
How even facts can mislead you with money
Making Money
00:00
The Pitfalls of Data Mining and Confirmation Bias in Investment Decisions
The chapter delves into how a fund manager ignored negative results from a study on gender diversity, showcasing dangers of data mining and confirmation bias in research and investments. It also explores the importance of cognitive diversity and equity in organizations, criticizing the misrepresentation of data in influential studies by companies like McKinsey.
Play episode from 29:36
Transcript


