Podcasts about brothel and other unexpected places

Allison Schrager, author and Bloomberg Opinion columnist, joins Jon Hansen to discuss the effects of single people on the economy. Allison discusses why there is a decline in marriages and talks about her book: An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk.

In this episode, we explore the concept of optionality—how small, strategic decisions can lead to outsized rewards with limited downside risk. From ancient philosophy to modern financial strategies, discover how recognizing and seizing options can unlock opportunities in both life and investing.Topics covered include:How call and put options workThe difference between American and European style options and why it mattersWhy options are positively skewedExamples of using optionality in business and lifeWhy it can be challenging to commit when an option is "in the money"SponsorsShopify - Sign up for a $1 per month trial periodNetSuite - Download the CFO's Guide to AI and Machine LearningInsiders Guide Email NewsletterGet our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletterOur Premium ProductsAsset CampMoney for the Rest of Us PlusShow NotesAntifragile by Nassim Nicholas Taleb—Penguin Random HouseThe Wisdom Of Finance: Discovering Humanity in the World of Risk and Return by Mihir Desai—Harper AcademicRefuse to Choose!: Use All of Your Interests, Passions, and Hobbies to Create the Life and Career of Your Dreams—Penguin Random HouseAn Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk by Allison Schrager—Penguin Random HouseRelated Episodes482: Unlocking the Power of Positive Skewness: Strategies for Investing, Business, and Creativity268: How To Better Manage RiskSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Economist Allison Schrager, Bloomberg columnist and author of An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk, makes the case for working well into your 70s. And even if you think the case is "poor," that's exactly what you'll be if you opt out of the workforce at 62. Plus, a French gangster known as La Mouche, or "The Fly," shoots his way to freedom as the French fret about the Olympics. Produced by Joel Patterson and Corey Wara Email us at thegist@mikepesca.com To advertise on the show, visit: https://advertisecast.com/TheGist Subscribe to The Gist Subscribe: https://subscribe.mikepesca.com/ Follow Mikes Substack at: Pesca Profundities | Mike Pesca | Substack Learn more about your ad choices. Visit podcastchoices.com/adchoices

Rising interest rates and the end of easy money were two factors in the sudden collapse of Silicon Valley Bank (SVB) and a subsequent stock market run on shares of regional banks. Questions were raised about the safety of the entire U.S. banking industry. We examine risk in banking, investing and the broader economy.Federal regulators faced harsh criticism for the latest bank failures. Progressives blamed politicians who eased regulations on medium-sized and small banks. Some on the right claimed that DEI — Diversity, Equity and Inclusion — distracted SVB from focusing on risk management. Our guest is economist and risk expert Allison Schrager, author of "An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk". She also writes frequently for Bloomberg Opinion and City Journal. This episode looks at the causes of the recent bank panic and the current outlook for the financial industry."Safety is the foundation of finance and it is also how we price risk," Allison tells us in this episode. Everyone assumes that holding government-backed securities is safe. "But long-duration bonds are very sensitive to changes in bond yields." If interest rates go up, "bond prices on long-dated securities go down a lot." SVB was heavily invested in these securities. But many of its depositors, including tech firms and venture capitalists, were highly sensitive to rate rises. In mid-March, despite reassurances from top executives, SVB's depositors pulled their money out. It was a sudden online version of an old-fashioned bank run.We look at potential solutions and hazards for investors and the economy, including the perils of inflation, the dangers of groupthink, why investors and bank executives should feel some pain when an institution fails, and the need for risk management that takes a broad range of economic possibilities into account. Allison recently wrote this about why Silicon Valley is facing rising threats to its business model. The latest column for Bloomberg cautions savers and investors: don't make the same mistake as SVB with your 401k.Recommendation: Richard plays this word game almost every day: Spelling Bee, a somewhat addictive game from The New York Times. Hosted on Acast. See acast.com/privacy for more information.

