are affiliates and are subsidiaries of The Charles Schwab Corporation.The Schwab Center for Financial Research is a division of Charles Schwab & Co., Inc.(0425-NNA5)

With market volatility at historic levels, the mental aspect of investing has never been more important.  This afternoon on the Jon Sanchez Show at 3pm, we'll be joined behavioral finance expert and professor Meir Statman who will teach us the mental aspects of investing and how it can improve your overall mental health and discuss his book A Wealth of Well Being:  A Holistic Approach to Behavioral Finance.

Welcome to this special How-To episode with Gino Barbaro, co-founder of Jake & Gino! In this episode, Gino dives deep into the world of cognitive biases—how they sneak into our investing decisions, cloud our judgment, and cost us big opportunities.Drawing from Dr. Brad Klontz's book Start Thinking Rich, Gino breaks down five powerful biases holding investors back:Confirmation Bias Dunning-Kruger Effect Sunken Cost Fallacy Herd Mentality ...and more! Subscribe for more real estate investing insights, mindset mastery, and financial freedom strategies: https://www.youtube.com/@jakeandgino We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors)

In this episode, Dr. Preston Cherry breaks down two popular ways to invest: dollar cost averaging (investing smaller amounts over time) and lump sum investing (putting all your money in at once). He explains how emotions like fear and regret influence our choices, and why understanding your own goals and risk tolerance is key. Backed by real data, this conversation helps you figure out which strategy might work best for you.Takeaways:• Mindset matters• DCA reduces risk• Lump sum wins long-term• Cash drag hurts returns• Know your goalsWant to learn more? Connect with us below!Stay informed and inspired! Join our FREE wealth & well-being newsletterDo you want confidence & clarity? Check out our award-winning wealth advice servicesGrab Your Copy of Dr. Cherry's book ‘Wealth In The Key of Life'Disclosure: episodes are educational only, not advice. Review our disclosures here: https://www.concurrentfp.com/disclosures/

 In this week's episode of the Capitalist Investor podcast, hosted by Diamond Hands D and co-hosted by Tony, there were several key topics discussed around the complex dynamics of investing in volatile markets. Here are the five hot topics that were tackled in the episode:Psychology of Investing in Volatile Markets: The conversation began with how current market volatility heightens the need to understand the psychology of investing. Diamond Hands D and Tony discussed how emotions like fear and greed can cloud judgment and lead to rash financial decisions.Behavioral Finance and Herd Mentality: An intriguing part of the discussion revolved around common psychological biases such as herd mentality, where investors follow the crowd, using Bitcoin as a key example. They pointed out how this trend often overlooks the realities of market conditions, leading to irrational investment decisions.Emotional Detachment and Long-Term Strategy: The hosts highlighted the importance of developing a long-term investment perspective and emotional detachment. They stressed the need for a clear investment plan, understanding one's risk tolerance, and the role of diversification to weather market volatility.Practical Investment Tips: Throughout the episode, Diamond Hands D and Tony offered practical tips for maintaining rationality in investing. This included advice on investing only in what you understand, the significance of value investing, and the pitfalls of market timing.Professional Guidance and Continuous Learning: The episode underscored the value of seeking professional advice to help navigate complex market conditions and remove emotional biases from decision-making. Additionally, they suggested continuous learning to stay informed but warned against the potential biases of certain market commentaries.Listeners who tuned in were given a comprehensive look at how psychological factors can significantly impact investment decisions and strategies to manage them effectively.

