All Else Equal: Making Better Decisions

The hosts discuss five common mistakes in finance, including focusing on return measures instead of dollar value, the impact of financing on company value, and common mistakes in finance such as assuming a competitive advantage or a good money manager guarantees high returns. They also discuss the mistake of believing having investable money makes individuals special and the need to do something more to stand out in today's capital markets.

Delve into the debate of prioritizing shareholder value vs. broader stakeholder interests. Explore government intervention, societal impact, and CEO compensation. Learn how corporations can leverage their strengths for the greater good.

For the end of the year, Jules and Jonathan are taking some well-deserved time off, and wanted to rerun a past episode they love for the new audience who has joined since then.Is it possible to unravel the paradox of disagreement in rational decision-making? How should we dissolve discord? In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen are joined by Robert Aumann, mathematician, professor, and Nobel Prize winner, as they discuss acknowledging errors and embracing diverse viewpoints, with stories of Nobel Prize-winning luminaries showing the importance of evolving one's understanding in light of new evidence.Submit your questions to the show here: https://bit.ly/AllElseEqualFind All Else Equal on the web: https://www.gsb.stanford.edu/business-podcasts/all-else-equal-making-better-decisionsAll Else Equal: Making Better Decisions Podcast is a production of Stanford Graduate School of Business and is produced by University FM.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

For the end of the year, Jules and Jonathan are taking some well-deserved time off, and wanted to re-present a past episode they love for the new audience who has joined since then.Investing in stocks isn’t just prowess in numbers but a mental marathon as well. But prowess in numbers isn't all there is; this episode also explores the mental marathon of investment. It's a master class in economic acumen that will challenge the way you see the numbers, with the promise to elevate your understanding of the intricate dance between buyer and seller dynamics. In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen are joined by Cliff Asness, co-founder of AQR Capital Management, as they move beyond the common mantras of investment strategies to confront the harsh market realities and identify what truly makes a stock undervalued or overvalued.Submit your questions to the show here: https://bit.ly/AllElseEqualFind All Else Equal on the web: https://www.gsb.stanford.edu/business-podcasts/all-else-equal-making-better-decisionsAll Else Equal: Making Better Decisions Podcast is a production of Stanford Graduate School of Business and is produced by University FM.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Former Provost of Stanford University, John Etchemendy, discusses institutional neutrality in universities and the challenges they face in maintaining it. The importance of open debate and critical thinking, embracing doubt and debate for scientific progress, the misconception that university statements represent the entire community's opinion, and the challenges of maintaining institutional neutrality are explored in this entertaining podcast.

It turns out your airline ticket prices might be affected by common ownership in mutual and index funds, but how? In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen welcome Martin Schmalz, Professor of Finance and Economics at Oxford Saïd and Academic Area Head for the FAME faculty group (Finance, Accounting, Managerial Science, and Economics) for a discussion about Common Ownership, and the unseen power it holds in asset management for the corporate world. Submit your questions to the show here: https://bit.ly/AllElseEqualFind All Else Equal on the web: https://www.gsb.stanford.edu/business-podcasts/all-else-equal-making-better-decisionsAll Else Equal: Making Better Decisions Podcast is a production of Stanford Graduate School of Business and is produced by University FM.RELEVANT LINKS:Common Ownership, Competition and Top Management IncentivesAnticompetitive Effects of Common OwnershipSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Eric Zinterhofer, Founder of Searchlight Capital Partners, joins the hosts to discuss the tradeoff between Public Equity and Private Equity. They explore the advantages and drawbacks of private equity funds, the challenges of performance measurement, and the time commitment required for private equity investors. They also discuss the factors driving the growth of private equity and the importance of alignment.

In this episode of All Else Equal: Making Better Decisions, hosts and finance professors Jonathan Berk and Jules van Binsbergen discuss the second half of the retirement equation, after going over how much you need to save, they now elaborate on how to think about investing what you have saved, and what theories make for optimizing your own personal risk exposure. They explain the importance of holding a diversified portfolio and tailoring the overall risk of that portfolio to you own personal needs. Submit your questions to the show here: https://bit.ly/AllElseEqualFind All Else Equal on the web: https://www.gsb.stanford.edu/business-podcasts/all-else-equal-making-better-decisionsAll Else Equal: Making Better Decisions Podcast is a production of Stanford Graduate School of Business and is produced by University FM.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Larry Katz, Guest from Harvard University discusses the past and current landscape of labor unions. Topics include the impact of unions on market competitiveness, players unions in professional sports, the decline of labor unions in the US, and conflicts of interest within unions.

Finance professors discuss retirement planning and savings, challenges with target date funds and mandatory pension contributions, limitations of one-size-fits-all policies, optimal house buying strategy, and the importance of saving close to 20% of income for retirement.