Capital Allocators – Inside the Institutional Investment Industry cover image

Katy Milkman – How to Change (Capital Allocators, EP.199)

Capital Allocators – Inside the Institutional Investment Industry

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Confidence, Conformity, and Change

This chapter examines the intricate interplay between confidence and behavioral change, emphasizing the necessity of self-belief in goal pursuit while recognizing the pitfalls of overconfidence. It also addresses unique challenges faced by women and minorities, proposing strategies for improving workforce diversity and self-confidence. Finally, the chapter illustrates how social dynamics, particularly conformity among peers, can significantly influence personal performance and decision-making in various competitive scenarios.

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