September 11, 2018
Like a sequined glove worn by Michael Jackson becomes a collector's treasure, a stock with a story can easily become the next shiny thing. Dr. Daniel Crosby breaks down why stocks and stories don't mix.
September 05, 2018
We fall prey to a host of cognitive distortions that lead us to miscalibrate what brings us joy and sadness. These distortions make forecasting the actions of a dynamic human system like the stock market just about impossible. Daniel Crosby explains.
August 13, 2018
Dr. Daniel Crosby has a deal for you! If you give him three minutes of your time, he'll give you ten mistakes to avoid with your investments.
August 06, 2018
The biblical story of Naaman and what his conduct has to do with your wealth. Dr. Daniel Crosby breaks down how your actions have a much larger effect on your portfolio than outside influences.
July 30, 2018
Just as we laud improbable athletic achievements without adequately accounting for risk, we do likewise with large and singular financial events. Daniel Crosby dons a mullet and a baseball helmet to explain.
July 23, 2018
With bad news everywhere and situated at the end of a long bull market itís not hard to see why investors are rattled. But at times like this, it is time to take a deep breath and rely on rules instead of emotions. Daniel Crosby has the answers.
July 16, 2018
Like a frog in boiling water, you know when there is a BIG problem with your finances. But also like a frog in water that is slowly brought to a boil, you may not recognize the danger of insepid losses of your wealth's value due to inflation.
June 18, 2018
In an era where sex is discussed freely on the nightly news, we still donít know how to talk to one another about money. According to one study, speaking to children about money is among parentsí lowest priorities. Its time to start the conversation.
June 26, 2018
How do you avoid contracting "media transmitted irrationality?" Practice 'safe watching' of financial news
Watching the daily financial news media can seem harmless, but Dr. Daniel Crosby will guide you through the pitfalls of keeping too close a tab on the financial markets on this, Episode 18 of On Your Best Behavior.
July 02, 2018
Diversification is an idea as old as the bible and it continues to be a pillar of sound investing strategy. Dr. Daniel Crosby breaks down why it makes sense not just from a financial perspective, but an emotional one.