Podcasts about behavioral finance

Dr. Matthew Preston and Dr. Thaon Simms review two investing classics that transformed how they think about money. Thaon breaks down Morgan Housel's Psychology of Money, revealing why a janitor accumulated $8 million while a Harvard executive went bankrupt. Preston dives into Warren Buffett's shareholder letters, explaining why Buffett says any company with an economist has one employee too many.You'll discover why behavior trumps intelligence in investing, how 84% of Buffett's wealth came after age 50, the dangerous trap of moving financial goalposts, and why circle of competence matters more than credentials.Chapters:00:00 Introduction to Financial Book Club00:52 The Psychology of Money by Morgan Housel02:07 Behavior vs Intelligence in Investing05:36 The Janitor vs The Harvard Grad09:03 Reasonable vs Rational Decision Making12:33 The Art of Survival and Compounding14:33 Room for Error and Margin of Safety18:28 Defining Enough and Finding Freedom20:09 Happiness and Lower Expectations24:02 The Essays of Warren Buffett26:09 Margin of Safety in Practice27:57 Circle of Competence Explained29:19 Medical Stocks and Unfair Advantages32:42 Mr Market Analogy35:38 Ignoring Macro Predictions37:38 Why Economists Can't Forecast41:51 Management Alignment with Shareholders42:38 Book Recommendations Request

A 23-year-old renter recently said she feels her money is safer in the stock market than in a house—a statement that may surprise investors shaped by past housing and market crashes. The “Henssler Money Talks” hosts explore how generational experience influences our perception of risk and why what we've lived through often drives how we invest—from Boomers who remember double-digit inflation, to Gen X and the dot-com bust, to Millennials and the housing crash, and Gen Z's era of rapid recoveries and tech-driven growth.Original Air Date: February 21, 2026Read the Article: https://www.henssler.com/have-markets-become-the-safe-asset

Key Topics:   The original Turtle experiment and lessons from Richard Dennis  Why and how trend following focuses on small losses and large winners  Volatility-based position sizing and risk management discipline - Diversification across equity markets, currencies, commodities, bonds, and individual stocks  Current market dispersion and what it means for systematic strategies  The psychological challenge of sticking with trend during whipsaws and drawdowns  The growing role of ETFs in managed futures How advisors can size and integrate trend-following sleeves within broader allocations  Key Takeaways:  Trend following is agnostic — it adapts rather than predicts.  Diversification across a broad global universe improves opportunity and resilience.  Proper allocation and manager selection matter more than short-term performance.  No strategy is perfect — understanding drawdowns and behavioral discipline is critical.  Learn More:  Jerry Parker & Chesapeake Capital: www.chesapeakecapital.com  Dantes Outlook's RIA & OCIO Services: www.dantesoutlook.com  Dantes Outlook Substack for ongoing research and portfolio insights: www.dantes.substack.com  Disclaimer: The information presented is for informational purposes only and should not be considered as investment advice nor as a recommendation of any particular strategy, allocation or investment product: before making any investment decision, you should seek expert, professional advice and obtain information regarding the legal, fiscal, regulatory and foreign currency requirements for any investment according to the laws of your home country and place of residence. Investing involves risk, including the possibility of loss of principal. Any forward-looking statements or forecasts are based on assumptions and actual results may vary from any statements or forecasts. The information presented is for informational purposes only and should not be considered as investment advice nor as a recommendation of any particular strategy, allocation or investment product: before making any investment decision, you should seek expert, professional advice and obtain information regarding the legal, fiscal, regulatory and foreign currency requirements for any investment according to the laws of your home country and place of residence. Investing involves risk, including the possibility of loss of principal. Any forward-looking statements or forecasts are based on assumptions and actual results may vary from any statements or forecasts.Visit us at www.dantesoutlook.com

In this episode of ThimbleberryU, we explore the concept of building and maintaining confidence under uncertainty, especially for healthcare professionals who are already accustomed to high-stress environments. The financial world often mirrors the unpredictability of healthcare. Policy changes, staffing shortages, and burnout are compounded by volatile markets and alarming news cycles. Our focus is not on prediction, but on creating confidence through structured, thoughtful planning.We start by addressing how fear-driven headlines can tempt people into making financial decisions based on emotion. Amy reminds us that headlines are built to provoke urgency, not provide clarity. Market fear is often noise, not rooted in personal financial change. Reacting impulsively often locks in losses and increases risk. That's why we advocate for responsible inaction, a deliberate choice to stay the course unless personal circumstances demand a change.A strong financial plan assumes uncertainty. It's not built for calm seas, but for the real-world storms. That means including flexibility for job changes, a sufficient cash buffer, and the ability to adapt without starting over. Confidence grows from knowing your plan already factors in the unpredictable. It's not about guessing what's next. It's about trusting the structure you've created.We dig into the concept of guardrails. These are rules and pre-decisions made in calmer moments to help reduce decision fatigue. Healthcare professionals already follow protocols in their daily work, and the same concept applies to finances. These protocols guide us through emotionally charged situations and help prevent impulsive, regrettable moves.Cash plays a unique role in confidence. For healthcare professionals, cash isn't just an emergency buffer; it's emotional relief. It offers flexibility, covers transition periods, and acts as a cushion during market downturns. However, it's also important to avoid extremes. Too little cash creates anxiety, while too much slows growth. The right amount depends on career phase, income variability, and life responsibilities.We close with the reminder that certainty isn't the goal. Resilience is. When a plan is built to withstand real life, it allows money to support your lifestyle, not compete for your attention. That's where true confidence comes from.(00:00) - Intro: Confidence Under Uncertainty(00:47) - Why Healthcare Professionals Are Feeling Financial Strain(01:25) - The Emotional Impact of Headlines(02:12) - Market Fear vs. Personal Risk(03:08) - What “Doing Nothing” Really Means(04:51) - Is Your Financial Plan Built for Real Life?(06:04) - Guardrails and Reducing Decision Fatigue(07:30) - The Role of Cash in Building Confidence(10:48) - Cash as a Confidence Tool, Not a Cop-Out(11:00) - Final Thoughts: Confidence Comes from Structure(11:33) - How to Connect with Thimbleberry Financial To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com.The ThimbleberryU Podcast is produced by JAG Podcast Productions - https://jagpodcastproductions.com/

Markets are driven by math, but investors are driven by emotion. We will explore the most common psychological biases—like loss aversion and herd mentality—that destroy wealth and how to automate your strategy to avoid them.Today's Stocks & Topics: Microsoft Corporation (MSFT), Market Wrap, American Electric Power Company, Inc. (AEP), The Southern Company (SO), KPP Newsletter, Behavioral Finance: Your Brain vs. Your Portfolio, Devon Energy Corporation (DVN), Principal SAM Conservative Growth A (SAGPX), Key Benchmark Numbers: Treasury Yields, Gold, Silver, Oil and Gasoline, Meta Platforms, Inc. (META), Copper, Ally Financial Inc. (ALLY), Mueller Industries, Inc. (MLI).Our Sponsors:* Check out Anthropic: https://claude.ai/invest* Check out Pebl: https://hipebl.ai* Check out Quince: https://quince.com/INVESTAdvertising Inquiries: https://redcircle.com/brands

