Podcasts about nocturne capital

As a financial advisor, it is essential to ensure that clients make informed investment decisions that secure their financial futures. However, client behavior, emotions, and biases can often get in the way. These factors can cloud judgment and impact the ability to make smart investment choices.  In this episode, Steve talks with Dr. Daniel Crosby, Chief Behavioral Officer at Orion. Daniel is a psychologist, behavioral finance expert, and asset manager who applies his study of market psychology to everything from financial product design to security selection. He is co-author of the New York Times bestseller Personal Benchmark: Integrating Behavioral Finance and Investment Management and founder of Nocturne Capital. Daniel was named one of the "12 Thinkers to Watch" by Monster.com, a "Financial Blogger You Should Be Reading" by AARP, and in the "Top 40 Under 40" by Investment News. A psychologist and behavioral finance expert who helps organizations understand the intersection of mind and markets, Daniel talks with Steve about behavioral management, the framework for helping clients make better investment decisions, and how advisors can differentiate themselves from their peers.   Key Takeaways [02:28] - How Daniel got to where he is today. [06:14] - How Daniel simplifies psychology into a practical, solution-focused approach. [09:07] - What a typical week looks like for Daniel. [16:02] - How advisors can learn behavior management. [21:28] - What Daniel thinks about advisors showing vulnerability to clients. [24:17] - How to determine whether a client is on board with an advisor. [27:04] - Why clients fail to implement a financial plan. [30:14] - The framework for helping clients make better investment decisions. [35:07] - How advisors can differentiate themselves from their peers. [40:02] - Daniel's biggest 'aha' moment in his career.   Quotes [18:55] - "The number one reason people fail to seek an advisor is the fear of being judged." ~ Dr. Daniel Crosby [20:33] - "Looking at behavioral finance as a mirror of your own behavior, doing your own work, putting yourself in situations where you're a rung down on the power ladder, and getting feedback are powerful ways to learn behavioral skills." ~ Dr. Daniel Crosby [38:52] - "People don't want wealth management. They want happiness, and they want freedom and time with family. Help them understand how you're going to get that." ~ Dr. Daniel Crosby   Links  Dr. Daniel Crosby on LinkedIn Dr. Daniel Crosby on Twitter Standard Deviations Podcast The Behavioral Investor Eric Clarke Predictably Irrational Morningstar   Connect with our hosts Steve on LinkedIn Buckingham Strategic Partners   Subscribe and stay in touch Apple Podcasts Spotify Steve on LinkedIn Follow Buckingham Strategic Partners on Twitter   Disclosure For informational and educational purposes only and should not be construed as specific investment, accounting, legal, or tax advice. Certain information is based upon third party data which may become outdated or otherwise superseded without notice. Third party information is deemed to be reliable, but its accuracy and completeness cannot be guaranteed. Some analysis presented is based off current economic information and may become outdated or irrelevant without notice. Individuals should speak with their qualified financial professional based on his or her unique circumstances. Neither the Securities and Exchange Commission (SEC) nor any other federal or state agency have approved, determined the accuracy, or confirmed the adequacy of this podcast. © 2022 Buckingham Wealth Partners, LLC. Buckingham Strategic Wealth, LLC and Buckingham Strategic Partners, LLC (collectively, Buckingham Wealth Partners)

In this episode we talk with Daniel Crosby, Chief Behavioural Officer at Orion Advisor Solutions Dr. Daniel Crosby is a psychologist, behavioral finance expert and asset manager who applies his study of market psychology to everything from financial product design to security selection. He is co-author of the New York Times bestseller Personal Benchmark: Integrating Behavioral Finance and Investment Management and founder of Nocturne Capital. He is at the forefront of behavioralising finance. His ideas have appeared in the Huffington Post and Risk Management Magazine, as well as his monthly columns for WealthManagement.com and Investment News. We hope you enjoy it.

Changing career paths can seem intimidating, but our latest guest on the Cannon Curve proves how rewarding it can be. Instead of intimidation, Dr. Daniel Crosby felt inspiration to bring the skills he built as a psychologist to the financial services industry. In doing so, he found the perfect intersection between behavioral psychology and financial advising. Tune in to this month's episode of the Cannon Curve to discover the simple secret to building a skill set that can bring you success no matter the path you decide to follow. Resources: Daniel Crosby TEDxHuntsville: https://bit.ly/2SyVUCn Daniel Crosby TEDxHuntsville: https://bit.ly/2Gd8AZS Daniel Crosby LinkedIn: https://www.linkedin.com/in/danielcrosby/ Nocturne Capital: http://www.nocturnecapital.com/about/   Please send comments, questions, and feedback to: mojo@cannonfinancial.com Please send First Friday Feedback submissions to: mojo@cannonfinancial.com

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.

