John Howe, How to Make Better Decisions Despite Our Biases - InnovaBuzz 334
In this episode, I’m really excited to have as my guest, John Howe, who is Professor of Finance and Missouri Bankers Chair at the University of Missouri, Columbia (MU). He is a Chartered Financial Analyst (CFA) as well as a past Governance Fellow of the National Association of Corporate Directors. He has been a visiting scholar at the University of Cambridge (U.K.) and Queensland University of Technology (Australia) and has taught courses for the banking group UBS (Switzerland). John’s research interests including behavioral economics, corporate governance, and banking. He has published extensively in the major journals in finance and accounting, and his book The Foolish Corner: Avoiding Mind Traps in Personal Financial Decisions, deals with behavioral economics which can have applications in all areas of our professional and personal lives. In our discussion, John talked to me about: Survivorship bias and confirmation bias and how biases can get in the way of objective assessments in marketing The idea of a pre-mortem assessment of ideas, to increase the likelihood of success How to re-frame situations and the way we look at them to make better decisions despite our biases Scott Christianson in episode 279 introduced us to John. Listen to the podcast to find out more. Show Notes and Blog The Podcasts See omnystudio.com/listener for privacy information.