Standard Deviations with Dr. Daniel Crosby

Brent Beshore, author of The Messy Marketplaces, is on a mission to build a wealth compounding enterprise comprised of the sort of small business that make up the backbone of American commerce. Join us as we talk: -How he maintains an attitude of "principled contrarianism" -The 10 ideas that have shaped his approach to life and business -His disdain for the term "irrationality"...

Change Your Environment, Change Your Life by Dr. Daniel Crosby

Nick Maggiuli is unrivaled in his ability to illustrate complex financial ideas simply using data. He joins Standard Deviations this week to discuss: How he manages bias in his search for the best data What he believes to be "the most important asset" Rules of thumb for deciding whether to trade time for money His innovative take on competition (or the lack thereof) Tune in and let Nick'...

Morgan Housel is one of the world's foremost leaders on all things money and human nature. He joins us this week to discuss: -Why education improves outcomes in other disciplines but not always in finance -The just-world fallacy as it pertains to wealth -The inescapability of our personal histories -The appropriate balance between optimism and pessimism Don't miss this conversation with one of the...

Jason is the CEO Active Investment Management Consulting, a former asset manager, the author of The Intuitive Investor and innovator in the world of financial services around making the field more introspective and empathic. He is one of the most original thinkers in finance and you won't want to miss this episode in which we discuss: Jason's take on the future of the asset management industry &qu...

Clare Flynn Levy is a former fund manager who is now the CEO of Essentia Analytics, a behavioral finance platform designed to help managers make better decisions. In this episode, we discuss: -Why Clare believes in active management at a time when fund flows suggest otherwise -How she tells some of the richest people in the world, "You're wrong" -The most common behavioral errors she see...

Jamie is a rising star in the world of finance who has burst onto the scene with his in-depth analysis of financial history. In this episode, Jamie helps us understand the lessons of financial history with an eye to learning from past mistakes. Our discussion includes: -How can learn from financial history without drawing spurious correlations? -Why the roots of modern ETFs actually begin in Medie...

Andy Swan is the founder of LikeFolio, a company that provides consumer behavior insights to investors and corporations. In this episode, we discuss using social media sentiment from sites like Twitter to make investment decisions. Our conversation includes: How accurate is Twitter sentiment at helping predict market moves? -Why Andy believes in concentrated portfolios The benefits of running a te...

When her life was upended by a series of tragic events, Joleen Mainz wasn't sure how to proceed. Luckily, she found strength in taking much of the same advice that she had given her clients over the years. Listen to this heart wrenching episode to learn: Why "eating your own" cooking is a must for financial professionals How Joleen maintains hope in the face of tragedy What you can do to...

Mindful Minute - The Formula For Happiness by Dr. Daniel Crosby

This week on Standard Deviations, Dr. Crosby is joined by Christine Benz, the Director of Personal Finance at Morningstar and author of "30 Minute Money Solutions: A Step-by-Step Guide to Managing your Finances." They take on the intersection of retirement and psychology, specifically focusing on goals-based approaches to retirement readiness. Talking points include: What is a goals-base...

The Myers-Briggs Type Indicator is the world's most popular personality instrument but isn't without its controversies. Loved by loyalists and sneered at by many social scientists, Dr. Turner gives a candid assessment of the strengths and weaknesses of the MBTI and speaks directly to how it can be used to deepen our understanding of self. Specifically, we discuss: The origins of the MBTI Common cr...

Bad news: Only about 40% of Americans get financial advice. Worse news: Only about half of those that receive financial advice actually follow it through. Dr. Moira Somers book, Advice That Sticks, has 5 keys for giving advice that is actually implemented.

Disagreements about money are the #1 reason for divorce in North America. But what do couples fight about when they fight about money? Dr. Crosby is here to share the five points of friction around wealth.

Joe Fitzgerald is worried. As a financial advisor, he sees the retirement savings crisis in America for what it is and has thoughts on how to fix it. Tune in to learn: Which cultural differences drive savings behaviors around the world The common behaviors shared by the best savers How to avoid "lifestyle creep" and living beyond your means

You may not have money today, but will you down the line? New research from Dr. Sarah Stanley Fallaw has the answer.

Aaron Klein is the CEO and co-founder of Riskalyze, a fintech company that has taken the world of financial advice by storm over the past five years. In this episode, Aaron touches on: The Riskalyze origin story Why he favors numerical over psychometric approaches to measuring risk What the future of fintech looks like How Riskalyze hires and trains for culture

Our favorite people are competent but just human enough to be believable. Tip: To be well loved be authentic about your weaknesses.

Corey Hoffstein is one of the brightest minds in quant investing and has a unique knack for making hard-to-understand concepts palatable for novice investors. Tune in this week to understand: • Why a risk-first approach to managing money could make sense • Why pain may actually be sought out when considering investment factors • What set of circumstances would cause Corey to reconsider a cherished...

Disagreements about money are the #1 reason cited for divorce in North America. In this Money Minute, we dig in to three reasons why couples have so much trouble with being candid about their finances.

Noreen Beaman is living the American Dream. After starting at Brinker Capital three decades ago, and having worked in every vertical in the company, she is now the CEO of the multi-billion dollar asset management firm. In this episode, Noreen shares the lessons of leadership she learned along the way, including: How she defines leadership The steps she takes to ensure that Brinker's culture remain...

The Power of Goals Based Investing - Dr. Daniel Crosby by Dr. Daniel Crosby

Today on the podcast, Dr. Crosby is joined by Michele Fine, an award-winning financial professional based in New York. We discuss: What's broken and what works in today's wealth management industry The importance of managing fees, risk and taxes How to prevent lifestyle creep Under-considered investment strategies

A discussion of the 4 Cs of behavioral investment management as found in The Laws of Wealth: Psychology and the Secret to Investing Success.