GOLD MEDALLIST IN THE AXIOM BUSINESS BOOK AWARDS 2017From New York Times and USA Today bestselling 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. Readers are treated to real, actionable guidance as the promise of behavioral finance is realised 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 ten 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 combatted and the five equity selection methods investors should harness to take advantage of behaviorally-induced opportunities in the stock market. Throughout, readers are treated to anecdotes, research and graphics that illustrate 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!

From the New York Times bestselling 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. Readers 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. Readers 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. Readers 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. Readers 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 wellbeing. The Behavioral Investor aims to enrich readers in the most holistic sense of the word, leaving them with tools for compounding both wealth and knowledge.

Master your investment mindset with the behavioural finance rules that separate successful investors from the rest.From Dr. Daniel Crosby, psychologist, behavioural finance expert and New York Times bestselling author of The Soul of Wealth. With a foreword by Morgan Housel, bestselling author of The Psychology of Money.In The Laws of Wealth, Daniel Crosby presents three sets of real, actionable rules that you can use to apply the lessons of behavioural finance to your investments. Insights include:- The ten hallmarks of good investor behaviour- The Four Cs of Rule-Based Investing- The Five Ps of successful equity investingAnecdotes, research and graphics illustrate these lessons throughout. The Laws of Wealth is packed with practical methods to select stocks, combat risk and take advantage of behavioural opportunities in the market.Delivering the psychology of investing in practical, actionable terms, this is the clear, concise guide you need to become a better investor.'Should be read by all those new to investing' – Jim O'Shaughnessy, bestselling author of What Works on Wall Street

Master your investment mindset with the behavioural finance rules that separate successful investors from the rest.From Dr. Daniel Crosby, psychologist, behavioural finance expert and New York Times bestselling author of The Soul of Wealth. With a foreword by Morgan Housel, bestselling author of The Psychology of Money.In The Laws of Wealth, Daniel Crosby presents three sets of real, actionable rules that you can use to apply the lessons of behavioural finance to your investments. Insights include:- The ten hallmarks of good investor behaviour- The Four Cs of Rule-Based Investing- The Five Ps of successful equity investingAnecdotes, research and graphics illustrate these lessons throughout. The Laws of Wealth is packed with practical methods to select stocks, combat risk and take advantage of behavioural opportunities in the market.Delivering the psychology of investing in practical, actionable terms, this is the clear, concise guide you need to become a better investor.'Should be read by all those new to investing' – Jim O'Shaughnessy, bestselling author of What Works on Wall Street

In Personal Benchmark: Integrating Behavioral Finance and Investment Management, Chuck Widger and Dr. Daniel Crosby outline the ways in which a program of embedded behavioral finance, fueled by what matters most to you, can be your protection against irrational financial behavior. Along the way, you'll learn how to improve your investment experience, increase returns formerly sacrificed to misbehavior, and worry less about "The Economy" as you become increasingly focused on "My Economy."Welcome to a new way of investing, a new paradigm for conceptualizing wealth, and a system of turning emotion from your portfolio's worst enemy into its best friend!In this new model, risk is simply the likelihood that we will underperform our dreams. Irrationality is acting in ways that thwart our ability to reach those dreams. And the optimal portfolio is not the one that generates the highest return in abstraction, it is the one that helps us meet our goals without killing our nerves before we get there.This book gives advisors the tools needed to effectively communicate the design and execution of the Personal Benchmark solution.

In Personal Benchmark: Integrating Behavioral Finance and Investment Management, Chuck Widger and Dr. Daniel Crosby outline the ways in which a program of embedded behavioral finance, fueled by what matters most to you, can be your protection against irrational financial behavior. Along the way, you''ll learn how to improve your investment experience, increase returns formerly sacrificed to misbehavior, and worry less about "The Economy" as you become increasingly focused on "My Economy."

Welcome to a new way of investing, a new paradigm for conceptualizing wealth, and a system of turning emotion from your portfolio''s worst enemy into its best friend!

In this new model, risk is simply the likelihood that we will underperform our dreams. Irrationality is acting in ways that thwart our ability to reach those dreams. And the optimal portfolio is not the one that generates the highest return in abstraction, it is the one that helps us meet our goals without killing our nerves before we get there.

This book gives advisors the tools needed to effectively communicate the design and execution of the Personal Benchmark solution.

In Personal Benchmark: Integrating Behavioral Finance and Investment Management, Chuck Widger and Dr. Daniel Crosby outline the ways in which a program of embedded behavioral finance, fueled by what matters most to you, can be your protection against irrational financial behavior. Along the way, you''ll learn how to improve your investment experience, increase returns formerly sacrificed to misbehavior, and worry less about "The Economy" as you become increasingly focused on "My Economy."

Welcome to a new way of investing, a new paradigm for conceptualizing wealth, and a system of turning emotion from your portfolio''s worst enemy into its best friend!

In this new model, risk is simply the likelihood that we will underperform our dreams. Irrationality is acting in ways that thwart our ability to reach those dreams. And the optimal portfolio is not the one that generates the highest return in abstraction, it is the one that helps us meet our goals without killing our nerves before we get there.

