Podcasts about behavioral investing

Tune in to hear:What insight did Joe have that prompted him to start applying Behavioral Finance in practical ways while much of the industry was focused elsewhere?Why are so many firms relying on the old-fashioned educational approach when building client-centric tools and technology seems to be the way forward?What is an example of a compelling promise a wealth management firm could make to their clients?Is it time for those who entered the business because they love picking stocks and crunching numbers to roll off, re-educate or learn new skills? Also, what can we do to attract the next generation of talent?When Joe looks at the RIAs he'd want to invest in vs. those he would pass on, what are the defining differences between them?How can Joe separate the wheat from the chaff during their vetting process?LinksJoe Duran on LinkedInRise Growth PartnersJoe Duran on TwitterConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 3066-OAS-11/27/2024

Tune in to hear:What elements do “tulip mania,” the roaring twenties and the .com bubble share and what should be our biggest takeaway from these historic market events?What is the "affect heuristic" and how should we be thinking about it in relation to our investment decision making?How do the emotional states of euphoria and despair effect our risk tolerance? Do these emotions also effect how much we are willing to pay or sell an asset for also?What are somatic markers and how do they influence our decision making process?What can we learn from “circular techniques” in martial arts?What is the “Save More Tomorrow” Campaign and how does it exploit our status quo bias for good?How can goals based investing create more emotional buy in to your portfolio?LinksThe Soul of WealthConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 2339-OAS-9/12/2024

Send us a textJoin me as we kick off the exciting second season of Not Another Investment Podcast, featuring an in-depth conversation with Jeff Henriksen, the visionary founder of Thorpe Abbotts Capital. This episode offers a wealth of insights into the realm of behavioral investing and market dynamics, particularly within the US small-cap equity landscape. Jeff sheds light on market inefficiencies caused by behavioral mispricings and unravels how he uses those as a tool for seizing opportunities amidst market biases. Gain a fresh perspective on how crowd wisdom can enhance market efficiency and the intricate dance between investor preferences and market errors.Listeners will be intrigued by our exploration of market extremes and valuation reversals, where we dissect the patterns of systematic behavioral mistakes that create windows for strategic investing. Using Keynes' analogy of newspaper beauty pageants, we unpack how collective biases can cloud intrinsic value assessments, especially under the influence of inflation and fluctuating interest rates. Dive into the concept of the "correction fulcrum" and discover how markets self-correct after overreactions. Our conversation also delves into Mandelbrot's fractal theories, highlighting the potential for arbitrage across market cycles.The conversation provides a thought-provoking discussion of the interplay between passive investing and active strategies like Jeff's. Understand how passive funds can inadvertently intensify market cycles, presenting challenges for active managers while simultaneously offering strategic openings for those adept at navigating market momentum.Whether you're a seasoned investor or new to the market, this episode promises to equip you with actionable insights and a deeper understanding of market behavior, enriching your investment journey.Research links:Cochrane, Discount Rates (2011)Mandelbrot, The (Mis)behavior of MarketsDamadoran, Narrative and Numbers: The Value of Stories in Business Soros, The Theory of ReflexivityBhaskar & Suleyman, The Coming Wave: Technology, Power, and Twenty-first Century's Greatest DilemmaBernanke, 21st Century Monetary PolicyGabaix & Koijen, In Search of the Origins of Financial Fluctuations:  The Inelastic Markets HypothesisThanks for listening! Please be sure to review the podcast or send your comments to me by email at info@not-another-investment-podcast.com. And tell your friends!

Tune in to hear:What makes women so uniquely good as behavioral investors?Why have many thought of women as particularly risk averse for so many years and what systems, on the trading floor and elsewhere, have perpetuated this misconception?Some book recommendations on women in investing and its history.Examples of how insidious the bias against women in finance can be.What can we do to attract more women to financial services when we know they are so well suited for the field?What can we be doing better, as an industry, around how we treat and communicate with our clients who are women?Why is the financial services industry seeing fewer and fewer new recruits and how can we get young talent interested in this work? Might career changers play a big role here?If Lindsey were to design a training and hiring program for new advisors, what changes might she make to improve the terrible attrition rate the industry currently has?LinksLindsey Lewis on LinkedInLindsey Lewis on InstagramThe Center for Women in Financial ServicesWomen Working in Wealth PodcastConnect with UsMeet Dr. Daniel CrosbyCheck Out All of Orion's PodcastsPower Your Growth with OrionCompliance Code: 0620-OAS-3/11/2024

Tune in to hear:- If so much of what accounts for our behavior is habitual, what hope do we have and how can we change that as we look to the New Year?- Why do such small bits of friction have an outsized influence on our behavior?- Does publicly stating your goals have any drawbacks or does it help you stay accountable?- What is the rhyme-as-reason or fluency effect and how might understanding these effects impact your client education?- Why can subtle tweaks in the framing of an appeal have such massive impacts on how it is received ?- In a field like finance, what is an appropriate application of the behavioral reality that humor is sticky without coming across as unserious?https://www.richardshotton.comhttps://www.astroten.co.ukCompliance Code: 0023-OAS-1/3/2024Orion Portfolio Solutions, LLC, an Orion Company, is a registered investment advisor. Custom Indexing offered through Orion Portfolio Solutions, LLC a registered investment advisor.

Tune in to hear:- What is all weather investing and what are its behavioral underpinnings?- Does Eric strategically rebalance the all weather portfolios or are the allocations fairly static? If they are dynamic, what signals do they look for when making a change?- What is the trend-oriented global macro program that Eric implements?- How can one strike a balance between the realities of trying to sell product, run a business and make their clients happy with this very measured, all weather approach?- Why do alts often fall short of their promise and how does Eric strive to be very different in his approach to alternative investments? - Eric thinks that markets and trend can be a canary in the coal mine for larger events. How does he think this plays out broadly and on a more granular level?- Why led Eric to using a very systematic approach to investing?- Eric describes himself as a bit pessimistic - what steps does he put in place to help him overcome this pessimism when considering allocations?- Many experts think that a classic 60/40 model might not best serve us going forward. What has caused them to question something with such a long and successful track record and what would it take for them to change their minds about this?Compliance Code: 2985-OAS-11/1/2023https://www.standpointfunds.com

Tune in to hear:- What convinces Akhil that we can forecast markets with any level of precision when lots of highly intelligent people have tried and failed?- How often does Akhil think market cycles occur, on average, and how can we use that to our benefit?- Once novel market anomalies or truths are discovered, they tend to get arbitraged away to zero unless they have a behavioral element to them that is hard to predict. Is there a behavioral thread that runs through the sorts of cycles Akhil talks about, or does he fear that by publishing this book, that the information might get arbitraged away?- On a high level, what does Akhil's model focus on in particular and how did he come across it? Why does he place such primacy on the land market within markets more generally?- What brings about the recovery stage and what is going on in peoples' heads in these moments?- During the mid-cycle is there broad recognition that things are getting better or are peoples' brains somewhat stuck in the prior cycle?- What is going on, psychologically speaking, during a market boom cycle?- What can we learn from the Great Financial Crisis of 07-08'?- What phase of the cycle does Akhil think we are in at the moment and how does Covid overlap with his market cycle model?- Does Akhil think that investment recommendations can be made based on these market cycles, or is it simply an expectation management tool?- How can we make better sense of Covid's impact on real estate prices?https://thesecretwealthadvantage.comOrion Portfolio Solutions, LLC, an Orion Company, is a registered investment advisor. Custom Indexing offered through Orion Portfolio Solutions, LLC a registered investment advisor.Compliance Code: 2739-OAS-10/3/2023

