MI Rewind: The Psychology of Money & Behavioral Finance w/ Daniel Crosby

<p><strong>IN THIS EPISODE, YOU’LL LEARN:</strong></p><ul><li>02:42 - What behavioral finance is and why behavioral finance has a big impact on one’s success as an investor.</li><li>06:22 - Daniel’s most important money lessons and why investors need to get them right.</li><li>11:03 - Whether money can buy happiness or not.</li><li>23:44 - Daniel’s framework on whether you should pick individual stocks in your portfolio, or just invest in low-cost index funds.</li><li>27:26 - Why stock picking can be very difficult for individual investors.</li><li>And much, much more!</li></ul><p><br></p><p><em>*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.</em></p><p><br></p><p><strong>BOOKS AND RESOURCES</strong></p><ul><li>Daniel Crosby’s podcast <a href="https://podcasts.apple.com/us/podcast/standard-deviations-with-dr-daniel-crosby/id1241946146" rel="noopener noreferrer" target="_blank"><strong>Standard Deviations</strong></a>.</li><li>Daniel Crosby’s book <a href="https://www.amazon.com/Laws-Wealth-Psychology-Investing-Success/dp/B07RWDHRS3?dchild=1&amp;hvadid=241723221116&amp;hvdev=c&amp;hvlocphy=1021696&amp;hvnetw=g&amp;hvqmt=e&amp;hvrand=12899035845163183026&amp;hvtargid=kwd-103563702570&amp;hydadcr=21908_10171249&amp;keywords=laws+of+wealth+daniel+crosby&amp;qid=1634659784&amp;qsid=134-4259355-2607942&amp;sr=8-2&amp;sres=0857197835%2C0857196863%2C1595718362%2C1544502354%2C0857197681%2C1501124021%2C1119404509%2CB07RLQDVXM%2C1612549209%2CB075PTTKMQ&amp;srpt=ABIS_BOOK&amp;returnFromLogin=1&amp;linkCode=ll1&amp;tag=millenniali0e-20&amp;linkId=6dbd980014a13770ec86ae4bd05ac1bf&amp;language=en_US&amp;ref_=as_li_ss_tl" rel="noopener noreferrer" target="_blank"><strong>The Laws of Wealth</strong></a>.</li><li>Daniel Crosby’s book <a href="https://www.amazon.com/Behavioral-Investor-Daniel-Crosby-ebook/dp/B07HH99WH8?dchild=1&amp;keywords=daniel+crosby&amp;qid=1634567811&amp;s=digital-text&amp;sr=1-1&amp;linkCode=ll1&amp;tag=millenniali0e-20&amp;linkId=b69250a3d33813679f027046b7