Decisions Over Coffee

Join us, and listen to Stephen Martin and Joseph Marks, the authors of ‘Messengers: Who We Listen To, Who We Don’t, and Why’. Think that the key reason why you follow the advice of an analyst or trust company management is because of their proven past skills and achievements? Think again! In recent years it has become abundantly clear that people do not always listen to others based on the accuracy and wisdom of their ideas, opinions and proposals but rather listen to, believe and follow certain types of messengers. In the best of times this can have a negative impact on investment performance, in today’s unprecedented and stressful circumstances this becomes an even more pressing issue.

Join us in our discussion touching on the sociological, neurological and psychological factors that influence investment decisions, emphasising practical methodologies - what works, what doesn’t, when looking to improve our decision making.

Join us in this episode of 'Decisions over coffee', where you will hear from Professor Olivier Sibony on why a more robust process model is critical to reduce unwanted variability in decision outcomes caused by noise and biases, and how organisations can structure their decision making processes to achieve this Olivier is a professor in strategic thinking and the organisation of decision processesat HEC Paris, co-author of the upcoming book Noise, together with Daniel Kahneman and Cass Sunstein, prior to which he was a Senior Partner at McKinsey where Olivier led the Strategy practice.

Michael Mauboussin, Director of Research at BlueMountain Capital, where he shares his experiences and deep expertise of how decision-making biases effect investment managers, and how he has worked through the years to help his fund managers limit the effect such biases have on performance. Michael brings a fascinating perspective to the topic, drawing on his experiences across finance, academia and learnings from all other walks of life. Being the true polymath that he is, he never disappoints, who else would you expect to draw relevant learning from why Zebras don’t get ulcers to how investors can improve their decision making processes.