Bogleheads On Investing Podcast

Episode 056: Dr. Daniel Crosby on the behavioral investor, host Rick Ferri

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Mar 27, 2023
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ANECDOTE

Career Shift

  • Daniel Crosby, a clinical psychologist, experienced burnout from client work.
  • A conversation with his financial advisor father sparked his interest in behavioral finance.
ADVICE

Personal Benchmarking

  • Index your investments to your life and personal goals.
  • Integrate your personal mission into your wealth management for better outcomes.
INSIGHT

Behavioral Policy Statement

  • Investors should have a behavioral policy statement alongside an investment policy statement.
  • This statement outlines expectations for both advisor and client, promoting long-term focus and healthy habits.
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