The Wealth Exchange

Hot Topic: The Behaviour Behind Bad Investing with Dr. Daniel Crosby


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CEO John Nicola, interviews Dr. Daniel Crosby; a Psychologist, behavioral finance expert, and New York Times best-selling author who helps organizations understand the intersection of the mind and markets.

In their discussion today, they talk about the markets so far this year; it's effect on investor behavior, including the perversity of risk; and the psychology behind success. Dr. Crosby explains the four consistent types of behavioral risk, the three pieces we need to have in place to be able to make real changes in our behavior, what cognitive dissonance is and how it applies to the way investment decisions get made, and how someone can objectively measure how successful they are as a behavioral investor.

For more information on this episode, visit:

www.NicolaWealth.com/Category/Podcasts

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