Dr Daniel Crosby is a Psychologist, he has a PhD in psychology and behavioural finance specialising in helping people and organisations understand the cross over between the mind and the financial markets. He is a co-author of a New York Times best seller “https://www.amazon.com.au/Personal-Benchmark-Website-Integrating-Behavioral/dp/1118963326/ref=sr_1_1?s=books&ie=UTF8&qid=1532524547&sr=1-1&keywords=personal+benchmark (Personal Benchmark)” and also authored the “https://www.amazon.com.au/Laws-Wealth-Daniel-Crosby/dp/0857195247/ref=sr_1_1?s=books&ie=UTF8&qid=1532524388&sr=1-1&keywords=laws+of+wealth (Laws of Wealth)“. Daniel is the founder and CEO of Nocturne Capital – an investment management firm whose approach is rooted in the science of behavioral finance. Daniel has a growing family, based in Atlanta Georgia from where he runs his business which he has been running full time for the last 10 years. Check out the full show with detailed show notes and episode links: https://www.businessgenerals.com/danielc (businessgenerals.com/danielc) Lets talk core revenue streams Daniel shares how he started off doing speaking engagement to market his other services in his company but it has since taken off and become a major part of his revenue stream. An early take away from Daniel is not to underestimate the power of speaking as an extra revenue stream in your business! Daniel also manages money on behalf of clients, teaches online courses in behavioural finance and provides consulting services and content development. While speaking is Daniel's number one income stream it's not completely scalable due to the time commitment and extensive travel requirements so Daniel has a focus to grow the other income streams. Daniel has been on the speaking circuit for the last 10 years, and cautions that it is taxing for someone with a young family. Childhood inspiration Growing up Daniel was inspired by his dad who is an investment manager, after getting into college Daniel loved the study of psychology, helping and teaching people – but part way through his PhD he felt emotionally burned out as a clinical psychologist. A conversation with his dad about his next options turned him down the road of understanding the intersection between psychology and stock market investing. Why a PhD and not just a Degree Daniel says in his experience a psychology degree in the US, does not get you very far in your career as a psychologist. The PhD paid off for Daniel as clients more readily hired his consulting services as a PhD graduate even though he was only 28. While the PhD opened doors for Daniel he says he doesn't actually use it in its direct form because he is trained to conduct therapy sessions as a clinical psychologist but he now picks stocks for a living. The skills learned however, of being non defensive, hard work, accepting feedback, critiquing and taking action – are life skills he has taken from his PhD that have helped him in his business. First paying client and a speaking career Daniel managed to secure his first client before he resigned from his job, he recommends that you find a way to get at least one good client account before stepping out on your own. He quickly moved into the world of speaking and in the beginning all his presentations were at no charge, he would look for places to speak at in his city as a way of marketing his consultancy services. After quiet a number of free events Daniel recalls an attendee asking if they could book him for a paid speaking engagement and he began a new journey where he would eventually be charging between $1,000 and $2,000 to speak. A mistake he shares is saying yes to all speaking requests and having to create a special bespoke keynote each time he got an invitation, this would wear Daniel out and he looked for a different solution. Major turning points in speaking and some key lessons After

