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Two hundred and fifty years after Adam Smith published The Wealth of Nations, the economy looks very different from the world he described.Firms are bigger. Production is more centralized. AI and automation are changing what companies can do at scale. And yet markets still matter, perhaps more than ever, in deciding which firms rise, which fall, and how innovation spreads.In this episode of Central Questions, Stefan Ingves speaks with Yueran Ma, Professor of Finance at the University of Chicago Booth School of Business, about the rise of large corporations, the changing role of capital and labor, and what Adam Smith, Karl Marx, and Friedrich Hayek can still teach us about today's economy.They discuss why the largest firms now account for a growing share of output and assets, why employment has not concentrated in the same way, what AI could mean for productivity and inequality, and why financial markets may be crucial for spreading the gains from capital more broadly.Guest: Yueran Ma, Professor of Finance, University of Chicago Booth School of BusinessHost: Stefan Ingves, former Governor of the Riksbank and Senior Fellow at Swedish House of FinanceTopics: Adam Smith, Wealth of Nations, Yueran Ma, Stefan Ingves, Central Questions, Swedish House of Finance, large firms, corporations, AI, automation, capital deepening, productivity, corporate finance, economic growth, financial markets, capitalism, Karl Marx, Hayek, visible hand, invisible hand, firm concentration, monetary policy, innovation, Chicago Booth
Most people say they want deeper relationships and more meaningful connection, yet many conversations stay stuck at the surface level. We talk about work, schedules, the weather, or whatever else feels safe. So why is it so hard to move beyond small talk? In this episode, we're exploring the science of meaningful conversation, from curiosity and attention to vulnerability, flirting, and emotional openness. I am joined once again by Nicholas Epley, the John Templeton Keller Distinguished Service Professor of Behavior Science, and Director of the Roman Family Center for Decision Research, at the University of Chicago Booth School of Business. He is the author of Mindwise: How We Understand What Others Think, Believe, Feel, and Want. His latest book is A Little More Social: How Small Choices Create Unexpected Happiness, Health, and Connection. Some of the specific topics we explore in this episode include: Why do so many conversations stay surface-level? What kinds of questions foster closeness? How do we balance vulnerability with oversharing? Can people tell when they don't fully have our attention? What small conversational shifts create deeper connection? You can visit Nicholas’ website to learn more about his work. Got a sex question? Send me a podcast voicemail to have it answered on a future episode at speakpipe.com/sexandpsychology. *** Thank you to our sponsors! Passionate about building a career in sexuality? Check out the Sexual Health Alliance. With SHA, you’ll connect with world-class experts and join an engaged community of sexuality professionals from around the world. Visit SexualHealthAlliance.com and start building the sexuality career of your dreams today.*** Want to learn more about Sex and Psychology? Click here for previous articles or follow the blog on Facebook, Twitter, or Bluesky to receive updates. You can also follow Dr. Lehmiller on YouTube and Instagram. Listen and stream all episodes on Apple, Spotify, or Amazon. Subscribe to automatically receive new episodes and please rate and review the podcast! Credits: Precision Podcasting (Podcast editing) and Shutterstock/Florian (Music). Image created with Canva; photos used with permission of guest.
Psychologists Off The Clock: A Psychology Podcast About The Science And Practice Of Living Well
When was the last time you sparked up a conversation with a stranger and surprised yourself with how good it felt? Behavioral scientist Nicholas Epley, author of A Little More Social, returns to the podcast to discuss with Michael why we systematically underestimate how positively strangers respond, how connection supports happiness, health, and longevity, and the key mechanisms behind our social pessimism (misjudging warmth vs. competence, overlooking reciprocity, and self-fulfilling avoidance). Nicholas shares research on how quickly people update after a conversation and how fast those gains can fade, plus practical “easy choice” experiments like asking someone to take your photo or simply asking, “Can you tell me your story?” Plus, in a special post-interview discussion, listener-turned-friend of Michael's, therapist Dr. Jennifer Kauder, joins Michael to reflect on voice vs. text, comfort-zone challenges, and why real-time connection changes everything.Listen and Learn: The surprising benefits of connecting with people you don't know, and why our minds trick us into fearing these interactions that can lengthen and enrich our livesPsychological traps that make us overly pessimistic about reaching out to others, and why we miss out on deeper, happier connections due to misplaced expectations Research on why trying to push past social awkwardness just once isn't enough, and why our brains quickly forget positive interactions Why our confidence drops right before we approach someone new, the psychology behind why starting a conversation is much easier than anticipating it, and how small mindsets can instantly dissolve social anxiety A simple, foolproof question that skips past awkward small talk, ignites genuine curiosity, and uncovers the fascinating, hidden storiesResources: A Little More Social: How Small Choices Create Unexpected Happiness, Health, and Connection https://bookshop.org/a/30734/9780593319543 Nicholas' Website: https://www.nicholasepley.com/Nicholas Epley on LinkedIn: https://www.linkedin.com/in/nicholas-epley/ Michael's Confidence Course: https://herold.coach/courseRejection Proof by Jia Jiang: https://bookshop.org/a/30734/9780804141383 About Nicholas EpleyNicholas Epley is the John Templeton Keller Distinguished Service Professor of Behavioral Science and Director of the Roman Family Center for Decision Research, at the University of Chicago Booth School of Business. He studies social cognition—how thinking people think about other thinking people—to understand why smart people so routinely misunderstand each other. He teaches an ethics and happiness course to MBA students called Designing a Good Life. His research has appeared in more than two dozen empirical journals, been featured by the New York Times, Wall Street Journal, CNN, Wired, and National Public Radio, among many others, and has been funded by the National Science Foundation and the Templeton Foundation. He has been awarded the 2008 Theoretical Innovation Award from the Society for Personality and Social Psychology, the 2011 Distinguished Scientific Award for Early Career Contribution to Psychology from the American Psychological Association, the 2015 Book Prize for the Promotion of Social and Personality Science, and the 2018 Career Trajectory Award from the Society for Experimental Social Psychology. Epley was named a “professor to watch” by the Financial Times, one of the “World's Best 40 under 40 Business School Professors” by Poets and Quants, and one of the 100 Most Influential in Business Ethics in 2015 by Ethisphere. He is the author of Mindwise: How We Understand What Others Think, Believe, Feel, and Want. His new book, A Little More Social: How Small Choices Create Unexpected Happiness, Health, and Connection, was published in May! (Our UK listeners will find the book titled Hello: The Unexpected Power of Choosing To Connect)Related Episodes422. Mindwise with Nicholas Epley454. Remain Calm. Confidence Ahead with Michael Herold313. ACT-Informed Exposure for Anxiety with Brian Pilecki and Brian Thompson393. Supercommunicators with Charles Duhigg360. The Laws of Connection with David RobsonSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
We live in a world where people are more digitally connected than ever, yet loneliness remains incredibly common. Most of us move through daily life surrounded by strangers while following an unspoken rule: don't engage. In this episode, we're exploring why humans are so socially cautious, but also why even brief conversations with strangers can meaningfully improve our happiness, health, and sense of connection. My guest is Nicholas Epley, the John Templeton Keller Distinguished Service Professor of Behavior Science, and Director of the Roman Family Center for Decision Research, at the University of Chicago Booth School of Business. He is the author of Mindwise: How We Understand What Others Think, Believe, Feel, and Want. His latest book is A Little More Social: How Small Choices Create Unexpected Happiness, Health, and Connection. Some of the specific topics we explore in this episode include: Why are conversations with strangers usually better than we expect? Do people really want to be left alone in public? Why do small moments of connection matter so much? How has technology changed everyday social interaction? For people who want to be a little more social, what’s a good starting point? You can visit Nicholas’ website to learn more about his work. Got a sex question? Send me a podcast voicemail to have it answered on a future episode at speakpipe.com/sexandpsychology. *** Thank you to our sponsors! This spring, give yourself the kind of comfort that lives with you all day — not just the moment you get home. Head to cozyearth.com and use my code JUSTIN for an exclusive 20% off. If you're looking for a dating experience where you can explore on your own terms, check out Feeld, a dating app for the curious. Go to feeld.co or download Feeld on the App Store or Google Play. *** Want to learn more about Sex and Psychology? Click here for previous articles or follow the blog on Facebook, Twitter, or Bluesky to receive updates. You can also follow Dr. Lehmiller on YouTube and Instagram. Listen and stream all episodes on Apple, Spotify, or Amazon. Subscribe to automatically receive new episodes and please rate and review the podcast! Credits: Precision Podcasting (Podcast editing) and Shutterstock/Florian (Music). Image created with Canva; photos used with permission of guest.