Warum geraten selbst erfahrene Unternehmer und vermögende Anleger in unruhigen Marktphasen ins Zweifeln – obwohl sich an ihren Zielen nichts geändert hat? In dieser Folge des Finanzdialogs sprechen Nadine Kostka von Liebinsfeld und Antonio Sommese darüber, warum Vermögen selten am Markt scheitert – sondern an Entscheidungen, die unter emotionalem Druck getroffen werden. Behavioral Finance beschreibt, wie stark Verlustwahrnehmung, Kontrollbedürfnis und mediale Einflüsse unsere Anlageentscheidungen prägen. Doch das eigentliche Problem liegt häufig tiefer: in einer fehlenden oder unklaren Vermögensstruktur. Sie erfahren: • warum Verluste psychologisch stärker wirken als Gewinne • weshalb Unternehmer besonders sensibel auf Marktschwankungen reagieren • warum Prognosen keine echte Sicherheit bieten • und wie eine klare Vermögensarchitektur emotionale Fehlentscheidungen verhindert Die zentrale Botschaft: Nicht die Schwankung entscheidet über den langfristigen Erfolg – sondern die Struktur, mit der Sie ihr begegnen. Vermögen braucht eine klare Aufgabe. Liquidität schafft Handlungsfähigkeit. Disziplin entsteht durch Struktur – nicht durch Willenskraft. Weitere Impulse zur strategischen Vermögensarchitektur finden Sie in unserem Wissenswert-Newsletter. Finanzielle Klarheit. Für ein selbstbestimmtes Leben.

Pat revisits the topic of how money affects people emotionally, and how their behavior can play into the decisions they make with their investments, and not always for the better.

Wir sind wieder da! Und ja, wir müssen uns an dieser Stelle entschuldigen, denn wir stellen leider fest: Immer wenn wir Urlaub machen oder eine kleine Pause vom Podcast einlegen, drehen die Märkte durch! Aber keine Sorge – wir sind zurück, und es kann wieder aufwärtsgehen! Heute sprechen die Babos ein fundamental wichtiges Thema an den Börsen an, nämlich: „Behavioral Finance“, oder auf Deutsch gesagt: die Psychologie der Börse. Auch wenn die Märkte langfristig effizient sind, sind sie kurzfristig alles andere – und genau dabei verlieren viele Anleger, auch professionelle, schnell die Nerven. Deshalb haben wir heute einen Top-Gast am Start, der mit uns gemeinsam das Thema Behavioral Finance und viele seiner wichtigen Aspekte durchleuchtet: Unser Gast: Björn Esser, Mitgründer und Portfolio-Manager bei Alturis Capital GmbH, ist seit 2001 am Markt aktiv und bringt seine langjährige Erfahrung heute mit in den Podcast. Björn teilt mit uns spannende Erkenntnisse und vor allem viele interessante Studien zum Thema Behavioral Finance – darunter auch die Ergebnisse einer coolen Umfrage, die wir vor Kurzem durchgeführt und geteilt haben. Außerdem erfahrt ihr heute: Warum Michael bei seinem einzigen Casinobesuch mal 1.000 Euro verloren hat, und Endrit teilt spannende Einblicke in seine wöchentliche Umfrage auf LinkedIn – unter anderem, warum sich manche nicht mehr trauen, daran teilzunehmen. Und noch viel wichtiger: Diese Folge ist eine wichtige Grundlage für eine spätere Folge mit Björn im Laufe des Jahres – dann zum Thema: Volatilität als Asset – und wie er dieses Konzept erfolgreich in seinem Fonds umsetzt. Also: Unbedingt reinhören – viel Spaß beim Zuhören und Teilen! Eure Michael Duarte & Endrit Cela! - Hier geht es zur Investmentbabo-Webseite: https://www.investmentbabo.com - Folgt die Investmentbabos auf Instagram: https://www.instagram.com/investmentbabo DISCLAIMER: Der Inhalt dieses Podcasts dient ausschließlich der allgemeinen Information. Diese Informationen können und sollen eine individuelle Beratung durch hierfür qualifizierte Personen nicht ersetzen. Die Informationen in Bezug auf die von der Clartan Associés und AMF Capital AG verwalteten Sondervermögen stellen keine Anlageberatung und keine Kaufempfehlung dar.

In this episode of Boldin Your Money, host Steve Chen sits down with California State Treasurer Fiona Ma and CalSavers Executive Director David Teykaerts to explore how California is tackling the retirement savings gap through the CalSavers program. Fiona shares her personal journey from the private sector into public service and explains the treasurer's broader role as the state's banker, overseeing investments, bonds, and multiple savings initiatives. Together, Fiona and David walk through why CalSavers was created, how automatic payroll savings can dramatically increase participation, and why default design, low fees, and simplicity matter most for workers who've historically lacked access to retirement plans. The conversation highlights the program's scale and impact—hundreds of thousands of savers, billions saved, and growing along with lessons about behavioral finance, employer responsibility, and the power of “set it and forget it” systems to build long-term financial security for everyday Californians.