Wondering how to make good decisions when it comes to investing amidst the daily barrage of negative news affecting the market? In this episode of “Your Money. Your Mission.”, Kelly speaks with Joe Maier, Director of Wealth Strategy at Johnson Financial Group, to tackle the challenges of investing during turbulent market conditions. Joe highlights the three critical components of financial success: investment performance, tax minimization, and behavior. Surprisingly, behavior plays a more significant role in economic success than investment performance, which is often overemphasized by the media. Joe explains how human emotions and biases impact financial decisions and recommends a financial advisor who combines the roles of a biographer, analyst, and coach to navigate these emotions and develop a strategy focused on individual motivations and goals. The episode emphasizes the importance of understanding the role of emotions in financial decision-making and seeking professional advice to overcome emotional biases and achieve financial success.Submit a question on Your Money. Your Mission.Click here to enter giveaway

Tune in to hear: - Some people think that “we can only take our clients as far as we have gone ourselves and that we must do our own work.” Does Neil believe this and, if so, what does “doing the work” look like in the context of a financial professional?- What is Carl Jung's idea of “a wounded healer?” Also, in terms of our own story, how can we walk the line between being vulnerable and approachable without making our time with the client all about us?- What are the most common sources of stress for financial advisors and what is the potential fallout of stressed advisors trying to comfort stressed advisors? - What are some practical tips for helping advisors manage the stress that can accompany a bad bear market?- Where does Neil think the financial services industry is headed over the next decade?Compliance Code: 1956-OAS-7/21/2023https://www.neilbage.co.uk

Certainly, with all the fancy computers and smart math folks in the world, there has to be a magic formula out there that balances risk and returns and gets the best investment returns out there for everyone, right? Even if there was such a thing (and we'll discuss modern portfolio theory out of the gate), there is a common variable that makes makes the math inadequate: You. Yes, humans are an unpredictable bucket of erratic of behavior who can spoil even the most prudent and successful investing theory. That's why it's important to factor in human behavior when making with, sticking to, and bailing from investment decisions. This week we'll talk about the behavioral investor theory and the things humans are prone to that can poison their own well, including having a confirmation bias, holding on to losers too long, taking on excessive risk due to overconfidence, and many more. To learn more about our philosophy, check out uncommonwealth.com, listen to the back episodes of this podcast, or shoot us an email at podcast@uncommonwealth.com.

Understanding your investment is so crucial to success. However, most investors do not put the time and effort in. This leaves them open to being "knocked off the track" when something happens. This week we take a brief look at Next plc and use them as an example of how this can happen and how YOU can benefit from it. Diary of a UK Stock Investor Podcast is a show for everyday retail investors. Focusing on successful investing in UK stocks discussing education, strategy, mindset, ideas and even stock picks and analysis. The show is curated by Chris Chillingworth, a UK investor for some 9 years whose stockpicks have achieved a 16.8% annual average return between Jan 2014 - Jan 2023. He shares his analysis and results via his website https://chrischillingworth.com 

Tune in to hear:- How does Dr. Koochel define financial wellness, how did she arrive at this definition and what practical difference does this make in her work?- What are three actionable steps advisors can take to incorporate financial wellness into their planning conversations?- How can advisors point out inconsistencies between someone's professed values and their actions while remaining empathetic and thoughtful about how they communicate this? - What is the role of financial psychology in meeting the demand for personalization and what do some of these solutions look like?- What are some of the road blocks to implementing financial psychology in practice?- Some people just want an old school advisor who is a subject matter expert and who simply allocates their assets effectively. What does personalization look like for this client and do we have a duty to sell them on the BeFi side of things?- Should BeFi approaches be embedded in one's advisory practice in a subtle way or should firms advertise this feature directly?- How can financial advisors better serve their clients during big life transitions beyond simply reaching a numeric investment goal?https://www.linkedin.com/in/emilykoochelCompliance Code: 0409-OAS-2/10/2023Copy: 0356-OAS-2/7/2023

Tune in to hear:- Why did Eben's company Toews create the holiday “ National Investment Risk Management Day?”- What are some of Eben's candidates for the worst investment ideas of the year?- How can we be open to innovation and progress without becoming too easy to fool?- For folks who did “everything right” last year, they still had a really tough year - how can we convince people to engage in prudent risk management behaviors when you are still going to take a hit sometimes regardless of doing the right thing? - How can investors be thoughtful about managing risk once they have the basics of a diversified portfolio covered?- Toews has a yearly survey that compares advisor and end investor perceptions across a couple market realities - where are they finding that advisors and clients seeing eye to eye and where do they see things differently?- What would Eben council advisors do differently based on the findings of the above study?https://toewscorp.comhttps://biicoaching.comCompliance Code: 0363-OAS-2/8/2023Copy: 0356-OAS-2/7/2023

Tune in to hear:- What has Tim found helpful in helping clients to articulate their life purpose in a practical way?- What is an effective life planning strategy for ultra-high net worth individuals that don't have a super specific “raison d'etre?”- How can we practically communicate to clients that they are whole and how do we create an environment that encourages them to draw from their internal resources?- Does Victor Frankl or Logo Therapy have anything to teach us about how to connect with clients during times of great sadness and personal distress?- Giving money away is found to reliably be a way in which “money can buy happiness.” Is it appropriate to introduce this concept to clients who don't have a natural inclination towards altruism?- What is paradoxical intention? Does this have a place within the field of financial advising?- How does Tim Maurer try to introduce the Socratic dialogue in his work?www.triadfa.comwww.timmaurer.com

It's time to talk about psychology.Check The Lead-Lag Report on your favorite social networks.Twitter: https://twitter.com/leadlagreportYouTube: https://www.youtube.com/c/theleadlagreportFacebook: https://www.facebook.com/leadlagreportInstagram: https://instagram.com/leadlagreport                  Sign up for The Lead-Lag Report at www.leadlagreport.com and use promo code PODCAST30 for 2 weeks free and 30% off.                  Nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities.                  The content in this program is for informational purposes only. You should not construe any information or other material as investment, financial, tax, or other advice. The views expressed by the participants are solely their own. A participant may have taken or recommended any investment position discussed, but may close such position or alter its recommendation at any time without notice. Nothing contained in this program constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments in any jurisdiction. Please consult your own investment or financial advisor for advice related to all investment decisions.See disclosures for The Lead-Lag Report here: The Lead-Lag Report (leadlagreport.com)Alpha UncutIf you are ANTI-‘WOKE' and love freedom, entrepreneurship, success, financial literacy,...Listen on: Apple Podcasts Spotify La Langue Anglaise PodcastThis podcast was created to help Beginners learn English in a natural way! Listen on: Apple Podcasts Spotify

Our emotions and impulses dictate many of the choices we make. During times of financial volatility, emotions can run hotter until fear and greed take hold, jostling the resolve of even the most confident of investors. To better understand how psychological biases and behaviors can impact our financial decisions, Tony spoke with Dr. Stephen Shu, visiting lecturer on behavioral economics at Dyson School of Applied Economics and Management at Cornell University.

