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Ep 14 - Leading with Values: Doug Lennick of think2perform on Emotional Intelligence for Success in Wealth and Life
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Behavioral finance expert Doug Lennick joins Jonathan Blau on the Crazy Wealthy podcast to discuss how emotional intelligence shapes successful investment decisions. Lennick, CEO of think2perform, pioneered behavioral finance applications decades before it became mainstream. He shares his "Four Rs" framework—Recognize, Reflect, Reframe, Respond—which helps investors overcome cognitive biases and make rational decisions during market volatility. The conversation explores how investor behavior determines financial success and emphasizes values-based decisions for effective wealth management.
What You’ll Learn in this Episode:
How the Four Rs framework (Recognize, Reflect, Reframe, Respond) helps you make better financial decisions by slowing down automatic emotional responses and engaging your reflective mind to overcome cognitive biases.
Why past behavior is more predictive than past performance, and how understanding behavioral patterns gives you control over your financial future through actionable changes you can make today.
The difference between emotional intelligence and moral intelligence, and why developing both as differentiating competencies is essential for making values-based decisions that align with what truly matters.
Want to make smarter financial decisions grounded in clarity and confidence? Subscribe and share the Crazy Wealthy Podcast. To learn more about Fusion Family Wealth’s evidence-based investment strategies, visit www.fusionfamilywealth.com and request our current disclosure brochure.
TIMESTAMPS:
00:00 Introduction to behavioral finance pioneer Doug and emotional intelligence in investing
07:55 Understanding amygdala hijack and why brains can't distinguish bear markets from real danger
11:00 The Four Rs framework: Recognize, Reflect, Reframe, Respond for better decision making
20:12 Doug's journey into financial services without a college degree
30:08 Differentiating competencies: Why emotional and moral intelligence trump technical skills
40:33 How to achieve happiness and aligning behaviors with values to achieve financial success
47:05 Jon and Amy recap the episode
KEY TAKEAWAYS:
Investor behavior, not market conditions, determines financial success. The Four Rs framework helps you make rational decisions during market volatility.
Past behavior predicts outcomes more reliably than past performance. Unlike market timing, your behavior can be changed through practice and self-awareness.
True fiduciary responsibility requires emotional intelligence and moral intelligence. Helping clients align decisions with values creates lasting impact.
ABOUT THE GUEST:
Doug is an internationally acclaimed author, a Certified Financial Planner and Behavioral Financial Advisor and is CEO and co-founder of think2perform, a firm internationally recognized for developing values-based decision-making and high performance in individuals and organizations.
Doug Lennick: books, biography, latest update
ABOUT THE HOST:
Jonathan Blau is the President and CEO of Fusion Family Wealth, a fiduciary wealth management firm he founded in 2013 to help families achieve clarity, confidence, and purpose with their money. With a deep focus on behavioral finance, Jonathan teaches investors how to recognize emotional biases and make evidence-based decisions that support long-term success. A sought-after speaker in wealth management, Jonathan previously held senior roles in tax and estate planning at Arthur Andersen. He has a BS in Finance, an MS in Taxation, and an MBA in Accounting.
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