Stewart Alsop interviews Tomas Yu, CEO and founder of Turn-On Financial Technologies, on this episode of the Crazy Wisdom Podcast. They explore how Yu's company is revolutionizing the closed-loop payment ecosystem by creating a universal float system that allows gift card credits to be used across multiple merchants rather than being locked to a single business like Starbucks. The conversation covers the complexities of fintech regulation, the differences between open and closed loop payment systems, and Yu's unique background that combines Korean martial arts discipline with Mexican polo culture. They also dive into Yu's passion for polo, discussing the intimate relationship between rider and horse, the sport's elitist tendencies in different regions, and his efforts to build polo communities from El Paso to New Mexico. Find Tomas on LinkedIn under Tommy (TJ) Alvarez.Timestamps00:00 Introduction to TurnOn Technologies02:45 Understanding Float and Its Implications05:45 Decentralized Gift Card System08:39 Navigating the FinTech Landscape11:19 The Role of Merchants and Consumers14:15 Challenges in the Gift Card Market17:26 The Future of Payment Systems23:12 Understanding Payment Systems: Stripe and POS26:47 Regulatory Landscape: KYC and AML in Payments27:55 The Impact of Economic Conditions on Financial Systems36:39 Transitioning from Industrial to Information Age Finance38:18 Curiosity and Resourcefulness in the Information Age45:09 Social Media and the Dynamics of Attention46:26 From Restaurant to Polo: A Journey of Mentorship49:50 The Thrill of Polo: Learning and Obsession54:53 Building a Team: Breaking Elitism in Polo01:00:29 The Unique Bond: Understanding the Horse-Rider Relationship01:05:21 Polo Horses: Choosing the Right Breed for the GameKey Insights1. Turn-On Technologies is revolutionizing payment systems through behavioral finance by creating a decentralized "float" system. Unlike traditional gift cards that lock customers into single merchants like Starbucks, Turn-On allows universal credit that works across their entire merchant ecosystem. This addresses the massive gift card market where companies like Starbucks hold billions in customer funds that can only be used at their locations.2. The financial industry operates on an exclusionary "closed loop" versus "open loop" system that creates significant friction and fees. Closed loop systems keep money within specific ecosystems without conversion to cash, while open loop systems allow cash withdrawal but trigger heavy regulation. Every transaction through traditional payment processors like Stripe can cost merchants 3-8% in fees, representing a massive burden on businesses.3. Point-of-sale systems function as the financial bloodstream and credit scoring mechanism for businesses. These systems track all card transactions and serve as the primary data source for merchant lending decisions. The gap between POS records and bank deposits reveals cash transactions that businesses may not be reporting, making POS data crucial for assessing business creditworthiness and loan risk.4. Traditional FinTech professionals often miss obvious opportunities due to ego and institutional thinking. Yu encountered resistance from established FinTech experts who initially dismissed his gift card-focused approach, despite the trillion-dollar market size. The financial industry's complexity is sometimes artificially maintained to exclude outsiders rather than serve genuine regulatory purposes.5. The information age is creating a fundamental divide between curious, resourceful individuals and those stuck in credentialist systems. With AI and LLMs amplifying human capability, people who ask the right questions and maintain curiosity will become exponentially more effective. Meanwhile, those relying on traditional credentials without underlying curiosity will fall further behind, creating unprecedented economic and social divergence.6. Polo serves as a powerful business metaphor and relationship-building tool that mirrors modern entrepreneurial challenges. Like mixed martial arts evolved from testing individual disciplines, business success now requires being competent across multiple areas rather than excelling in just one specialty. The sport also creates unique networking opportunities and teaches valuable lessons about partnership between human and animal.7. International financial systems reveal how governments use complexity and capital controls to maintain power over citizens. Yu's observations about Argentina's financial restrictions and the prevalence of cash economies in Latin America illustrate how regulatory complexity often serves political rather than protective purposes, creating opportunities for alternative financial systems that provide genuine value to users.

Front-loading retirement contributions can feel like a smart move—especially in volatile markets. But is it always the best strategy? The “Henssler Money Talks” hosts walk through when front-loading can help, when it can hurt, and why discipline and cash-flow planning matter just as much as market timing. Original Air Date: January 24, 2026Read the Article: https://www.henssler.com/is-front-loading-your-401k-a-smart-move-or-a-cash-flow-trap 

This week's blogpost - In this episode of the Thoughts and Money Podcast, hosted by Trevor Cummings, financial experts Blaine Carver and Brett Bonecutter delve into the recent performance of small cap stocks, specifically highlighting a 14-day streak of outperformance compared to large cap stocks. They discuss the difference between small cap and large cap stocks, the impact of interest rates on small companies, and the historical performance of small caps. Using analogies and practical examples, the hosts explain key concepts like market capitalization, risk and reward, and the importance of diversification. The episode underscores the necessity of a well-thought-out investment philosophy, anchored expectations, and the practical application of financial strategies. 00:00 Welcome to the Thoughts and Money Podcast 00:35 Introduction to Small Cap Stocks 01:53 Sweetwater: A Hypothetical Town 03:51 Investment Strategies and Risk 06:26 The Size Premium and Market Trends 15:48 Behavioral Finance and Long-Term Investing 21:58 Active Management in Small Cap Investments 22:51 Tailoring Investment Strategies to Individuals 23:51 The Importance of Diversification 24:04 Understanding Risk and Returns 25:25 Illiquidity Premium and Expected Returns 29:56 Private Equity and Leverage 34:56 Small Caps and Market Cycles 36:31 Building a Balanced Portfolio 42:01 Setting Realistic Investment Expectations 43:46 Final Thoughts and Listener Engagement Links mentioned in this episode: http://thoughtsonmoney.com http://thebahnsengroup.com

As artificial intelligence-powered tools flood the market and marketing becomes faster, cheaper and easier to automate, advisors are discovering an uncomfortable truth: more tech doesn't automatically create more trust. In an industry that's louder and more crowded than ever, growth is no longer a tactics problem; it's an attention, resonance and differentiation problem. The firms that win will be the ones that understand how technology amplifies identity, not replaces it, and how behavioral finance and neuroscience shape decisions long before a prospect ever takes a meeting. In this episode of The WealthStack Podcast, Shannon Rosic sits down with Dr. Joshua Wilson, founder of NeuBeFi, to explore where tech, behavioral finance, and human psychology actually intersect, and why most advisors are focusing on the wrong side of the decision-making process. Key takeaways: Why most firms have a marketability problem, not a marketing problem  How technology amplifies identity rather than creating differentiation What “signal discovery” means and how it turns sameness into differentiation Why growth fails when treated as a checklist instead of a diagnosis How clarity and cognitive relief drive trust in money decisions Resources: Listen to WealthStack on Wealth Management Subscribe and listen to WealthStack on Apple Podcasts Subscribe and listen to WealthStack on Spotify Connect with Shannon Rosic: Shannon Rosic WealthStack website Wealth Management Connect with Dr. Joshua Wilson: LinkedIn: Dr. Joshua Wilson LinkedIn: NeuBeFi Website: NeuBeFi About Our Guest: Dr. Joshua Wilson is the pioneer behind Neuro-Behavioral Finance—a transformative approach that fuses behavioral finance, neuroscience, narrative strategy, and decision science to help advisors and FinTechs become the only option their ideal clients feel drawn to. Before becoming a sought-after strategist to RIAs and FinTechs, Joshua spent nearly two decades inside the arena where he achieved significant success. Joshua has personally closed hundreds of millions in AUM both virtually and in person. During his time with TD Ameritrade, he was a highly decorated advisor, National Coach of the Year, led the national sales training program, and traveled the country representing the firm. After transitioning to the independent RIA world, he built and grew his advisory practice from $0 AUM and no base salary. After selling his book, he led another RIA from turnaround to rapid expansion to acquisition as CEO. In addition to guiding wealth advisors and FinTechs, his expertise has been sought by $20+ billion asset managers, platforms backed by Y Combinator, marketing agencies, and venture capital firms. His programs have reshaped firms that later appeared in Forbes, Financial Times Top 300 RIAs, the RIA Database’s Top 100 Emerging Wealth Managers, and more. Individually, Joshua has been named to multiple Forbes lists honoring America’s top financial advisors and recognized multiple times as a 5 Star Wealth Manager.

