Dr. Daniel Crosby

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368 appearances 1 recordings 1 series first heard Aug 2021 last heard Aug 2021

Dr. Daniel Crosby’s voice in public audio — every appearance, attributed to the second.

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Australian Finance Podcast · Behavioural Investing | Dr Daniel Crosby, PhD · 16 Aug 2021 podcast

I had entered university with an eye to doing what my father did.

I had now sort of fallen in love with psychology.

So sure enough, I ended up getting my bachelor's degree in psychology.

But as part of that process, I was struggling still because I was like, ah, is it going to pay enough?

What kind of life will this provide?

And my dad encouraged me to go down to the local bookstore and he's like, go pick up some books about investing and see if they appeal to you.

And they didn't.

I mean, they were quite boring to me.

I picked up a couple of books about investing.

I'm like, ah, this leaves me pretty dry.

And so I proceeded full steam ahead with my PhD in clinical psychology.

Well, about midway through that clinical psychology degree, I was sort of burning out on the process of one-to-one therapy and working with, you know,

thousands of patients every year and rediscovered the world of investing a little older, a little wiser, and discovered this world of behavioral finance, which was the intersection of my two great loves, which allowed me to think deeply about why people do the things that they do like a psychologist, but didn't require me to do the stressful day in and day out of a clinical psychologist.

So those sort of two experiences shaped me greatly and sort of landed me at this intersectional sort of discipline that I work in today.

Well, it's a it's a great question, and it's one that most of us are blind to.

You know, I talked about how I grew up in this home where finance was was very much top of mind.

But, you know, when I was a young man and I called my dad and said, hey, you know, you know,

I'm thinking about a career change and he said, well, hey, there's a ton of psychology in the work that I do.

I was incredulous because I was like, what?

You're a numbers guy.

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