When the market moves as fast and Donald Trump tweets, how should we think about money in the digital age? Jennifer talks with psychologist and behavioral finance expert Dr. Daniel Crosby about his life story and how he has built a career helping both individual investors and institutional clients understand themselves and the psychology of the market. For Daniel Crosby, the beginning of the story started with an ending. Daniel tells Jennifer the story of how he came into the world on the day of his grandfather’s passing and how that has driven him to live his life to its fullest potential. An important part of leading a rich and full life is to always be learning. Daniel talks about how his love for learning and how his academic education laid the groundwork for developing his interpersonal skills which were key to his success later in life. As the son of an investment manager and advisor, the stability and comfort of his father’s profession was an alluring one. But after serving a mission through his church in the Philippines and helping a close friend whether an eating disorder, Daniel shifted his academic path towards helping people. How do some people with so little manage to find joy in their lives? Jennifer gets Daniel to flex his clinical psychology skills and asks him why some people blessed with great privileges can’t seem to find the same happiness of some people living a simpler or rougher life. He also talks about his own success and his approach to being happy. What drove Daniel to fly straight into graduate school? Jennifer asks Daniel a bit more about his trajectory towards becoming an impactful force in people’s lives. He talks about the value of therapy and why building a strong relationship between therapist and client beats out any high-level degree or specialized school of thought. Misconceptions about therapy and the therapeutic process are a dime a dozen. Daniel does some mythbusting and distills some of what he’s learned as a therapist into some takeaways for listeners that they can use in their personal and professional lives. Whether it’s for work, in our relationships or just in our day-to-day lives, we all talk about ourselves. Jennifer and Daniel talk about why being able to talk about yourself and your feelings openly and authentically with a trusted professional is so important is our society. After being burnt out by individual therapy work, Daniel moved on to workplace-focused psychology work in Atlanta. While doing pre-employment assessments across the Deep South, he learned some hard truths about competence, wealth, meritocracy and the under-recognized value of general intelligence. You’re not that great. Daniel fills us in on one of the key moments of his journey to becoming an impact-maker: a 2011 TEDx talk in Huntsville, Alabama about 7 counter-intuitive truths for living a better and more meaningful life. This talk eventually turned into a self-published book of the same name (check out the links below). “Only as we accept our normality, are we able to build something that is better than normal.” Daniel talks about the central message of his book, the concept of overconfidence bias and how it keeps us back from achieving our fullest potential. In late 2009 – in the swell of the recession – Daniel set out on his own to get away from his rough day job. His new behaviorist economics consultancy called Nocturne Capital offers a wealth of services around the psychology of investment decision making. Jennifer asks the question on all of our minds: so how should we think about money? Daniel offers some of the insights he’s gathered over the years helping people understand and navigate financial markets. Daniel shares a couple tidbits with Jennifer but you can find all 10 of his investing commandments in his book The Laws of Wealth, named the best investment book of 2017. If you’ve been listening to this week’s episode so far, you’ll know that Dr. Crosby is a man of quick wit. Jennifer asks Daniel where he gets his funny bone from and how it finds its way into his work. Validation and criticism some in equal spades in today’s digital word. Jennifer asks Daniel for some advice for everyone about how to engage with the digital dimensions of our fast-paced contemporary world, as well as where you can find Daniel online. Check the links below! Dr. Daniel Crosby: Dr. Daniel Crosby website - Nocturne Capital Dr. Daniel Crosby – LinkedIn Dr. Daniel Crosby – Twitter Podcast – Money, Mind & Meaning by Dr. Daniel Crosby Books referenced (affiliate links): The Laws of Wealth: Psychology and the secret to investing success by Daniel Crosby The Behavioral Investor by Daniel Crosby Personal Benchmark: Integrating Behavioral Finance and Investment Management by Charles Widger & Daniel Crosby You're Not That Great by Daniel Crosby Leadership and Self-Deception: Getting Out of the Box by The Arbinger Institute Dr. Daniel Crosby TED X Talks TEDxHuntsville - Daniel Crosby - You're Not That Great: A Motivational Speech Sex, Funds, & Rock N' Roll - Daniel Crosby at TEDxHuntsville Can being weird make you rich and happy? - Daniel Crosby at TEDxBYU Give us a hand getting the word out! Do you want to spend your personal and professional time making a lasting impact on others? Do you want to be the kind of leader people love? Subscribe today and we will bring you new ways to change the world every single week. Want to raise your game at work? If you want to raise your game at work, you’ve got to raise your impact. Find out Jennifer’s 10 best strategies to make more of an impact at work.