In this episode of Wealth B-Hers, Dr. Felecia Froe sits down with behavioral finance expert, financial advisor, and practicing stoic philosopher Will R. Young to explore a question most people never slow down long enough to ask: What is enough?   Drawing from Will's book The Enough Equation, the conversation moves beyond spreadsheets and market noise into the psychology behind money decisions. Together, they unpack why fear, identity, and comparison quietly shape our financial behavior, and how clarity, values, and intentional planning create real freedom. This episode is an invitation to pause, define what truly matters, and build a financial life that supports peace rather than pressure.   00:00 – Setting the Frame: Wealth, Mindset, and the Pause 05:01 – Stoicism, Behavioral Finance, and Human Blind Spots 11:31 – How Psychology Shows Up in Investing 15:31 – Fear, Scarcity, and the Illusion of Control 22:01 – The Enough Equation: Defining What Matters 30:01 – Redesigning Work, Wealth, and Relationships  

In this episode of Wealth B-Hers, Dr. Felecia Froe sits down with behavioral finance expert, financial advisor, and practicing stoic philosopher Will R. Young to explore a question most people never slow down long enough to ask: What is enough?   Drawing from Will's book The Enough Equation, the conversation moves beyond spreadsheets and market noise into the psychology behind money decisions. Together, they unpack why fear, identity, and comparison quietly shape our financial behavior, and how clarity, values, and intentional planning create real freedom. This episode is an invitation to pause, define what truly matters, and build a financial life that supports peace rather than pressure.   00:00 – Setting the Frame: Wealth, Mindset, and the Pause 05:01 – Stoicism, Behavioral Finance, and Human Blind Spots 11:31 – How Psychology Shows Up in Investing 15:31 – Fear, Scarcity, and the Illusion of Control 22:01 – The Enough Equation: Defining What Matters 30:01 – Redesigning Work, Wealth, and Relationships  

Learn about the importance of behavioral finance in understanding investor emotions, decision-making, and common behavioral mistakes investors make with Chief Behavioral Officer, at RFG Advisory, Brendan Frazier. 00:00 Introduction 03:29 Journey into Behavioral Finance 12:21 Behavioral Mistakes Investors Make 14:17 The Impact of Past Experiences on Financial Behavior 22:43 The Rivalry Between Current and Future Sel 25:15 Understanding Client Goals and Motivations 30:50 The SAFE Framework for Clients 38:11 Setting Expectations to Mitigate Fear 42:39 The Impact of Technology on Human Behavior 44:56 Trend or Fad?

BackgroundBioArticles and Papers Discussed“The Theory Behind the Age-Related Positivity Effect,” Andrew Reed and Laura Carstensen, NIH.gov, Sept. 27, 2012.“Investing Without Blind Spots,” Better Vantage podcast, Nov. 12, 2025.“Out of Sight, Out of Market: The IRA Cash Drag,” by Andy Reed et al., Vanguard.com, Sept. 5, 2024.“Advisors and Investors Split on Inflation, Bond Views,” by Xiao Xu and Andy Reed, Vanguard.com, Sept. 12, 2025.“Stress, Debt, and the Power of Planning,” by Anna Madamba and Andy Reed, Vanguard.com, April 9, 2025“Improving Retirement Outcomes by Default: The Case for an IRA QDIA,” by Andy Reed, et al., Vanguard.com, July 2024."Maximizing versus Satisficing: Happiness Is a Matter of Choice," by Barry Schwartz, Andrew Ward, et al., NIH.gov, November 2002.“The Ostrich Effect: Selective Attention to Information,” George Loewenstein and Duane Seppi, CMU.edu, Feb. 11, 2009.“Inside the Minds of Equity Income Fund Investors,” Sharon Hill and Paulo Costa, Vanguard.com, Aug. 26, 2025.“Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors,” Brad Barber and Terrance Odean, Berkeley.edu, April 2000.Books DiscussedThe Paradox of Choice: Why More Is Less, by Barry SchwartzNudge: Improving Decisions About Health, Wealth, and Happiness, by Richard Thaler and Cass SunsteinThe Elements of Choice: Why the Way We Decide Matters, by Eric JohnsonOther“Was Bogle's Princeton Thesis Eerily Prescient?” by Jess Bebel, Morningstar.com, May 27, 2022. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this milestone episode of ThimbleberryU, we celebrate 150 episodes and the 10-year anniversary of Thimbleberry Financial. Amy Walls reflects on a decade of advising clients and the timeless lessons she's learned—lessons that go beyond finance and into life, meaning, and the value of simplicity.We open by anchoring the episode in Thimbleberry's core values, especially simplicity. Amy stresses how the best financial plans aren't flashy—they're clear, flexible, and focused on what truly matters. We dive into the first cluster of lessons about money and planning, starting with the idea that clarity beats complexity every time. Fancy strategies may look appealing, but real success comes from plans that are understandable and actionable. A flexible plan, one that can adapt to life's inevitable changes, always outperforms a rigid one.We continue by looking at how emotions play into financial decision-making. Amy explains that emotions aren't distractions—they're data. Recognizing fear, guilt, or excitement can lead to more empathetic and accurate planning. We don't need to know everything to make progress; staying curious and asking the right questions is often enough. That curiosity can help us avoid the traps of both overconfidence and paralysis.As we shift toward life-focused lessons, Amy reminds us that success looks different for everyone—and that's the point. Whether it's retiring early or spending more time with family, the plan has to fit the person. Life moves faster than spreadsheets, and that's why regular check-ins and flexibility are essential.Amy emphasizes that the best financial plans make room for joy. Planning isn't about restriction—it's about creating space for what we love, whether that's rest, giving, or travel. Simplicity, while hard, is always worth it. And finally, a good plan isn't static—it grows with us. It's not about being perfect; it's about evolving alongside life's changes and building confidence as we go.As we wrap up, we focus on three key takeaways for the new year: clarity, consistency, and curiosity. It's not about predicting the future—it's about being prepared for it. And that preparation, rooted in simple, flexible planning, is what makes long-term success possible.00:00 – Intro & Episode 150 Milestone00:23 – 10 Years of Thimbleberry Financial01:08 – Simplicity as a Core Value02:15 – Lesson 1: Clarity Beats Complexity03:23 – Lesson 2: Flexibility Over Perfection03:49 – Lesson 3: Markets Don't Care—Your Plan Should04:33 – Lesson 4: Emotions Are Data06:39 – Lesson 5: Stay Curious07:22 – Lesson 6: Success Looks Different for Everyone08:15 – Lesson 7: Life Moves Faster Than Spreadsheets09:01 – Lesson 8: Make Room for Joy09:31 – Lesson 9: Simple Isn't Easy09:57 – Lesson 10: A Plan That Grows With You10:41 – Final Takeaways for the New Year11:53 – Contact Info & Closing To get in touch with Amy and her team at Thimbleberry Financial, call 503-610-6510 or visit thimbleberryfinancial.com.

