Standard Deviations with Dr. Daniel Crosby

Standard Deviations is pleased to welcome Meredith Jones, award-winning author of Women of the Street and an internationally recognized expert on women and investing. She was named one of Inc. magazine’s “17 Inspiring Women To Watch in 2017” and a Distinguished Author by the Securities and Exchange Commission in 2018. She has been a regular columnist for Institutional Investor and is a contributor for Market Watch. In this episode, Meredith tackles Wall Street's diversity problem while making the case for women as the ultimate behavioral investors. Listeners will leave with:

Learn more about Meredith:

http://www.aboutmjones.com/about/

https://www.youtube.com/watch?v=-UR6WvCoNGQ

Meredith's book:

https://www.amazon.com/Women-Street-Managers-Generate-Returns/dp/1137462892/ref=sr_1_1?ie=UTF8&qid=1538396356&sr=8-1&keywords=women+of+the+street+jones

In this episode of Standard Deviations, Eric McDermott, a Managing Partner at Pacific Advisors, Financial Specialist and marketing guru breaks down the steps investors can take to operate from a “risk first” mentality.

Learn fascinating facts about the origins of insurance as an industry and how to overcome overconfidence en route to having candid conversations about risk.

Eric’s book recommendation: Man’s Search for Meaning

Follow up with Eric: http://www.pacificadvisors.com/team/eric-mcdermott

This week on Standard Deviations, Dr. Crosby speaks with Brian Portnoy, Ph.D., CFA, an expert at simplifying the complex world of money.

In his two books, The Investor's Paradox and The Geometry of Wealth, he tackles the challenges of not only making better investment decisions but also how money figures in to a joyful life. He is currently the Director of Investment Education at Virtus Investment Partners and has spent the last 25 years as educator, investor, and strategist.

He holds a doctorate from the University of Chicago and currently lives on the north side of Chicago with his wife and three children.

Listen in to learn:

Why Brian has banished the word busy from his life

In today's episode we run through the six signs of a financial bubble.

In this episode, Dr. Crosby asserts that owning our personal mediocrity is paradoxically the key to personal exceptionalism. Huh? Listen in to hear why owning that you're not that great could be the key to greatness.

Investment diversification is widely-accepted best practice for financial reasons but the psychology of not putting all of your eggs in one basket is at least as powerful. Listen in to understand the psychology of winning by not losing.

A debate rages about the impact of emotion on investment decision-making. Some believe it to be a source of signal where others just see noise. In today's episode, we look at some of the research around investing and emotion and suggest that exciting investing is often bad investing.

In most endeavors, staying informed is a positive. So why is it that people who watch less financial news tend to be outperformed than the truly plugged in when considering investing? Listen in to understand how to consume financial media without being consumed by the hype.

The stock market can be extremely volatile, but with a little understanding of market history and dynamics, you can navigate its ups and downs with greater ease.

On this week's episode we review the evidence around whether or not to hire a financial advisor and offer ten questions for separating great advisors from the not so great.