Daniel Crosby Profile Banner
Daniel Crosby Profile
Daniel Crosby

@danielcrosby

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45,533
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Shrink. Author. Into FinTech, behavioral finance, existentialism, inkblots, & tweed. Books - Laws of Wealth, Behavioral Investor Podcast - Standard Deviations

Joined November 2009
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@danielcrosby
Daniel Crosby
2 years
I used to drink tons of Diet Coke but it’s been one month since I’ve had a drop. I want to share some of the changes I’ve observed in myself over that time: - My health is unchanged - I’m less happy - My one source of joy is gone Thanks for encouraging me on this journey!
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@danielcrosby
Daniel Crosby
2 years
@DietCoke please DM me with sponsorship details
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@danielcrosby
Daniel Crosby
3 years
Doge crashing is a perfect example of how even the most sensible, well-researched, fundamentally sound investment can go south from time to time.
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@danielcrosby
Daniel Crosby
2 years
AirBNB remains the worst.
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@danielcrosby
Daniel Crosby
3 years
About to go figure out what my neighbor does for work and then go do that.
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@danielcrosby
Daniel Crosby
2 years
@LauraHolland Icky sweeteners that gave me incredible happiness.
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@danielcrosby
Daniel Crosby
3 years
A one page summary of some of the most important money lessons. Get these right and you'll be OK. (content via The Laws of Wealth/created by David Clarke)
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@danielcrosby
Daniel Crosby
4 years
America is back, baby.
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@danielcrosby
Daniel Crosby
3 years
The less you look, the easier it gets.
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@danielcrosby
Daniel Crosby
2 years
@elonmusk Hey @DietCoke , the richest person in the world is talking about your product because of my tweet. Do the right thing.
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@danielcrosby
Daniel Crosby
4 years
One coronavirus lesson that I hope we can internalize: most business travel is unnecessary. It’s expensive, it’s bad for families and the environment. 90% of trips and conferences could go away without anyone being worse off.
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@danielcrosby
Daniel Crosby
2 years
Oklahoma Little Leaguer gets hit in the head and then comforts the pitcher who hit him. IMAGINE NOT LOVING BASEBALL.
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@danielcrosby
Daniel Crosby
3 years
Just got the vaccine and now have an unshakable urge to use Teams and the entire Microsoft Office suite. Weird. I’m sure it’s nothing.
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@danielcrosby
Daniel Crosby
5 years
My definition of success includes being asleep at 4 a.m.
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5 years
The world's most successful people start their day at 4 a.m.
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@danielcrosby
Daniel Crosby
1 year
Biggest regrets of retirees in Harvard Adult Development Study: I wish I hadn’t worked so hard. I wish I’d cared less about what others thought of me and followed my own path.
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@danielcrosby
Daniel Crosby
6 years
In honor of Anthony Bourdain, today I will: - meet a new friend - try something I've never tasted before - not suffer fools - tell a difficult truth - reach out to someone who may be in pain RIP to a man who taught us not to fear "Parts Unknown", a message we need more than ever
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@danielcrosby
Daniel Crosby
3 years
Romance isn’t dead.
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@danielcrosby
Daniel Crosby
4 years
Law of compounding: If you just focus on getting 1% better everyday, you will be completely insufferable in 24 days.
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@danielcrosby
Daniel Crosby
2 years
@RyanPKirlin I totally get it. I guess my biggest beef is the deceptive "signage." You think you're getting a room for $300 and it's...$700? Just advertise the total cost more transparently.
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@danielcrosby
Daniel Crosby
2 years
This can’t be happening!
@elonmusk
Elon Musk
2 years
@danielcrosby Diet Coke is amazing, especially the soda fountain version at movie theaters with salt & butter popcorn
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@danielcrosby
Daniel Crosby
3 years
Anyone else having the “we should move to a cabin in the woods” talk with their spouse on the regular?
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@danielcrosby
Daniel Crosby
6 years
This baby is launched! Thanks for the support, friends.
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@danielcrosby
Daniel Crosby
5 years
My favorite paragraph in The Behavioral Investor. Let’s get it, folks.
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@danielcrosby
Daniel Crosby
3 years
“Equity-like returns with fixed income-like volatility”
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@danielcrosby
Daniel Crosby
6 years
My sister in law has ~48 hours to live and a friend of the family just offered to buy my wife a ticket back to the States from Canada so that she could be with her in her final hours. We didn't ask, they just saw a need and met it. I love people.
