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THE 10TH ANNUAL AXIOM BUSINESS BOOK AWARDS HONORS “THE LAWS OF WEALTH”

Dr. Daniel Crosby’s work on applied behavioral finance takes the Gold Medal in the Personal Finance/Investing category.

ATLANTA – Axiom has announced the winners and finalists of THE 2017 BUSINESS BOOK AWARDS on February 15, 2017. Winners were announced in each of 22 business categories with The Laws of Wealth: Psychology and the Secret to Investing Success (Harriman House) taking the Gold Medal in the Personal Finance/Investing category. Awards were presented for titles published between April 2015 and December 2016.

Written by New York Times bestselling author Dr. Daniel Crosby, the prize-winning book aims to be the most practical treatise on behavioral finance written to date. The book is comprised of two parts, the first dealing with the application of psychological principles to financial planning and the second setting forth a practical system for improving asset management by incorporating the latest thinking in behavioral science.

Crosby, a doctor of psychology and President of Nocturne Capital, had the following to say: “For far too long the lessons of behavioral finance have been trapped in the ivory tower of academia and have had limited impact on investors. The Laws of Wealth was written to provide practical tools for managing self and wealth en route to an enjoyable and profitable investment journey. This high honor is a welcome recognition that we are on the right path.” In addition to the critical accolade bestowed by Axiom, The Laws of Wealth has enjoyed a popular commercial reception with brisk sales and a 4.8 average rating on Amazon.com.

Founded in 1996, the Axiom Business Books Award was created to “bring increased recognition to business books and their creators”, who may otherwise be overlooked in a publishing landscape that tends to focus on creative writing. Winners traversed the publishing landscape: Simon and Schuster, Pearson, HarperOne, Portfolio/Penguin, Harvard Business Press, MIT Press, Harriman House, Wiley, McGraw Hill, Penguin Random House, and many more contributed to this year’s strong competition.

NocturneCapital.com is behavioral asset management firm serving the needs of individuals and institutions committed to the research-based investment principles set forth in The Laws of Wealth.

Dr. Daniel Crosby is the President of Nocturne Capital and an executive at the Brinker Capital Center for Outcomes, a financial advisor education initiative that helps advisors understand the powerful impact behavioral science can have on their practices. Crosby was previously named to Investment News’ prestigious “40 Under 40” list and is the co-author (with Charles Widger of Brinker Capital) of the New York Times bestselling, Personal Benchmark.

A complete list of the winners and finalists of The 2017 Best Business Book Awards are available online at http://www.axiomawards.com.

Two Free Chapters of The Laws of Wealth

My publisher, Harriman House, has graciously agreed to let me distribute the Preface and a sample chapter of The Laws of Wealth to allow you to "try before you buy." The sales and the critical response to the book have exceeded all of my expectations and I'm grateful for this opportunity to continue to spread the word. Please enjoy your free chapters, help spread the word and consider purchasing the book here. Thank you! - DC

Introducing My New Book - The Laws of Wealth

Friends, 

Sometimes it felt as though this day would never come, but my new book The Laws of Wealth, is finally out. You can buy it here and I hope that you'll leave a review once you have completed the book. It's my belief that this book will provide investors and financial professionals with all of the tools they need to manage their behavior and their wealth. It's an audacious goal but one that I think is realized in a book of which I am very proud. 

You can read a fair and thorough review of the book HERE and check out a brief introduction below: 

"From 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."