In this episode of The Founder's Sandbox, host Brenda McCabe sits down with behavioral scientist Nicholas Epley of the University of Chicago Booth School of Business to explore the surprising power of human connection. Drawing on decades of research and his new book A Little More Social, Epley reveals why we consistently underestimate how positive social interactions can be—and how small choices, like expressing gratitude or starting a conversation, can significantly improve our well-being, relationships, and workplace culture. Together, they discuss the science behind social connection, the hidden barriers that hold us back, and practical ways leaders and professionals can build more resilient, purpose-driven organizations through simple, intentional human interactions. You can find out more about Nicholas and his book at: about Nicholas Epley Accolades Nicholas Epley Book him for for speaking events at: https://www.wsb.com/speakers/nicholas-epley/ or pre order his new Book out May 19, 2026: A Little More Social Here: Amazon, Bookshop) You can also find his book Mindwise here: Amazon, Bookshop transcript: 00:04 Welcome back to the Founders Sandbox. I am Brenda McCabe, your host. Now in the fourth season, my mission with this podcast is really to bring in company owners, founders, 00:31 professionals, board directors that like me share a common mission, which is making change in the world through enterprises, small, medium or large. em And each of my guests um have em in their own ways built resilient, scalable, well-governed businesses um to really make that change. And I'm absolutely delighted to have Professor Epley, Nicholas Epley, 01:01 from the University of Chicago as my guest for this month. um Welcome to the Founder's Sandbox. Thank you, Brenda. This is a delight for me to have a former student back with me in conversation. I love it. It's amazing. I've been pursuing you for at least two years, and I kept getting delayed because of his writing a book. And today we're going to talk about um his new book that will be launching on May 19th, A Little More Social. 01:31 So before we get into the material, I need to make a proper introduction as I do to all my guests, all right? So um Nicholas Eppoli, he is the John Templeton Keller Distinguished Service Professor of Behavioral Science and Faculty Director of the Roman Family Center for Decision Research at the University of Chicago Booth School of Business. He is an author. We'll get into some of his work today. And he has many other accolades. 01:59 that are just too many to go through here because we'll eat into valuable time. And he has back to back podcast to announce his new book. I do want to call out one accolade. You were named by Ethicast, I guess, a business leader in ethics back in 2018. And business ethics, as we all know, corporate governance is very near and dear to my heart. So those accolades will be in the show notes. 02:29 em Dr. Epley, or Professor Epley as I'll call you, right? You study social cognition, how thinking people think about other thinking people to understand why smart people so routinely misunderstand each other. He teaches an ethics and happiness course to MBA students called Designing a Good Life. I was a... 02:56 an alumnus. I took your course back, think in 2017, 2018. So you're going to be forever a professor to me. All right. So I often speak of your class designing a good life and the pro-social exercises and other stats and experiments that now that you have this book out, I realized you were using the classrooms. Yes, I was. Yeah, I was doing a lot of the experiments in the class. I mean, the best way to teach 03:25 people something is not to tell them the thing, but to show them the thing. And so I could tell you that reaching out and expressing gratitude makes you feel better, makes other people feel better than you think, but more powerful is actually have you do it. Right. So we're going to talk about the book. And I think it's in chapter seven that you talk specifically about how gratitude is such a powerful mechanism. um Again, my guest here, I like to uh 03:56 kind of identify resiliency, purpose driven or scalable. m I think that what you teach and what we're gonna hear about here for my listeners is an example of resiliency practices. And I believe it's very much key in bringing it back to my listeners, Professor Upley is I work with a lot of company owners, business leaders who I think would benefit from learning some of these practices outside of the classroom today. anyway. 04:23 I took your class back in, I think, in 2017, pre-pandemic and in person. And my life has uh really been impacted in an incredibly positive way. I bring it into my personal life, some of these experiments that you're going to share with my listeners, as well as the classroom, where I do teach business ethics. And I have them um do a personal responsibility statement uh at the end of their. 04:51 their semester with me. That is awesome. So again, accolades. Thank you to you. So with my guests, I want you to make a little introduction and share your origin story. Why did you choose to become what's called a behavioral scientist? I won't make it too long. I do remember I got to college. I wanted to be a football player, college football player, small college division three. 05:20 at St. Olaf. I went to St. Olaf because I liked the football coach. I thought I was going to be a biologist. I took those classes. They were totally boring, but I took an intro psychology class, which was all self paced. It was supposed to take a semester to do. I was done with it about a third of the way through the semester. I just ate it all up. I went through it like wildfire, which I took as an indication that this is something I might be interested in. 05:51 I started reaching out to faculty, started doing research. And one day my senior year, early my senior year in college, my em undergraduate advisor grabbed a book down from the shelf and handed it to me and said, I think you might find this to be interesting. It was Tom Gilovich's book, How We Know What Isn't So. And the book describes how the psychological processes that give us beliefs and expectations and opinions about the world, thoughts about other people. 06:20 can often lead us astray, give us perceptions and beliefs that differ from the way the world actually is. And I found the work so fascinating. I read that book in a day. I took it and I went right through it. And I thought, that is the thing I wanna do. I wanna do research like that. I couldn't think of anything else more interesting to do than that. So I applied to a PhD program to Cornell University, which is where Tom is on the faculty. I applied to a bunch of others too. 06:49 em I was fortunate enough uh that I was waitlisted at Cornell, somebody declined their offer, and I got in as a PhD student. And the rest then is kind of one lucky break after another, after another, after another, after another, things working out well. And me just following things that seemed interesting at the time. em I was lucky to have Tom as a PhD advisor. 07:16 We started working on really interesting things. My first year there, turns out we underestimate how positively others judge us when we do something that we're kind of embarrassed about. Other people cut us a lot more slack than we think. And that interest in understanding, and in particular, understanding how well we understand the minds of others was something we were working on right away. And that interest... 07:44 just as grown and grown and grown and grown and grown. I've stopped thinking about other things. It's the only thing I kind of can think about. And the mistakes we make about the minds of other people are all around us and problematic. And so that's how I got here. Thank you for sharing that. um And specifically at this time in 2026, uh 08:11 So how does the mind of a behavioral scientist work? What experiments do you whip up to test some of the hypotheses? All right. for your first book, right, there was some, right. And the preface of your second book, you said, that morning I decided to test a different approach. As a psychologist, I try to understand human behavior using experiments. 08:34 But this time I decided to put myself into an experiment instead of ignoring the person who just sat down next to me, I would try to connect. So how does work? So one, I think the important thing about being a researcher, we're all researchers out there in the world in our own ways, right? So founders are starting companies and they're doing research constantly about what works and what doesn't. 08:59 As a scientist, we get to run experiments that sometimes have a little more control over them than what you have out there in the world. But the thing that is common to both the scientist and the founder or to almost anyone out there in the world is that you ask why questions. And so as a scientist, it's not so much the experiments we conduct that are critical, although those are critical. The critical thing is that you... 09:28 We look at the world in a slightly different way than others might and therefore notice things that other people might not notice. And that's where our hypotheses, our ideas come from. So one morning on the train, for instance, I was coming in to the University of Chicago where you know all too well where I work uh and I live on the far South side. And I was writing a chapter for MindWise, which was my first book describing how we have this mind uniquely equipped for brain uniquely equipped for connecting with the minds of others. 09:58 And I was describing how we often and why we misunderstand each other. And I was writing one of those chapters describing how we've got this brain uniquely equipped for connecting with others, made happier and healthier by connecting with others. And yet I was sitting on the train and I had this kind of eureka moment. Here we all were, and I've been doing this for years by now. Here we all were sitting on this train, highly social animals, made happier and healthier connecting with each other. And we were all ignoring each other. We're not connecting at all, treating the person next to us. 10:27 Like a lamp shade, right? And that was where I thought that seems weird. Does this make sense that we do this? Social connection is a choice. It's a decision about whether we reach out and engage with somebody or hold back. And that was the thing that I noticed. That was the perspective that other people might not have is that that's a choice and understanding that our perceptions are sometimes wrong or miscalibrated. 10:55 suggests that sometimes we can make those choices wrong, make them incorrectly or unwise. And so that morning I decided to enroll myself in an experiment. I had a woman come sit down next to me. I was probably at this time, I'm 51 right now, I was probably in my mid 30s, 35 or something like that at the time. This woman, she's probably 55 or so, African-American woman, uh clearly dressed for work, uh really looking sharp, had this beautiful red hat on. 11:24 almost like a bonnet, had this big wide brim. It was beautiful. uh And I decided that morning to put myself in an experiment. What would happen if I actually engaged in conversation and to really pay attention to what happened, right? Because that's another thing we do as researchers is we measure things closely. We pay close attention in our measurement. So I just started having conversation. I opened up with a pretty weak joke. uh I said, I love your hat. I have one just like it, right? 11:54 Yeah, not in the conversation hall of fame there, right? uh But she turned to me and she just like lit up. I remember so distinctly the reaction was like she'd almost looked like a different person. Her face, the face that we carry around with us, the dead face, right? Our resting Grinch face is kind of Grinchy, right? But as soon as you engage with somebody, you perk up, your face smiles, your eyes lighten, you look. 12:23 almost like a different person. So she turned to me lit up and uh the conversation then just flowed pretty easily. We had a nice conversation, half hour, time went really fast. As I got up to leave, I remember she held my wrist uh as I was getting up just to express some sincerity and she said, thank you so much for talking with me today. It wasn't just like, hey, that was lovely. We really meant it, like it was nice. 12:52 And the thing that I remember so clearly is that it wasn't just nice, it was surprisingly nice. That surprisingly part is critical because there was a gap between how I believed the conversation might turn out. I a nervous, what do I have in common with this person? I don't know. Will it go well? Do they really want to talk to me? Probably not. Will she misunderstand while I'm talking to her? Maybe. 13:17 You know, mistakenly think I'm hitting on her or something or make her feel uncomfortable instead of just having a nice conversation between two human beings. So all that stuff was going through my head, but it was misplaced. It was wrong. And so the conversation wasn't just positive. It was surprisingly positive. And that insight that social connection is a choice and that our choices could be wrong led me to run a bunch of experiments to test whether this is just something unique. 13:45 to me as a kind of weirdo or whether this is something we might see a little more widely. And so we started running experiments on the train that I ride. We recruited people for an experiment. We randomly assigned them to do one of three things, to either try to have a conversation with a person who sits down next to them that morning, so this is the connection condition, to... 14:11 keep to themselves that morning and just enjoy their solitude or to do whatever they normally do. 14:17 At the end of the survey, they reported how the conversation actually made them feel, how positive it made them feel on a couple of different measures. And then we asked another group, we asked them to predict how they would feel if they were actually in that situation. To report their beliefs, their expectations about how they would feel. Because that's what actually drives your behavior. It's not how you actually feel. You don't know how you're gonna feel. You're projecting, right? Yes. It's not gonna happen, yeah. Exactly. So you sit down and you think, well. 14:45 what would happen if I did this? Those are your expectations. And people's behavior is driven by their expectations. And what people expected was that they would have a more positive commute if they kept to themselves than if they had a conversation with somebody, which is what people are doing, right? So they're behaving rationally in line with their expectations. But when we actually had people do these things and report how they actually felt at the end, it was those in the connection condition. 15:12 that actually had the more positive commute and those in the solitude condition who kept it themselves had the least positive commute. People's expectations weren't just wrong, they were precisely backwards. They thought that keeping it in themselves would make them happier. In fact, connecting with somebody else is what would make them happier. And that was just the tip of a very big iceberg. For the last decade and a half, it just, we've been seeing these things all over the place. I'm like a guy with a hammer who sees nothing but nails. 15:41 I can find these phenomena all over the place now. So it's nearly two decades of research. That first experiment, you speak to it in the second book. don't know whether you also put it into the first book. It is wise to understand what others think, believe, feel and want, which is your first book. um So two decades later and pushing your five years of writing and you were avoiding. 