Welcome to the 39th CONKERS’ CORNER recorded on 14th December 2016. In this interview I have the pleasure of speaking with Dr. Daniel Crosby @danielcrosby, the New York Times awarding winning author, behavioural finance expert and sought after thought leader on market psychology. He is also 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 personalised approach to investing that aligns intention with action while fostering an investment experience that is both enjoyable and rational. Daniel grew up the son of a Financial Adviser and he was so immersed in that world he said that he “never had a chance”. He was steeped in best financial practices and his father would always be “talking about stocks and shares at the table”. His Dad was quite a gifted investor and adviser and therefore “in their house, debt was a four letter word”. Therefore, Daniel grew up with some sound principles with regards to money. Daniel went to College and set out to become an Investment Manager, however mid-way through College he dropped out. He chose instead to become a missionary for his Church and went to work in the Philippines for a few years. Teaching English, building schools, doing a little good in the world. It was at that point he became interested in a profession that would help others. He chose Psychology when he returned to his studies at Brigham Young University, with a renewed dedication and later became a Pre Doctoral Intern (PHD) at Emory University in Atlanta. In July 2008, he went onto become a Consultant at Sperduto and Associates, a firm of corporate psychologists and management consultants, based in Atlanta. When he started his first job, Daniel started investing straight away with Index Funds. He remained there until he moved in January 2010 to IncBlot Organizational Psychology which is a management consultancy, comprised of a team of organisational psychologists with expertise in helping business select exceptional people. In March 2016, Daniel founded Nocturne Capital, which is a behavioural asset management firm serving the needs of individuals and institutions committed to the research-based investment principles set forth in his book :The Laws of Wealth. Daniel is also the President of Nocturne Capital and an executive at the Brinker Capital Center for Outcomes, a financial adviser education initiative that helps advisors understand the powerful impact behavioural science can have on their practices. Daniel is a huge advocate of “know yourself” and one of his biggest lessons is ‘the boom of learning to embrace momentum’. However on a personal basis, he does not look at his own portfolio too often, choosing instead to be a rule-based investor. Daniel opens his award winning* book The Laws of Wealth: Psychology and the Secret to Investing Success, with “The investor’s chief problem, and even his worst enemy, is likely to be himself.” – Benjamin Graham. Daniel advocates that individuals should should seek Financial Advice because research confirms that individuals that do well over the long-term will attain better returns in the long-term. Listen now to gain insights into how Dr Daniel Crosby presents a route map for navigating the complex nature of behavioural psychology, behavioural finance and the laws/strategies of achieving long-term wealth. During a time when many investors are making poor decisions and trading rather than investing. Learn from the lessons in his successful, insightful global investing journey.

Michael has had some of the brightest psych minds on his podcast. Today he pulls together the great psych minds in trading into one podcast. Those interviews include: Brett Steenbarger, Jason Williams, Van Tharp, Daniel Crosby, and Meir Statman. Brett Steenbarger is a Clinical Associate Professor of Psychiatry at New York State University, and author of The Daily Trading Coach, The Psychology of Trading, and Enhancing Trader Performance. His newest work is Trading Psychology 2.0: From Best Practices to Best Processes. Jason Williams is author of The Mental Edge in Trading. Jason received his psychiatry degree at John Hopkins. His father is famed trader Larry Williams. Van Tharp runs the Van Tharp Institute and is author of four acclaimed books published by McGraw Hill: Super Trader, Trade Your Way to Financial Freedom, Safe Strategies for Financial Freedom, and Financial Freedom Through Electronic Day Trading. His new book is called Trading Beyond the Matrix. He was also featured in Jack Schwager’s Market Wizard’s: Interviews with Great Traders. Van Tharp received his Ph.D. in psychology. Daniel Crosby is author of The Laws of Wealth: Psychology and the Secret to Investing Success, and co-author of the New York Times bestseller Personal Benchmark: Integrating Behavioral Finance and Investment Management. His background is in behavioral psychology and he sees the markets as a great backdrop to view human behavior in a real world setting. He is also founder of Nocturne Capital. Meir Statman is a professor of finance at Santa Clara University and a behavioral finance expert. His acclaimed book is titled What Investors Really Want. In this episode of Trend Following Radio: Envy and happiness Fear of losing vs Fear of missing out Mental accounting Expert discretion Efficient market theory Human ego Warren Buffett and his trading strategy Passive investing Sigmund Freud’s impact on trading Standard deviation as a proxy for risk Matching “the benchmark” Systems theory Money management vs. Position sizing Ed Seykota’s trading and psychology strategies Tom Basso’s trading and psychology strategies Yoga Training your brain how to think