This book gives advisors the tools needed to effectively communicate the design and execution of the Personal Benchmark solution.

Winner of the Axiom Business Book Awards 2025Discover why true wealth extends far beyond your bank balance – and how to achieve it.We find ourselves at a crossroads.We all know that true wealth is about far more than money. Wealth is friends, family, health, a vocation, command of your time, leisure, and whatever else is important to you.And yet, we are all guilty of acting as if money alone is wealth and an end in itself.How do we navigate this crossroads to find the right balance between monetary wealth and true, soulful wealth? Enter Daniel Crosby – behavioural finance expert and author of the smash hits The Laws of Wealth and The Behavioral Investor.In The Soul of Wealth, Daniel presents 50 short essays exploring what wealth really is and provides practical suggestions for changing your thinking and actions in small, powerful ways.You'll learn:- How your spending reveals your values- That money can buy happiness if spent well- What makes a good financial plan- Why willpower is overrated- How to master delayed gratification for the ultimate wealth hack- Why anything worth doing carries some risk- And much, much more!Accessible and inspirational, The Soul of Wealth is the ultimate compendium of the world's best behavioural and personal finance knowledge. It will challenge your thinking, rekindle forgotten truths, and empower you to embrace a new relationship with your money.

From the New York Times bestselling author of The Laws of Wealth, an enlightening and practical guide to using psychology to inform your investments.In The Behavioral Investor, psychologist and behavioral finance expert Dr. Daniel Crosby examines the sociological, neurological and psychological factors that influence our investment decisions. He sets forth practical solutions for improving both investment returns and behaviour, and for refining decision-making processes.Rooted in the belief that we can only learn 'how' to invest after understanding the 'why', The Behavioral Investor is a sweeping tour of the human nature behind the art of portfolio construction. It has three parts:- Part One – What are the sociological, neurological and physiological factors impeding good investing?- Part Two – What are the four primary psychological tendencies that drive investment decisions?- Part Three – An accessible framework for managing your wealth, with a psychology-driven approach.This new edition features a new foreword and a compelling bonus chapter. Having identified the behavioral realities of investors – our competing emotional needs, wants, and desires that we bring to the market – the new chapter sets out an actionable framework for designing portfolios that embrace human psychology rather than clamp down on it.True wealth has just as much to do with psychological as financial wellbeing. The Behavioral Investor will enrich you in the most holistic sense of the word, leaving you with essential tools for reaching your financial goals.

GOLD MEDALLIST IN THE AXIOM BUSINESS BOOK AWARDS 2017From New York Times and USA Today bestselling 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. Readers are treated to real, actionable guidance as the promise of behavioral finance is realised 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 ten 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 combatted and the five equity selection methods investors should harness to take advantage of behaviorally-induced opportunities in the stock market. Throughout, readers are treated to anecdotes, research and graphics that illustrate 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!

From the New York Times bestselling 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. Readers 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. Readers 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. Readers 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. Readers 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 wellbeing. The Behavioral Investor aims to enrich readers in the most holistic sense of the word, leaving them with tools for compounding both wealth and knowledge.

Master your investment mindset with the behavioural finance rules that separate successful investors from the rest.From Dr. Daniel Crosby, psychologist, behavioural finance expert and New York Times bestselling author of The Soul of Wealth. With a foreword by Morgan Housel, bestselling author of The Psychology of Money.In The Laws of Wealth, Daniel Crosby presents three sets of real, actionable rules that you can use to apply the lessons of behavioural finance to your investments. Insights include:- The ten hallmarks of good investor behaviour- The Four Cs of Rule-Based Investing- The Five Ps of successful equity investingAnecdotes, research and graphics illustrate these lessons throughout. The Laws of Wealth is packed with practical methods to select stocks, combat risk and take advantage of behavioural opportunities in the market.Delivering the psychology of investing in practical, actionable terms, this is the clear, concise guide you need to become a better investor.'Should be read by all those new to investing' – Jim O'Shaughnessy, bestselling author of What Works on Wall Street

Master your investment mindset with the behavioural finance rules that separate successful investors from the rest.From Dr. Daniel Crosby, psychologist, behavioural finance expert and New York Times bestselling author of The Soul of Wealth. With a foreword by Morgan Housel, bestselling author of The Psychology of Money.In The Laws of Wealth, Daniel Crosby presents three sets of real, actionable rules that you can use to apply the lessons of behavioural finance to your investments. Insights include:- The ten hallmarks of good investor behaviour- The Four Cs of Rule-Based Investing- The Five Ps of successful equity investingAnecdotes, research and graphics illustrate these lessons throughout. The Laws of Wealth is packed with practical methods to select stocks, combat risk and take advantage of behavioural opportunities in the market.Delivering the psychology of investing in practical, actionable terms, this is the clear, concise guide you need to become a better investor.'Should be read by all those new to investing' – Jim O'Shaughnessy, bestselling author of What Works on Wall Street

