Why Smart People Make Dumb Money Decisions
On this episode of Talking Wealth, Michael Batnick is joined by psychologist and New York Times bestselling author Dr. Daniel Crosby to discuss the newly released second edition of The Behavioral Investor and the four biases driving our biggest investing mistakes: ego, emotion, attention, and conservatism. They explore how psychology shapes financial decisions, why investors struggle to keep politics out of their portfolios, and the relationship between money and happiness. Plus, navigating midlife, what it means to be a good investor in the age of AI, and how to stop getting in your own way when it comes to building wealth.
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