Why ego is the enemy for investors, with Dr Daniel Crosby
Daniel has written a new book, it’s called The Behavioural Investor, and it’s an applied look at how psychology ought to inform the art and science of investment management.
In the book, he examines the sociological, neurological and psychological factors that influence our investment decisions and sets forth practical solutions for improving both returns and behavior.
In this conversation, we chat about some of the sociological impacts on investor behaviour, the influence of ego on the investment decisions we make, whether growing awareness of the various issues is enough to result in change, and the latest thinking on loss aversion.
Here’s my conversation with Dr Daniel Crosby, author of The Behavioural Investor, in episode 379 of Informed Choice Radio.