EP 381 - This week we talk to Alex Edmans about how you make decisions in a world full of misinformation. Alex is a Professor of Finance who has written and spoken extensively about subjects such as ESG (why those three letters don’t belong together) and why cognitive, rather than demographic diversity is a better indicator of business success.
He’s managed to do all that without getting cancelled, because his findings and talking points are guided by objective data rather than opinion. Though we do discuss how data itself can be misleading.
So if you want to know why too much diversity can be a bad thing, then dive in.
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Spotify Video Chapters:
00:00 BWB with Alex Edmans
01:15 Synopsis
02:07 Meet Alex - Professor of Finance
03:54 Challenges in Assessing Cognitive Diversity
08:08 The Role of Academics in Real-World Impact
18:00 Confirmation Bias and Its Impact on Decision Making
30:36 The Nuances of Diversity and Inclusion
35:22 The Evolution and Challenges of ESG Reporting
39:20 The Burden of Reporting
40:31 The Problem with Standardised Metrics
42:16 Regulation vs. Market Demand
43:21 SMEs and Purpose-Driven Business
44:52 The Complexity of ESG
48:29 Governance: A Historical Accident
01:11:40 The Importance of Financial Literacy
01:13:22 Quickfire - Get to Know Alex
01:17:50 Wrap Up
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