Ep. 380: Alex Edmans on Market Bubbles, Investor Biases, and the Madness of Markets

Alex Edmans is a Professor of Finance at London Business School and is one of the world’s leading academics on company purpose, social value, and profit. Alex has a PhD from MIT as a Fulbright Scholar and was previously a tenured professor at Wharton and an investment banker at Morgan Stanley. In this podcast, we discuss:

1. Amateur vs. Professional Behavioural Errors
2. Direction Right, Speed Wrong in AI and Tech Bubbles
3. The Limits of Contrarian Strategies
4. Herding Mechanics and Social Network Traps
5. Slow Uptake on Corporate Intangibles
6. Subtle C-Suite Tells: AGMs and Corporate Jets
7. Arithmetic Misreactions and Narrow Framing
8. The Anchoring Trap & Disposition Bias
9. Overconfidence in Amateur Stock-Picking
10. Exploiting a Long Investment Horizon

You can follow Alex on his website. You can check out his latest book, The Madness of Markets: Why Smart Investors Make Crazy Decisions – And How to Exploit Them, here.

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