16:09 being a guest on my podcast and that rightly so. Yes, took a long time. But as then. of 2026, your book, A Little More Social is being released. And we'll have how to get that book in the show notes as well after this podcast goes live. So what I wanted to do is really ask you what made you want to release it now in 2026, right? And 16:39 Again, I was able to get a pre-read of some of the material and uh while not stealing your thunder, what I was, I like how you've set the sections or the why questions. So back to the empirical, right? Research you do as a social scientist. Why, why not? What if, what now are the four sections of the book? But I will tell you this, I read the prologue and when I started reading chapter one, I was depressed. It was really hard to go on. 17:08 So I'm warning, just so with that, I'm not gonna give the spoiler alert. What made you want to publish this year finally after two decades and right? So I will say that I think the message of the book is fundamentally empowering, not depressing. It was just first chapter. I was like, wow. Just the first chapter maybe about the importance of social connection and how we're not choosing it. But once you see that, 17:38 Once you see that your beliefs about other people might be off a little bit, it's an invitation to test those. And to see places where you and your life are holding yourself back, not because social connection is unpleasant or you're not good at it, but because you're not even trying and finding out that you could be wrong. And once you start to see that the bars in front of you that are holding you back from reaching out and engaging with others, 18:05 having stronger relationships, communicating more clearly, having more joy and enjoyment in your life and making people around you better. Once you start seeing that those bars that are holding you back sometimes, making you overly fearful about engaging are actually made out of pasta noodles, it's easy to break through them. It is empowering. The people I talk to a lot in this book who spend a lot of time talking to other people, almost all describe themselves as having a superpower that other people don't have. 18:35 They're not afraid of engaging. And hence they don't hold themselves back from opportunities that they could have in the better life that tends to follow when we're connected well with other people. As to why 2026, I wish I could say it was something like market timing. I was getting exactly right. The world is a disaster, is a dumpster fire at the moment. are uh going deeper, deeper into loneliness in our lives. The world's a mess. 19:03 hostile and violent and unfriendly and we're trying to pull back from this. I wish I could say it was market timing. uh It wasn't market timing exactly. It was more, uh I don't know what the right word for it is in the innovator world, but I didn't have the product until today. Right. Or serendipitous as well. Serendipitous. Yes, serendipitous. I do think there's a timeless element to this too, which is, it is always the case, I think. 19:32 I don't think these phenomena are totally new. There are new elements to them, but there are times where we can always make our relationships a little bit better. But yes, right now there is some serendipity, I think. We could really use it right now. I agree. Tell me how it is to make a choice. So we all are different human beings, right? Talk about human beings. 20:01 condition, right? We're very social and some of us are more introverted than extroverted. how, and with your book, how can we be more empowered to make that choice? So I think the important insight from behavioral science here is that social connection and therefore the happiness and wellbeing and relationships that follow from that is to some extent a choice that we make. All social interactions that we have a choice over 20:29 you get to a point where you have to decide, I refer to it as the choice, because I think it is arguably the most important choice we make over and over and over and over again, which is, do I reach out and engage with you or do I hold back? And that choice, the choice shows up in lots of different forms. Do I talk with a stranger? Do I type to you or pick up the phone and talk to you? Do I... 20:56 ask deep and meaningful questions or do I hold back? Do I share this compliment or this feeling of gratitude or request for help or honest piece of advice for you, honest feedback? Do I share those things or do I hold them back? So the choice masquerades in lots and lots of different ways, but at its core is this conflict between approaching, wanting to engage and fear or avoidance, being nervous about it, right? And when both of those things are strong, we get 21:26 approach avoidance conflicts where we'd like to do this thing, but we're nervous. I'd like to go up and talk to that other CEO I'd like to meet, but maybe they don't want to talk to me. That's approach avoidance conflict. What we find in our work is that, well, other researchers have found that these two systems in our brain are independent of each other. That's approach and avoidance. Approach and avoidance. Yeah. The factors that govern approach, the system that governs approach in our brain is different from the system that governs avoidance. Okay. 21:55 That's how you can get both of them being very strong at the same time. They're not dynamic with each other. They can operate independently. And when you don't have any interest to approach or any interest to avoid, then you're indifferent, right? But the opposite of that is approach avoidance. And um people do vary a little bit in the strength of these two motives, uh in what guides their choice. 22:21 Extroverts tend, for instance, to have a little bit stronger approach orientation or rather a little less of the avoidance orientation. But I think the important insight is that what extroversion and introversion is really about is how you make the choice. And this is something that people, think, routinely misunderstand about what personality actually is, or at least the way we measure it as psychologists. I think that's the important thing, the way we often measure it as psychologists. 22:49 It's not describing the type of person you are. It is describing the type of choices that you make. So for instance, people might often think that introverts and extroverts, actually enjoy different things. That extroverts like talking to people, whereas introverts like talking to people less. That turns out not to be quite right. When you put people in experiments and you actually have them talk, introverts and extroverts both enjoy talking to people, right? 23:17 They both get tired talking to people later, but they're energized during it. They both actually feel more authentic when they're talking to someone and engaging in social interaction than when they're not. What differs between the two is how they make the choice and therefore what they think they will like or enjoy and therefore the habits they create and what they do. And that I think- that's kind of a revelation. uh 23:47 But psychologists have been discovering this for decades. So you go back to 1980 was the first published paper testing whether happiness or wellbeing was related to personality. Now in theory, you wouldn't expect it to be, right? Actroverts like talking to people. Proverts like uh reading books and keeping to themselves, more quiet time, Enjoying more solitude. Great, there should be no differences in happiness. We get what we want out of life. 24:16 That turns out not to be true. Extroverts tend to feel more positive, have more positive affect, more happiness in their lives than introverts full stop. And it is not a small effect, it is a huge effect. The correlation between extroversion and positive affect, essentially happiness in your life, positive mood in your life, is around 0.5, which is as big as the correlation between the heights of fathers and their sons. It's huge. It's huge, right? And so... 24:43 Psychologists learn then over time that that comes in part because extroverts tend to choose to act a little more extroverted. If you ask people to act more extroverted, everybody tends to get a little happier, uh introverts and extroverts alike. If you ask people to act more introverted, people tend to get a little less happy, introverts and extroverts alike. So I think that's a really important insight that introversion and extroversion is really about choices and habits. 25:12 more than actual experience. You know, m I extroverts to choose to do it more often. Is it a? Is it oh a game of numbers? Is it like betting? Is it just showing up for yourself more frequently? Independent of being an extrovert or introvert where I'm going is how can we apply this in the workforce with our workmates and things? Right? Is it just, you know, just choosing independent of what the outcome may be? 25:42 more often. So our data suggests that our assessment of the odds and all of life is kind of a gamble. Our choices are gambles on the future based on what we think is going to be relatively positive or not, what's going to be relatively rewarding or not. And our data suggests that we get the odds a little wrong. Extroverts and introverts both do. And actually, I don't want to focus too much on that because it's a much weaker, it's a much weaker phenomena than we actually 26:12 You might imagine that it is. People tend to think on average they're more introverted actually than they really are em because extroversion is public but introversion is private. So we all know our own private introverted side. It makes us feel unique, more unique than we actually are. But I think our data suggests not that you go out and you talk to people all the time or you share every detail about yourself. It suggests we get the odds a little bit off. 26:40 It suggests when it's easy, when it's possible to connect or to engage or when you have a thought that you could share that you think might turn, you know, be positive. If you recognize that that avoidance motivation is a little too strong. 26:55 Recognize you have to dial that back that your first thought might be overly avoidant your second thought a lot of times might suggest No, I'll give this a try. I'll give it a try. I'll give it try. I like that. Somebody said me lose right? So with that why not right part two of your book? Do you want to talk about a little bit about? The the how well you've talked about the have connection, but hello stranger, you know really just making it happen. I 27:23 I don't know whether you can make an inference into the workplace. I would like you to do that for me. Yeah. Yeah. Because we are human beings and whether we work in hybrid, we're totally remote, or we are working back in the office, we get things done through interactions with our colleagues. And so how might your work and a little more social uh make our, uh I guess, our interactions 27:53 more empowering uh and just overall lifting up. I think our data suggests that you can look for times in your life where there's kind of dead space or kind of gray space. Time where you could engage or connect with someone but are choosing not to in ways that wouldn't take you away from something. That's a place to start. Like I'm on the train in the morning coming in. 28:18 I'm just sitting there. Usually I'm not doing squat anyway. I'm scrolling my phone or reading the news. I think it's really important, but come on. Sometimes we do things, but often we're not. And that's a place that's easy for me. Like I did this morning, I had a conversation with Brenda on my train. um Brenda I've known for a while. I don't see her that often, but this morning she was on the train and we had a lovely 30 minute conversation. She gave me a hug at the end and she said I was really what she needed today. 28:48 Oh, right. And that's amazing. Yeah, she's a lovely human being. She's a great name. Yeah, she's great. But I don't see her a lot. Maybe a few times a year we'll be on the same train. But every time I see her, I know her. I remember I wrote her name down and I can have that conversation. It's easy. But that's something where I wouldn't have been. 29:13 social otherwise, it's easy to do. And if I know it's gonna be more positive than I think, then I would choose to do that than something else. When I get to my office here at the Harper Center here at Booth, I walk into the door on the way in and I got maybe a 250 yard walk up to my office here on the fourth floor. And I've started making it a habit that I take a hello walk when I come in. When I walk by people, I don't just sit there and just walk to my office. 29:42 I greet people when I'm going by. So I say hi to Nigel who's sitting there at the same table every day this winter quarter uh down uh in the winter garden here at the University of Chicago. I say hi to Keith and Mario and Linda on my way to the elevator often who are down there. These are often our staff people or uh other folks around in the business school. When I get up the elevator onto my floor, I walk past uh Jane's office and Eric's office. 30:11 uh Emma's office, Virginia's office on my way. And I say hi to people, right? Hi, Eric. Hi, Jane. Hi, Emma. Morning, Virginia, when I go by. Now, it's not taking me a lot of time, right? It's not slowing me up from anything. It's not really interrupting them too much. They're just getting started with their day. But it makes that moment brighter, right? It makes that walk better. Virginia came by my office the other day. I've gotten to know her. She's one of our new junior faculty. She came by my office. uh 30:40 to talk about the book that I've been working on to talk through it, because she found that interesting, she's an economist. I don't think she'd have done that before if I hadn't said hi. It's been nice. So, you know. So there's small, little initiatives, you just have to make the choice. They don't have to be massive things. There are many opportunities that are easy, seem small to us, they end up being, I think, 31:09 much, much bigger than we imagine them to be. And we just choose not to take them. And that seems like a tragedy. And once you start looking for these moments, these opportunities, you walk to get coffee at the office or something. Take a friend with you. Ask a colleague to walk with you. Ideas come out of those. Connections come out of those. Well, being comes out of those. You never know where it's going to go. Can you, for my listeners, discuss or share the experiment and how 31:38 people underestimate how much they'll enjoy talking to strangers or the letters of gratitude. It's your choice, you can do both. I mean, can share my own personal, know, living that. um It remains with me. I would love that. You do that. That would be great. know, the enjoying talking to strangers is uh during the last week of the course of designing, right? 32:06 a good life, we literally had to, um I think we had to report back and we had to do a kind act towards somebody that we didn't even know. Right? Yeah. Yeah. We were randomly assigned or we, right. I think you were, right. In that case, I asked you to go on and a random act of kindness for somebody. Exactly. An act of kindness. And it was amazing that then the person reacted. so it was a very, it was aha moment. Again, I'm 32:36 This was seven years ago, eight years ago. So I'm drawing a blank, but I just recall it was an amazing experience. we all kind of got to know each other's names. We were like 80 students in the classroom at that time. Another thing that I do recall with fondness is writing a thank you letter, graduate letter. you gave us the op, it was prior to getting to campus, we were to write a letter. 