About Our Guest James Woodall recalled being frustrated at not knowing who or where to turn to for answers on personal finance as he wrestled with issues like taxes, investments, company-provided benefits, insurance etc. He turned to friends and looking back, was lucky to not derail his investment accounts with some of the suggestions that he was getting. This is what got him started on his personal finance journey – by reading everything he could lay his hands on (some great, some not so great, some just completely off) and by explaining these concepts to anybody that would listen. He made it his goal to simplify wealth management and take the stress out of retirement planning. Before starting Woodall Wealth Management, James Woodall worked for a well-known mutual fund and brokerage firm where he talked to thousands of clients and worked on hundreds of thousands of accounts, showing him what worked and what didn't. This led James to design a firm to serve successful families looking for advisors that they want to build a deep relationship with and understand their needs. James earned a Bachelor's of Science degree in International Economics from Texas Tech University and was trained in Financial Planning at Southern Methodist University. In addition to passing the Certified Financial Planner (CFP®) exam, Uniform Investment Adviser Law (Series 65) exam and the General lines - Life, Accident, Health and HMO Insurance exams. Connect with James Website: woodallwealthmanagement.com Connect with Tiffany on Social Media Facebook: Money Talk With Tiff Twitter: @moneytalkwitht Instagram: @moneytalkwitht LinkedIn: Tiffany Grant    

There are a multitude of factors that go into an individual's investment choices. This week on The Yield, Peter Kerr, CFA is joined by Dr. Daniel Crosby, Chief Behavioral Officer at Orion Advisor Solutions, a tech powerhouse designed to bring together bleeding edge technology and wealth management, to discuss these factors, and the trends in investor sentiment.

CNBC's Bob Pisani spoke with Christian Magoon, CEO of Amplify ETFs – along with Mike Akins, CEO of ETF Action and Dan Egan, Vice President of Behavioral Investing at Betterment. They tackled today's major sell-off head-on, touching on ways to weather the storm of red-hot inflation. Plus, are retail investors hitting the panic button yet? They also dug deep into crypto getting crushed today – and discussed the latest home-buying habits in this era of mounting mortgage rates. In the Markets ‘102' portion of the podcast, Bob continues the conversation with Mike Akins from ETF Action.

Tune in to hear:- How does non-compliance with advice, and the gap between knowing and doing, present on a macro level and impact our lives?- Is the financial services industry, as a whole, guilty of delivering advice without much regard for how it is retained and implemented?- How is the term non-compliance potentially problematic?- What are some individual characteristics of advice givers that helps their advice be stickier?- What are some of the big drivers that cause professionals to use too much jargon?- What are some potential resources for financial advisors who are hoping to be more culturally sensitive?https://moneymindandmeaning.comCompliance Code: 0430-OAS-3/9/2022 

Understanding our psychological tendencies is the first step to becoming a better investor in the stock market but in order to mitigate the risk that comes from our behavior, we must create systems for investing. Dr. Daniel Crosby defines this as behavioral risk and outlines the 4 C's (Consistency, Clarity, Courageousness, Conviction) and the 5 P's (Price, Property, Pitfalls, People, Push) to help manage this type of risk. We appreciate each and every one of you guys. #AODFamily Instagram: https://www.instagram.com/adaptordie/ Tiktok: https://tiktok.com/@aodmedia Clothing: https://aodfashion.com/ Youtube: https://youtu.be/_6pNHhljLa0 Source: The Laws of Wealth by Dr. Daniel Crosby

With Dr. Dan Geller, Founder of Analyticom.com

Our guest today is Drew Dickson, founder of Albert Bridge Capital and CIO of the Alpha Europe funds. Our conversation today focuses on Drew's application of behavioral finance and fundamental analysis. We start with his time at the University of Chicago and learning from people like Merton Miller, Gene Fama and Richard Thaler, and then hear how he applies those behavioral principles when analyzing the market today. We talk about the valuation differences between the US and Europe, and then specifically the differences between value and growth in both regions, and get his thoughts on some of the speculation we're seeing in the market today. As we wind down, we talk about some of Drew's posts about the intersection of investing and sports. We cover James Harden & the paradox of skill and Rick Barry and being willing to look different. Our co-hosts today are Frank Garcia, CFA, and Colby Donovan. Please enjoy the episode.  Follow the CFA Society of Orlando on Twitter at @CFAOrlandoFL   Resources: Drew's Writing James Harden and Alpha Bill Sharpe and Hank Aaron Rick Barry and Lewis Carroll A Memo to Investors Should Europe Be Cheap   Malcolm Gladwell's Podcast on Rick Barry: The Big Man Can't Shoot

Our guest on the podcast today is psychologist and author Dr. Daniel Crosby. Daniel is the chief behavioral officer at Orion Advisor Solutions. Daniel has written numerous books on behavioral finance, including The Behavioral Investor, The Laws of Wealth: Psychology and The Secret to Investor Success, and You're Not That Great. Daniel also hosts his own podcast called Standard Deviations. He received his Bachelor of Science and doctorate at Brigham Young University. BackgroundBioThe Behavioral Investor, by Daniel CrosbyThe Laws of Wealth: Psychology and the Secret to Investor Success, by Dr. Daniel CrosbyYou're Not That Great, by Daniel Crosby, Ph.D.Standard Deviations podcastOrion Advisor Solutions Current Environment“3 Tips to Handle Financial Peer Pressure With Ease,” ally.com, Aug. 18, 2021.“Loneliness and Social Isolation as Risk Factors for Mortality: A Meta-Analytic Review,” by Julianne Holt-Lunstad and Timothy Smith, scholarsarchive.byu.edu, 2015.“Episode #337: Professor Richard Thaler, University of Chicago, ‘When Somebody Would Fire Us, It Was Almost Always at Exactly the Wrong Time,'” The Meb Faber Show podcast, mebfaber.com, Aug. 4, 2021.“Help Wanted: How Investor Behavior Is Rewriting the Job Description of Financial Professionals,” Natixis Global Survey of Individual Investors, fa-mag.com, 2016.Orion Advisor TechnologyBetterment“Jason Zweig: Temperament Is Everything for Most Investors,” The Long View podcast, Morningstar.com, June 29, 2021.Pandemic“The Strange Psychology of COVID-19 and Investor Behavior,” by Daniel Crosby, Kiplinger.com, Aug. 11, 2020.“Daniel Crosby: Investing Rules for Uncertain Times,” by Daniel Crosby, investec.com, June 4, 2020.“When It Rains,” by Daniel Crosby, blog.brinkercapital.com, 2020.“How COVID-19 Will Impact the Future of Investor Behavior,” by Daniel Crosby, blog.brinkercapital.com, 2020.Behavioral Finance and Investing“Daniel Crosby on the Three E's of Behavioral Investing,” financialplanningassociation.org, August 2021.“The BIG List of Behavioral Nudges,” by Daniel Crosby, blog.brinkercapital.com, 2019. “Robert Shiller: 'Wild West' Mentality Is Gripping Housing, Stocks and Crypto,” by Stephanie Landsman, cnbc.com, May 24, 2021.“Dr. Daniel Crosby's Three Drivers of Human Behavior,” E-book by Daniel Crosby, orionadvisortech.com. “The Formula for Happiness: Wanting What You Have,” by Daniel Crosby, blog.brinkercapital.com, 2019.“Can Money Buy Happiness? Sort Of,” by Daniel Crosby, linkedin.com, July 19, 2016.“What Is the PERMA Model?” corporatefinanceinstitute.com.Denise ShullDaniel KahnemanStandard Deviations Podcast“Christine Benz--Goals Based Approaches to Retirement,” Standard Deviations podcast with Daniel Crosby, standarddeviationspod.com, April 11, 2019.“Morgan Housel--The Psychology of Money,” Standard Deviations podcast with Daniel Crosby, standarddeviationspod.com, Sept. 4, 2019. “Jim O'Shaughnessy--What Works on Wall Street,” Standard Deviations podcast with Daniel Crosby, podcasts.apple.com, Aug. 14, 2019.

