Paul Johnson

Gary Klein, a cognitive psychologist and founder of Shadow Box, is joined by finance experts Paul Johnson and Paul Sonkin. They delve into the Pre-Mortem method of risk assessment, highlighting its origins in the Air Force and its significance in avoiding investment failures. The trio discusses enhancing decision-making through tools like Shadow Box training and Cognitive After-Action Reviews. They critique common risk mitigation techniques and emphasize the necessity of fostering a candid dialogue in teams to improve outcomes and reduce overconfidence.

In this engaging conversation, Paul Johnson, a seasoned investor and professor, joins fellow financial expert Paul Sonkin, a portfolio manager and analyst, to discuss their groundbreaking book. They delve into the art of pitching investment ideas and the pivotal role of creativity in finance. The duo highlights the importance of understanding intrinsic value, competitive advantages, and effective communication between analysts and portfolio managers. Their insights into market dynamics and the wisdom of crowds offer valuable lessons for both novice and seasoned investors.

In this engaging discussion, seasoned value investing educator Paul Johnson shares insights into the evolution of investment strategies. He debates whether outperforming the index is truly the right goal and explores how artificial intelligence has changed the investing landscape. Paul highlights the importance of relationships and human judgment as lasting advantages in a tech-driven world. He also delves into the significance of motivating factors for wealth, emphasizing the pursuit of financial freedom over mere accumulation.