You don't have time to sift through endless financial content. That's why I do it for you. Get my top 5 must-read articles every week in a quick, easy-to-digest email. Sign up for my newsletter. -----  In this Talking Shop episode, I sit down with Rubin Miller for an unscripted conversation about why market forecasts fail, how advisors actually set return assumptions, and where investors most often misunderstand risk. We move freely from prediction season and capital market assumptions to investor behavior, bonds, and cash—focusing less on what markets will do next and more on how to build a plan you can stick with when narratives get loud. Listen and learn: ► Why short-term market predictions distract from what really drives long-term outcomes ► How ranges and probabilities lead to better financial plans than point forecasts ► What most investors get wrong about bonds, cash, and "playing it safe" ► Why the biggest investing mistakes come from narratives, not numbers   Visit www.TheLongTermInvestor.com for show notes, free resources, and a place to submit questions.   [02:00] – Market Forecasting and "Prediction Season": Why One-Year Outlooks Mislead [03:10] – Financial Planning Return Assumptions: Using Ranges and Probabilities (Not Point Estimates) [06:41] – Portfolio Construction Basics: Stocks Are Stocks, Bonds Are Tools [15:56] – Setting Investor Expectations: What Forecasts Can and Can't Do [21:01] – Behavioral Finance in Real Time: Volatility vs the Narrative Investors Fear [23:45] – Market Timing Bias: "I Knew This Would Happen" and Why It's Dangerous [29:39] – Risk Management: Probability vs Magnitude (How Investors Blow Up a Good Plan) [32:21] – Bond Strategy: Building a Portfolio You Can Stick With (Not the Highest Return) [38:30] – Cash Management: Ultra-Short Bond Funds, HYSAs, and the 2022 Hangover   Editing and post-production work for this episode was provided by The Podcast Consultant (⁠https://thepodcastconsultant.com⁠)   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.

On this episode of CFO at Home, Vince's guest is Brian Pultro, a Navy veteran turned financial advisor. Brian shares his journey from joining the military after the 9/11 attacks to transitioning into a financial advising career. Vince and Brian discuss the benefits and challenges veterans face in financial planning, the importance of understanding military benefits, and best practices for wealth building through behavioral finance. Brian also provides valuable resources and insights for military personnel to better manage their finances and make informed investment decisions.To learn more about Brian and the services he provides, check him out at pultrofinancialmanagement.com Key Topics: 00:00 Introduction and Welcome 01:21 Brian's Military Background 03:08 Transition to Financial Advisor 05:38 Behavioral Finance and Military 09:46 Financial Education in the Military 12:46 Investment Strategies and Advice 23:13 Services Offered by Pultro Financial Management 24:31 Conclusion and Final Thoughts Key Links Simple Wealth Inevitable Wealth - 25th anniversary edition Pultro Financial Management Brian Pultro - LPL Financial | LinkedIn Brian Pultro - Pultro Financial Management | Facebook Contact the Host - vince@thecfoathome.com Want to be a guest on CFO at Home? Send Vince a message on PodMatch, here: https://www.podmatch.com/hostdetailpreview/1628643039567x840793309030672500  

As we close out 2025 and head into the New Year, we're sharing one final Best of episode before returning with new conversations in January. This week's replay is Alex's top pick from the year, a conversation that stood out for its relevance, insight, and the questions it generated from listeners. We'll be back soon with brand new episodes in 2026. Until then, Happy New Year, and thank you for being part of the Retire With Style community!   Repost from Episode 174 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 Explore the New RetireWithStyle.com! We've launched a brand-new home for the podcast! Visit RetireWithStyle.com to catch up on all our latest episodes, explore topics by category, and send us your questions or ideas for future episodes. If there's something you've been wondering about retirement, we want to hear it! 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”

In this episode of PRess Play: The StreetCred Podcast, hosts Elena Krasnow and Jimmy Moock sit down with Sean Allocca, executive editor of The Daily Upside and veteran financial journalist. Sean reflects on his path into financial journalism, what drew him to The Daily Upside and why curiosity remains central to strong reporting. Our conversation with him explores how modern financial media balances credibility with accessibility, and how editors think about storytelling in an increasingly crowded news landscape. We cover: How a passion for writing led Sean to a career in financial journalism His experience at The Daily Upside and how the publication blends serious reporting with humor and pop culture Key lessons from covering markets across multiple financial publications over the years The rise of “new media” and the role AI is beginning to play in shaping financial news Some of Sean's most memorable interviews, including a conversation with John Walsh of America's Most Wanted …and more! Tune in for a candid conversation on modern financial journalism, editorial decision-making and the questions that shape the stories readers see. Topics: (0:37) Meet Sean Allocca (1:44) A New Jersey local (2:38) Don't miss out on Prospect Tavern! (3:08) What's for lunch? (4:38) Joe Duran and a rotisserie chicken (5:23) A disdain for mushrooms and a love for ravioli (7:03) Sean's journey into financial journalism through his passion for writing (7:58) His crime investigative reporting era at Forensic Magazine (8:35) Pivoting to CFO Magazine and the world of corporate finance (10:33) Present day: what drew Sean to The Daily Upside (12:38) The Daily Upside's unique approach and venture into “new media” (13:53) How AI is reshaping the way news is delivered (14:43) A peek behind the curtain of the newsroom: balancing comedy and complex topics (15:48) America's Next Top Model (Portfolio) (16:23) Lessons from covering markets and finance across multiple financial publications (16:42) Never stop asking questions (17:46) PR spins (debunked in StreetCred's most recent blog by Jill Casey Pintor) (18:38) A special interest in investing: options, derivatives and different asset classes (20:15) Suitability vs. fiduciary (21:49) A shift toward being more fiduciary and a corresponding shift in the way firms market themselves (23:28) A few stories and interviews that have stood out to Sean over the years (23:48) Sean shares his PR horror stories (24:05) Interview with John Walsh from America's Most Wanted (24:34) Sitting down with Peter Mallouk, Josh Brown, Kunal Kapoor and others (25:16) The process of preparing for interviews (27:02) A fun game Sean's brother likes to play when Sean is hosting an interview (28:07) Have you heard of Harry Mack? (28:37) Shout out to Sean's brother (28:47) The revival of Jimmy the Moock! (29:24) Time for our Play segment! (29:46) An alternate life as a musician (31:07) The benefits of classical music, for humans, cats and plants (33:34) Sean's favorite things to do for fun: museums, exploring new places (34:07) A plug for the bounties of Philadelphia (35:20) Moment of gratitude (36:42) Look out for a joke on circumventing mushrooms in the next newsletter! Connect with StreetCred PR: Contact Us: https://streetcredpr.com/contact/  StreetCred PRWebsite: https://streetcredpr.com/  Elena Krasnow on LinkedIn: https://www.linkedin.com/in/elena-krasnow/  Elena Krasnow on X (Twitter): https://twitter.com/elenaspeaking  Jimmy Moock on LinkedIn: https://www.linkedin.com/in/jimmy-moock-3103162/  Jimmy Moock on X (Twitter):  https://twitter.com/jimmymoock  StreetCred PR on LinkedIn: https://www.linkedin.com/company/streetcred-publicrelations/  StreetCred PR on X (Twitter): https://twitter.com/StreetCred_PR  Subscribe to PRess Play on YouTube: https://www.youtube.com/@StreetCredPR  Connect with Sean Allocca: The Daily Upside: https://www.thedailyupside.com/  Sean Allocca on LinkedIn: https://www.linkedin.com/in/seanallocca/  The Prospect Tavern: https://www.theprospecttavern.com/  About our Guest:  Sean Allocca is Executive Editor of The Daily Upside and an award-winning journalist with more than 15 years of finance experience. He was formerly the editor-in-chief of ETF.com where he led business development and editorial strategies. He also served as managing editor of the wealth management publications InvestmentNews and Financial Planning, and as editor of the corporate finance publication CFO Magazine.  Publishing Tags: PRess Play, StreetCred PR, Podcast, Financial Journalism, Financial Media, The Daily Upside, Sean Allocca, Elena Krasnow, Jimmy Moock, Wealth Management, Media Relations, Newsroom Insights, Behavioral Finance, New Media, AI in Journalism, Personal Stories, Editorial Strategy, Financial News, Behind the Scenes