Tune in to hear:- How does Dr. Cherry implement “The Big 5” personality test in his practice? Does he approach clients with different personality traits in novel ways to better help them problem solve?- How were The Big 5 traits ultimately arrived upon?- How might one shift communication with their client if the client displays high levels of anxiety? Should the actual asset allocation look different for them or is the anxiety simply approached in the coaching process?- How can financial professional be authentic and transparent without making it totally about us and our story?- How does Dr. Cherry use life and money stories to help elicit trauma and what does he do with this information once it's revealed?- What is “the stages of change” theory?- What is a money trauma that a client might need to admit before moving forward?- What's the key difference between admitting you have a problem and acknowledging that?https://www.concurrentfp.com/financial-planner-dr-preston-cherryCompliance Code: 1938-OAS-6/30/2021

Dan McMurtie is a 28-year-old founder, portfolio manager, and Twitter legend more commonly known to his nearly 60,000 followers as @SuperMugatu. He’s an insanely funny, original and inspiring guy who knows a lot about social media, maintaining an audience and the behavioral side of investing. Dan’s New York-based hedge fund, Tyro Partners LLC, focuses on trends and supply chains driving technology, healthcare, industrial, and consumer markets. In this episode, we cover a lot of topics: Dan’s big social media break, Wall Street culture, crypto, information overload, the 90% rule, Warren Buffett’s cult-like branding, the markets, and more. Enjoy!  Guest - Dan McMurtrie, Co-founder and CEO at Tyro Partners LLC  howardlindzon.com, tyropartners.com  Twitter: @howardlindzon, @SuperMugatu, @tyropartners, @AnchorlessBD, @knutjensen, @Nikita_Arora17  linkedin.com/in/danmcmurtrie  #fintech #invest #investment #venturecapital #stockmarket #finance 

Welcome to Episode 43 of Retire Me. Today we talk about the 8 great behavioral investment mistakes.  If you can avoid these, you can sort of "back into" success as an investor. The great mistakes we discuss are: 1) Overdiversification 2) Underdiversification 3) Euphoria 4) Panic 5) Leverage 6) Speculating when you think you're investing 7) Investing for yield instead of total return 8) Letting your cost basis dictate your investment decisions Show note, references, and links can be found on by blog at www.walhoutfinancial.ca/podcast Send your questions to retiremepod@gmail.com Thanks for listening! Mark

Value investing requires a forward-thinking mindset. Are you forward-thinking? Tom Cole, CEO of Distillate Capital Partners and Roger Veome Managing Director of Investments with Alex Brown focus us on the future of value investing; assessing and accessing the markets, and, risk. Plus, Roger Veome plugs the James R. Jordan Foundation. We thank Tom and Distillate Capital Partners for sponsoring the LIVE ETF Think Tank Exchange and this Podcast. Visit etfthinktank.com, your source for ETF ideas, thought leadership, strategies, tools and growth tactics. 

Andrew (Drew) Dickson is the founder of Albert Bridge Capital, and CIO of the Alpha Europe funds. He has over 20 years of industry experience, and previously was a partner in the asset management division of Perella Weinberg Partners (PWP). Mr Dickson holds an MBA from the University of Chicago Booth School of Business, where he was a research assistant for behavioural economist Richard Thaler, as well as a BSc. from Purdue University. Drew's Twitter: https://twitter.com/AlbertBridgeCapDrew's Website: https://www.albertbridgecapital.com/ ABOUT THE PODCAST Hi, I'm Tobias Carlisle. I've launched a new podcast called The Acquirers Podcast. The podcast is about finding undervalued stocks, deep value investing, hedge funds, activism, buyouts, and special situations. We uncover the tactics and strategies for finding good investments, managing risk, dealing with bad luck, and maximizing success. SEE LATEST EPISODES https://acquirersmultiple.com/podcast/ SEE OUR FREE DEEP VALUE STOCK SCREENER https://acquirersmultiple.com/screener/ FOLLOW TOBIAS Firm: https://acquirersfunds.com/ Website: https://acquirersmultiple.com/ Twitter: https://twitter.com/Greenbackd LinkedIn: https://www.linkedin.com/in/tobycarlisle Facebook: https://www.facebook.com/tobiascarlisle Instagram: https://www.instagram.com/tobias_carlisle ABOUT TOBIAS CARLISLE Tobias Carlisle is the founder of The Acquirer’s Multiple®, and Acquirers Funds®. He is best known as the author of the #1 new release in Amazon’s Business and Finance The Acquirer’s Multiple: How the Billionaire Contrarians of Deep Value Beat the Market, the Amazon best-sellers Deep Value: Why Activists Investors and Other Contrarians Battle for Control of Losing Corporations (2014) (https://amzn.to/2VwvAGF), Quantitative Value: A Practitioner’s Guide to Automating Intelligent Investment and Eliminating Behavioral Errors (2012) (https://amzn.to/2SDDxrN), and Concentrated Investing: Strategies of the World’s Greatest Concentrated Value Investors (2016) (https://amzn.to/2SEEjVn). He has extensive experience in investment management, business valuation, public comp