We're getting a little nerdy on the show today with Allison Schrager who is our favorite author on the subject of risk. She's an economist, a senior fellow at the Manhattan Institute, a columnist at Bloomberg Opinion, and co-founder of LifeCycle Finance Partners which is a risk advisory firm. Allison has had a varied career from working in finance, policy, and media with her byline often appearing in many different publications like the Economist and Wired. She's also written a book, “An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk” that we're diving into as well. And we're going to discuss what risk looks like in our world today- how we should be interpreting it as individuals, as investors, and whether we should be exposing ourselves to more risk in a world that seems obsessed with the pursuit of safetyism.   Want more How To Money in your life? Here are some additional ways to get ahead with your personal finances: Knowing your ‘money gear' is a crucial part of your personal finance journey. Start here.  Sign up for the weekly HTM newsletter. It's fun, free, & practical. Find a thriving community of fellow money nerds by joining the HTM Facebook group! Maximize your rewards by getting the best credit card for how you spend. Massively reduce your cell phone bill each month by switching to a discount provider like Mint Mobile. Don't be cheap and forego getting a life insurance policy. Compare rates with Policygenius.   During this episode we enjoyed a Busy as Daggie by Tripping Animals! And please help us to spread the word by letting friends and family know about How to Money! Hit the share button, subscribe if you're not already a regular listener, and give us a quick review in Apple Podcasts or wherever you get your podcasts. Help us to change the conversation around personal finance and get more people doing smart things with their money!   Best friends out!See omnystudio.com/listener for privacy information.

Allison Schrager describes her evolution from a small, college town in Connecticut, to college in Scotland, to her interest and graduate studies in economics, and to her learning about and fascination with risk. She explains why she sees a decline in risk-taking, why taking risk can promote growth, and how risk management strategies can help foster and deal with risk. Allison discusses how she came to write the An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk. Allison is currently a senior fellow at the Manhattan Institute and a City Journal contributing editor.

Perfect risk estimates do not exist, so how do we balance risk and reward? Risk scholar Allison Schrager, author of the CFA Institute Research Foundation brief “Learning About Risk Management: Insights from Unconventional Risk-Takers,” provides insights on the nature of risk and uncertainty and potential reward and how to manage the trade-off. ____   ► Subscribe to our Take 15 Podcast YouTube channel    ►Transcript: https://cfainst.is/2P87gNN    ►Email us for comments, questions, or appearance requests:Take15podcast@cfainstitute.org ____   Topics discussed: 2:25 Brothel, pimp, and risk management?  5:30 More noes than yeses 7:42 The art of storytelling  9:41 Lessons learned from big wave surfing  13:16 Allison’s book, An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk 14:40 What is risk? And what is prudent or good risk management?  15:50 Retirement: What does it look like in the US right now? What worries you? And what gives you hope? 17:45 Should the idea of retirement be reimagined? [HBR link] 19:41 Why shouldn’t Americans own stocks? 22:10 What’s next on Allison’s to-do-list? 23:15 Allison’s advice on encouraging people to take on more sensible risk 24:05 Wrap-up questions o One long-term change that you hope to see as a result of the pandemic o What one item would you bring on a long space flight? o Flight vs. invisibility? ___   Related articles and links:   Learning about Risk Management: Insights from Unconventional Risk-Takers: https://www.cfainstitute.org/en/research/foundation/2020/learning-about-risk-management    An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk: https://www.amazon.com/Economist-Walks-into-Brothel-Unexpected-ebook/dp/B07FLK37HC#:~:text=Amazon.com%3A%20An%20Economist%20Walks,%3A%20Schrager%2C%20Allison%3A%20Kindle%20Store    HBR article Why Retirement Is a Flawed Concept: https://hbr.org/2016/04/why-retirement-is-a-flawed-concept    CFA Institute members and charterholders Professional Learning Tracker https://cpd.cfainstitute.org/  ____   Find Allison here: LinkedIn: https://www.linkedin.com/in/allison-schrager-4109015/ Twitter: https://twitter.com/AllisonSchrager    Find Lauren here:   LinkedIn: https://www.linkedin.com/in/lauren- foster/  Twitter: https://twitter.com/laurenfosternyc    Connect with the Research Foundation:  RF Showcase page: https://lnkd.in/e66zSKD Download and share RF content (free to all): https://lnkd.in/emhTTi5

Ever thought about what you can learn about risk management from a brothel? As it turns out, a lot—and that's just one of many risk-management examples author Allison Schrager uses in her book "An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk."In this episode of Two-Brain Radio, Chris speaks with Allison to understand how the risk-management principles that guide other high-end service providers can apply to microgym owners.You'll also learn how to compete with big chain gyms charging $10 a month, how the commoditization of fitness training with technology could actually help your business and how to best position your offerings in the face of a recession.Links:"An Economist Walks Into a Brothel: An Other Unexpected Places to Understand Risk."Contact:Allison SchragerTimeline:1:59 – Allison’s passion for teaching risk management.3:02 – Risk management: Lessons from the pro poker world.6:31 – How to mitigate risk when opening a gym.8:12 – Don’t just take risks for risks' sake: You need a clear goal.9:26 – Defining risk.11:07 – There’s a recession looming. Should gym owners be worried?13:42 – In the face of an economic downturn, focus on high-touch services.14:39 – How Equinox got Allison hooked.17:40 – The industrial revolution and personal training.19:33 – There’s no escaping Jeremy.21:21 – On differentiating yourself in a commoditized market. 26:37 – Virtual personal training: a high-touch service at a more accessible price.28:52 – The second wave of industrialization: technology.31:43 – Eliminating the mediocre and how technology can enhance your service without replacing it.33:34 – Allison’s first trip to the brothel.36:27 – Learning negotiation and risk-management tactics at Bunny Ranch.39:34 – Balancing the personal and the technological in fitness service.