Money and meaning are often treated as separate conversations, but what if they were deeply connected? How can we redefine wealth beyond financial success? What role does mindset play in achieving fulfillment? In this episode of Mitlin Money Mindset®, Larry Sprung speaks with Brian Portnoy, founder of Shaping Wealth, about the psychology of money and how financial well-being can lead to a more fulfilling life. Brian shares his concept of "funded contentment," the distinction between being rich and being wealthy, and how financial advisors can support clients beyond just numbers. Brian shares: His multifaceted career journey and how it led to founding Shaping Wealth The profound difference between being rich and being wealthy The concept of funded contentment and its transformative impact Insights on guiding the next generation toward meaningful financial planning The paradigm shift in financial planning from a product-focused approach to a relationship-centered one  And more! Resources: Mitlin Financial   The JOY and Productivity Journal by Lawrence Sprung  Download Your Free Copy of the Couple's JOYful Money Guide The Geometry of Wealth: How to shape a life of money and meaning Paperback by Brian Portnoy Connect with Larry Sprung:  LinkedIn: Larry Sprung Instagram: Larry Sprung Facebook: Larry Sprung X (Twitter): Larry Sprung Connect with Brian Portnoy:  LinkedIn: Brian Portnoy X: Brian Portnoy Instagram: Brian Portnoy Website: Shaping Wealth About our Guest: Brian Portnoy, Ph.D., CFA, is an expert in the psychology of money. He is the founder of Shaping Wealth, the global wealth industry's premier learning & training platform for human-first financial guidance. Brian's three behavioral finance books have been published in 15 languages, and one of them, The Geometry of Wealth, inspired his current venture. He previously worked for nearly 20 years in the hedge fund and mutual fund industries as an investor, researcher, and educator. He serves on the ambassador's council of the Alliance for Decision Education, is a CFA Charterholder, and is a member of the Economic Club of Chicago. Brian earned his doctorate at the University of Chicago and his undergraduate degree at the University of Michigan. Disclosure: Guests on the Mitlin Money Mindset are not affiliated with CWM, LLC, and opinions expressed herein may not be representative of CWM, LLC. CWM, LLC is not responsible for the guest's content linked on this site.  

In this episode of Retire with Style, Wade Pfau and Alex Murguia sit down with Dr. Daniel Crosby, a leading voice in behavioral finance, to unpack the psychological side of investing in today's volatile markets. Together, they examine how market swings and media noise shape investor behavior—and why having a thoughtful media diet and disciplined decision-making framework is more important than ever. This conversation lays the foundation for next week's episode, where the discussion will shift toward deeper questions of wealth and meaning. Listen now to learn more! Takeaways Market volatility can trigger anxiety—even among professionals. It's normal to feel fear during downturns, but those emotions don't have to drive your decisions. Limiting exposure to financial news may help you stay focused and make better choices. Recognizing the incentives behind financial media can help you consume it more critically. More information isn't always better—clarity often comes from less, not more. Patience matters. Reminding yourself that “this too shall pass” can be grounding. Uncertainty often causes more stress than bad news itself. Taking time to reflect before acting can lead to better financial outcomes. We tend to give others better advice than we give ourselves—pause and consider what you'd tell a friend. Automation and structured plans are powerful tools to reduce emotional decision-making. Chapters 00:00 Introduction to Behavioral Finance and Market Volatility 02:56 Understanding Market Reactions and Investor Psychology 06:01 The Impact of Media on Financial Decision Making 08:47 Navigating Uncertainty in Financial Markets 12:05 The Importance of Patience and Discipline in Investing 15:03 Frameworks for Better Financial Decision Making 17:55 Conclusion and Transition to The Soul of Wealth Links Click here to watch this episode on YouTube: https://youtu.be/6pMFE_-u0YM The Retirement Planning Guidebook: 2nd Edition has just been updated for 2025! Visit your preferred book retailer or simply click here to order your copy today: https://www.wadepfau.com/books/ This episode is sponsored by McLean Asset Management. Visit https://www.mcleanam.com/retirement-income-planning-llm/ to download McLean's free eBook, “Retirement Income Planning”

Gentlemen, are you tired of the paycheck-to-paycheck grind?  Today, we're cracking the code to "free money" and building a financial legacy that lasts generations. Dr. Paul Blake, founder of Financial HEIRs, joins us to reveal psychological hacks that can transform your financial future and teach your kids to make million-dollar decisions before they even graduate college. Dr. Paul Blake isn't just about saving pennies; he's about leveraging smart strategies to live off of "free money"—and he's here to show you how. Become the best husband and leader you can: www.thedadedge.com/mastermind In this eye-opening episode, you'll discover: How to break the chains of the paycheck-to-paycheck cycle for good. Powerful psychological principles that can rewire your financial habits. Dr. Paul Blake's strategies for generating "free money" through smart financial moves. The crucial steps to raising financially bulletproof children who make wise decisions early. How to think long-term and build wealth that extends beyond your lifetime. Here's what financial psychology and wealth-building principles suggest: Understanding cognitive biases can lead to a 20% improvement in investment returns. Teaching children financial literacy from a young age correlates with a 30% higher net worth in adulthood. Strategic asset allocation and leveraging financial tools can generate significant passive income, effectively creating "free money." If you're a dad serious about building a financial legacy and equipping your kids for lifelong financial success, this episode is your blueprint. ---------------------------- Gentlemen, if you're ready to level up, don't miss The Forge: A Gathering of Men—an exclusive event created by leaders like Connor Beaton, Larry Hagner, Matt Beaudreau, and Ryan Michler to help you connect, grow, and become the best version of yourself. Learn more at The Men's Forge. ---------------------------- www.thedadedge.com/522 www.themensforge.com | www.thedadedge.com/alliance www.FinancialHEIRs.com Facebook | Instagram | Amazon

