Millennial Investing - The Investor’s Podcast Network
Business:Investing
MI Rewind: The Psychology of Money & Behavioral Finance w/ Daniel Crosby
Robert Leonard chats with Daniel Crosby about behavioral finance, the psychology of money, Daniel’s most important money lessons after studying countless investors, common misconceptions about money, and much, much more!
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
02:42 - What behavioral finance is and why behavioral finance has a big impact on one’s success as an investor.
06:22 - Daniel’s most important money lessons and why investors need to get them right.
11:03 - Whether money can buy happiness or not.
23:44 - Daniel’s framework on whether you should pick individual stocks in your portfolio, or just invest in low-cost index funds.
29:37 - Why stock picking can be very difficult for individual investors.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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