This year on Standard Deviations, we are going to try something a little different. We will be running the episodes weekly now, there will be no guests, each episode will disappear a week after it publishes and we are really going to focus on meaning this season. In this episode, Dr. Daniel Crosby looks at metaphors, across global cultures, that reflect why others may not support your purpose and the potential dangers of Individualism. How can we properly navigate between the positives of Collectivism and Individualism in our own lives?

Educated at Brigham Young and Emory Universities, Dr. Daniel Crosby is a psychologist and behavioral finance expert who helps organizations understand the intersection of mind and markets. Dr. Crosby's first book, Personal Benchmark: Integrating Behavioral Finance and Investment Management, was a New York Times bestseller. His second book, The Laws of Wealth, was named the best investment book of 2017 by the Axiom Business Book Awards and has been translated into Japanese, Chinese, Vietnamese and German. His latest work, The Behavioral Investor, is an in-depth look at how sociology, psychology and neurology all impact investment decision-making. Daniel was named one of the “12 Thinkers to Watch” by Monster.com, a “Financial Blogger You Should Be Reading” by AARP and a member of InvestmentNews prestigious "40 Under 40". When he is not consulting around market psychology, Daniel enjoys independent films, fanatically following St. Louis Cardinals baseball, and spending time with his wife and three children.

Standard Deviations with Dr. Daniel Crosby

danielcrosby@gmail.com (The Laws of Wealth, The Behavioral Investor, The Soul of Wealth, Orion Advisor Solutions, Investing 101, How to invest, Investment Podcast, Psychology Podcast, Philosophy Podcast, Dr. Daniel Crosby)

Dr. Daniel Crosby - Crabs in a Bucket: Why Others May Not Support Your Purpose

MAR 20, 202510 MIN
Standard Deviations with Dr. Daniel Crosby

Dr. Daniel Crosby - Crabs in a Bucket: Why Others May Not Support Your Purpose

MAR 20, 202510 MIN

Description

Tune in to hear:

  • What does “Shirtsleeves to Shirtsleeves in three generations” refer to and why is this concept ubiquitous across many cultures?
  • What is the “crab in a bucket” theory and how do we see this play out with people? Why is this called “tall poppy syndrome” in Australia and New Zealand?
  • What are psychological “leveling mechanisms?” What do these look like in practice?
  • What is the African concept of Ubuntu and what can we learn from it?
  • How can we find a middle ground between Individualism and Collectivism?

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