This year's “Best of” episode is a highlight reel of the most impactful, yet practical strategies discussed in this year's Human Side of Money podcast episodes. These strategies are designed for Financial Advisors who want human-centric steps they can implement into their business' growth plan. What You'll Learn: Why generic “don't worry” emails can backfire How a repeatable framework can help calm anxious clients How efficiency could harm the client experience How to deepen client trust between meetings Learn more at www.rfgadvisory.com

In this episode, Craig Jeffery explores how behavioral finance applies to treasury. He unpacks key biases like overconfidence, anchoring, and loss aversion and how these influence forecasting, investing, and risk management. How can treasurers spot biases and build better frameworks for decision making? Tune in to find out.

Tune in to hear:What does Swiss-born British author Alain de Botton have to say about Macbeth's cynical soliloquy on the brevity and meaningless of life? Why does he state that despair and hope are two sides of the same coin?How does storytelling make a truth durable in our minds by linking an idea to an ego?Why is our internal dialogue one of the most important stories that we tell? How can we go about making it a more productive dialogue and less self-depricating?How can Albert Ellis' “ABC Model” help us counteract irrational thoughts and cognitive distortions?What is an exercise you can work through to help correct detrimental self-speak?What is The Significant Objects Project and what can it teach us about the importance of narrative as it relates to valuation?LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 3328-U-25338

In this episode of the Real Estate Pros podcast, Ted McLyman discusses the importance of understanding money behavior in real estate. He emphasizes that how we behave with money is more crucial than our knowledge of it. Ted shares insights from his extensive background in finance and behavioral science, explaining how emotions and social influences impact financial decisions. He provides strategies for effective money management and highlights the significance of building strong relationships in the real estate industry. The conversation concludes with resources for further learning and personal development in financial behavior.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Don't let your emotions and 'mental shortcuts' sabotage your financial future. This is the essential deep-dive into the Invisible Costs of Cognitive Biases and the behavioral finance secrets that cost millennials thousands in lost savings and poor investing decisions. If you know the basics of personal finance but still struggle with execution, this episode is for you. We move beyond "Behavioral Finance 101" to uncover the sneaky biases that drain your net worth without you realizing it. In this episode, you will learn: Restraint Bias: Why relying on "willpower" is the most expensive financial strategy you have, and how to fix it. How the power of inertia (Status Quo Bias) is costing you How Recency Bias and Social Proof are destroying long-term asset allocation and distorting your sense of "enough." Mental Accounting: How 'bucketing' affects your total wealth-building. The Anti-Bias Toolkit: Actionable defense mechanisms like the Ulysses Contract, Friction Design, and automating your finances to defeat Decision Fatigue. Your financial plan is only as strong as your psychology. Tune in and learn how to recognize and neutralize these unconscious errors to make clearer, more grounded money decisions starting today. Special Note: It's that time of year again! We are about to record our annual gratitude episode which we've done every year since we began the podcast, and we need YOUR messages. We find it's a wonderful way to end the year and remind ourselves of what truly matters. If you've never submitted a message before, we highly encourage you to send us one this year. If you've submitted one in the past, we'd love to hear an update on how your last year has gone. You can send them to us on our social media, by PMing Anastasia or by emailing us at askcreatingwealth@taberasset.com. Please submit them as soon as possible – by Friday December 12th. We can't wait to hear from you! PM Anastasia on LinkedIn Related Episodes: Behavioral Finance 101 How to Manage Your 401(k) 5 Ways to Limit Lifestyle Creep

Tune in to hear:What does the Japanese Tea Ceremony, Chanoyu, symbolize beyond the ritualized preparation of tea? Why are rituals so important and how can we incorporate ritual into our modern lives?What did Polish Anthropologist Bronislaw Malinowski discover about the importance of fisherman's rituals in Papua New Guinea?How can rituals ease neural tension after a difficult day and give us a sense of control during chaotic times in our lives?Why is active participation in a ritual a prerequisite of reaping their potential benefits?How do we, practically, go about ritualizing our own life purpose? 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 einer Welt, in der finanzielle Unsicherheit viele Menschen zunehmend belastet, gewinnen Konzepte wie Behavioral Banking und Agentic AI an Relevanz. Banken und FinTechs stehen vor der Herausforderung, nicht nur innovative Produkte zu entwickeln, sondern auch das finanzielle Wohl ihrer Kund:innen aktiv zu fördern – und dabei gleichzeitig regulatorischen Anforderungen wie der EU KI-Verordnung gerecht zu werden.  Doch was versteht man eigentlich unter Behavioral Finance? Was bedeutet die Individualisierung von Finanzprodukten für die Branche? Und welche Rolle kann Agentic AI dabei spielen? Um diese und weitere spannende Aspekte zu beleuchten, haben wir Fabian Mohr, Gründer & CEO bei UnitPlus, und Wiebke Reinhart, Senior Solutions Manager bei SAP Fioneer, eingeladen. Beide bringen unterschiedliche Perspektiven und Erfahrungen mit, wie sich das Zusammenspiel von Behavioral Finance/ Financial Wellbeing  und Agentic AI im Banking und Finanzwesen erfolgreich gestalten lässt. Gemeinsam zeigen wir, wie diese neuen Ansätze das Finanzwesen verändern – mit aktuellen Trends und praktischen Beispielen. Moderation: Peter Fricke, Associate Director für FinTech Business Development und Laura Heinisch, Manager bei EY Law. Ihr habt Fragen oder Anmerkungen? Meldet euch einfach bei uns per Mail unter eyfintechandbeyond@de.ey.com mit Feedback oder Vorschlägen für Themen oder Gäste.

