Marty Nachemson is a partner at Prosperian Wealth Management where he specializes in holistic financial planning. Today, he joins us to discuss how he stays adaptable in a business world that's always changing. We touch on: How "adaptability quotient" or AQ, differs from IQ and EQ Is the world really changing faster than ever? Harvard's take on the three keys to having high AQ How to create a culture that is comfortable with change
Jul 18, 2019•33 min•Ep. 99
Doug Shaw believes that we are all artists and teaches business professionals to regain the natural enthusiasm for creativity we all had as children. Join us this week to learn: How we can regain our former skill with and love of creative thinking -Why the World Economic Forum rates creativity as one of the top 3 skills needed for the future -How to focus on creative process rather than outcomes How to overcome the fear of failure that chokes out creative thinking Join us for this candid convers...
Jul 11, 2019•45 min•Ep. 98
Perth Tolle is the founder of the Life + Liberty index, the methodology underlying the launch of a new ETF. She joins us to discuss how she lives her mission of "We invest in freedom." Tune in to learn: -How Perth and her team measure the abstract concept of freedom -Why countries like the Philippines, with high profile human rights abuses, are still represented in the index -The unique danger AI presents for the flourishing of freedom You'll leave this interview inspired and better eq...
Jul 01, 2019•51 min•Ep. 97
Bob Seawright is the Chief Investment Officer of Madison Avenue Securities and a widely read blogger at Above the Market. He joins us to discuss: -How to actively seek out dissenting opinions -How investors can become educated without being inundated -Some practical tips for overcoming overconfidence Listen in to see what the king of long-form behavioral finance writing has to say about overcoming bias.
Jun 26, 2019•54 min•Ep. 96
Andrea Schaffer CLU® ChFC® CFP® is with Pacific Advisors in Claremont, California. Her practice focuses on individual and business planning, with special knowledge in charitable and investment planning, tax offset strategies, executive tax issues, executive benefits, and business succession. She joins us today to talk about opportunity zones, including: • What is an opportunity zone anyway? • From a social responsibility standpoint, why might OZ make sense? Join us to learn more about one of the...
Jun 20, 2019•36 min•Ep. 95
Ron Carson is one of the most successful financial advisors in the world in addition to being a bestseling author and sought after coach. He joins Standard Deviations to share his journey from college dorm room to the top of the mountain. Within, we discuss: How Ron moved from loving to hating the financial advice business Why he thinks that tech giants pose a threat to the world of finance His vision for the future of machine learning and artificial intelligence You won't want to miss this pers...
Jun 14, 2019•47 min•Ep. 94
Brent Beshore, author of The Messy Marketplaces, is on a mission to build a wealth compounding enterprise comprised of the sort of small business that make up the backbone of American commerce. Join us as we talk: -How he maintains an attitude of "principled contrarianism" -The 10 ideas that have shaped his approach to life and business -His disdain for the term "irrationality" with respect to human behavior Join us for a conversation with one of the most principled individua...
Jun 06, 2019•44 min•Ep. 93
Change Your Environment, Change Your Life by Dr. Daniel Crosby
May 31, 2019•8 min•Ep. 92
Nick Maggiuli is unrivaled in his ability to illustrate complex financial ideas simply using data. He joins Standard Deviations this week to discuss: How he manages bias in his search for the best data What he believes to be "the most important asset" Rules of thumb for deciding whether to trade time for money His innovative take on competition (or the lack thereof) Tune in and let Nick's data help you better manage your dollars....
May 30, 2019•38 min•Ep. 91
Morgan Housel is one of the world's foremost leaders on all things money and human nature. He joins us this week to discuss: -Why education improves outcomes in other disciplines but not always in finance -The just-world fallacy as it pertains to wealth -The inescapability of our personal histories -The appropriate balance between optimism and pessimism Don't miss this conversation with one of the deepest thinkers in finance!
May 22, 2019•58 min•Ep. 90
Jason is the CEO Active Investment Management Consulting, a former asset manager, the author of The Intuitive Investor and innovator in the world of financial services around making the field more introspective and empathic. He is one of the most original thinkers in finance and you won't want to miss this episode in which we discuss: Jason's take on the future of the asset management industry "Alpha wounds" or things that asset managers do that destroy value How people of all stripes ...
May 16, 2019•1 hr 6 min•Ep. 89
Clare Flynn Levy is a former fund manager who is now the CEO of Essentia Analytics, a behavioral finance platform designed to help managers make better decisions. In this episode, we discuss: -Why Clare believes in active management at a time when fund flows suggest otherwise -How she tells some of the richest people in the world, "You're wrong" -The most common behavioral errors she sees among fund managers
May 09, 2019•51 min•Ep. 88
Jamie is a rising star in the world of finance who has burst onto the scene with his in-depth analysis of financial history. In this episode, Jamie helps us understand the lessons of financial history with an eye to learning from past mistakes. Our discussion includes: -How can learn from financial history without drawing spurious correlations? -Why the roots of modern ETFs actually begin in Medieval Europe Jamie's favorite books on financial history Tune in to learn from the consensus FinTwit R...