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@danielcrosby
Daniel Crosby
4 years
In 1968 Pan Am was the largest and most profitable airline in the world, had the country’s largest commercial office building, and was the second most recognized brand in the world behind Coke. That’s why you diversify.
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@danielcrosby
Daniel Crosby
3 years
Still thinking about this twelve hours later
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@danielcrosby
Daniel Crosby
3 years
CFA vs MBA? Neither. Get a PhD. Why? It’s longer. It’s more expensive. You’ll learn a bunch of stuff that won’t replicate. Your Mom won’t think you’re a real doctor. Thank me later.
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@danielcrosby
Daniel Crosby
5 years
Please join my FIBKWAJYLAJRATNT movement: (Financial Independence but Keep Working a Job You Like and Just Retire at the Normal Time)
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@danielcrosby
Daniel Crosby
5 years
Big news in my world: I've accepted a role as Chief Behavioral Officer at @BrinkerCapital . We will be working to bring behavioral tools, training, and technology to financial advisors that will allow for the practical application of behavioral science.
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@danielcrosby
Daniel Crosby
4 years
Me, pre-Covid: “Actually, research shows that money spent on a big house provides little happiness...” Me, now: “GIVE ME THE BIGGEST HOUSE YOU HAVE. YES, 14 BEDROOMS SEEMS ABOUT RIGHT.”
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@danielcrosby
Daniel Crosby
4 years
I’d like to publicly apologize to my HOA for the black of my mailbox “not being sufficiently glossy.” There has been absolutely nothing else going on and this is a huge oversight on my part.
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@danielcrosby
Daniel Crosby
3 years
"Oh, so it's like a REIT but less diversified and more of a pain?" - me, every time I consider investment property
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@danielcrosby
Daniel Crosby
5 years
Neighbor: “Loved your book. If I buy some will you sign them so I can hand them out to friends.” Me: “Of course.” ***3 days later the doorbell rings***
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@danielcrosby
Daniel Crosby
3 years
1. Start a SPAC 2. Buy some Vanguard funds 3. Watch Netflix for a few years 4. Outperform 90% of SPACs 5. Bro down
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@danielcrosby
Daniel Crosby
3 years
Recent study says 65% of Americans would take a pay cut to work remotely. Y'all stink at negotiating. How about a pay raise since we're covering real estate, utilities, office furniture, and supplies.
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@danielcrosby
Daniel Crosby
6 months
There were signs.
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@danielcrosby
Daniel Crosby
5 years
The 6 behaviors that predict future wealth via @sarahfallaw : - Confidence - Frugality - Responsibility - Social Indifference - Focus - Planning
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@danielcrosby
Daniel Crosby
4 years
Me, a 40-year old, looking at all the 40 Under 40 announcements.
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@danielcrosby
Daniel Crosby
3 years
Passive Investors vs Active Investors
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@danielcrosby
Daniel Crosby
3 years
Ah yes, nothing like some good ole Newark or Seattle BBQ. Love it just like I love seafood from Omaha, pizza from Alabama, Italian food from Utah, and tacos from North Dakota.
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@danielcrosby
Daniel Crosby
6 years
The top two things that landed people on the Forbes 400: 1. Concentration 2. Leverage The top two reasons people eventually fell off the Forbes 400: 1. Concentration 2. Leverage via "The Aspirational Investor"
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@danielcrosby
Daniel Crosby
3 years
The original cryptocurrency.
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@danielcrosby
Daniel Crosby
3 years
Some real American Psycho energy here:
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@danielcrosby
Daniel Crosby
2 years
What. A. Day.
@mayemusk
Maye Musk
2 years
When I had my nutrition practice, I would allow up to 3 cans Diet Coke per day, for no scientific reason. Most clients didn’t drink that amount. I love my Diet Coke. Enjoy your life. #Dietitian #ItsGreatToBe74
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@danielcrosby
Daniel Crosby
3 years
Over the last few weeks I've been sharing a series of behavioral tips that can be applied to everything from wealth management to marketing and everything in between. I've compiled them all below in a thread:
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@danielcrosby
Daniel Crosby
6 years
Joe Biden is sitting behind me on the plane and I’m freaking out.
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@danielcrosby
Daniel Crosby
2 years
Of course this dumb tweet is the one that goes viral 😂
@danielcrosby
Daniel Crosby
2 years
I used to drink tons of Diet Coke but it’s been one month since I’ve had a drop. I want to share some of the changes I’ve observed in myself over that time: - My health is unchanged - I’m less happy - My one source of joy is gone Thanks for encouraging me on this journey!