My guest today is Allison Schrager, an economist, journalist at Quartz, and co-founder of LifeCycle Finance Partners, LLC, a risk advisory firm. Allison diversified her career by working in finance, policy, and media. She led retirement product innovation at Dimensional Fund Advisors and consulted to international organizations, including the OECD and IMF. The topic is her book An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk. In this episode of Trend Following Radio we discuss: Schrager equips readers with five principles for dealing with risk, principles used by some of the world's most interesting risk takers. For instance, she interviews a professional poker player about how to stay rational when the stakes are high, a paparazzo in Manhattan about how to spot different kinds of risk, horse breeders in Kentucky about how to diversify risk and minimize losses, and a war general who led troops in Iraq about how to prepare for what we don't see coming. Jump in! --- I'm MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I'm proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I'd like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can't get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

From dating to switching jobs and managing retirement. We all manage risk. Want to get better at it?The best way to learn is to ask some of the real experts: Magicians, gamblers, big-wave surfers, horse breeders, and prostitutes. That's what economist, journalist and risk advisor Allison Schrager did. She's our guest in this episode.For people faced with risky decisions every day, making the right choices can be the difference between success or failure, and in some cases, life and death. Allison is the author of the new book "An Economist Walks Into a Brothel: And Other Unexpected Places to Learn About Risk." She visited Nevada's Moonlight Bunny Ranch brothel, hung out with paparazzi who stalked celebrities, spoke with movie makers in Hollywood, and went to a risk conference for surfers in Hawaii as part of her extensive research for the book.We learn basic lessons about human psychology as well as hedging, diversification, leverage and insurance. "You take risks to get what you want in life, and you're never going to get what you want without taking risks," says Allison. An Oscar Award-winning documentary is mentioned: "Free Solo," about Alex Honnold's attempt to become the first person to climb the face of America's most famous rock, the 3,000ft El Capitan in Yosemite National Park, without a rope. Also, learn more about Allison's firm, LifeCycle Finance Partners. See acast.com/privacy for privacy and opt-out information.

Bloomberg Opinion columnist Barry Ritholtz interviews Allison Schrager, an economist, writer and co-founder of the risk advisory firm Lifecycle Finance Partners LLC. Her book "An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk" was published in April. Schrager is a reporter at Quartz and has been a regular contributor to The Economist, Reuters and Bloomberg Businessweek. She has a Ph.D. in economics from Columbia University. 

If you want to learn something better and faster, there is a little trick that seems to work. We begin this episode by revealing some research from John Hopkins School of Medicine that says a slight change in the way you learn any new skill can make all the difference in the world. https://www.hopkinsmedicine.org/news/media/releases/want_to_learn_a_new_skill_faster_change_up_your_practice_sessionsNothing is more American than the hamburger. We eat a lot of them. So where did the hamburger originate? Who came up with the idea? How has it evolved over the years? Award-winning writer Chris Carosa, author of the book Hamburger Dreams:How Classic Crime Solving Techniques Helped Crack the Case of America’s Greatest Culinary (https://amzn.to/2Hevorp) did some good old fashioned detective work to uncover the real story of the hamburger. He joins me to discuss what he found. Your life is full of risks. Almost everything you do has some risk in it- from what you buy in the store to investments to simply driving down the street. Alison Schrager, an economist and journalist joins me to help us all understand how risks work and offers advice on how we can handle risk better. Alison is the author of the book An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk (https://amzn.to/2VUkjDZ).It seems most people are put off by the sound of someone slurping their food. Yet people do it and in some cultures it is considered quite normal. So why do people do it? Does it serve a purpose that only people who slurp know about? Listen to find out. https://www.rd.com/advice/relationships/annoying-eating-habits/This Week's Sponsors-Capterra. To discover the best software for your business - for free - go to www.Capterra.com/something-Linzess. For information about your IBSC symptoms go to www.ohmygut.info/podcast. -Capital One. What's in your wallet? www.CapitalOne.com

