

#14740
Mentioned in 3 episodes
The behavioral investor
Book • 2018
In 'The Behavioral Investor', Dr. Daniel Crosby delves into the sociological, neurological, and psychological factors that impact investment decisions.
The book is structured into four parts, starting with an exploration of the foundational biases and external pressures that affect investors.
It then identifies four primary psychological tendencies related to ego, conservatism, attention, and emotion that drive investment behavior.
The book provides practical measures to overcome these biases and introduces 'rules-based behavioral investing' (RBI) as an alternative to passive and active investing.
Crosby emphasizes the importance of understanding human nature to make informed investment decisions and improve both financial and psychological wellbeing.
The book is structured into four parts, starting with an exploration of the foundational biases and external pressures that affect investors.
It then identifies four primary psychological tendencies related to ego, conservatism, attention, and emotion that drive investment behavior.
The book provides practical measures to overcome these biases and introduces 'rules-based behavioral investing' (RBI) as an alternative to passive and active investing.
Crosby emphasizes the importance of understanding human nature to make informed investment decisions and improve both financial and psychological wellbeing.
Mentioned by
Mentioned in 3 episodes
Mentioned by
Brett McKay as the author and subject of the podcast episode, discussing behavioral investing.


#511: Mastering the Psychology of Investing
Recommended by
Dr. Richard Smith for its accessible explanation of investor psychology and common pitfalls.


TIP236: Momentum Indicators for the 2nd Quarter 2019 w/ Dr. Richard Smith (Business Podcast)
Mentioned by
Daniel Crosby when referring to fMRI research on the emotional valence of different conversational topics.


Dr. Daniel Crosby: The Psychology of Client Decision-Making Explained