Dan White's Radio Show: On The Money Dan White keeps listeners in the Philadelphia and Delaware Region up-to-date with the most pressing financial issues. With over 33 years of professional financial planning experience, Dan has a talent of explaining the complex issues in his weekly show. Dan White is a Financial Specialist in the tri-state area who focuses his practice on income and transitional planning. As a highly regarded professional in the industry, Dan has been published both nationally and locally. Nationally, you can find him in Fox Business News, Forbes, CNN Money, U.S. News & World Report, Market Watch from Dow Jones, Wall Street Journal, Philadelphia Business Journal, The Delaware County Daily Times, and The Philadelphia Inquirer. Locally, he is known as an expert financial contributor in Kennett Square Neighbor, Garnet Valley Living, West Chester Living, Chadds Ford Neighbors, and East Braford Neighbors Magazines. In addition, Dan hosts a weekly radio show on WDEL (101.7 FM / 1150 AM) every Sunday morning at 7am called “On the Money”. He can also be heard on the WDEL Rick Jensen show, on Wednesday afternoons, with the “Dan White Retirement Tip of the Day”. Dan was born and raised in Delaware County, only separating during his college years at State College. Dan and his wife Cindy have been married over 30 years. They have four children; Jessica, Justin, Dylan, and Zachary. Dan is an active member of his church, and a very passionate sports fan! In his spare time, you can find him at a Phillies Baseball Game or Penn State University cheering on the Nittany Lions. Dan and his family also enjoy spending their summers at their beach house in Ocean City, New Jersey. (610) 358-8942 | Daniel A. White & Associates, LLC | 51 Woodland Drive, Glen Mills, PA 19342 | www.danwhiteandassociates.com

Brian and Tom discuss James Montier's "The Little Book of Behavioral Investing" Topics cover some of the mental errors we are likely to make as investors, and how to protect our portfolios from those errors. This is a long episode, but well worth the time...or just buy the book!  Support this podcast at — https://redcircle.com/fierce-fiduciary-podcast/donations

Welcome to the 5th episode of the podcast. I am joined by a very very special guest, Mark W. Nelson, The Dean at Cornell University’s School of Business.Mark W. Nelson is the Anne and Elmer Lindseth Dean and Professor of Accounting at the Samuel Curtis Johnson Graduate School of Management in Cornell’s SC Johnson College of Business. He received his BBA degree from Iowa State University and his MA and PhD degrees from The Ohio State University.Dean Nelson is responsible for Johnson’s three residential MBA programs, four Executive MBA programs, and two MPS programs. In that role, he oversees the research and teaching of Johnson’s faculty and the activities of Johnson’s staff in both Ithaca and New York City, as well as partnerships with Queens University, Tsinghua University, Weill Cornell Medicine and Cornell Tech. Dean Nelson also serves on the leadership team of the Cornell SC Johnson College of Business, and has responsibilities relevant to the overall activities of the College as well as to various research centers and institutes.Dean Nelson’s teaching has focused on intermediate financial accounting and financial reporting, as well as judgment and decision making in accounting. He has received ten teaching awards at Cornell and Ohio State, including the American Accounting Association’s inaugural Cook Prize for graduate teaching excellence. He is a coauthor (with Spiceland and Thomas) of Intermediate Accounting.Dean Nelson’s research examines psychological and economic factors that influence how people make decisions with financial information; interpret and apply accounting, auditing, and tax regulations; and trade in financial markets. His research has been published widely in accounting and psychology, and has been acknowledged with the AAA's Notable Contribution to Accounting Literature Award, the AAA’s Wildman Medal, AJPT’s inaugural Best Paper Award, and the Johnson School's Faculty Research Award.Dean Nelson’s external service includes three terms as an editor of the Accounting Review and four years on the FASB’s Financial Accounting Standards Advisory Council.

Investing is as much of an art is it is a science. Which is why our behaviour and our emotions can have a strong impact on our ability to make optimal investment decisions.Understanding behavioural investing and how you can overcome your emotions to make important investment decisions can be integral to achieving your long-term goals. The Little Book of Behavioural Investing by James Montier explains the important behavioral challenges faced by investors. Listen to this Podcast by Edelweiss MF & learn more!1. More often than not, investors are their own worst enemies. They let their emotions get in the way of making objective investment decisions. 2. According to some psychologists, our brain processes information in two ways, using two systems- the X system and the C system. The X system is more emotionally oriented and impulsive. It is the brain's default mode of operation that comes into play automatically and effortlessly for generally quick responses. 3. The C system is not just more logical but is also slower than the X System. People who use the C System usually take time to take a step back, assess the situation, and then take a decision. 4. It because of the X System that we often let our behavioural and emotional biases overcome investment decision making.5. The X System makes us over-confident and over-optimistic about our ability to make investment decisions and discourages us from thinking logically. 6. This gives rise to empathy gaps, ie., an inability to predict or control our future behaviour especially in an environment of emotional stress. When it comes to investing, empathy gaps can lead to massive losses. To avoid making mistakes due to empathy gaps, Montier advises the strategy of pre-commitment: to plan your investment when you are not agitated and the markets are stable.7. Another behavioural bias that can be detrimental to optimal investment decision making is overconfidence. Various studies have found that on an average experts tend to be more overconfident and that humans tend to confuse confidence with skill. 8. Investors who are looking to overcome this bias should actively seek information that can prove their analysis wrong. This way they can ensure that the logic they are applying is free of bias. 9. Most people see inaction as a bad thing. However, investors must remember that the opposite of action bias is not inaction, but patience. Patience and discipline are the best friends of an investor. The Little Book of Behavioural Investing by James Montier very clearly dwells upon behavioural investing and its value in investment decision making. We hope you enjoyed this Edelweiss Money Konnect podcast and will tune in to listen to more such podcasts on investing nuggets. 

Jacob Wolinsky worked in investing and financial journalism before founding ValueWalk, a site that curates information about investing, hedge funds, asset management, and the broader world of finance. We explore Jacob’s journey as an investor and an entrepreneur. This episode was a real treat for me because our guest was (and continues to be) instrumental to my growth as a value investor. Jacob gave us a ton of awesome reading material, and I can’t wait to dive into it. Links from the Show ValueWalk www.valuewalk.com ValueWalk Premium www.valuewalkpremium.com Hidden Value Stocks www.hiddenvaluestocks.com Jacob’s Reading List www.strategychainpodcast.com/support Time Stamps 0:06:34 – Jacob’s first experience as an investor: right for the wrong reason! 0:08:38 – A revelation: Benjamin Graham’s book The Intelligent Investor 0:14:49 – Greater Fool Theory: Beanie Babies and Trading Tulips 0:18:12 – Cigar Butts: Classic value investing 0:21:40 – The role of psychology in investing 0:24:15 – Jacob’s professional path into investing 0:32:01 – How Jacob got started writing for GuruFocus 0:40:40 – Circle of competence & the danger of overstepping like Long-Term Capital Management 0:44:22 – Patience: David Einhorn’s Fooling Some of the People All of the Time and Christine Richard’s Confidence Game (About Bill Ackman) 0:46:36 – Joel Greenblatt: positions took 2-3 years before they worked (on average) 0:47:43 – The advantages of being a small investor 0:50:04 – Taking the jump: focusing on ValueWalk full time 1:17:49 – HiddenValueStocks.com background 1:22:11 – Thoughts on conducting valuation after having run a real business 1:31:35 – Investing is extremely dependent on the individual’s personality 1:35:03 – Jacob’s favorite investing books: John Neff’s books (particularly John Neff on Investing), David Dreman’s books (particularly Contrarian Investing Strategies), Christopher Browne’s The Little Book of Value Investing, James Montier’s The Little Book of Behavioral Investing, The Millionaire Next Door by Thomas Stanley and William Danko, John Bogle’s books, Bruce Greenwald’s Value Investing from Graham to Buffett and Beyond, John Train’s Money Masters of Our Time, Joel Greenblatt’s You Can Be a Stock Market Genius, Ben Graham and David Dodd’s The Intelligent Investor, Andrew Tobias’ The Only Investment Guide You’ll Ever Need, William J. Bernstein’s The Four Pillars of Investing. Strategy Chain Links Rate and review the podcast at https://podcasts.apple.com/us/podcast/strategy-chain/id1492935567 Find Amazon affiliate links at http://strategychainpodcast.com/support Send me questions at http://strategychainpodcast.com/contact Sign up for the email list at http://strategychainpodcast.com/ Social Media @strategychain (Facebook, Twitter, Instagram, Medium)