33:03 we could actually share with you who we writing that to. And that person had the opportunity to share with you what they felt or not. So it was kind of blind. And I did go ahead and write a thank you letter to a color out Betsy Berkamer. She's also been in my podcast, influential person in my life. uh And uh lo and behold, she wrote to you and as did other people that were recipients of a thank you letter that was two paragraphs. It made their day. 33:32 But the questions you ask, how did, you you had to get the guts up to write that letter, right? Because you had to really be touchy-feely and share a specific event for which you felt gratitude. So, yeah. So that's an, so these, the, the choice to reach out and engage with other people or hold back crops up in lots of places. So one of the things we know as psychologists is if you want to have a good day, one thing to do is to think about somebody else who you really appreciate and feel grateful to and make their day. 34:02 by writing a note to them and explaining why you feel grateful to them. What's interesting- that here on the podcast on the Founder's Standby. So this is major. Say that again. If you wanna have a good day, reach out to somebody else and make them have a good day by explaining why you're grateful to them. What's interesting though is if you ask people, can you think about somebody you feel grateful to, but who for whatever reason you haven't reached out to express this? Almost everybody can right away think, oh yeah, I can think of somebody. Why do those people exist? 34:32 Why haven't you told them? There are lots of reasons why, but one is often, it's gonna be weird. Is this the right time? What am I gonna say? Can I really put into words? All of these steel bars in front of us that we think are so powerful, but they turn out to be pasta noodles when you actually sit down to write them. So what I have you do in my class towards the end is I have you think about this person, sit down, write a note to them. 34:59 anticipate how they're gonna feel, right? If you think that they're not gonna, you you underestimate how positive it's gonna be for them, or you overestimate how awkward or weird it's gonna be, right? That creates friction. That's a barrier to reaching out and engaging them. That's your avoidance voice shouting a little too loudly in your ear, that cringe voice, that you shouldn't do this. And we can find out whether that's calibrated. So I had you predict how the recipient would feel, how- um 35:28 the extent to which they'd be surprised to learn what you're grateful for, extent to which they'd be surprised to receive how positive or negative they would feel and also how awkward they would feel. I then, if you were willing to share with me the recipient's email address, I reached out and said, well, student of my class, um sent you a gratitude note as part of a class exercise. uh They thought of you for this. And I would love it if you could just tell me how that made you feel. Maybe terrible, maybe great. 35:58 but they go to the survey, they fill it out. And then we just compare those numbers essentially. And the students are not confused. You weren't confused that this would be positive. You thought it would be good. What was surprising or what's super robust is that it's even more positive than that. So Brenda, your little two paragraphs that seemed like nice, nice, but they were really, really nice to the person who received it. You thought they would be, uh 36:27 kind of powerful, they were really powerful. She probably printed that out. I had a student this year say in class that their recipient, who was a relative of theirs actually, their recipient asked, can I print it out and put it on the wall? Oh, that's amazing. Of course they do. Yes. It matters a lot. Surprisingly a lot. That's the important thing. Surprisingly a lot. 36:56 I could go on and on with more examples of the experiments that Professor Epley made us do in class that have marked uh my life. uh I use a lot of these things with my clients or even my students. And one of which is I do have the personal responsibility statement that we wrote at the end of our... uh 37:20 with you and it had to be short and sweet. You framed it, gave it to us. want it. If we ever want to change it, we had, you know, uh a beeline to you. You can send me a note. I'll change it for you. I'll send you new one for sure. And I framed it, framed it and printed out because otherwise you never would. Right. And then it's almost like it's an accountability manager. Right. We have Professor Epley who holds us accountable. Here, by the way, is mine. Yeah. You want to see mine? 37:48 I didn't know you were going to mention it, but yeah, here it is right here. Yeah, mine's here. And actually, because I asked my students, oops, I don't know whether you see it too well. There it is. Yeah. There it is. Signature, sorry. Sorry, because I have that screen. uh And yes, I even have some students that say, Professor McKay, but it's really hard for me to write mine when you share yours. of course, I'll share it. Yeah. 38:13 You may remember I put mine up in class. I showed you in the last class what mine was. Yeah. Yes. Yes. So yes, tell me. Yes. Go on. So the purpose of that is this is really about sustainability, I think, and resilience in organizations that the business case for ethics for being good out there isn't just that it feels good, sometimes even surprisingly good, which is really what's in the book and in a little more social. 38:43 which I describe in lots of different ways. But uh the business case for ethics is really one about resilience and sustainability. That you can be a schmuck for a little while and take money from people and succeed. You can lie and cheat and steal for a little bit. It's very hard to do that for a long time. Wow. People don't want to work with you. They don't want to work for you. uh They don't want to lend you money uh if they think you're uh unethical and shady. 39:13 And so for an organization, way to design one, for founders, the way to design one that is resilient and sustainable is to make sure that your values, your mission is front and center in front of everything that you do. so identifying a powerful, identifying an actionable mission statement, like your personal responsibility statement, this is at the organizational level, is a critical first step because everything else can be woven out of that. 39:43 Those ethics have to be kept top of mind all the time, woven into how you hire people and fire people and promote people and evaluate people and what you talk about day to day and what your norms are in the organizations, what activities you do, how you financially compensate people, what kinds of non-financial incentives you have in your organization. All those need to be tied to the mission statement and to the values that those suggest so that they're kept top of mind when you're out there in the world. So they become more of your first thought. 40:13 rather than needing to be your second thought. And the personal responsibility statement functions at an individual level that way. uh It prompts you to think about what is the thing you wanna have top of mind guiding you when you're out there in the world. So mine is to teach and research so that people are inspired to make wiser decisions and live better lives. Okay, that's what I focus on. 40:39 m Mine is always be original creative, loving, giving back, thankful, spontaneous, daring yourself while being content with enough. And my podcast is actually one of those creative outlets for me. now into my fourth season, it's been amazing. You know what I like with, you know what I didn't see, m wouldn't have seen when you wrote that, but do now is the last part being satisfied with enough. That's an important bit of self. 41:06 compassion there to recognize we do what we can do, nothing more, nothing less. And we give it all we got and that is enough. So the idea is that just like with a mission statement, if you can keep that top of mind guiding your behavior, you'll be a better organization if you design that well. Same thing is true for individuals. Well, before we go to my last three questions, which is really uh the essence of what I do with... uh 41:34 Next Act Advisors, my consulting firm around resilience, purpose, and scalable. I really wanted to give you an opportunity to let my listeners know how to connect with you. It will be in the show notes. And specifically, you do speaking, you're a keynote speaker and you can be hired in different, so can you? 41:58 share a little bit of how we can connect with you and to what do you typically like to speak about when you are um hired as a speaker? Yeah, so I do a lot of uh public speaking, which I think of as just another avenue for teaching about our research, which I think is meaningful for people and can be very powerful. The speaking agency that I use is WSB. They're in Washington, DC. They're fabulous people. And I can talk about 42:28 A few things I can talk about why we misunderstand each other and how to help people understand each other better, which is really about management and leadership, all of those essential skills. And then the work that I'm doing now about human sociality is really a lot about organizational culture, uh happiness and learning. But a lot of it's about organizational culture, I think of it as. And how we uh might act in ways 42:56 uh that don't optimize our culture in ways that make it sustainable or keep us resilient or keep us happy and motivated in organization or learning as much as we could. The individual stuff people also take out of this as well. The book is really written at the individual level for you to think about yourself and your own life and why we might just like we don't act maybe exercise as much as we ought to, why you might not be as social as you could. Thankfully, exercising sucks, it's unpleasant. So we all know that. 43:26 That's hard. reaching out and connecting with other people. know. I know. Thank you. But reaching out and connecting with other people is positive. know, like, you know, it's surprisingly positive. So that's an easy habit. That's an easy habit to make. So I talk a lot about how, you know, where these barriers come from and what you can do in my presentations, what you can do to turn these into habits to make your life consistently better, resiliently. 43:54 And then for connecting with me, do use LinkedIn. I don't use a lot of social media because it makes me miserable. But I do, I have been having fun a little bit recently using LinkedIn. So that's a way, but you can also email me. That's probably the easiest way. All right. So all of this will be in the show notes and, and your book, a little more social will be released on May 19th. There'll be a launch party. I believe it's, it's available on Amazon and bookshop. 44:23 and you have your own website. again, this will be provided in the show notes. Well, I like to do around the Robin lightning question, so my guests, all of my guests get to answer three questions. I'm passionate about resilience, purpose, and scalable or sustainable. And so I'd like to ask you, Professor Apley, what does resilience mean to you? It means being able to accept the negative things that happen in our life by 44:51 but by continuing to carry on with it. So one habit that I've picked up, I don't remember that I actually did it deliberately. I sign off all of my emails, typically, not always, but usually, and I type these out. This isn't like a form with onward. um And it's kind of a mantra I keep in my mind. uh Research is hard. There's a lot of failure. There's a lot of frustration. 45:21 Writing papers is hard, getting published is hard, speaking is hard, teaching is hard. It's all hard stuff. I mean, we're all doing lots of hard things, but they're those hard things. And there are lots of setbacks. And in academia, it gets personal because the ideas are yours, just like founders, right? These ideas are your baby. They are precious to you. And when they don't work or when they're threatened, that is hard and it's threatening. But you can't get mired in that. It's easy to get stuck in that. And so I try to... 45:50 This is just a little thing I do to keep myself focused on, all right, what's next? Now what? Onward. We're gonna carry on with this. That's resilience to me. I love it. Thank you. Purpose. What does purpose mean to you? Yeah, purpose is more, I think, the long run drive. Like, why am I doing this? um What's the meaning of my work? Which is usually not something you see right in the work itself. It is above the work. It's bigger than the work. It's what's in your personal responsibility statement, right? 46:21 My research is really oriented towards trying to identify wisdom, right? That's understanding. That's what all scientists try to do. We try to understand. I don't try to advocate. I don't tell you what to do. I try to figure out what the facts are as best I can. And so that concept of wisdom, for me, that's my purpose. Just to try to figure out wisdom. That's the long run goal, the high level goal. I think that is essential for me. It's also, it is perfectly aligned with 46:50 what I'm trying to do as a researcher. Amazing. So my second to last question, scalable or sustainable? can be anything. So scalable I struggle with. As a behavioral scientist, that is hard. It's hard to take individual stuff and increase it at scale, in part because the things that you do to increase something at scale are not the things you do to make an individual life better. So at scale, 47:18 You typically don't target people's beliefs. You navigate around them in some way. So you don't tell people they ought to play more with their neighbors. You build a playground. So they're different approaches. uh So scalable, I struggle with a little bit. try to, in my research, because I'm understanding individual minds, that's where I focus. And so I make it purposefully personal, our researches. Sustainable, though, 47:47 I think our research is really all about in many ways is that at the end of the day, at the end of our experiments are questions, dependent variables. And those dependent variables are typically these days about wellbeing, some measure of wellbeing and happiness. And that is the thing that you need for sustainability to keep things going, right? To sustain yourself. 48:17 is some positive reward. That's what sustains action. m And that's what our work focuses on, think, sustainability in part because for understanding social misunderstanding, the social misunderstanding creates friction. It ruins relationships, causes ah conflict and hostility, which is not itself sustainable. We're trying to encourage some insight into what the opposite would look 48:48 Last question, Professor Epley, did you have fun in the sandbox today? It's very fun, It's great seeing you, Brenda. Makes me regret I didn't do it uh the other times you asked, but it is a lot of work to write a book. It is exhausting. it leads my students to, my PhD students and postdoc doing research with me to contemplate homicide if I don't get to their paper soon. So anyway. Well, with that. 49:17 I let's sign off. You did enjoy yourself to my listeners. If you like this episode with Professor Epley, Nicholas Epley, sign up for the monthly release where founders, business owners and professionals um share their own experiences on building scalable, resilient, purpose-driven organizations, profits for good, and making the world a better place. So thank you until next month.