Key TopicsThe cyclicality of trend, value, momentum, and other stylesWhy Dantes Outlook blends trend, relative strength, and dispersionManaging risk during the crucial mid-30s to 40s accumulation yearsSequence-of-returns risk and why it is the “silent killer” of retirement portfoliosHow rolling return analysis helps investors avoid misleading conclusionsThe case for global diversification beyond U.S.-centric portfoliosWhy non-U.S. equities may be entering a long-term leadership cycleMaintaining a risk mandate you can stick with across market regimesVisit us at www.dantesoutlook.com

Send us a textPeter Schenck has spent nearly two decades as an advisor, branch manager, and most recently building a team of wholesalers. He joins the and discusses his experiences as advisor and what wholesalers did to stand out. He shares practical and actionable advice on 3 topics that are currently driving advisor activity: long-term care, estate planning, and tax efficient distributions.  He also details how he's help build a wholesaler team that is exceeding their goals and creating successful partnerships within their advisor networkSupport the show

Tune in to hear:How did Florence Nightingale transform the healthcare landscape in her time?How did Rachel Carson and her book, Silent Spring, call for a greater awareness of environmental degredation and a heightened awareness of the fragility of our planet?Why did Norman Borlaug win The Nobel Prize, The Presidential Medal of Freedom and The Congressional Gold Medal? Where can his legacy be seen in the present day?Why does participating in activism lead to a greater sense of wellbeing?Why are greater levels of activism also correlated to greater physical health?LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 3005-U-25304

In this episode of the 401(k) Roundtable, Rick Unser is joined by John Beshears, Professor at Harvard Business School, and Brad Champagne, VP of Human Resources at Mission Linen Supply, to explore how behavioral finance and thoughtful plan design are reshaping retirement outcomes. They reflect on a decade of data since Mission Linen revamped its 401(k) defaults and discuss the impact of auto-enrollment, investment choices, and employee engagement. The conversation also dives into emerging ideas around emergency savings, personalized defaults, and how employers can better support financial wellness. Whether you're in HR, finance, or advising retirement plans, this episode offers actionable insight on what's working—and what's next.

Tune in to hear:How can southern author Flannery O'Conner's emphasis on the importance of truth be seen in both her writing and the way she lived her life?What did German-American psychoanalyst Erich Fromm have to say about the difference between the “having” and the “being” modes of existence? Also, what can Tennyson's and Basho's poems on flowers teach us about each mode of existence?How does contemporary advertising encourage us to confuse having and being?Why does a focus on having often come at the expense of being?LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 2978-U-25303

In this episode of Horizon Advisers Unleashed, Alex Dinser and Andrew Hinrichs sit down with John Diehl, Vice President of Hartford Funds and expert in behavioral finance, to explore how retirement planning has evolved beyond just numbers and nest eggs.Together, they unpack the concept of the “Freedom Paradox” — why having more time and choices in retirement doesn't automatically mean greater fulfillment. From purpose-driven planning to lifestyle design, this conversation dives into how emotions, identity, and behavior shape our financial decisions in this next chapter of life.Whether you're approaching retirement or guiding others through it, this episode offers a fresh perspective on aligning money with meaning — and redefining what true freedom looks like.

 Wall Street noise is loud—Barry Ritholtz shows you How Not to Invest. In this episode, we cut through models, headlines, and hype to focus on the few decisions that actually compound. Barry shares a practical framework for decision-making grounded in behavioral finance: why models are “wrong but useful,” how to build a checklist to filter signal from noise, and why broad indexing should anchor most portfolios. We dig into direct indexing for tax management, the attention economy's impact on investors, and the real effects of tariffs and Fed timing on markets and Main Street. He also maps the “two businesses” every investor must master: deploying capital quietly for decades and consuming information without getting captured by clickbait. If you're curious about AI's productivity boost, global mean reversion beyond the U.S., and realistic expectations after back-to-back strong years, this conversation is for you. By the end, you'll know How Not to Invest—and what to do instead.Connect with Barry Ritholtz: hownottoinvestbook.com Chapters:00:00 – Introduction02:32 – “All models are wrong, some are useful” & avoiding media-driven fear16:21 – Wealthy vs. middle-class planning: indexing, direct indexing, tax loss harvesting20:19 – AI's real impact on advisors, workflows, and productivity24:46 – Where are the opportunities? U.S. vs. developed ex-U.S., mean reversion35:14 – Rates, the Fed, soft landing probabilities & realistic return expectations49:33 – Gino wraps it up 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)

Tune in to this engaging episode of the Count Me In Podcast, where we sit down with Rob Stephens, founder of CFO Perspective and an expert who brings a refreshing perspective to the often complex topic of behavioral finance. Rob sheds light on how this field not only intertwines with traditional finance but actually builds upon it, introducing the human elements behind financial decisions. Perfect for CFOs, controllers, and finance teams, Rob shares real-world applications of behavioral finance in corporate settings, from mergers and acquisitions to consumer psychology. Learn about the decision-making processes that can make or break a business and discover practical tools to improve communication and awareness. Whether it's understanding the group dynamics in management or navigating the tricky waters of debt and equity, Rob's insights are invaluable. Don't miss this episode if you're looking to enhance your financial decision-making with a touch of human psychology.

Are you unknowingly sabotaging your own financial success? In this powerful episode, we break down the 9 hidden ways your brain can derail your wealth — from loss aversion and regret to herd mentality and media influence. Learn how to recognize these mental traps, correct your course, and start building lasting financial freedom.We discuss real-world examples of market behavior, mental accounting, false diversification, and why your mindset determines your money outcomes. This isn't just theory — it's your blueprint to stop self-sabotage and start compounding success.

Standard economic theory informs how we think about business strategy and the economy and presumes that people are selfish, have well-defined preferences, and consistently make welfare-maximizing choices. In other words, we are rational. But what if that is not the case?Nobel Prize-winning economist Richard Thaler is out with an updated edition of his bestselling 1991 book, "The Winner's Curse: Paradoxes and Anomalies of Economic Life." In the new edition, he and his co-author Alex Imas (both professors at the University of Chicago Booth School of Business) reflect on the last thirty years of behavioral economics and how it makes sense of tensions between our psychological biases and impulses that make us less than fully rational in practice. Using a wealth of empirical evidence, the authors explore the behavioral anomalies that contradict the expectations of standard economic theory and explain a wide range of real-world examples from banking crises to social media addiction.Earlier this month, Thaler joined Bethany and Luigi for a sold-out Capitalisn't recording in front of a live audience in Chicago to walk through the anomalies of human behavior that have endured from biblical times to the age of Big Tech. Thaler reflects on how views and the adoption of behavioral economics have changed over the last thirty years, both within academia and beyond (wonder why you can't put down your phone? Silicon Valley has read Thaler). He also shares how behavioral economics can influence public policy from canceling “junk fees” and dubious subscriptions to deciding which parts of the Affordable Care Act to keep and which are unlikely to produce their desired outcomes. Over conversation, light banter, and audience Q&A, Thaler shares his views on the state of capitalism and reveals how there is no grand unified theory of human behavior that incorporates all its irrationalities—only departures from the standard model. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Tune in to hear:How was the Japanese art of ceramic repair, kintsugi, born out of Ashikaga Yoshimasa's happy accident with a piece of Chinese ceramics? What lessons can we take from the art of kintsugi, or more broadly Wabi-sabi, regarding resilience, rebirth and the acceptance of imperfection?What has scientific research uncovered about the value of learning from past mistakes?Why does nearly winning provide more motivation than winning or losing by a big margin?What do scientific studies have to say about the optimal rate of failure for personal growth? Why might this hold true for both LLMs and humans alike?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:Why did Diogenes of Sinope stand out among other Cynic Philosophers of the time and how did he use “principled unseriousness” to bring levity and illuminate truths about life?What did the lantern that Diogenes carried with him symbolize metaphorically?Why was Plato such a strong critic of laughter and why did he believe that it was an emotion that can override self-control?What styles of humor are most predictive of improved functioning and thriving? What styles of humor predict just the opposite?What did Viktor Frankl say about the critical role of humor in his work Man's Search for Meaning?LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 2886-U-25295

