Ep. 225: Alex Edmans - On "May Contain Lies"

Today, I am delighted to welcome Alex Edmans to the show. You may have heard of him or you may have come across him. He is a Professor of Finance at London Business School. He was voted professor of the year by Poets and Quants. He is also a prominent speaker and an author, including of his most recent and fabulous book, May Contain Lies -  How Stories, Statistics and Studies Exploit Our Biases.  He joined me to talk about the book.

The book is excellent because it emphasises a number of things crucial to good decision-making, including things like why a fact is not data, data is not evidence, and evidence is not proof. Alex shares his work on things like football results and their impact on stock market performance, biases, evaluating research, ESG investing, trade-offs, cognitive diversity, dissenting viewpoints, and much more related to decision-making.

Show notes:

Alex’s website

May Contain Lies – How Stores, Statistics and Studies Exploit Our Biases

Alex on football results and stock market sentiment

McKinsey’s “Diversity Matters” results revisited by Jeremiah Green and John Hand

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