What keeps us from being more social? Nick Epley calls it a “mind-reading mistake.”We all think about what others think, particularly what they think about us. The problem, says Nick Epley, is that we're almost always wrong.Epley is a professor of behavioral science at the University of Chicago Booth School of Business and author of A Little More Social: How Small Choices Create Unexpected Happiness, Health, and Connection. What keeps people from engaging authentically, connecting deeply, and enjoying a meaningful social life? It comes down to an error of social cognition, “A mind-reading mistake,” Epley says. “If I don't think you want to talk to me, I won't try. And I'll never find out that I'm wrong about that.”In this episode of Think Fast, Talk Smart, Epley and host Matt Abrahams explore why we hold ourselves back from meaningful conversation, and what happens when we don't. From taking an interest in others to sharing more freely about ourselves, Epley shares strategies for being a little more social — and making your life considerably better as a result.To listen to the extended Deep Thinks version of this episode, please visit FasterSmarter.io/premium.Episode Reference Links:Nick EpleyNick's Book: A Little More SocialEp.133 From Good to Super: How Supercommunicators Unlock the Language of Connection Connect:Premium Signup >>>> Think Fast Talk Smart PremiumEmail Questions & Feedback >>> hello@fastersmarter.ioEpisode Transcripts >>> Think Fast Talk Smart WebsiteNewsletter Signup + English Language Learning >>> FasterSmarter.ioThink Fast Talk Smart >>> LinkedIn, Instagram, YouTubeMatt Abrahams >>> LinkedInChapters:(00:00) - Introduction (01:31) - Problems with Body Language (04:15) - Perspective Getting (07:14) - Asking Better Questions (08:41) - Moving Beyond Small Talk (10:13) - Why We Hold Back (11:33) - Advice For Introverts (15:17) - A Little More Social (18:34) - The Final Three Questions (24:45) - Conclusion
Nicholas Epley is a behavioral scientist, bestselling author, and professor at the University of Chicago Booth School of Business whose groundbreaking research explores why we as human beings often misunderstand each other. From studying social connection and happiness to teaching students how to design a meaningful life, Nicholas has spent his career helping people better understand themselves and those around them. Today, Nicholas shares why we're far more connected than we think, why our fears around talking to strangers are usually wrong, and how one simple conversation can change the course of a day… or even a life. Drawing from the research behind his latest book, A Little More Social, we talk about the real cost of isolation, the lessons he's learned through personal loss and fatherhood, and why meaningful connection starts when we move past surface-level small talk and become genuinely curious in one another. My friends, if you want to learn why expressing gratitude, asking better questions, and taking small social risks can lead to deeper joy, stronger relationships, and a more fulfilling life, this conversation is for you.
In this episode, Michael D. Alter, Rattan L. Khosa Clinical Professor of Entrepreneurship, The University of Chicago Booth School of Business, shares lessons from building and scaling businesses, the traits that define successful entrepreneurs, and why focus, self-awareness and strong teams are critical to long-term growth.
In this episode, Michael D. Alter, Rattan L. Khosa Clinical Professor of Entrepreneurship, The University of Chicago Booth School of Business, shares lessons from building and scaling businesses, the traits that define successful entrepreneurs, and why focus, self-awareness and strong teams are critical to long-term growth.
Tonight on America at Night with McGraw Milhaven, Dr. Nicky Jackson, criminal justice professor at Purdue University Northwest, and Melissa Perry join America at Night to discuss their Crime Unfiltered Tour, which explores high-profile true crime stories, criminal investigations, and the growing fascination with true crime culture in America. Next, Christopher Krohn, adjunct professor of marketing at the University of Chicago Booth School of Business, joins the show to discuss speculation surrounding GameStop and a possible move involving eBay, breaking down what the business implications could mean for the retail and online marketplace industries. Later, author Isaac Fitzgerald joins the program to discuss his book “American Rambler: Walking the Trail of Johnny Appleseed.” Fitzgerald shares stories from his journey retracing the path and legacy of the American folk hero while exploring themes of travel, history, and modern America. Learn more about your ad choices. Visit podcastchoices.com/adchoices
A powerful resource for citizens, educators, leaders, and parents, Hijacked speaks to those ready to defend liberty, restore responsibility, and reweave the social fabric of our nation—before it's too late.In an era of cultural confusion and political polarization, Hijacked offers a bold roadmap for reclaiming the essential principles of a flourishing society. Drawing from historical evidence and timeless wisdom, authors Peter H. Calfee and J. Kevin Dolan argue that the survival of the American republic depends on our collective ability to return to foundational values— Critical Thinking, Education, Religion/Faith/Values, History, Politics, and Economics.From the very first chapter, Hijacked drives home the premise that the American experiment is not immune to failure — unless its people actively think, question, and speak with clarity and conviction.In one of the book's foundational sections, Calfee and Dolan explore the erosion of public discourse and the consequences of abandoning Critical Thinking. They recount how great civilizations—from Ancient Rome to modern states—fell not due to external enemies but internal decay. Indoctrination, moral relativism, and the suppression of inquiry replaced reasoned dialogue and moral clarity.About the AuthorsJ. Kevin Dolan is a former airline pilot and Wharton MBA who co-founded a successful Registered Investment Advisory firm and played a key role in launching the Allied Pilots Federal Credit Union.Peter H. Calfee is a financial expert and retired CPA, CFP®, and CLU with leadership experience in regulatory, nonprofit, and academic settings. He holds degrees from Stanford University and the University of Chicago Booth School of Business. Together, they bring decades of real-world experience and principled leadership to this urgent call for national renewal.https://hijackedourrepublic.com/
This Devotional address with President Alvin F. Meredith III was delivered on Tuesday, April 21, 2026 at 11:30 AM MST in the BYU-Idaho I-Center. Alvin F. Meredith III became the 18th president of Brigham Young University-Idaho on August 1, 2023. He was sustained as a General Authority Seventy on April 3, 2021, and continues to serve in that role today. Prior to his call as a General Authority, President Meredith served as president of the Utah Salt Lake City South Mission. He also served as an Area Seventy in the North America Southeast and Asia Areas, and in a number of other Church callings including as a full-time missionary in the Utah Salt Lake City Mission. In his professional career, President Meredith worked as a senior executive of Asurion in Tennessee, Hong Kong, and Singapore. He also worked for The Boston Consulting Group and GE Capital. President Meredith earned a bachelor's degree in psychology from Brigham Young University and a Master of Business Administration in finance from the University of Chicago Booth School of Business.
Are high detention fees and yard inefficiencies eating into your profit margins, or are you ready to see how cutting-edge tech is revolutionizing the freight game? Renaissant's CEO, Tom Dean, joins the show to talk about the "digital clipboard" revolution that's fixing the massive communication gap between TMS and WMS at the terminal gate! We discuss how AI-driven verification is tackling the skyrocketing rates of double-brokering and identity fraud, while simple automation is preventing costly mistakes, such as picking up the wrong trailer in a drop-pool. From industrial shipping to the potential for fractional drop yards, this episode is all about leveraging data to protect your assets and keep your business moving faster and smarter than the competition, so keep tuning in! About Tom Dean Tom Dean is the Founder and CEO of Renaissant, an AI-native logistics platform designed to bring digital control to the physical realities of freight movement. Renaissant's platform delivers complete yard control—from scheduling to gate access, dock execution, and yard management—helping logistics operators improve security, productivity, compliance, and safety. Before founding Renaissant, Tom spent more than two decades at the intersection of analytics, markets, and operations. He served as Head of Global Commodity Trading for a $15 billion hedge fund, where he built teams combining fundamental analysis and quantitative research to optimize large trading portfolios. Earlier, he held leadership roles in electricity and natural gas trading at a Fortune 100 energy company. Tom holds a B.S. in Accounting and Finance from Kansas State University and an MBA in Analytic Finance from the University of Chicago Booth School of Business.