DO MY THOUGHTS AROUND MONEY AFFECT MY SPENDING HABITS? This week I had the chance to chat with Dr. Daniel Crosby, a behavioral finance expert. Dr. Daniel Crosby is a behavioral finance expert, a sought after thought leader on market psychology, and 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. HERE'S WHAT YOU’LL LEARN FROM THIS EPISODE: What simple decisions are predictors of whether or not you reach your goals. Why people who work with an advisor do better with their finances than those who don’t. The number one thing people can do to streamline their investments. How your ego is impacting your financial picture. The impact establishing and following money rules can have in meeting your financial goals. Why we think that money needs to be sexy (when it really doesn’t). LINKS WE MENTIONED ON THE SHOW: The Laws of Wealth: Psychology and the Secret to Investing Success Nocture Capital Personal Benchmark

My guest today is Daniel Crosby, a psychologist, behavioral finance expert and asset manager who applies his study of market psychology to everything from financial product design to security selection. He is co-author of the New York Times bestseller Personal Benchmark: Integrating Behavioral Finance and Investment Management and founder of Nocturne Capital. He is at the forefront of behavioralising finance. His ideas have appeared in the Huffington Post and Risk Management Magazine, as well as his monthly columns for WealthManagement.com and Investment News. The topic is his book The Laws of Wealth: Psychology and the Secret to Investing Success. In this episode of Trend Following Radio we discuss: Expert discretion Efficient market theory The eradication of guinea worms Human ego Warren Buffett and his trading strategy Passive investing Sigmund Freud's impact on trading Standard deviation as a proxy for risk Matching “the benchmark” Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

Emotions impact every financial decision we face and sometimes it causes us to make choices out of fear or greed.  Today on the show the guys talk to Dr. Daniel Crosby, a psychologist, behavioral finance expert and asset manager.  He is the co-author of the New York Times bestseller Personal Benchmark: Integrating Behavioral Finance and Founder of Nocturne Capital. In Daniels’ latest book, The Laws of Wealth, he talks about principles for managing your behavior and how emotion and psychology influence our financial decisions. What is behavioral finance? The concept of behavioral finance is a fairly new idea that looks at behavioral, psychological theory together with economic explanations for why people make irrational financial decisions. Why do so many smart people making the wrong choices with their money? Daniel wants to find out what causes some people to behave illogically when it comes to finance and how to build investment portfolios based on unvalued investments created by investor’s emotional behavior. Daniel works as a sort of a financial therapist and asset manager centering his work on helping his clients stay away from making irrational emotion-driven mistakes. Investors can often be their own worst enemy and are to blame for poor investment returns. Volatility in the market can cause investors to act unpredictably at times – not in their best interest. You control what matters most You can’t control the stock market but what you can control is human behavior. Over the last 30 years, the market has returned about 11% a year while the average investor has only held about 4% because of emotional decision making when markets are going up and down. “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” – Warren Buffett Investing needs discipline and rationality. Being in control of that takes planning and executing. Take your power back and gain control of your situation no matter is going on in the markets. Set up systems for yourself and follow simple rules of thumb so you mitigate potential harm to your financial lives. Daniel believes you cannot do it alone. People who work a financial professional tend to do 3% better than people who don’t. Advisors don’t have all the answers, but they can help you not to make emotionally driven mistakes. Do you want to be average? Two of the well-known investment styles are growth investing and value investing. Growth investing is investing in stocks that have shown higher than average growth over the previous years, compared to the market average, and show promise to continually grow into the future. They are riskier than average stocks but have the possibility to multiply in value. The other is value investing strategy. Value investors like Daniel actively seek stocks they believe the market has undervalued. He believes many of these stocks get overlooked due to human behavior and fear. He finds pockets of disproportionate value which are created by human behavior. The strategy has been used by Warren Buffet for many years. Daniel takes a quantitative approach to choosing his investments basing his choices on the The 5 P’s – Price (valuation), properties (quality), pitfalls (risks), people (what are the insiders doing), push (momentum/potential growth). Risk is not a squiggly line Risk is different for everyone when it comes to investing, and that’s why Daniel believes in personal benchmarking. He helps his clients create a personalized definition of risk and using their top motivations to make better decis... Learn more about your ad choices. Visit megaphone.fm/adchoices

