27 Nov Video: Daniel Crosby: Monkey in a Tux and Behavioral Finance 101
Have you ever seen a monkey in a tuxedo?
If the answer is yes…. we hope that you contacted animal services.
However, the image also serves as a visual metaphor for the average person’s lack of familiarity with their surroundings within the world of investment. This is according to psychologist, Dr Daniel Crosby who explains during the video how human’s natural tendencies, much like the monkey in a tux, often conflict with what’s required to obtain the best outcomes.
The video provides valuable insight into identifying these tendencies, which with the required self-control and discipline can be used to eliminate them.
We hope you find the materials both informative and entertaining and look forward to discussing them with you in the near future.