On today's episode, we welcome David Rabie, Founder and CEO of Tovala — the smart oven and chef-prepared meal service transforming how people cook and eat at home. What started as an idea while David was earning his MBA at the University of Chicago Booth School of Business has grown into a category-defining business that combines food, software, and hardware to make fresh meals easier than ever. With a simple scan of a QR code, Tovala's countertop smart oven automatically cooks chef-prepared meals using thousands of tested cook combinations — eliminating the need for planning, chopping, or cleanup. Inspired by the everyday challenge of finding time to cook fresh meals at home, David combined his passion for food and technology to build a completely new model for modern home cooking. Since launching in 2017, Tovala has sold more than 40 million meals nationwide and built one of the most loyal customer bases in the meal delivery category. By vertically integrating the oven, software, and food experience, the company has been able to deliver consistency, convenience, and quality at scale. In this episode, David shares the early inspiration behind Tovala, how he thought about margins and business fundamentals from the very beginning, and why vertical integration became the key to unlocking the company's success. We discuss navigating near financial collapse in 2020, the leadership lessons that shaped him as a founder, and why cooking at home still matters in a world dominated by delivery apps. From building smarter with limited capital to creating a culture that promotes talent from within, this conversation offers a candid look at what it takes to build and scale a truly differentiated consumer business. If you're interested in the future of food technology, building capital-efficient companies, or how founders navigate the toughest moments of scaling a startup — this episode is for you. Tune in now on The Kara Goldin Show. Are you interested in sponsoring and advertising on The Kara Goldin Show, which is now in the Top 1% of Entrepreneur podcasts in the world? Let me know by contacting me at karagoldin@gmail.com. You can also find me @KaraGoldin on all networks. To learn more about David Rabie and Tovala:https://www.tovala.comhttps://www.instagram.com/tovalafood/https://www.linkedin.com/in/david-rabie/ Sponsored By: Pebl - Manage your global workforce in one place. Go to Hipebl.ai to get a free estimate. AT&T Business - Switch to AT&T Business at business.att.com Warby Parker - Get 15% off + Free Shipping when they buy 2 or more pairs of prescription glasses at WarbyParker.com/KARAGOLDIN Check out our website to view this episode's show notes: https://karagoldin.com/podcast/824
We are thrilled to be re-airing our episode with Emily Oster on making parenting decisions through data. Emily is a Professor of Economics at Brown University and the author of Expecting Better, Cribsheet, and The Family Firm. She holds a PhD in Economics from Harvard. Prior to being at Brown she was on the faculty at the University of Chicago Booth School of Business. Emily's books analyze the data behind choices on parenting and pregnancy. She is also founder and CEO of Parent Data, which provides information for parents, people who want to be parents, or anyone who likes to do their research before making a decision. In this episode, Emilly discussed with us her most recent book, The Family Firm, which takes a data driven approach to help parents think more deliberately about key issues in the elementary school years including sleep, school, health, extra curricular activities and more. Emily presented to us how you can immediately apply frameworks and concepts to utilize the date in your life for making best decisions for your children. You can find more information on Emily Oster, her books and research, and join her bi-weekly mailing list at emilyoster.net or parentdata.org. You can also connect with Emily via Twitter and Instagram @ProfEmilyOster. To hear Emily and my recent conversation on data driven decision making please visit this link Emily Oster Video. In this video, we discuss how data can (and can't) help us make parenting decisions, and take audience questions.
It's been said that pain in life is inevitable, but we can choose whether to suffer the pain of discipline or the pain of regret. How can we help learners make the right choice when enthusiasm or available time wanes? Amy and Mike invited educator Athena Savino to explore what motivates students in test prep. What are five things you will learn in this episode? What's the biggest misconception tutors and parents have about what motivates students to engage? What is the best way to assess student needs and sequence instruction? Why should goals and expectations set the foundation for preparation and coaching? What time frames work best to maintain enthusiasm and focus? What separates the students who hit their goals from the ones who don't, and how much of it is within a tutor's control? MEET OUR GUEST Athena Savino is the founder of Top Marks Prep, a platform that partners with tutoring centers to help students achieve better outcomes on the SAT, ACT, HSPT, SHSAT, ISEE, and PSAT through smarter practice and data-driven instruction. The daughter of immigrant parents who came to the US to expand educational opportunities for their family, Athena grew up with a deep appreciation for what access to the right tools and support can do. She earned her undergraduate degree from UC Berkeley and her MBA from the University of Chicago Booth School of Business. She began tutoring while pursuing her MBA and discovered that what actually moved the needle for students was simple but underappreciated: repetition and the motivation to keep improving with each attempt. That observation led her to build TopMarksPrep, which now provides tutoring centers with a student-facing study platform and an admin platform that delivers actionable, insightful data — helping tutors and center directors enhance every session and personalize instruction at scale. Athena lives in Chicago with her husband and is expecting her first son in April 2026. Athena can be reached at athena@topmarksprep.com or LinkedIn. LINKS Academic buoyancy: Towards an understanding of students' everyday academic resilience Newsletter for Tutoring Center Owners & Directors RELATED EPISODES HELPING TEENS FIND MOTIVATION AND INSIGHT HOW DO I MOTIVATE MY STUDENT? TECHNIQUES TO MOTIVATE UNMOTIVATED STUDENTS ABOUT THIS PODCAST Tests and the Rest is THE college admissions industry podcast. Explore all of our episodes on the show page. ABOUT YOUR HOSTS Mike Bergin is the president of Chariot Learning and founder of TestBright, Roots2Words, and College Eagle. Amy Seeley is the president of Seeley Test Pros and LEAP. If you're interested in working with Mike and/or Amy for test preparation, training, or consulting, get in touch through our contact page.
Are architects going to figure out startups first, or will startups figure out architecture first?In this episode of Practice Disrupted, host Evelyn Lee is joined by Bryan Boyer, founding director of the Bachelor of Science in Urban Technology at the University of Michigan's Taubman College and Faculty Director of the University of Michigan Center for Innovation in Detroit, and Larry Fabbroni, architect and innovator, to discuss the critical crossroads facing the built environment. With roughly 165 companies currently vying to sell technology into the AECO supply chain, Bryan and Larry explore the innovation gap in an industry that remains significantly under-innovated compared to analogous sectors. They advocate for a radical shift in architectural education and practice, one that equips architects with the entrepreneurial vocabulary and venture design skills needed to lead the companies of the future.The conversation delves into the rise of Urban Technology and why it is essential for architects to understand the startup and capital landscape. Bryan shares the mission behind his first-of-its-kind degree program, which prepares students to manage the complexity of cities through a lens of product and service design, and explains how that work has evolved into a new master's degree program launching through UMCI, a $250 million innovation hub opening in downtown Detroit in fall 2027. Larry discusses the intimidation many architects feel when entering the startup world and the importance of providing them with the resources to move from passive employees of tech companies to founders and leaders who actually define how our built environment is delivered. "The fastest moving teams are gonna be the ones who have individuals with those deep knowledge expertise, who have the knowledge across the domains and can collaborate with each other faster and better." - Larry Fabbroni This episode is a deep dive into the tension between traditional practice and the rapid influx of venture-backed technology. Brian and Larry break down the mechanics of the "professional intensive" they are building to bridge the gap between design thinking and business innovation. Whether you are curious about the intersection of cities and technology or looking to bring a more entrepreneurial mindset to your own career, this discussion offers a roadmap for architects to reclaim their seat at the head of the table in the digital age.Guests:Brian Boyer is the founding director of the Bachelor of Science in Urban Technology at the University of Michigan's Taubman College of Architecture and Urban Planning and Faculty Director of the University of Michigan Center for Innovation in Detroit (UMCI), a $250 million initiative bringing multidisciplinary graduate education and workforce development to downtown Detroit. A designer and educator with a background in strategic design and urban informatics, Bryan has spent his career exploring how technology and design can be leveraged to improve the quality of urban life and governance.Larry Fabbroni is an architect with over two decades in practice. He formerly led master planning projects at Ehrenkrantz Eckstut & Kuhn Architects and Strada Architecture, working on some of the largest development projects in the U.S. Today, he serves as a consultant specializing in strategic pre-development services and as CIO for the Practice of Architecture. Larry earned his MBA from the University of Chicago Booth School of Business, where he focused on entrepreneurship and strategy.This episode is especially for you if:✅ You are curious about the "Urban Tech" landscape and why it is a critical new frontier for architectural practice.✅ You want to understand why the housing sector is considered "10 times under-innovated" and how architects can change that.✅ You are interested in how architecture schools are evolving to teach venture design and entrepreneurial leadership.✅ You are an architect looking to expand your professional vocabulary to include startups, scale-ups, and venture capital.✅ You want to hear a strategic perspective on whether architects will lead the next generation of tech companies or simply work for them.What have you done to take action lately? Share your reflections with us on social and join the conversation.