May 02, 2019•36 min•Ep. 87
Andy Swan is the founder of LikeFolio, a company that provides consumer behavior insights to investors and corporations. In this episode, we discuss using social media sentiment from sites like Twitter to make investment decisions. Our conversation includes: How accurate is Twitter sentiment at helping predict market moves? -Why Andy believes in concentrated portfolios The benefits of running a tech company from a non-traditional location Andy is a true contrarian with ideas that you won't want ...
Apr 25, 2019•44 min•Ep. 86
When her life was upended by a series of tragic events, Joleen Mainz wasn't sure how to proceed. Luckily, she found strength in taking much of the same advice that she had given her clients over the years. Listen to this heart wrenching episode to learn: Why "eating your own" cooking is a must for financial professionals How Joleen maintains hope in the face of tragedy What you can do today to prepare for the unthinkable
Apr 18, 2019•40 min•Ep. 85
Mindful Minute - The Formula For Happiness by Dr. Daniel Crosby
Apr 15, 2019•8 min•Ep. 84
This week on Standard Deviations, Dr. Crosby is joined by Christine Benz, the Director of Personal Finance at Morningstar and author of "30 Minute Money Solutions: A Step-by-Step Guide to Managing your Finances." They take on the intersection of retirement and psychology, specifically focusing on goals-based approaches to retirement readiness. Talking points include: What is a goals-based approach to retirement and what are its potential psychological advantages? What is mental account...
Apr 11, 2019•46 min•Ep. 83
The Myers-Briggs Type Indicator is the world's most popular personality instrument but isn't without its controversies. Loved by loyalists and sneered at by many social scientists, Dr. Turner gives a candid assessment of the strengths and weaknesses of the MBTI and speaks directly to how it can be used to deepen our understanding of self. Specifically, we discuss: The origins of the MBTI Common criticisms of the MBTI including validity and reliability Each of the four personality scales The idea...
Apr 08, 2019•53 min•Ep. 82
Bad news: Only about 40% of Americans get financial advice. Worse news: Only about half of those that receive financial advice actually follow it through. Dr. Moira Somers book, Advice That Sticks, has 5 keys for giving advice that is actually implemented.
Apr 08, 2019•6 min•Ep. 81
Apr 04, 2019•5 min•Ep. 80
Disagreements about money are the #1 reason for divorce in North America. But what do couples fight about when they fight about money? Dr. Crosby is here to share the five points of friction around wealth.
Apr 01, 2019•9 min•Ep. 79
Joe Fitzgerald is worried. As a financial advisor, he sees the retirement savings crisis in America for what it is and has thoughts on how to fix it. Tune in to learn: Which cultural differences drive savings behaviors around the world The common behaviors shared by the best savers How to avoid "lifestyle creep" and living beyond your means
Mar 28, 2019•33 min•Ep. 78
You may not have money today, but will you down the line? New research from Dr. Sarah Stanley Fallaw has the answer.
Mar 25, 2019•4 min•Ep. 77
Aaron Klein is the CEO and co-founder of Riskalyze, a fintech company that has taken the world of financial advice by storm over the past five years. In this episode, Aaron touches on: The Riskalyze origin story Why he favors numerical over psychometric approaches to measuring risk What the future of fintech looks like How Riskalyze hires and trains for culture
Mar 21, 2019•58 min•Ep. 76
Our favorite people are competent but just human enough to be believable. Tip: To be well loved be authentic about your weaknesses.
Mar 18, 2019•5 min•Ep. 75
Corey Hoffstein is one of the brightest minds in quant investing and has a unique knack for making hard-to-understand concepts palatable for novice investors. Tune in this week to understand: • Why a risk-first approach to managing money could make sense • Why pain may actually be sought out when considering investment factors • What set of circumstances would cause Corey to reconsider a cherished investment factor • Why honesty and candor can be essential characteristics of good asset managers...
Mar 14, 2019•1 hr 1 min•Ep. 74
Disagreements about money are the #1 reason cited for divorce in North America. In this Money Minute, we dig in to three reasons why couples have so much trouble with being candid about their finances.
Mar 11, 2019•8 min•Ep. 73
Noreen Beaman is living the American Dream. After starting at Brinker Capital three decades ago, and having worked in every vertical in the company, she is now the CEO of the multi-billion dollar asset management firm. In this episode, Noreen shares the lessons of leadership she learned along the way, including: How she defines leadership The steps she takes to ensure that Brinker's culture remains vibrant What she learned from her biggest professional mistake The place of failure and hardship i...
Mar 07, 2019•41 min•Ep. 72
The Power of Goals Based Investing - Dr. Daniel Crosby by Dr. Daniel Crosby
Mar 04, 2019•56 min•Ep. 71
Today on the podcast, Dr. Crosby is joined by Michele Fine, an award-winning financial professional based in New York. We discuss: What's broken and what works in today's wealth management industry The importance of managing fees, risk and taxes How to prevent lifestyle creep Under-considered investment strategies
Feb 28, 2019•41 min•Ep. 70
