The Limits of Willpower and What it Means for Investors

This week on the podcast we tackle the evidence for and against willpower and free will and discuss the following:

  • Would you have helped Anne Frank if you had been alive during Nazi occupation?
  • Why do people who drive Audis make such poor spouses?
  • What causes willpower to be depleted?
  • What should our understanding of the limits of willpower mean for the way that we manage money?

To listen to this latest edition of the Money, Mind and Meaning Podcast please click HERE and don't forget to rate, review and share to help us spread the word. Thank you!

Why Did I Do That? Episode 2: Bernie Madoff and the Myth of Self-Esteem

Self-esteem has historically been looked at as an unequivocal good but the research around the construct paints a more nuanced picture. In this episode of WDIDT, we will explore:

  • Does self-esteem predict positive life outcomes?
  • What is the best predictor of self-esteem?
  • Should everyone get a trophy?
  • How might the need to be special have led to the biggest Ponzi scheme of all time?

We are still awaiting approval on iTunes, but in the meantime you can catch the latest episode HERE.

Behavioral Finance Podcast with Dr. Daniel Crosby

This week, we’re excited to welcome Dr. Daniel Crosby to XYPN Radio. Daniel is one of the most well-known names in the behavioral finance and economics world. He is the founder of Nocturne Capital and the author of The Laws of Wealth: Psychology and The Secret to Investing Success.

On this episode, we’re diving into behavioral finance and how you can start helping clients make good decisions. Daniel’s message is incredibly powerful and he explains how you can better help clients understand the financial effects their choices have on their lives.

What You’ll Learn from This Episode:

  • How Daniel was able to blend two of his greatest interests into a career.
  • What the US needs to learn from Europe that would help financial planners.
  • The entrepreneurial opportunities that Daniel has found in the financial world.
  • The biggest challenge that financial planners face that most clients do not understand.
  • How to use Daniel’s 4-P model.