Superpowers for Good should not be considered investment advice. Seek counsel before making investment decisions. When you purchase an item, launch a campaign or create an investment account after clicking a link here, we may earn a fee. Engage to support our work.Watch the show on television by downloading the e360tv channel app to your Roku, LG or AmazonFireTV. You can also see it on YouTube.Devin: What is your superpower?Jane: If something goes poorly, I'm like, okay, how can we fix this?Rob: I don't really accept constraints... I want to always find a way around the issue.Imagine a drive-thru where you can order your favorite coffee with a single app click, arrive at the pickup spot, and leave in seconds—no line, no waiting, no tipping. This seamless experience is the vision of Jane Lo and Rob Whitten, co-founders of p!ng, a fully automated drive-thru system designed to solve the inefficiencies of traditional drive-thrus.The idea was born out of frustration. Rob, a robotics expert and father of three, described how bad drive-thru experiences with his daughters inspired the project. “My three daughters made me go through a bunch of drive-throughs. It was a terrible experience, and Jane told me to stop complaining one day and just fix it,” he shared. Jane, a marketing and customer experience expert, immediately saw the potential. Together, they combined their skills to create what Rob calls “the nerd's revenge for bad drive-throughs.”The technology behind p!ng is as impressive as its simplicity. Customers use an app to place their orders, which are prepared only when they approach the pickup location. Sensors and geofencing track vehicles, ensuring orders are ready precisely when needed. Rob explained, “We wanted you to leave p!ng feeling victorious and like you're living in the future. It's nice and simple on the surface, but underneath, there's a bunch of really cool tech happening.”Jane and Rob's innovative system is already making waves among consumers, who appreciate the speed and ease of the experience. “Our customers were like, ‘This is amazing. Why doesn't this already exist?'” Jane said. Yet, traditional venture capitalists often didn't understand the scope of the problem. “If you're someone wealthier, you probably have an assistant or a fancy espresso machine. You're not likely to be in that drive-thru lane,” she explained.To fund their vision of revolutionizing drive-thru convenience, the pair turned to regulated investment crowdfunding on Wefunder, where everyday people can invest in their mission. “It's awesome because good customers make great investors and vice versa,” Rob noted.By combining cutting-edge robotics with a deep understanding of customer needs, Jane and Rob aren't just solving a problem—they're creating an entirely new experience. p!ng shows how innovation and impact can work hand in hand to redefine convenience.tl;dr:Jane Lo and Rob Whitten founded p!ng to create a frictionless, fully automated drive-thru experience.They combined expertise in robotics and customer experience to revolutionize how people get coffee.Traditional VCs didn't see the problem, so they turned to crowdfunding to fund their vision.Jane's adaptability and Rob's determination to overcome constraints drive their ability to innovate.p!ng's technology simplifies the customer experience while showcasing the potential of robotics.How to Develop Adaptability and Problem Solving As a SuperpowerJane and Rob's superpowers center on adaptability and a refusal to accept limits. Jane describes herself as an “adapter,” someone who embraces change and thrives in uncertain situations. “If something goes poorly, I'm like, okay, how can we fix this?” she explained. Rob, on the other hand, described his ability to challenge constraints: “I don't really accept constraints... I want to always find a way around the issue.” Together, these superpowers enable them to tackle challenges head-on and innovate in ways others might overlook.When Jane was recovering from hip replacement surgery, she adapted by learning to solder at home so she could contribute to p!ng's pilot project. “We made like a hundred of them or something,” she said, referring to the wiring components she assembled. Meanwhile, Rob shared his story of running a two-football-field-long hose to solve a water shortage during a robotics test at Amazon, demonstrating his determination to overcome obstacles quickly and creatively.Tips for Developing the Superpower:Push your boundaries by tackling things you fear or find uncomfortable.Embrace change as an opportunity for growth rather than something to avoid.Interrogate constraints instead of accepting them—ask “how can I solve this?” rather than “can I?”Use AI tools creatively to brainstorm and find out-of-the-box solutions.Focus on the next step instead of dwelling on failures or setbacks.By following Jane and Rob's example and advice, you can make adaptability and problem solving a skill. With practice and effort, you could make it a superpower that enables you to do more good in the world.Remember, however, that research into success suggests that building on your own superpowers is more important than creating new ones or overcoming weaknesses. You do you!Invest in Ending Organ Shortages!Guest ProfileJane Lo (she/her):Co-founder, p!ngAbout p!ng: p!ng is the fastest autonomous coffee drive-thru in the galaxy — a compact, robotics and AI-powered pod that serves premium specialty drinks in under a minute with virtually no wait and a radically better customer experience. Designed by veterans of Amazon Robotics, iRobot, and SharkNinja, p!ng delivers the speed, consistency, and convenience today's on-the-go consumers crave, whether that's during the chaotic morning rush or afternoon beverage side quest.Website: pingthru.comCompany Facebook Page: facebook.com/pingthrucoffeeCompany Instagram Handle: @pingthrucoffee Other URL: wefunder.com/pingBiographical Information: I grew up in the Bay Area and after graduating from UC Berkeley, began my career in healthcare consulting and biotech. These experiences made one thing clear: I wanted to work as close to the end consumer as possible. I returned to school to earn my MBA from The University of Chicago Booth School of Business, then moved into product marketing, brand marketing, and media production for consumer brands including Samsonite and SharkNinja. I met Rob, my co-founder, at SharkNinja, working on the same kitchen appliances development team. I found my true passion in Customer Experience analytics at Forrester Research, heading up a team of analysts and working as an advisor to Fortune 500 executives. I used data to show companies how well they are delivering for customers (or not), and what they could do to improve. Over time, I realized that even with good intentions and well-resourced teams, many companies struggle to create real change. Today, I use my love of working with and understanding customers to build joy-inducing experiences that make everyday life better.LinkedIn: linkedin.com/in/jane-lo-pingRob Whitten (he/him)Co-founder, p!ngBiographical Information: Rob Whitten is the co‑founder of p!ng, the wicked fast robotic coffee drive‑thru. Raised in Loudon, NH, he attended West Point and served as an Army infantry officer before settling in Billerica, MA in 2004.With a degree in Systems Engineering and a Master's in Program Management, Rob has spent his career solving complex problems across defense, consumer electronics, and e‑commerce. He has led high‑performing teams at BAE Systems, iRobot, SharkNinja, and Amazon Robotics, working on projects including autonomous manipulation, robotics sortation, and grocery automation.In 2023, frustrated by long drive‑thru experiences with his daughters, he co‑founded p!ng to reinvent the model through automation.Outside of work, Rob enjoys riding his Harley with Jane, competing in triathlons, skiing, hiking, traveling, cooking, and crafting epic Star Wars lawn decorations.LinkedIn: linkedin.com/in/rob-whitten-pingthruInvest in Career Success!Support Our SponsorsOur generous sponsors make our work possible, serving impact investors, social entrepreneurs, community builders and diverse founders. Today's advertisers include rHealth, Frontier Bio, and Rise Up at Work. Learn more about advertising with us here.Max-Impact Members(We're grateful for every one of these community champions who make this work possible.)Brian Christie, Brainsy | Cameron Neil, Lend For Good | Carol Fineagan, Independent Consultant | Hiten Sonpal, RISE Robotics | John Berlet, CORE Tax Deeds, LLC. | Justin Starbird, The Aebli Group | Lory Moore, Lory Moore Law | Marcia Brinton, High Desert Gear | Mark Grimes, Networked Enterprise Development | Matthew Mead, Hempitecture | Michael Pratt, Qnetic | Mike Green, Envirosult | Nick Degnan, Unlimit Ventures | Dr. Nicole Paulk, Siren Biotechnology | Paul Lovejoy, Stakeholder Enterprise | Pearl Wright, Global Changemaker | Scott Thorpe, Philanthropist | Sharon Samjitsingh, Health Care Originals | Add Your Name HereUpcoming SuperCrowd Event CalendarIf a location is not noted, the events below are virtual.Superpowers for Good Live Pitch – Private Investor Session: Immediately following the March 17, 2026, live broadcast at 8 PM ET / 5 PM PT, investors are invited to join an exclusive private Zoom session to engage directly with the presenting founders—BRG Therapeutics (Dale Walker), GigaWatt (Deep Patel), My Diabetes Health (Dr. Prem Sahasranam), and rHEALTH (Eugene Chan). In this dedicated off-air environment, participants can ask deeper questions about strategy, traction, deal terms, and impact while exploring their active Regulation Crowdfunding campaigns in real time. Watch the live pitches on Roku, Amazon Fire TV, LG Smart TVs via e360tv, LinkedIn, YouTube, or Facebook—then continue the conversation in the private investor session where capital and clarity come together. Register free to get access to both events.SuperCrowd Impact Member Networking Session: Impact (and, of course, Max-Impact) Members of the SuperCrowd are invited to a private networking session on March 17th at 1:30 PM ET/10:30 AM PT. Mark your calendar. We'll send private emails to Impact Members with registration details. Upgrade to Impact Membership today!SuperCrowdHour March: This month, Devin Thorpe will explore how investors can align profit with purpose in a powerful session titled “Why You Should Make Money with Impact Crowdfunding.” As CEO and Founder of The Super Crowd, Inc., Devin will share practical insights on generating financial returns while driving measurable social and environmental impact through regulated investment crowdfunding. Register free to get all the details. March 18th at Noon ET/9:00 PT.SuperCrowd26 featuring PurposeBuilt100™: This August 25–27, founders, investors, and ecosystem leaders will gather for a three-day, broadcast-quality global experience focused on disciplined capital formation, regulated investment crowdfunding, and purpose-driven growth. We're bringing together leading voices in impact investing, compliance, digital marketing, and circular economy innovation to deliver practical frameworks, real-world case studies, and actionable strategies. The event culminates in the PurposeBuilt100™ Showcase, recognizing 100 of the fastest-growing purpose-driven companies in the U.S. Register now to secure your seat and get all the details. August 25–27, streaming worldwide.Share the application for the PurposeBuilt100™: Purpose-driven founders deserve recognition. The PurposeBuilt100™ application window is now open—celebrating the fastest-growing companies building profit with purpose. If you know a founder creating real impact and real growth, please share this opportunity. Applications are free and confidential. Explore the program and apply today: PurposeBuilt100.com.Community Event CalendarSuccessful Funding with Karl Dakin, Tuesdays at 10:00 AM ET - Click on Events.Nominate your MedTech, BioTech or Life Sciences company for the prestigious TAG Awards. The deadline is quickly approaching! Apply before March 13! Use the discount code SUPERPOWER to save 20%!Save the Date! October 20th and 21st will be the Crowdfunding Professional Association Regulated Investment Crowdfunding Summit for 2026. This is the event of the year for everyone in the crowdfunding ecosystem.If you would like to submit an event for us to share with the 10,000+ changemakers, investors and entrepreneurs who are members of the SuperCrowd, click here.Manage the volume of emails you receive from us by clicking here.We use AI to help us write compelling recaps of each episode. Get full access to Superpowers for Good at www.superpowers4good.com/subscribe
This week we interview Christopher J. Millerick. Christopher is a revenue architect, go-to-market strategist, and expert in partner eco-systems leadership who has spent more than fifteen years engineering the systems that translate Private Equity and Venture Capital investment theses into predictable, capital-efficient revenue growth for enterprise SaaS and cybersecurity companies. As Global Vice President of Worldwide Partner Sales, Alliances & Hyperscalers at Infoblox—a Vista Equity Partners and Warburg Pincus portfolio company—Chris led the structural transformation of a stagnant $450M transactional channel into a strategic growth ecosystem that now executes 97% of total company revenue. Under his leadership, partner-sourced revenue grew from 38% to 73% of new customer bookings, new customer acquisition increased 43%, and the organization scaled steadily toward $1B in annual recurring revenue—all while meeting the board's rigorous "Rule of 60" profitability and growth mandates. Chris brought expertise that in collaboration with Infoblox's previous CRO led to the adoption of the "3 WHYs" qualifying framework — a buyer-centric methodology that aligns direct sales, marketing, and partner engagement around the three questions every enterprise buyer must answer before committing: Why now? (Urgency drivers) What happens if I do nothing? (Cost of inaction) Why this solution? (Value clarity) The framework has been deployed across global organizations to compress complex sales cycles and systematically improve capital efficiency. His operating experience spans the full PE value creation lifecycle. He built a greenfield enterprise region at Nutanix from zero to a top-producing region in North America within 24 months, led global revenue responsibility through the successful acquisition of Unitrends by Kaseya and co-led the Plexxi go-to-market turn-around through to acquisition by Hewlett Packard Enterprise. Chris led global channel sales for EMC Corporation's flagship storage business and held a variety of sales and GTM roles with progressive financial impact across a twelve-year tenure. A 5-time CRN Channel Chief honoree, Executive Revenue Growth Advisor in the Hubble network, and Limited Partner at Stage 2 Capital, Chris holds a BA from the College of the Holy Cross, an MBA from Babson College and Chief Revenue Officer Leadership Program Certificate from the University of Chicago Booth School of Business. He speaks on partner ecosystem transformation, PE/VC value creation through GTM architecture, leveraging AI in GTM and building revenue engines that deliver both growth and profitability at scale.