In this episode, Rory speaks with Dr. Daniel Crosby, Chief Behavioral Officer at Orion Advisor Solutions, and Randy Johnston, fintech strategist and co-founder of K2 Enterprises, to discuss the technology and behavioral finance topics outlined in The Holistic Guide to Wealth Management and the evolving role of CPAs and financial advisors. Dr. Crosby explains why values-based planning isn't just feel-good theory—it drives real outcomes, citing stats that show clients in goals-based portfolios are 10x less likely to panic sell and twice as likely to save for retirement. Randy shares how AI, automation, and real-time data are freeing up capacity so firms can spend less time on compliance and more time on relationships, strategy, and outcomes. They discuss why holistic financial planning is the foundation for stronger, more durable client relationships. Want to know how behavioral finance and a human-first approach can power deeper client engagement? Curious how CPAs can turn AI into a competitive advantage? Find out the answers to these questions and more in this future-focused conversation with Dr. Daniel Crosby and Randy Johnston.

In this episode of Money Tales, our guest is Marlis Jansen. Marlis was one of our first guests and shared her money tales in episode number five. She joins us this week to talk about the HEARTS framework she developed for achieving financial wellbeing. Marlis describes financial wellbeing as possessing solid financial skills and deep emotional intelligence about money, so that we can meet our financial responsibilities, reduce stress and live more purposeful, joyful and impactful lives. We go deep into HEARTS in this episode, which is an acronym for each of the components for achieving financial wellbeing. Marlis Jansen is a licensed psychotherapist who is trained in wealth psychology and a sixth-generation member of a family of stewardship. This combination of professional training with lived experience gives her a unique perspective on the nuances and complexities of owning financial wealth. Prior to founding Graddha, Marlis worked for several healthcare startups and spent a decade as a stay at home mom.  As a product developer in the healthcare information technology space, she designed strategies to maximize trust and safety for patients to help them take ownership of their health decisions. Marlis also served as Director of Business Development and Director of Product Development in a couple of health care startups.  Her experience as a mom inspired her to contemplate how we ascribe value to people and work. Marlis holds a Bachelor of Arts degree in Anthropology from Harvard University, a Master of Arts degree in Psychology from the California Institute of Integral Studies and a Graduate Certificate in Financial Psychology and Behavioral Finance from Creighton University Heider College of Business. She is an active member of the Purposeful Planning Institute, Financial Psychology Institute and the Financial Therapy Association. She serves on the Board of the Stone Age Institute and, since 2009, has served as Vice President of The Springcreek Foundation, her family's private philanthropic foundation. Marlis speaks French well and is proficient in Spanish and Norwegian. She loves to enjoy home cooked family dinners, hike Mt. Tam with her family and dogs, travel in unfamiliar countries and cultures, and stay up late playing board games.

Tune in to hear:What is Rudyard Kipling's poem “If –” about and what can it teach us about remaining poised in the face of chaos?What are some qualities of the investors who fare best in turbulent markets?What roles does EQ (Emotional Intelligence) play in investment decision making?What are some practical steps for remaining calm in a churning world?Why is “sleeping on it” such powerful advice when it comes to investment decision making?How can we anchor to non-financial metrics to regain a measure of control during market downturns?LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 1048-U-25099

In this episode of Boldin Your Money, host Steve Chen and guest Mike Himmelfarb unpack the newly announced "Liberation Day" tariffs and their sweeping impact on global markets, economic strategy, and personal finance. Recorded just days after a sharp market correction, the discussion blends macroeconomic insight with practical, real-world investing perspectives. Mike shares his background in finance and tech, and how his conservative, index-focused investment approach helps him navigate market volatility. The conversation explores the rationale behind the tariffs—including revenue generation, trade imbalances, and national security—as well as the risks of stagflation, geopolitical tension with China, and broader economic uncertainty. Together, they emphasize the importance of long-term planning, emotional discipline, diversification, and critical thinking in times of change. With insights on everything from debt refinancing to the role of automation and immigration in America's future, the episode offers a thoughtful, grounded take on a complex moment in economic history.

