Masters in Business

Cass Sunstein, a Harvard Law School professor and co-author of "Algorithmic Harm: Protecting People in the Age of Artificial Intelligence," dives into the duality of algorithms, likening their impact to Jedi versus Sith. He discusses how algorithms influence consumer behavior, shaping everything from Uber pricing to TikTok feeds, and raises concerns about cultural echo chambers. Sunstein also tackles the ethical implications of pricing in high-demand situations and argues for greater transparency and consumer awareness in the digital marketplace.

Tom Barkin, President and CEO of the Richmond Federal Reserve, shares his insights after three decades at McKinsey and a shift into public service. He dives into the complexities of US monetary policy, the impact of COVID-era fiscal measures on inflation, and the unequal recovery of urban versus rural economies. Additionally, Barkin discusses the evolving role of ETFs in finance and how remote work is reshaping real estate markets. With anecdotes linking golf to economic discussions, he balances serious topics with a lighter touch.

Morgan Housel, author of the best-selling "Psychology of Money," shares his transformative journey from finance to writing. He emphasizes the importance of adaptability and passion when making significant career shifts. Housel explains the evolution of his writing style to engage modern readers and discusses how serendipity often influences success. He also addresses the irrationality of letting college choices dictate one’s career path, advocating for proactive changes when dissatisfaction arises. A blend of skill, hard work, and a sprinkle of luck is key!

Get ready for a lively exploration of the business world! The hosts discuss making business news engaging and relatable, connecting it to everyday life. You'll hear fascinating insights on interpreting crucial financial events, and even the quirky business of wolf cloning! They promise to bring you the stories that matter from both Wall Street and Main Street, ensuring that what affects money and markets truly impacts everyone.

Ron Shaich, co-founder of Au Bon Pain and the visionary behind Panera Bread, shares his remarkable journey in the fast-casual dining industry. He reflects on turning a cookie store into a national brand and discusses his insights on competition, particularly with coffee giants like Starbucks. Shaich emphasizes the importance of innovation in business and his strategic investments in Mediterranean cuisine through Act III Holdings. He also offers valuable advice for aspiring food service professionals, blending his entrepreneurial wisdom with a passion for dining.

Morgan Housel, acclaimed author of "The Psychology of Money" and "The Art of Spending Money," dives into the nuances of spending wisely. He challenges the traditional focus on earning and investing by emphasizing the importance of intentional spending. Housel discusses the complex relationship between money and happiness, shedding light on how social media distorts our perception of wealth. He also explores the emotional journey of home buying and champions prioritizing peace of mind in spending for a richer, more fulfilling life.

David Altschuler, the Chief Scientific Officer at Vertex, dives into the pressing issue of sickle cell disease affecting 100,000 Americans. He discusses the company’s strategic focus on targeting this disease and the extensive R&D efforts behind it. The conversation touches on the social implications of sickle cell, particularly the challenges faced by African-American patients in accessing effective treatment. Insights on innovative therapies and the emotional toll on patients highlight the importance of compassionate care and the hope for improved patient outcomes.

John Montgomery, the President and CEO of Bridgeway Capital Management, shares his unique journey from engineering to finance, highlights his firm's dedication to philanthropy by donating half of profits to support war crime victims, and discusses the evolution and strategic advantages of ETFs in investment. He dives into the intricacies of factor-based investing, blending metrics for optimal returns, and emphasizes the importance of a long-term perspective in navigating market volatility. Montgomery also reflects on mentorship and cultural influences in finance.

Michael Lewis, bestselling author of 'Liar’s Poker' and 'Moneyball,' shares captivating stories from his illustrious career during a lively discussion. He recounts hilarious behind-the-scenes anecdotes from the 'Moneyball' film set with Brad Pitt. Lewis dives into his evolution as a writer and his latest project, 'Who is Government,' addressing the often-ignored roles of governmental entities. His unique storytelling approach stems from personal curiosity and experiences, reflecting on how they shape his narratives.

Karin Risi, a former executive at Vanguard with 27 years of experience, shares her insights on capital allocation and investment strategies. She discusses the evolution of ETFs and their vital role during market crises, emphasizing their liquidity benefits. Risi highlights Vanguard's commitment to low-cost investing and its influence on the finance industry. She reflects on her journey from art to finance, the importance of mentorship, and how increasing life expectancy impacts financial planning.