Standard Deviations with Dr. Daniel Crosby
Dr. Daniel Crosby
The Standard Deviations podcast is a weekly production that looks at money, mind and meaning, all through a psychological lens. Each week, psychologist and New York Times bestselling author Dr. Daniel Crosby interviews a fascinating new guest, experts in everything from finance to literature to wellness. Each guest provides listeners with three concrete ways to apply what was learned that week, ensuring that weekly listening becomes part of a path to a richer life. Episodes are brief, research-based, and designed to fit perfectly within your commute time. So, tune in for practical news that will help you make more, think more and be more.
Learn more by following Dr. Daniel @danielcrosby or visit the website at www.standarddeviationspod.com/
Standard Deviations is presented by Orion.
Learn more by following Dr. Daniel @danielcrosby or visit the website at www.standarddeviationspod.com/
Standard Deviations is presented by Orion.
Episodes
Mentioned books
Aug 7, 2017 • 18min
Should You Trust Your Gut? The Science Behind Intuition and Decision-Making
We are a nation in love with the idea of trusting intuition, but does it actually help us to make effective decisions? In today's episode we examine some of the research in favor of - and against - this notion of trusting your gut. What emerges is a complex picture that shows intuition to have some real, almost metaphysical power, that is domain specific in the usefulness of its application.
Aug 1, 2017 • 14min
Mastering Self-Awareness: 5 Practical Tips to Combat Overconfidence Bias
Excessive ego is the enemy of both good living and good investing and yet it is simultaneously a big part of what gets us out of bed in the morning. In this podcast, you'll learn 5 practical ways to make better decisions by beginning to see the world more clearly.
Jul 25, 2017 • 15min
Why You’ll Never Change Anyone’s Mind on Facebook: The Psychology of Online Arguments
Many of us have had the experience of bickering with friends and loved ones on social media about political, religious or ethical differences of opinion. But does any of it do any good?
In this episode, we examine the persistence of belief, the difficulty in changing minds and the reasons why challenging someone with cold, hard facts may only make them MORE wed to their existing bad ideas.
Jul 17, 2017 • 8min
Why Investing Can Be Physically Painful: Understanding the Stress and Strain
We commonly speak of how "stressed out" we are today but as recently as a century ago, the idea of stress was viewed as unscientific. In this episode, we talk about the physical psychological impact of stress on investment decision-making and risk appetites. The takeaway? Good investing is so difficult partially because it is physically painful.
Jul 10, 2017 • 9min
The Impact of Storytelling in Investing: Transform Your Strategy with Compelling Narratives
Stories are powerful means of transmitting information and making sense of our own lives, but do they serve us well as investors? In this episode, we will answer these and other questions by looking at the price of a sequined glove, the performance of initial public offerings and how stories can hijack our brain on the way to our hearts.
Jun 29, 2017 • 10min
Value Investing Explained: How to Overcome Your Bias Against 'Cheap' Investments
It's counterintuitive, but a growing body of research suggests that you just don't like cheap things. In this episode, we discuss how price as a proxy for quality can be in dangerous in investing and give clues as to how behavioral investors can sever this spurious connection.
Jun 23, 2017 • 8min
Avoid These 10 Pitfalls to Protect Your Financial Future
Today's episode is a tongue-in-cheek examination of the ten best ways to ruin your investment future.
Jun 15, 2017 • 14min
The Uncomfortable Truth: Why Discussing Money Makes Us Uncomfortable
We love to fantasize about winning the lottery or buying a yacht, but have difficulty having sensible conversations about money with those we love. Dr. Crosby examines some of the religious, social and behavioral impediments to having conversations about money and issues a challenge to do better.
Jun 6, 2017 • 8min
The Time Will Never Be Right: Stop Waiting, Start Living
Our brains are designed to privilege safety and certainty over happiness and growth. Understanding this simple truth, we begin to realize that the time will never be perfect to do the thing we've always dreamed of and learn to press forward in spite of our fears.
Jun 2, 2017 • 10min
The Role of Self-Esteem in Bernie Madoff's Ponzi Scheme: Unmasking the Myth
Does everyone deserve a trophy?
In today's episode we look at the research around self-esteem and examine how the need to feel special may have played in to the biggest Ponzi scheme in history.