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@danielcrosby
Daniel Crosby
6 years
I’m sitting on this plane in front of TWO motivational speakers who are BOTH on Keto diets. Pray for me.
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@danielcrosby
Daniel Crosby
5 years
. @choffstein asked me what I think is the biggest misunderstanding about behavioral finance. It is: “An awareness of bad behavioral tendencies will be sufficient to overcome them.” Good nutrition labels began in 1990 and since then:
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@danielcrosby
Daniel Crosby
8 months
There is a law, irrevocably decreed in heaven, that the less someone pays for your services, the more of a pain they are going to be.
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@danielcrosby
Daniel Crosby
5 years
The Indian edition of my book is 😍😍😍.
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@danielcrosby
Daniel Crosby
4 years
January 1 goal: DOMINATE 2020! January 27 goal: s u r v i v e
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@danielcrosby
Daniel Crosby
4 years
This clip still makes more sense than 2020.
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@danielcrosby
Daniel Crosby
6 years
Can’t believe DeMarcus Cousins signed with Ritholtz Wealth Management.
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@danielcrosby
Daniel Crosby
3 years
An app that automatically bills someone at your hourly rate every time they try to "pick your brain."
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@danielcrosby
Daniel Crosby
4 years
Say a prayer for me, a non-drinker, watching this debate.
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@danielcrosby
Daniel Crosby
2 years
@mbontrager5 That was actually what I was drinking - so good.
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@danielcrosby
Daniel Crosby
4 years
My sister-in-law, who passed away two years ago, would have been 34 today. Life can seem so strange and fractured right now but it's a reminder to me that as long as we are here there is good to be done. You're alive. Make some noise today.
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@danielcrosby
Daniel Crosby
4 years
Drink up.
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@danielcrosby
Daniel Crosby
5 years
Sometimes when I’m feeling down I think about the conference organizer who told me... “Your fee exceeds our desire to hear you speak” ...and I immediately feel better.
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@danielcrosby
Daniel Crosby
2 years
I’ve been depressed before but never depressed enough to use the “Play Something” button on Netflix.
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@danielcrosby
Daniel Crosby
2 years
Glad to see @CocaCola embracing me as the perfect brand ambassador. Consider: - My initials are DC - Live in Atlanta - Red is my favorite color - Viral tweet - Endorsement from world’s richest person It’s my time, adorable polar bears.
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@danielcrosby
Daniel Crosby
2 years
I used to drink tons of Diet Coke but it’s been one month since I’ve had a drop. I want to share some of the changes I’ve observed in myself over that time: - My health is unchanged - I’m less happy - My one source of joy is gone Thanks for encouraging me on this journey!
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@danielcrosby
Daniel Crosby
2 years
Ok, friends. @Vetta_Fi is giving a skate deck to the person with the most likes and I need to win this for my skater son to be a hero. Like this to help me make a little dude really happy 🤘 #FutureProofAC
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@danielcrosby
Daniel Crosby
7 years
The measure of a successful life (saw somewhere today): * You're excited to go to work. * You're excited to go home.
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@danielcrosby
Daniel Crosby
4 years
“I hope this email finds you Covid-free, untouched by murder hornets, unscathed by natural disasters and unharmed by civil unrest...”
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@danielcrosby
Daniel Crosby
7 months
Stanford research shows that 8 out of 10 people don't have a single, identifiable passion that organizes their lives. "Follow your passion" isn't life advice that works for most of us.
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@danielcrosby
Daniel Crosby
4 years
After 2 weeks of multiple health screens and asking everyone to quarantine, I surprised my closest inner circle with a trip to a private island where we could pretend things were normal just for a brief moment in time.
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@danielcrosby
Daniel Crosby
4 years
No worries, y’all. Should have this sorted by tomorrow.
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@danielcrosby
Daniel Crosby
4 years
God, give me the confidence of these advisors with six months of experience cold contacting me on LinkedIn and asking to manage my money.
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@danielcrosby
Daniel Crosby
2 years
My daughter goes to college in five years and we want to visit at least one international destination every year between now and then. If you could visit just five places in five years, which would you choose?
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Daniel Crosby
5 years
It’s impossible to overstate the power of what Jack Bogle did for everyday people. He’s the proof that finance can be a powerful force for good in the world.