Show from 4/26/19In this episode our hosts Jeremy Schwartz and Liqian Ren start off the show talking to the Executive Vice President and Director of Equity Strategies at Cumberland Advisors about European markets, sector investing, South Africa, market momentum, and much more. Then they bring on economist and author of the new book "An Economist Walks Into a Brothel: And Other Unexpected Places to Understand Risk." She gets into retirement, managing risk, and trading bonds.Guests:Matt McAleer- Executive Vice President and Director of Equity Strategies at Cumberland Advisors.Follow Cumberland Advisors on Twitter: @CumberlandADVAllison Schrager - An economist who is co-founder of the risk advisory firm LifeCycle Finance Partners, LLC and a journalist at Quartz. She’s also the author of a great new book called AN ECONOMIST WALKS INTO A BROTHEL: And Other Unexpected Places to Understand Risk.Follow Allison on Twitter: @AllisonSchragerMore on Allison & her book here: https://www.allisonschrager.com/ See acast.com/privacy for privacy and opt-out information.

From dating to switching jobs and managing retirement. We all manage risk. Want to get better at it?The best way to learn is to ask some of the real experts: Magicians, gamblers, big-wave surfers, horse breeders, and prostitutes. That's what economist, journalist and risk advisor Allison Schrager did. She's our guest in this episode.For people faced with risky decisions every day, making the right choices can be the difference between success or failure, and in some cases, life and death. Allison is the author of the new book "An Economist Walks Into a Brothel: And Other Unexpected Places to Learn About Risk." She visited Nevada's Moonlight Bunny Ranch brothel, hung out with paparazzi who stalked celebrities, spoke with movie makers in Hollywood, and went to a risk conference for surfers in Hawaii as part of her extensive research for the book.We learn basic lessons about human psychology as well as hedging, diversification, leverage and insurance. "You take risks to get what you want in life, and you're never going to get what you want without taking risks," says Allison. An Oscar Award-winning documentary is mentioned: "Free Solo," about Alex Honnold's attempt to become the first person to climb the face of America's most famous rock, the 3,000ft El Capitan in Yosemite National Park, without a rope. Also, learn more about Allison's firm, LifeCycle Finance Partners. See acast.com/privacy for privacy and opt-out information.

What if there were a better way for us to think through life’s riskiest decisions? That’s where Allison Schrager comes in. She’s the author of the book, An Economist Walks into a Brothel: And Other Unexpected Places to Understand Risk. An economist, journalist at Quartz, and cofounder of LifeCycle Finance Partners, she led retirement product innovation at Dimensional Fund Advisors and consulted for international organizations, including the OECD and the IMF. Allison has also been a regular contributor to The Economist and Bloomberg BusinessWeek, and she teaches at New York University. For her book, Alison spent time with high-risk professionals, like big-wave surfers, movie producers, and sex workers. She learned how they manage risk and shares what we can learn from them. Along the way, she learned some surprising things about herself, like what it felt like to play in her first poker tournament: “We start at 8:00, and it’s like midnight, and I’m like ‘When does this game end?’ And people are like ‘When you run out of chips.’ And I’m like, oh my god, I’m going to be here forever.” When it comes to risk, Allison believes we can learn to overcome our biases and manage risk effectively. She explains, “There’s been so many books [on the topic] …but they always write everyone off as being sort of hopeless when it comes to risk or thinking probabilistically, and I really believe everyone has it in them.” You can learn more about Curious Minds Host and Creator, Gayle Allen @CuriousGayle and www.gayleallen.net. Episode Links Moonlite BunnyRanch and Dennis Hof Kat Cole and Focus Brands Film producer, Ryan Kavanaugh Idiosyncratic risk versus systematic risk Top poker player, Phil Hellmuth, and poker staking How Luck Happens by Janice Kaplan and Barnaby Marsh Gerd Gigerenzer Arnold Donald and IoT and AI with Carnival cruises David Bowie Magician Belinda Sinclair Robert C. Merton Big Wave Risk Assessment Group H. R. McMaster Simple Ways to Support the Podcast If you enjoy the podcast, there are three simple ways you can support our work. First, subscribe so you’ll never miss an episode. Second, tell a friend or family member. You’ll always have someone to talk to about the interview. Third, rate and review the podcast wherever you subscribe. You’ll be helping listeners find their next podcast. A Short List of Places Where You Can Find Curious Minds Spotify iTunes Tunein Stitcher Google Play Overcast