In Personal Benchmark: Integrating Behavioral Finance and Investment Management, Chuck Widger and Dr. Daniel Crosby outline the ways in which a program of embedded behavioral finance, fueled by what matters most to you, can be your protection against irrational financial behavior. Along the way, you'll learn how to improve your investment experience, increase returns formerly sacrificed to misbehavior, and worry less about "The Economy" as you become increasingly focused on "My Economy."Welcome to a new way of investing, a new paradigm for conceptualizing wealth, and a system of turning emotion from your portfolio's worst enemy into its best friend!In this new model, risk is simply the likelihood that we will underperform our dreams. Irrationality is acting in ways that thwart our ability to reach those dreams. And the optimal portfolio is not the one that generates the highest return in abstraction, it is the one that helps us meet our goals without killing our nerves before we get there.This book gives advisors the tools needed to effectively communicate the design and execution of the Personal Benchmark solution.

In Personal Benchmark: Integrating Behavioral Finance and Investment Management, Chuck Widger and Dr. Daniel Crosby outline the ways in which a program of embedded behavioral finance, fueled by what matters most to you, can be your protection against irrational financial behavior. Along the way, you''ll learn how to improve your investment experience, increase returns formerly sacrificed to misbehavior, and worry less about "The Economy" as you become increasingly focused on "My Economy."

Welcome to a new way of investing, a new paradigm for conceptualizing wealth, and a system of turning emotion from your portfolio''s worst enemy into its best friend!

In this new model, risk is simply the likelihood that we will underperform our dreams. Irrationality is acting in ways that thwart our ability to reach those dreams. And the optimal portfolio is not the one that generates the highest return in abstraction, it is the one that helps us meet our goals without killing our nerves before we get there.

This book gives advisors the tools needed to effectively communicate the design and execution of the Personal Benchmark solution.

In Personal Benchmark: Integrating Behavioral Finance and Investment Management, Chuck Widger and Dr. Daniel Crosby outline the ways in which a program of embedded behavioral finance, fueled by what matters most to you, can be your protection against irrational financial behavior. Along the way, you''ll learn how to improve your investment experience, increase returns formerly sacrificed to misbehavior, and worry less about "The Economy" as you become increasingly focused on "My Economy."

Welcome to a new way of investing, a new paradigm for conceptualizing wealth, and a system of turning emotion from your portfolio''s worst enemy into its best friend!

In this new model, risk is simply the likelihood that we will underperform our dreams. Irrationality is acting in ways that thwart our ability to reach those dreams. And the optimal portfolio is not the one that generates the highest return in abstraction, it is the one that helps us meet our goals without killing our nerves before we get there.

This book gives advisors the tools needed to effectively communicate the design and execution of the Personal Benchmark solution.

Winner of the Axiom Business Book Awards 2025Discover why true wealth extends far beyond your bank balance – and how to achieve it.We find ourselves at a crossroads.We all know that true wealth is about far more than money. Wealth is friends, family, health, a vocation, command of your time, leisure, and whatever else is important to you.And yet, we are all guilty of acting as if money alone is wealth and an end in itself.How do we navigate this crossroads to find the right balance between monetary wealth and true, soulful wealth? Enter Daniel Crosby – behavioural finance expert and author of the smash hits The Laws of Wealth and The Behavioral Investor.In The Soul of Wealth, Daniel presents 50 short essays exploring what wealth really is and provides practical suggestions for changing your thinking and actions in small, powerful ways.You'll learn:- How your spending reveals your values- That money can buy happiness if spent well- What makes a good financial plan- Why willpower is overrated- How to master delayed gratification for the ultimate wealth hack- Why anything worth doing carries some risk- And much, much more!Accessible and inspirational, The Soul of Wealth is the ultimate compendium of the world's best behavioural and personal finance knowledge. It will challenge your thinking, rekindle forgotten truths, and empower you to embrace a new relationship with your money.

From the New York Times bestselling author of The Laws of Wealth, an enlightening and practical guide to using psychology to inform your investments.In The Behavioral Investor, psychologist and behavioral finance expert Dr. Daniel Crosby examines the sociological, neurological and psychological factors that influence our investment decisions. He sets forth practical solutions for improving both investment returns and behaviour, and for refining decision-making processes.Rooted in the belief that we can only learn 'how' to invest after understanding the 'why', The Behavioral Investor is a sweeping tour of the human nature behind the art of portfolio construction. It has three parts:- Part One – What are the sociological, neurological and physiological factors impeding good investing?- Part Two – What are the four primary psychological tendencies that drive investment decisions?- Part Three – An accessible framework for managing your wealth, with a psychology-driven approach.This new edition features a new foreword and a compelling bonus chapter. Having identified the behavioral realities of investors – our competing emotional needs, wants, and desires that we bring to the market – the new chapter sets out an actionable framework for designing portfolios that embrace human psychology rather than clamp down on it.True wealth has just as much to do with psychological as financial wellbeing. The Behavioral Investor will enrich you in the most holistic sense of the word, leaving you with essential tools for reaching your financial goals.