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The Long View

Daniel Crosby: Can Money Really Buy Happiness?

The Long View

Morningstar

Finance, Dan Lefkovitz, Amy Arnott, Entrepreneurship, Investing Leaders, Jeff Ptak, Investors, Christine Benz, Influential Investors, Careers, Long-term Investing, Financial Services, Business, Investing, Morningstar

4.5775 Ratings

🗓️ 17 December 2024

⏱️ 56 minutes

🧾️ Download transcript

Summary

The author and financial psychologist discusses his new book on money and meaning, plus the challenges of spending in retirement.

Transcript

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0:00.0

At Jackson, we've created a digital retirement planning experience with you and mine.

0:05.5

Visit jackson.com to explore our easy-to-understand resources and user-friendly tools

0:10.1

that are designed to enable financial professionals and clients to plan a path to financial freedom.

0:15.5

Jackson is short for Jackson Financial Incorporated, Jackson National Life Insurance Company, Lansing, Michigan,

0:20.5

and Jackson National Life Insurance Company of New York, purchase New York.

0:26.5

Please stay tuned for important disclosure information at the conclusion of this episode.

0:33.0

Hi, and welcome to the Longview. I'm Christine Ben's Director of Personal Finance and Retirement Planning for Morningstar.

0:39.6

Today on the podcast, we welcome back Dr. Daniel Crosby.

0:43.4

Daniel is the author of a new book called The Soul of Wealth, 50 Reflections on Money and Meaning.

0:49.4

Daniel is the chief behavioral officer at Orion Advisor Solutions.

0:53.7

In addition to the Soul of money, Daniel has

0:55.8

written several other books on behavioral finance, including the behavioral investor, the laws of

1:01.4

wealth, psychology and the secret to investor success, and you're not that great. Daniel also hosts

1:08.2

his own podcast called Standard Deviations.

1:17.3

He received his Bachelor's of Science degree and Ph.D. in Psychology, both from Brigham Young University.

1:19.5

Daniel, welcome back to the Longview.

1:21.1

Christine, great to be with you.

1:22.6

Well, it's great to have you here.

1:24.4

Congratulations on the book.

1:26.3

I have to say, I really enjoyed it.

1:28.2

And when I get a little background on it.

1:38.4

What was your thinking in writing 50 shortish chapters or lessons as opposed to like 10 longer essays on the same sorts of topics?

...

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