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Personal Benchmark: Integrating Behavioral Finance and Investment Management

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Daniel Crosby

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“[You’ll] learn how to improve your investment experience, increase returns formerly sacrificed to misbehavior, and worry less about “The economy” as you become increasingly focused on “My economy.”

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Book:Personal Benchmark: Integrating Behavioral Finance and Investment Management
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“The Church teaches us that it is harder for a rich man to enter heaven than it is for a camel to pass through the eye of a needle. But it is quite possible for a camel to pass through the eye of a needle, as long as the camel is dead, chopped extremely fine, and you have a lot of patience. I have always thought that instead money is like water. Let money flow to you and past you, like swimming in a river, and it's good, because them that money can be used for good. Keep it and you will drown. But most rich men don't even know they're drowning.”

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Book:If Blood Should Stain the Wattle
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“We were very much a reading family, but we were a borrow-a-book-from-the-library family more than a bookshelves-full-of-books family. My parents valued books, but they grew up in the Depression, aware of the quicksilver nature of money, and they learned the hard way that you shouldn't buy what you could borrow. Because of that frugality, or perhaps independent of it, they also believed that you read a book for the experience of reading it.”

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Book:The Library Book
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