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@danielcrosby
Daniel Crosby
3 years
People on my LinkedIn mentions saying, “why should we pay city wages to someone who lives in flyover country?” Your comp should be function of the value you provide your employer, not how much a sandwich costs in your neighborhood.
@danielcrosby
Daniel Crosby
3 years
Recent study says 65% of Americans would take a pay cut to work remotely. Y'all stink at negotiating. How about a pay raise since we're covering real estate, utilities, office furniture, and supplies.
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@danielcrosby
Daniel Crosby
6 years
? for finding meaningful work: · What are my natural gifts? · What makes me lose track of time? · How have I best served others? · What is my favorite type of pain? · What would my 8 year old self think?
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@danielcrosby
Daniel Crosby
6 months
😍😍😍
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@danielcrosby
Daniel Crosby
3 years
We didn’t send out Christmas cards this year because of *gestures at everything* but the Crosby fam wishes you and yours an incredible holiday season. Thanks to all who have offered support, advice, and friendship in this crazy year.
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@danielcrosby
Daniel Crosby
5 years
What is your most hated market metric? Mine: Forward P/E
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@danielcrosby
Daniel Crosby
5 years
You all know that @brianportnoy is a great friend of mine and someone whose thinking I admire a ton. Well… Our books were just named co-winners of the best investment book of the year from the Axiom Business Book Awards. This makes me so happy.
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@danielcrosby
Daniel Crosby
4 years
My buddy’s neighborhood in Provo just won Halloween.
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Daniel Crosby
3 years
School is out but still fiddna teach these kids about capitalism.
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@danielcrosby
Daniel Crosby
4 years
Why more is never enough - via A Guide to the Good Life
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@danielcrosby
Daniel Crosby
2 years
Friend sent me this and I have questions:
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@danielcrosby
Daniel Crosby
3 years
What’s a folksy aphorism that you find cringeworthy? Mine: “Everything happens for a reason.”
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Daniel Crosby
4 years
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@danielcrosby
Daniel Crosby
4 years
Tips for better sleep: No caffeine after lunch and limit alcohol intake Sleep/wake at consistent times Lots of natural light in the day and no blue light at night Exercise regularly Put phone in a different room Consider a melatonin supplement Read right before going to bed
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@danielcrosby
Daniel Crosby
3 years
You really just have to embrace how ridiculous everything is right now. Fighting it will only make you crazy.
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@danielcrosby
Daniel Crosby
2 years
Can’t remember who mimetically persuaded me to read this ( @jposhaughnessy maybe?) but it’s the best thing I’ve read in forever.
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@danielcrosby
Daniel Crosby
3 years
21 Financial Resolutions for 2021 (and 20 Things We are Leaving in 2020): 21 resolutions for 2021 Spend less than you make, period Work with an advisor to get a formal financial plan Own the world: diversify within and between asset classes
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@danielcrosby
Daniel Crosby
5 years
Yes.
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@danielcrosby
Daniel Crosby
3 years
I have no business having a family this awesome.
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@danielcrosby
Daniel Crosby
4 years
When you feel like you’re doing OK but then a couple with $30 million says they are “working toward financial independence” 😬😅
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@danielcrosby
Daniel Crosby
3 years
Even if you’re fully vaccinated, the CDC still strongly warns against trying to time the market based on CAPE valuations.
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@danielcrosby
Daniel Crosby
4 years
"A recent study from Morningstar listed 15 attributes of financial advisors asking investors and advisors to rank them from most important to least important. Investors ranked behavioral coaching dead last while ranking “maximizing returns” in the top five."
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@danielcrosby
Daniel Crosby
4 years
Normally I'm a "no Christmas until after Thanksgiving" guy but this year is different. I'm going to sing carols for two months. I'm putting up a tree tomorrow. I want my house to smell like a cinnamon stick 24/7. This year has been crazy - inject Christmas into my veins.
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@danielcrosby
Daniel Crosby
3 years
HBO Max. HBO Max app: content:
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@danielcrosby
Daniel Crosby
3 years
I’m curious - what’s the thing that’s going to put a stop to the speculation in stuff like Dogecoin?
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@danielcrosby
Daniel Crosby
5 years
The easiest way to change yourself in the new year is to change the situations you put yourself in, the people you surround yourself with and the ideas you put in your head.
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@danielcrosby
Daniel Crosby
3 years
Every financial advisor needs: - their own advisor - a therapist Working in finance involves stress, uncertainty, and most of all, being a barrier between your clients and their worst impulses. It takes a heavy dose of both self-understanding and self-care.
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