On this week's episode of the Stansberry Investor Hour, Dan starts off by clearing up one important distinction about non-essential versus essential businesses. For a minute, Dan's rant gets a little heated. Then, Dan brings James Montier onto the podcast for this week's interview. James is the author of several well-known books such as  Value Investing Tools and Techniques for Intelligent Investment, Behavioral Investing: A Practitioners Guide to Applying Behavioral Finance, and The Little Book of Behavioral Investing. Dan and James immediately hit it off and talk about what drew them to the value investment, Warren Buffett, oil prices, COVID-19, opportunities in the market today... and much more.

On this week's episode of the Stansberry Investor Hour, Dan starts off by clearing up one important distinction about non-essential versus essential businesses. For a minute, Dan's rant gets a little heated. Then, Dan brings James Montier onto the podcast for this week's interview. James is the author of several well-known books such as  Value Investing Tools and Techniques for Intelligent Investment, Behavioral Investing: A Practitioners Guide to Applying Behavioral Finance, and The Little Book of Behavioral Investing. Dan and James immediately hit it off and talk about what drew them to the value investment, Warren Buffett, oil prices, COVID-19, opportunities in the market today... and much more.

When market volatility rises, our first impulse can be to cut and run. But that’s a biologically conditioned emotional response rather than a logical one. In this episode of Portfolio Intelligence, John Bryson is joined by Keith Van Etten, portfolio consultant and behavioral finance specialist at John Hancock Investment Management, to investigate our intuitive responses to stimuli versus our logical curbing of emotionally driven reactions. Applying these insights to investing, they discuss mental anchoring, unconscious simplification strategies, and other situations where listening to our gut can get our portfolios into trouble. This podcast is distributed by John Hancock Investment Management Distributors LLC, member FINRA, SIPC.

Volatility in the markets is an inevitable reality of investing. When a spout of volatility or a downturn occur, it is easy for investors to implement short-term allocation changes to their portfolios and deviate from the long-term plan. On today's podcast, we will define the current investment landscape, what the right kind of financial plan should consist of, explain why one should invest for a lifetime and highlight some notable behavioral investing traps to avoid. Featured are Michael Crook, Americas Head of Investment Strategy for the UBS Chief Investment Office and Dan Villalon, Co-head of the North America portfolio solutions group with AQR Capital Management. Host: Daniel Cassidy Timeframes may vary. Strategies are subject to individual client goals, objectives and suitability. This approach is not a promise or guarantee that wealth, or any financial results, can or will be achieved.

Our guest on this week's installment of "The Long View" podcast is James Montier. Montier is a member of the asset-allocation team at Grantham, Mayo, Van Otterloo & Co. Before joining GMO in 2009, he was co-head of global strategy at Societe Generale. A prolific and incisive writer, Montier has authored several books, including Behavioural Investing: A Practitioner's Guide to Applying Behavioural Finance; Value Investing: Tools and Techniques for Intelligent Investment; and The Little Book of Behavioral Investing. He's also a regular contributor to GMO's library of white papers and research studies on topics ranging from productivity, strategic asset allocation, contrarianism, and more. In addition to his duties at GMO, Montier is also a visiting fellow at the University of Durham and a fellow of the Royal Society of Arts. Background  Grantham, Mayo, Van Otterloo & Co. Behavioural Investing: A Practitioner's Guide to Applying Behavioural Finance by James Montier  Value Investing: Tools and Techniques for Intelligent Investment by James Montier  The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy by James Montier  GMO's research library   Montier's articles in GMO's research library  Montier's Role at GMO "My role is essentially to be difficult, and it turns out I'm quite good at that." Montier describes his role at GMO and how his contributions to the firm are measured. (1:10-3:11) Ben Inker bio  Fostering Debate at GMO "We have never had a house view." Why debate and constructive devil's advocacy is welcome at GMO. (3:12-4:31) "Investing is one of those fields where there is almost constant evidence that we are all wrong." How to foster humility and a diversity of views. (4:32-7:38) Debating Jeremy Grantham on mean reversion: Montier gives an example of an issue the team has debated recently--how long it takes for markets to revert to their long-term averages. (7:39-9:36) Jeremy Grantham bio  "This Time Seems Very, Very Different" by Jeremy Grantham (GMO Quarterly Letter, 1Q 2017)   "The S&P 500: Just Say No" by Matt Kadnar and James Montier (Aug. 15, 2017)  Forecasting and Portfolio Construction How the debate over mean reversion informs GMO's asset-class forecasts. (9:37-10:09) GMO 7-Year Asset Class Forecast (May 2019)  Corporate concentration and low interest rates: How GMO is reconsidering these variables and their impact on the asset-class forecasts it makes. (10:10-11:38) "The Idolatry of Interest Rates, Part II: Financial Heresy and Potential Utility in an ERP Framework" by James Montier and Ben Inker (Aug. 11, 2015) How GMO incorporates its asset-class forecasts into the multi-asset strategies it manages. (11:39-12:37) GMO Benchmark-Free Allocation III GBMFX   The appeal of a "robust" forecast that's meant to help portfolios withstand various potential outcomes. (12:38-14:15) "Our portfolios look a little freakish." Montier explains why GMO is U.S.-stock-phobic and, conversely, why the firm is finding value in alternatives. (14:16-18:04) GMO Benchmark-Free Allocation II Fund's asset allocation  Sir John Templeton: "If you want to have a better performance than the crowd, you must do things differently from the crowd." Career risk: Where individual investors hold an edge over institutions. (18:05-18:55) "Career Risk Is Likely to Always Dominate Investing" by Jeremy Grantham (Dec. 24, 2014, Finanz and Wirtschaft)  Alternatives Montier defines "alternatives." Different ways of owning standard risks--depression risk, inflation risk, and liquidity. (18:56-21:49) "The General Theory of Employment, Interest, and Money" by John Maynard Keynes  Montier presents two examples of alternative strategies that GMO employs--merger arbitrage and put-selling--to own standard risks in different ways. (21:50-25:49)  Merger-arbitrage definition   Put-selling definition  "Is This Purgatory, or Is It Hell?" by Ben Inker (GMO Quarterly Letter, 3Q 2014)  "We should size them such that they cannot hurt the overall fund should we get something wrong." How GMO sizes its positions in alternative strategies. (25:50-27:33)  GMO Systematic Global Macro Trust  Alpha, beta, and decay: How GMO assesses an alternative strategy's vulnerability to being arbitraged away. (27:34-29:57) GMO's Bearish U.S. Equity Forecast "How do I get paid for owning this asset?" Key inputs to GMO's U.S. equity forecast--multiple, margin, yield, and growth. (29:58-32:08) "Back to Basics: Six Questions to Consider Before Investing" by Ben Inker (Nov. 8, 2010)  "A behavioral self-defense mechanism." How GMO's approach to forecasting helps to structure its thinking and anchors decision-making. (32:09-34:54) "It's really valuation where we've been most wrong." Where GMO's U.S. equity forecast erred in recent years. (34:55-36:01) "We have to wear that. We have to own it." Montier on steps that GMO has taken to introspect on its forecasting error and how that expresses itself in the way it makes decisions and manages money. (36:02-39:45) Planning Amid a Dearth of Value "A reach for yield in any way, shape, or form." Explaining the dearth of value. (39:46-41:43) "The Deep Causes of Secular Stagnation and the Rise of Populism" by James Montier and Philip Pilkington (March 22, 2017)  "We have always been pretty bad at (forecasting), and it's unlikely we're going to get a lot better." (41:44-44:37) How should investors and advisors forecast asset-class returns and plan for the future? (44:38-47:25) "Investing for Retirement: The Defined Contribution Challenge" by Ben Inker and Martin Tarlie (April 5, 2014) Capital Allocation Montier on the folly of firms borrowing to repurchase shares: "The more stable the environment, the easier it is to take on leverage, but the greater the danger that taking leverage creates further down the line when you get some random shock." (47:26-50:49) "The Late Cycle Lament: The Dual Economy, Minsky Moments, and Other Concerns" by James Montier (Dec. 17, 2018)   "The Financial Instability Hypothesis" by Hyman P. Minsky (May 1992; The Jerome Levy Economics Institute of Bard College) 