Joe Anderson, CFP® and Big Al Clopine, CPA tackle the fears that mess with even the best-laid financial plans, today on Your Money, Your Wealth® podcast 552. Big Wallet Barbie and Ken from the Midwest have saved millions, but Barbie's still worried about retiring early, buying a new house, and converting to Roth. Is she second-guessing her plans? The fellas spitball for Dan from Florida, who's flying high in the 35% tax bracket and trying to decide between Roth 401(k) contributions and future Roth conversions. They also float a surprising idea - one that's rare on YMYW - for a listener from Chicago who is FIRE'd Up about Roth vs. pre-tax and making a tax-smart wealth transfer. We'll wrap up with a couple of your comments. Free Financial Resources in This Episode: https://bit.ly/ymyw-552 (full show notes & episode transcript) Emotionless Investing Guide The Truth About Your Love/Hate Relationship With Money - YMYW TV Financial Blueprint (self-guided) Financial Assessment (Meet with an experienced professional) REQUEST your Retirement Spitball Analysis DOWNLOAD more free guides READ financial blogs WATCH educational videos SUBSCRIBE to the YMYW Newsletter   Connect With Us: YouTube: Subscribe and join the conversation in the comments Podcast apps: subscribe or follow YMYW in your favorite Apple Podcasts: leave your honest reviews and ratings   Chapters:  00:00 - Intro: This Week on the YMYW Podcast 00:49 - Big Wallet Barbie and Ken's Roth Conversion, Retirement, and Home Purchase Strategy (Barbie Mattel, Midwest) 08:58 - Roth 401(k) Contributions or Roth Conversions? Flying High in the 35% Tax Bracket (Dan, FL) 17:23 - High-Earners Planning FIRE and Wealth Transfer: Roth, Pre-Tax… Life Insurance? (FIRE'd Up, Chicago) 29:56 - Correction on Spousal Social Security Benefits After the Fairness Act (Cindy) 33:37 - Follow Up: The Kids Are Pretty Alright (Lucas, MN) 34:44 - Outro: Next Week on the YMYW Podcast

Brian dives into an unexpected connection between global trade, the cattle industry, and personal finance. With news of the U.S. considering deals to import Argentinian beef, Brian explores how capitalism, protectionism, and politics shape the prices we pay at the grocery store, and ultimately what that means for American ranchers and consumers alike. Also, how economic shifts ripple through your household budget, why government shutdowns and furloughs are wake-up calls for financial preparedness, and how to build resilience through smart, behavior-based money decisions. Drawing from 25 years of experience helping clients weather every market cycle, he shares timeless lessons on staying disciplined through uncertainty, keeping emotion out of investing, and protecting your financial “herd” when times get lean.   Listen, Watch, Subscribe, Ask! https://www.therealmoneypros.com Host: Brian Wiley

Tune in to hear:What mindset differences does Brad notice between advisors who are barely getting by and the ones who are 2-4xing their business?Why is focusing on talent acquisition and having a convincing growth story such an important part of growing your business?What is the baseline mindset that Brad often has to move advisors away from to encourage their growth?What distinguishes high-growth cultures from mediocre cultures and what are some actionable ways a company can improve their culture?What's the psychology behind closing the knowing-doing gap for advisors?What are two actionable things listeners can begin practicing today to grow themselves or their business?LinksThe Soul of WealthOrion's Market Volatility PortalBrad Johnson on TwitterConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 2721-U-25279

Tune in to hear:What is “The Betty Crocker Effect” and what psychological principle explains this phenomenon? What does this say about the perceived relationship between effort and value?Why is effort generally thought of as a cost in classical economics and why does this way of thinking about it often get it wrong?Thomas Payne stated “that which we obtain too easily, we esteem too lightly.” How does this play out in the case of money that is inherited, or won, versus money that was worked for?Do animals also show a preference for rewards they worked for versus those they were just given?Why are we so wired for laziness, and conserving energy, even though we derive so much pleasure from hard work?Why is our proclivity for energy conservation particularly dangerous in contemporary 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: 2511-U-25260

Tune in to hear:What did Siddhartha Gautama, The Buddha, discover when he left his father's palace and how did this inform his philosophy going forward? What are Buddhism's “four signs” that he then witnessed and how did this spur on his quest for enlightenment?For Proust, what is the only true voyage of discovery and foundation of eternal youth?What does mindfulness look like in practice? Also, what have researchers discovered as the constituent parts of mindfulness?How do “reappraisal” and “savoring” play into the relationship between mindfulness and meaning in MMT (Mindfulness to Meaning Theory)?Try an exercise in mindfulness while listening to today's show.LinksThe Soul of WealthOrion's Market Volatility PortalConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 2500-U-25259

Tune in to hear:What can we learn from circus animals about learned helplessness and how can we free ourselves from the chains of a small existence we feel we can't escape?What are the positive and negative implications of habituation? How does it serve us evolutionarily and how can it hold us back?How does habituation affect the joy we get from our favorite songs and how can we renew this joy when we've overplayed a song?How can we change things up to disrupt our status quo and tendency for habituation?Why is diversifying your experiences, and your life overall, just as vital as diversifying your portfolio?What does Existentialist Jean Paul Sartre mean by his example of a waiter who is “playing at being a waiter in a cafe?” What does Sartre mean that he is acting in “bad faith” and how can we think about this in our own 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: 2371-U-25246

Behavioral finance is often viewed as abstract but it can be a powerful, practical tool for helping clients make better decisions and build lives that align with what matters most. This episode explores how applying behavioral insights and positive psychology can deepen client relationships and drive more meaningful planning conversations. Dr. Daniel Crosby is the Chief Behavioral Officer at Orion, a technology platform serving financial advisors. Listen in as Daniel shares how he's turned complex behavioral concepts into usable advisor tools, including a “money personality” framework and a flourishing goals assessment. We talk about why understanding where clients fall on five key money dimensions - like communication style or spending vs. saving - can help reduce judgment and improve client outcomes, and how identifying gaps between what clients value and how they feel they're doing in life can spark more relevant financial goals. Daniel also reflects on why advisors must examine their own money beliefs and blind spots, and how practicing nonjudgmental listening may be the most powerful behavioral tool of all. For show notes and more visit: https://www.kitces.com/454

Chris's SummaryJim and I look at behavioral finance in retirement planning, noting that spending from secure income feels safer while drawing from assets feels like a loss. People resist balances going down after decades of saving, even though the money was built to be spent. We highlight how framing savings as deferred spending and covering […] The post Behavioral Finance in Retirement Planning: EDU #2536 appeared first on The Retirement and IRA Show.