My guest for this episode of Informed Choice Radio is Dr Daniel Crosby. Educated at Brigham Young and Emory Universities, Dr Daniel Crosby is a psychologist, behavioural finance expert and asset manager who applies his study of market psychology to everything from financial product design to security selection. He is founder of Nocturne Capital and co-author of the New York Times and USA Today bestseller Personal Benchmark: Integrating Behavioral Finance and Investment Management. Daniel is at the forefront of behavioralising finance. His ideas have appeared in the Huffington Post and Risk Management Magazine, as well as his monthly columns for WealthManagement.com and Investment News. Daniel was named one of the ’12 Thinkers to Watch’ by Monster.com, a ‘Financial Blogger You Should Be Reading’ by AARP and in the ‘Top 40 Under 40’ by Investment News. His new book is The Laws of Wealth: Psychology and the secret to investing success where he offers an accessible and applied take on a discipline that has long tended toward theory at the expense of the practical. In The Laws of Wealth, readers are treated to real, actionable guidance as the promise of behavioural finance is realised and practical applications for everyday investors are delivered. In this episode of Informed Choice Radio, I speak to Daniel about the basics of behavioural finance, how the messiness of lived experience can be integrated as an investor, whether all investors are as bad as each other when it comes to negative behavioural traits, and much more. Welcome to The Laws of Wealth with Dr Daniel Crosby, in episode 127 of Informed Choice Radio. Some questions I ask -Could you explain what is behavioural finance, how does it work, what are the principles behind it? -How does behavioural finance work on a practical basis when investing money? -Are all clients as bad as each other when it comes to behavioural traits? -Why do people tend to fear high-profile, low-probability events, like getting bitten by a snake? -How does consumer behaviour drive investment markets? -What can we expect to see from the field of behavioural finance in the future? Subscribe in iTunes | Click to listen now | Right click to download episode Win a copy of The Laws of Wealth I’ve got a copy of The Laws of Wealth by Dr Daniel Crosby to give away to one lucky listener. Here’s how you can win. Leave an honest review of the Informed Choice Radio podcast on iTunes or Stitcher. You can find us on iTunes by visiting icradio.co.uk/itunes and on Stitcher at icradio.co.uk/stitcher. Once you’ve left your review, let us know about it and we will put your name in the hat to win a copy of The Laws of Wealth by Dr Daniel Crosby. Drop me an email to martin@icfp.co.uk or tweet me at@martinbamford to let me know you’ve left a review. I’ll announce the winner in episode 131 of Informed Choice Radio, next Friday, 4th November 2016, so leave your review and get in touch please by midday on Wednesday 2nd November. Useful links mentioned in this episode –The Laws of Wealth by Dr Daniel Crosby –Daniel Crosby on Twitter –Nocturne Capital Thank you for listening! To get new episodes of Informed Choice Radio sent directly to your device as soon as they are published, you can subscribe on iTunes or Stitcher Your reviews on iTunes are incredibly helpful and really appreciated. We get notified about each one; please leave a note of your name and website URL so we can mention you in a future episode.

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.

Dr. Daniel Crosby is a psychologist, behavioral finance expert and asset manager who applies his study of market psychology to everything from financial product design to security selection.  Daniel is author of 2 books - The Laws of Wealth: Psychology and the secret to investing success and You’re not that Great. He is co-author of the New York Times bestseller Personal Benchmark: Integrating Behavioral Finance and Investment Management. Dr. Crosby is founder of Nocturne Capital. His ideas have appeared in the Huffington Post and Risk Management Magazine, as well as his monthly columns for WealthManagement.com and Investment News. Daniel was named one of the "12 Thinkers to Watch" by Monster.com, a "Financial Blogger You Should Be Reading" by AARP and in the "Top 40 Under 40" by Investment News. Daniel was educated at Brigham Young and Emory Universities. You can check out the show notes for all the links, books and resources mentioned in this episode at www.economicrockstar.com/danielcrosby

Building wealth - that's what I want to talk with you about today. I know a lot of people are jaded with the whole process. Unscrupulous financial advisors, unnecessary fees, complex products, industry jargon, and a whole host of issues that keep you from building massive amounts of wealth in your life. My guest today, Dr. Daniel Crosby, is on a mission to help bring some of the clarity and control back into your life and finally help you start taking charge of your money! 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. He's got a new book, The Laws of Wealth, which is what he's here to talk with us about today! Please leave us a review at http://www.orderofman.com/itunes Shownotes: http://www.orderofman.com/069 Website: http://www.orderofman.com

Discover the number of behavioral risks Dr. Daniel Crosby with Nocturne Capital highlights in his recent research. We'll also update you on one indicator which is demonstrating the direction of Domestic US Equities. Don't miss episode 177 of The 401k Owner's Manual.