I had Adam talk of the various aspects of finance, and primarily the psychology!

In today’s podcast Jeremy and Grant talk about investment behavior. There is an old saying that investing is simple, but not easy. We take a good look at how we become our own worst enemies in our investment experience and look at the scientific research on how we think about our money. The truth is, we are our own worst enemies when it comes to investing. We take a look at our own natural bias’s towards things, and how we can overcome the urge to lack diversification in our portfolios.   We are excited about this one! So let’s dive in!

What does your financial future look like? Do you feel it is secure and well planned out or are you just winging it? Winging it is a great idea for a Sunday afternoon drive or deciding to what to eat for dinner, but winging your financial future is a dangerous decision that will put your future stability at stake. Learn why people decide to wing it and what you should be doing instead, on this episode of the Financial Symmetry show. Short video recap here: https://www.youtube.com/watch?v=UCFFhFpRpVc What are the numbers and why are people winging their financial future? We love numbers on this show. They help to illustrate the point we are trying to make and sometimes they are truly shocking. 75% of Americans are winging it when it comes to their financial future Less than half of Americans cannot cover a $1000 emergency Most people feel they make about $1200 worth of financial mistakes per year 4 out of 10 Americans simply guess how much they will need to retire. Why do people do this to themselves? Why do they choose to leave their financial future up to chance? I think there are 3 main reasons. They don’t want to pay for professional advice. They can’t afford professional advice (or think they can’t afford it). They think they can handle the work themselves Are you letting overconfidence power your financial decision making? Are you overconfident about your ability to handle your finances? 57% of adults feel more confident today than they felt 3 years ago about their finances. Do you feel a bit overconfident due to the recent success of the financial markets? Overconfidence is a villain when it comes to good decision making. Usually the more intelligent you are the more overconfident you are. Mark Twain had a powerful quote that sums up overconfidence well, “It ain’t what you don’t know that gets you in trouble. It’s what you know for sure that just ain’t so.” A great way to ensure that you aren’t being too overconfident in your financial decisions is to hire a financial advisor. Having an objective 3rd party view of things can really help you keep things in perspective. Is your confirmation bias affecting your financial future? The internet is starting to play a major role in creating greater confirmation bias. People tend to follow their own views and they will seek out news that confirms what they already think about something. If someone has a negative worldview and they read an article about how the market will be crashing they will nod their heads and think, yes this is the truth. To combat confirmation bias think of the acronym WRAP from the book Decisive by Chip and Dan Heath. Widen your options Reality test your assumptions Attain distance before deciding Prepare to be wrong Recency bias can affect your thinking about the future People think they know more than they do about how the future will unfold. More often than not, the future will surprise us. Our conclusions about the future are often based on our emotions. They can also be affected by recency bias. Recency bias is a bias based on the fact that people tend to think that what happened to them recently will happen to them in the future. This can be seen frequently with finances for instance, if you have received a big bonus, or especially when it comes to stocks. Are you allowing recency bias to affect your financial future? Outline of This Episode [5:27] Overconfidence can spoil your financial decisions [11:15] Are you allowing confirmation bias to affect your financial future? [13:46] Recency bias affects many financial decisions Resources & People Mentioned BOOK - Decisive by Chip and Dan Heath BOOK - The Little Book of Behavioral Investing by James Montier The Role of Confidence article Most People are Winging It article from CNBC Connect With Chad and Mike https://www.financialsymmetry.com/podcast-archive/ Connect on Twitter @csmithraleigh@TeamFSINC Follow Financial Symmetry on Facebook Subscribe To This Podcast Apple Podcasts Stitcher Google Play

I 14. afsnit af Ophelia Invest Talks er emnet børspsykologi. Derfor har Sarah Ophelia Møss inviteret Jens Balle, erfaren finansmand, foredragsholder samt forfatter til bogen "hulemænd i habitter" i studiet. Jens Balle har arbejdet med investering i over 30 år og har i den forbindelse indgående studeret de psykologiske teorier på feltet. Sarah spørger blandt andet Jens om, hvad børspsykologi er for noget, hvordan den konkret udspiller sig, hvad man skal være opmærksom på for at undgå at gå i fælderne, samt hvilken betydning børspsykologi reelt har for private investorer. Formidlet af Sarah Ophelia Møss, ejer af Ophelia Invest og Forlaget PengePlanlagt, optaget og redigeret af Ophelia Invest og Forlaget PengeNyttige links:Bogen “Hulemænd i Habitter” af Jens Balle (2016): https://hulemaendihabitter.dk/ (Brug koden “ophelia” og få 50 kr. i rabat på både bog og e-bog til og med d. 12. maj 2019)Jens Balles hjemmeside: https://www.jens-balle.dk/ Filmen “The Big Short” af Adam McKay (2015): https://www.imdb.com/title/tt1596363/ Bogen “The Little Book of Behavioral Investing” af James Montier (2010): https://www.saxo.com/dk/the-little-book-of-behavioral-investing_james-montier_hardback_9780470686027Bogen “The Undoing Project” af Michael Lewis (2016): https://www.saxo.com/dk/the-undoing-project_michael-lewis_paperback_9780141983042?gclid=Cj0KCQjw2IrmBRCJARIsAJZDdxDV8SSiJlsQVKrv-NUgVbZCZiuALChDv3-1hSLCrc1B3Sjv01TmAdkaAiHgEALw_wcB Teoretikere nævnt: Daniel Kahneman, Richard Thaler & Amos Tversky. Udover denne podcast kan du følge aktiviteterne i Ophelia Invest her:Website: https://www.opheliainvest.dk/Facebook: https://www.facebook.com/Ophelia-Invest-1628462130535328/YouTube: https://www.youtube.com/channel/UCYYl2kpdCWMOUxQRNxF9-oQInstagram: https://www.instagram.com/opheliainvest/Investor community for nye(re) investorer, Aktieklubben Danmark: https://www.facebook.com/groups/540668596359572/Investor community for kvinder, Kvindelogen Investeret: https://www.facebook.com/groups/2395448087138448/

On this show, we talked about behavioral psychology, finance and investing as well as the sociological, neurological and physiological impediments to investment decisions with Dr. Daniel Crosby Ph.D, Psychologist, behavioral finance expert and Chief Behavioral Officer at Brinker Capital.  Listen to learn how the four primary drivers for investor behavior and how to recognize them in yourself! For the Difference Making Tip, scan ahead to 18:01. You can learn more about Daniel at Twitter and LinkedIn. For a copy of The Behavioral Investor, click HERE Please subscribe to the show however you’re listening, leave a review and share it with someone who appreciates good ideas. You can learn more about the show at GeorgeGrombacher.com, or contact George at Contact@GeorgeGrombacher.com.

When Dr. Daniel Crosby was in his 20s, he had a fateful conversation with his father about what he should do for a living. Dr. Crosby’s father was a financial advisor, but young Daniel didn’t think finance was a good fit for his interests and skill set. “I remember saying to him, ‘Dad, but I'm a people person. I like to study human behavior and you just think about math,’ Dr. Crosby says. “He laughed and said, ‘Read these books and tell me if you don't think that emotion and human behavior plays into finance.’ And there was no turning back after that.” Today, Dr. Crosby is the chief behavioral officer at Brinker Capital. He's also a psychologist, a New York Times bestselling author, and a behavioral finance expert who really understands what's happening at the intersection of our minds and the financial markets. On today’s show, we talked to Dr. Crosby about his latest book, “The Behavioral Investor,” and the four psychological tendencies that he has seen prevent folks from building a bigger and better nest egg.

Dr. Daniel Crosby is one of the industry's top thought leaders on Behavioral Finance. He authored the New York Times bestseller 'The Laws of Wealth' and is the host of the popular Standard Deviations podcast. Daniel recently joined Brinker Capital as the Chief Behavioral Officer.  On this episode, we discuss how financial advisors can leverage his 'Third Way' of looking at investing through a behavioral lens. There are granular applications that you can implement in your practice today.      Also mentioned in this episode:   Jesse Felder's The Felder Report: https://thefelderreport.com   Here is a list of Dr. Crosby's top books on the subject of Behavioral Finance.  www.nocturnecapital.com/blog/2016/8/1/the-best-books-on-behavioral-finance-and-behavioral-economics   Connect With Daniel:   LinkedIn: https://www.linkedin.com/in/danielcrosby   Twitter: https://twitter.com/danielcrosby   Website: http://www.nocturnecapital.com     About Daniel: Dr. Daniel Crosby, a behavioral finance expert and sought after thought leader on market psychology, is the founder of Nocturne Capital. Dr. Crosby created the sentiment and valuation measures that serve as the overlay for Nocturne's tactical strategy. His ideas have appeared in the Huffington Post, Think Advisor, and Risk Management, as well as columns for WealthManagement.com and Investment News.  Daniel was named one of Investment News "40 Under 40" and a “financial blogger you should be reading” by AARP. Daniel's second book, "Personal Benchmark", co-authored with Charles Widger of Brinker Capital, was a New York Times bestseller that outlines a highly personalized approach to investing that aligns intention with action while fostering an investment experience that is both enjoyable and rational.

In this episode we have a discussion with Dr. Daniel Crosby about his new book The Behavioral Investor, the meaning of Success, psychology of investing and a host of other topics. Buy The Behavioral Investor here Find Dr. Crosby on twitter @danielcrosby

This week on The Pete the Planner® Show, we’re back answering more of your money questions! We had some pretty big questions flood the inbox this week, and in light, we’re bringing in some experts. In this week’s episode, we’re joined by Dr.... Read More The post Ep. 278: Behavioral investing & student loan forgiveness appeared first on Pete the Planner®.

Dr. Daniel Crosby is one of the country's leading authorities on behavioral investing. He joins the show today to discuss some of the key learnings from his new book, The Laws of Wealth. We review some of the rules of behavioral self-management and cover some key ideas to remember so we can all make sound financial decisions. One of the most important things we do at Keen Wealth Advisors is educating and helping our clients and listeners to be engaged in the planning process. I believe in lifetime learning, and that’s why we reached out to Dr. Crosby and asked him to be on the show. We like to collaborate with the best of the best, find out what's working and bring those ideas to our clients through our podcast and our meetings. As Dr. Crosby said on the podcast, "Behavioral finance tries to account for the messiness of imperfect human decision-making and amend it to make it a little bit closer to perfect."

I believe financial advisors can add the most value to their clients in the areas of financial and life planning, and not as much in the investment management area. I also understand that you can't forget about the investment side. In today's conversation, we discuss how to improve your investment performance by overcoming some of the behavioral investing mistakes that are so easy for all of us to make. My guest is Daniel Crosby, Ph.D. Daniel is a psychologist, a behavioral investing expert, a bestselling author, and president of Nocturne Capital. Checkout Daniel's new book, The Laws of Wealth: Psychology and the secret to investing success.

Our guest today is RC Peck, CFP® Chief Investment Strategist, Founder and CEO of Fearless Wealth, LLC. RC Peck, CFP® results speak for themselves. RC's Fearless Wealth Portfolio has returned an astounding 15% annually for 14 years (1998 to 2011). RC's ability to make the complicated clear and straightforward is second to none. There is a reason why the directors of Silicon Valley most storied companies turn to him and have avoided every major crash in the markets in 14 years. As an ex-commodity trader of Coffee, Sugar and Coco, RC is considered one of the leading experts in the country on behavioral investing. RC can be unconventional and un-typical but always thought provoking, clear and insightful. RC is a certified Financial Planner (CFP®), a Registered Investment Advisor and a Master NLP practitioner. For more information: Fearless Wealth

Our guest today is RC Peck, CFP® Chief Investment Strategist, Founder and CEO of Fearless Wealth, LLC. RC Peck, CFP® results speak for themselves. RC's Fearless Wealth Portfolio has returned an astounding 15% annually for 14 years (1998 to 2011). RC's ability to make the complicated clear and straightforward is second to none. There is a reason why the directors of Silicon Valley most storied companies turn to him and have avoided every major crash in the markets in 14 years. As an ex-commodity trader of Coffee, Sugar and Coco, RC is considered one of the leading experts in the country on behavioral investing. RC can be unconventional and un-typical but always thought provoking, clear and insightful. RC is a certified Financial Planner (CFP®), a Registered Investment Advisor and a Master NLP practitioner. For more information: Fearless Wealth