In this conversation, Liz Ann Sonders interviews Barry Ritholtz. He's the co-founder, chairman, and chief investment officer of Ritholtz Wealth Management. And he's the author of a new book titled How Not to Invest.Barry and Liz Ann discuss the evolution of financial media, the current market cycle, and the psychological aspects of investing. They discuss the pitfalls of market timing, the significance of emotional control in investing, and the need for a disciplined approach to investing, particularly during market volatility. Barry also explains the complexities of wealth perception, several of the psychological biases in investing, and the importance of understanding the pitfalls of peer pressure in financial decisions.Finally, Kathy and Liz Ann discuss the data and economic indicators they will be watching in the coming week.You can learn more about Barry's book, How Not to Invest, here. Or check out his podcast, Masters in Business, on Bloomberg.com.On Investing is an original podcast from Charles Schwab. For more on the show, visit schwab.com/OnInvesting. If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresInvestors should consider carefully information contained in the prospectus, or if available, the summary prospectus, including investment objectives, risks, charges, and expenses. You can request a prospectus by calling 800-435-4000. Please read the prospectus carefully before investing.The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. All expressions of opinion are subject to change without notice in reaction to shifting market conditions. Data contained herein from third-party providers is obtained from what are considered reliable sources. However, its accuracy, completeness, or reliability cannot be guaranteed. Examples provided are for illustrative purposes only and not intended to be reflective of results you can expect to achieve. Investing involves risk, including loss of principal. Performance may be affected by risks associated with non-diversification, including investments in specific countries or sectors. Additional risks may also include, but are not limited to, investments in foreign securities, especially emerging markets, real estate investment trusts (REITs), fixed income, municipal securities including state specific municipal securities, small capitalization securities and commodities. Each individual investor should consider these risks carefully before investing in a particular security or strategy.Past performance is no guarantee of future results and the opinions presented cannot be viewed as an indicator of future performance.Diversification and asset allocation strategies do not ensure a profit and cannot protect against losses in a declining market.Rebalancing does not protect against losses or guarantee that an investor's goal will be met. Rebalancing may cause investors to incur transaction costs and, when a non-retirement account is rebalanced, taxable events may be created that may affect your tax liability.Indexes are unmanaged, do not incur management fees, costs and expenses, and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions.The book How Not to Invest is not affiliated with, sponsored by, or endorsed by Charles Schwab & Co., Inc. (CS&Co.). Charles Schwab & Co., Inc. (CS&Co.) has not reviewed the book and makes no representations about its content. The comments, views, and opinions expressed in the presentation are those of the speakers and do not necessarily represent the views of Charles Schwab. All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.Forecasts contained herein are for illustrative purposes only, may be based upon proprietary research and are developed through analysis of historical public data.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.(0325-B0GV)

Tune in to hear:What was the name of Helen Keller's mentor, educator and friend and how did they cultivate such a special relationship?What did Benjamin Franklin famously state about how we should lean on those around us?What are some of the detrimental health effects of isolation and loneliness?Why are our relationships critical to both our mental, and physical, wellbeing?LinksThe Soul of WealthConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 0643-U-25066

