The Psychology of Money: Why Investors Sabotage Themselves with Dr. Daniel Crosby
In this episode of Wealth on the Move, host Will Hoffman welcomes back Dr. Daniel Crosby, a behavioral finance expert and author. They discuss the role of behavioral insights in financial advising, the evolution of Dr. Crosby's book, and the psychological factors that influence investor behavior. Dr. Crosby outlines the four pillars of financial decision-making: ego, emotion, attention, and conservatism, and emphasizes the importance of understanding these factors to improve investment outcomes. The conversation highlights the challenges investors face and the need for better financial…
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