For this week’s interview, we are going to take an in depth look at behavior in investing, how it hurts us, and what can potentially be done about it. My guest is psychologist Dr. Daniel Crosby. Daniel is the author of three books on Behavioral Finance, including the recent best seller The Behavioral Investor. He also recently became the Chief Behavior Officer at Brinker Capital.
Behavioral Finance can be a complex topic and many experts in the area tend to explain it with a level of complexity that is difficult for your average investor to comprehend, but Daniel is the opposite of that. He is able to take very difficult concepts and explain them in a way that not only is easy to understand, but also focuses on practical solutions rather than complicated theory.