Why This Episode Is a Must-Watch In a world where financial decisions can be deeply influenced by emotions and biases, understanding how these factors play a role in investment strategy is crucial. This episode of “Inspired Money” dives deep into behavioral finance to uncover the predictable irrationality in our investment choices. Are you letting fear and greed drive your financial decisions? Discover strategies to navigate biases and invest more rationally by tuning in. Meet the Expert Panelists Colin Camerer is a pioneering behavioral economist and neuroeconomist known for integrating psychology and neuroscience into economic decision-making. As the Robert Kirby Professor of Behavioral Finance and Economics at Caltech, he researches neuroeconomics, behavioral game theory, decision science, and the neuroscience of economic choices, earning him a MacArthur Fellowship in 2013 and an honorary doctorate from the Stockholm School of Economics in 2019. Tom Howard is a pioneer in behavioral finance, best known for founding AthenaInvest and authoring the influential book Behavioral Portfolio Management. With over 35 years in academia and finance, he developed a groundbreaking approach that challenges traditional investment theory by focusing on how investors actually behave, revolutionizing portfolio management through a behavioral data-driven strategy. Annika Echarti, CFP® is a financial coach specializing in behavioral finance and financial psychology. With a background in accounting, law, and economics, she helps self-employed individuals and small business owners align their financial decisions with their goals and values, focusing on both practical strategies and the psychology behind money habits. Megan McCoy, Ph.D., LMFT, AFC®, CFT™ is an Assistant Professor at Kansas State University's Department of Personal Financial Planning, where she specializes in financial therapy, financial well-being, and the dynamics of couples' financial interactions, and has published extensively on these topics while also contributing as a board member of the Financial Therapy Association and co-editor of the Financial Planning Review. Key Highlights: Cognitive Biases Unveiled: According to Colin Camerer, “Fear and greed are real and are actually in the brain.” He explains how these emotions manifest during market bubbles, revealing deep insights into investor behavior. Recognizing these mental states can help investors maintain discipline amidst market fluctuations. The Power of Planning: Tom Howard highlights that “myopic loss aversion is the most important mistake that investors make,” emphasizing the role of structured investment plans and predefined sell rules. By anchoring decisions to clear guidelines, investors can mitigate the biases that lead to costly errors. Aligning Financial Decisions with Values: Annika Echarti stresses the significance of aligning financial choices with personal values to overcome emotional biases. This strategic alignment helps investors make decisions that not only benefit their portfolios but also align with their life goals. The Role of Emotional Intelligence: Megan McCoy advocates for the development of emotional intelligence to recognize financial biases. Through self-awareness and exercises like the money egg, investors can unpack early money-related experiences to better understand their current biases. Call-to-Action Here's what I want you to do: the next time you're about to make an investment decision—pause. Ask yourself: Is this decision based on a solid strategy, or is it driven by emotion? Write down your reasoning before taking action. Even just becoming aware of your thought process can help you make smarter choices. Let's start investing more intentionally and less emotionally. Let me know in the comments—what's one bias you've noticed in your own financial decisions? Find the Inspired Money channel on YouTube or listen to Inspired Money in your favorite podcast player. Andy Wang, Host/Producer of Inspired Money

Learn how behavioral biases impact your investments and what a “good” return from your portfolio looks like. How do behavioral biases affect your investing decisions? What kind of returns should you expect from your investments? Hosts Sean Pyles and Elizabeth Ayoola discuss common psychological traps investors fall into and how to set realistic expectations for long-term portfolio growth. They begin by speaking with Behavioral Financial Advisor Yohance Harrison, founder of Money Script Wealth Management, about behavioral finance, with insights on anchoring bias, recency bias, and how emotional decision-making can hurt your investments. They also discuss strategies to counteract these biases, how long-term planning can override emotional investing, why patience is key to market success, and how robo-advisors can help you stick to your plan. Then, investing Nerd Sam Taube joins Sean and Elizabeth to answer a listener's question about whether their investment returns are on track. They discuss what a "good" return looks like, how different types of mutual funds impact performance, and when to consider adjusting your investment strategy.  7 Best Mutual Funds for February 2025 and How to Invest: https://www.nerdwallet.com/article/investing/how-to-invest-in-mutual-funds  In their conversation, the Nerds discuss: behavioral finance, investment biases, anchoring bias, recency bias, emotional investing, stock market psychology, long-term investing, short-term investing, market volatility, mutual fund returns, index fund returns, S&P 500 average return, risk tolerance, investment performance, robo-advisors, automated investing, when to sell stocks, how to manage investments, financial anxiety and investing, how to pick mutual funds, investment education, investment portfolio strategy, when to rebalance your portfolio, how to diversify investments, investment growth expectations, financial planning, how to avoid bad investments, investment risk management, and active vs passive investing. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend.