Daniel Crosby has 2 audiobooks on Listento.it, narrated by 2 narrators, with an average listener rating of 4.5★ across 13 ratings. The most-rated is The Behavioral Investor.
The Behavioral Investor
Summary
From the New York Times best-selling author of the book named the best investment book of 2017 comes The Behavioral Investor, an applied look at how psychology ought to inform the art and science of investment management. In The Behavioral Investor, psychologist and asset manager Dr. Daniel Crosby examines the sociological, neurological, and psychological factors that influence our investment decisions and sets forth practical solutions for improving both returns and behavior. Listeners will be treated to the most comprehensive examination of investor behavior to date and will leave with concrete solutions for refining decision-making processes, increasing self-awareness, and constraining the fatal flaws to which most investors are prone. The Behavioral Investor takes a sweeping tour of human nature before arriving at the specifics of portfolio construction, rooted in the belief that it is only as we come to a deep understanding of “why” that we are left with any clue as to “how” we ought to invest. The book is comprised of three parts, which are as follows: Part One - An explication of the sociological, neurological, and physiological impediments to sound investment decision-making. Listners will leave with an improved understanding of how externalities impact choices in nearly imperceptible ways and begin to understand the impact of these pressures on investment selection. Part Two - Coverage of the four primary psychological tendencies that impact investment behavior. Although human behavior is undoubtedly complex, in an investment context our choices are largely driven by one of the four factors discussed herein. Listeners will emerge with an improved understanding of their own behavior, increased humility, and a lens through which to vet decisions of all types. Part Three - Illuminates the “so what” of Parts One and Two and provides a framework for managing wealth in a manner consistent with the realities of our contextual and behavioral shortcomings. Listeners will leave with a deeper understanding of the psychological underpinnings of popular investment approaches such as value and momentum and appreciate why all types of successful investing have psychology at their core. Wealth, truly considered, has at least as much to do with psychological as financial well-being. The Behavioral Investor aims to enrich listeners in the most holistic sense of the word, leaving them with tools for compounding both wealth and knowledge.
©2018 Harriman House (P)2019 Harriman House
The Laws of Wealth: Psychology and the Secret to Investing Success
Summary
From New York Times and USA Today best-selling author Dr. Daniel Crosby comes the behavioral finance book all investors have been waiting for. In The Laws of Wealth, psychologist and behavioral finance expert Daniel Crosby offers an accessible and applied take on a discipline that has long tended toward theory at the expense of the practical. Listeners are treated to real, actionable guidance as the promise of behavioral finance is realized and practical applications for everyday investors are delivered. Crosby presents a framework of timeless principles for managing your behavior and your investing process. He begins by outlining 10 rules that are the hallmarks of good investor behavior, including "Forecasting is for Weathermen" and "If you're excited, it's probably a bad idea". He then goes on to introduce a unique new taxonomy of behavioral investment risk that will enable investors and academics alike to understand behavioral risk in a newly coherent and complete way. From here, attention turns to the four ways in which behavioral risk can be combated and the five equity selection methods investors should harness to take advantage of behaviorally-induced opportunities in the stock market. Throughout, listeners are treated to anecdotes and research that explain the lessons in memorable ways. And in highly valuable "What now?" summaries at the end of each chapter, Crosby provides clear, concise direction on what investors should think, ask, and do to benefit from the behavioral research. Dr. Crosby's training as a clinical psychologist and work as an asset manager provide a unique vantage and result in a book that breaks new ground in behavioral finance. You need to follow the laws of wealth to manage your behavior and improve your investing process!
©2016 Harriman House (P)2019 Harriman House