American universities stopped optimizing for students a long time ago. The University of Austin was built as a direct counter to that failure. Carlos Carvalho, its president, brings a statistician's precision to the diagnosis, tracing the causal chain from dropped standards to credential collapse while building an institution with no tuition and no government money, staking its survival entirely on student outcomes 20 years out. The conversation moves from the financial architecture of a university, through a curriculum that starts with Plato before it touches Python, to the deeper question of what a university owes a civilization in the age of AI and whether Austin is the right place to answer it.Agenda0:00 Intro + Three Years In 9:42 The $300M Bet 15:42 The Conglomerate Problem 21:42 Western Canon First 28:42 What AI Changes About Teaching 34:42 The Bastrop Lab 41:42 UATX in the Austin Ecosystem 48:42 Atoms vs Bits in Texas 53:42 American Exceptionalism as Mission 59:42 The Hit Pieces 1:06:42 The UCSD Math Collapse 1:11:42 Grade Inflation as Decay 1:14:42 AI and the Soul ProblemGuest BioCarlos Carvalho is the President of the University of Austin. Prior to taking on this role, he spent 15 years as a professor at the University of Texas at Austin's McCombs School of Business, where he held the La Quinta Centennial Professorship and founded the Salem Center for Policy. A native of Brazil, Dr. Carvalho earned his doctorate in statistics from Duke University and has also taught at the University of Chicago Booth School of Business. His research focuses on Bayesian statistics in complex, high-dimensional problems with applications ranging from economics to genetics to public policy. At UATX, he is leading a bold effort to build a new university that stands for American principles and academic excellence.Guest LinksUniversity of Austin: Website, Substack, Instagram, X, LinkedIn -------------------Austin Next Links: Website, X/Twitter, YouTube, LinkedInEcosystem Metacognition Substack
Welcome back to the Alt Goes Mainstream podcast.Today's episode dives into what it takes to start, build, and scale an alternative asset manager.We sat down in Stable Asset Management's London office with Erik Serrano Berntsen.Erik is the CEO of Stable, where he defines and executes the firm's investment strategy. Stable is one of the largest and most tenured GP stake builders globally. The firm manages around $5B in assets and has built over 40 firms since 2006.Stable makes strategic seed and acceleration investments to launch and scale alternatives GPs across public and private markets. With offices in New York, London, and Palm Beach, the firm backs investment firm Founders who understand that extraordinary performance requires building exceptional organizations.Committed to education as a catalyst for change, Erik supports the LSE Alternative Investments Conference — the world's largest student conference for alternatives, which is how we met 16 years ago — as well as Girls Who Invest and Girls Are Investors. Stable backs 100 Women in Finance and is a Founding Partner of the 10,000 Interns Foundation.Erik holds a BA in Politics, Philosophy, and Economics from Keble College, Oxford, and an MBA with honors and a concentration in Finance from the University of Chicago Booth School of Business.Erik and I had a fascinating conversation about what it takes to be a great investor and build a unique investment firm. We discussed:How the business of asset management has evolved since 2006.The incentives gap between LPs and GPs — and how that evolves as GPs scale.How GP seeding and GP stakes can be a solution to LP / GP misalignment.How to discern a manager's “edge" and how “edge” can change with firm growth.The most non-obvious trait that makes for a great asset management founder.The nuances of evergreen structures and which strategies might be better suited for evergreen structures.The merits of the GP stakes investment strategy for LPs.Thanks Erik for sharing your wisdom, expertise, and passion about GP stakes and asset management.Show Notes00:00 Likeability Wins00:37 Welcome to the Alt Goes Mainstream Podcast01:50 Introduction to Erik Serrano Berntsen and Stable04:08 Why the Name Stable06:26 From Benchmarks to Solutions05:31 Branding as Alts Evolve08:11 Stable's Two Market Gaps08:47 Fixing LP / GP Misalignment09:29 GP Stakes Alignment Model09:59 Non-Market Risks vs. Operating System11:15 How Edge Changes with Scale14:06 Three Edges to Underwrite16:18 Founders Think in Decades19:53 Timing Cycles and Strategy Drift23:31 Seed vs Acceleration Playbook25:39 Evergreen Capital Goes Mainstream29:01 Smaller Managers Winning Evergreen31:19 Wealth Channel Core vs Specialist33:25 Evergreen vs Drawdowns Debate34:03 Evergreen by Asset Class35:47 GP Stakes Lifecycle 38:29 Picking Tides and Boats39:03 Specialist Strategy Edge40:15 Podshopification in Private Markets41:55 What Drives New GP Formation44:52 Self Awareness as Edge46:31 Always Be Sourcing48:23 Founder to Founder Trust50:37 Lessons Running Stable53:23 Building the GP Operating System59:00 Capital as a Service01:01:43 Stigma Fades in GP Stakes01:05:18 How to Spot Manager Edge01:08:47 Founders to Emulate01:10:35 Communication and Closing ThoughtsA Word from Our Sponsor, UltimusThis episode of Alt Goes Mainstream is brought to you by Ultimus, the full-service fund administrator and transfer agent powering asset managers in private and public markets. As alts go mainstream, you need real expertise to handle complex fund structures, connect with key distribution partners, and handle sophisticated compliance, reporting, and transparency demands.That's Ultimus: high-tech, high-touch solutions for over 450 clients and 2,500 funds with $775B in assets under administration. Backed by an expert team of over 1,200 employees, they place client service at the core of their business, helping you navigate complexity during your fund structuring or launch and then supporting you through every stage of growth. Whether you're already in the market or thinking about entering private wealth, you can trust their team's deep expertise in retail alternatives to help you reach your goals.Learn more at ultimusfundsolutions.com or email info@ultimusfundsolutions.com.We thank Ultimus for their support of alts going mainstream.Editing and post-production work for this episode was provided by The Podcast Consultant.
What if your insurance product didn't need a claims adjuster? When you remove the blame from the coverage equation, everything changes. In this episode, Randel Bennett walks through how no-fault embedded insurance—specifically parametric insurance woven into the solar energy business—is reshaping how performance guarantees work in commercial infrastructure projects. About the Guest Randel Bennett is CEO and co-founder of Qixent, a Chicago-based insurance exchange platform and licensed MGA enabling carriers and partners to launch and distribute insurance products at speed and scale. Randel's insurance career spans traditional carriers (Allstate in product management), startup ventures (co-founder of Sigo Seguros, focused on non-standard auto for Hispanic buyers), and reinsurance infrastructure (VP of Strategic Partnerships at Swiss Re, working with dozens of MGAs and insurtechs on alternative distribution and new product development). He is currently pursuing an MBA from the University of Chicago Booth School of Business and holds a degree from Florida International University. Key Topics No-Fault Embedded Insurance: From Blame to Guarantee Traditional insurance asks: "Whose fault was it?" No-fault embedded insurance removes the blame entirely. By embedding a parametric trigger (a predefined event and payout) directly into a service or product, you convert insurance into a guarantee. When solar panels underperform due to weather, the data triggers an automatic payout—no claims adjuster, no friction. The customer gets paid faster; the carrier transfers weather risk cleanly. Data as the Foundation of Underwriting The critical edge in performance guarantees is determining expected production with precision. Qixent uses weather data, historical production records, satellite imagery, and panel specifications to establish a baseline for each project. This data-first approach allows predictable, sustainable pricing and removes the guesswork from underwriting. As Randel notes, "data is really the core of everything that we do." Annual Reconciliation vs. Event Triggers Qixent's model allows flexibility: real-time payouts for significant weather events, but the dominant approach in commercial solar is annual reconciliation. Over a 12-month period, Qixent compares actual production to expected production. If weather caused a shortfall, the guarantee covers the gap. For 20–25 year projects, this cadence keeps both sides—EPC and asset owner—on stable, predictable footing. From Commercial Solar to the Energy Transition Qixent's 3–5 year vision extends beyond commercial solar into residential solar, battery storage, EV charging, and fleet electrification—any space where a performance obligation faces weather, grid reliability, or supply chain constraints. The underlying infrastructure is designed to be vertical-agnostic: "If we can measure it, we can guarantee it." Founder Lessons: Humility, Problem-Market Fit, Co-Founder Complementarity Randel's advice to insurance professionals considering entrepreneurship: Lead with humility (startup resources are scarce; you become the team). Solve a real, unmistakable problem (the performance guarantee gap in clean energy was Randel's unsee-able insight). Find a co-founder who complements your blind spots (Randel brings insurance and relationships; Glenn brings technology and operational rigor). And protect work-life balance—burnout tanks companies faster than capital constraints. Notable Quotes • "In the no-fault embedded space, we're removing the blame entirely... When their solar panels underperform due to weather, for instance, the data says, hey, this is what happened. And that triggers a payout. And that's it." • "Data is really the core of everything that we do... because of that, we can price it in a way that's affordable and sustainable for the long term." • "We're not just a tech company. We're an insurance company that uses technology. And that distinction matters." • "When you come from a large organization, you're used to having resources at your disposal... When you go to a startup, you are the team. You are the infrastructure. And that requires a level of humility that a lot of people aren't prepared for." • "If we can measure it, we can guarantee it. That's the big vision." Resources & Links • Qixent: https://qixent.com/ • Randel Bennett LinkedIn: https://www.linkedin.com/in/randeljb/ • Randel Bennett Email: randel@qixent.com • Horton International: https://www.horton-usa.com/ • Joshua R. Hollander LinkedIn: https://www.linkedin.com/in/joshuarhollander/ • Insurtech Leadership Podcast Showcase: https://www.linkedin.com/showcase/insurtech-leadership-show Subscribe & Follow New episodes drop weekly. Subscribe to the Insurtech Leadership Podcast on Podbean and YouTube. Follow Joshua R. Hollander on LinkedIn for episode updates, clips, and industry commentary.
Orthopedic surgery is in the middle of a quiet but powerful shift. Procedures that once required hospital admission are increasingly being performed in Ambulatory Surgery Centers (ASCs), and this change is transforming patient experience, physician autonomy, and the business of orthopedic care. In our latest podcast episode, Dr. Spector joins us to discuss why ASCs are becoming a dominant force in modern orthopedics. In this episode, we break down: Why more orthopedic procedures are moving out of hospitals. How ASCs are transforming patient experience, efficiency, and recovery. OrthoCarolina's bold strategy to double down on ASCs and physician-led care. The real financial differences between ASCs and hospitals for patients, insurers, and providers. Certificate of need, and the role it plays in ASCs. How ASCs and hospital partnerships work. A board-certified fellowship-trained Orthopedic spine surgeon, Dr. Spector has enjoyed a 17-year tenure with OrthoCarolina, holding multiple leadership positions, including Chief Executive Officer, Chief Quality Officer, member of the Executive Committee, chairman of the Quality/Value Committee, and co-fellowship director at the OrthoCarolina Spine Center. In 2020, Dr. Spector earned his MBA from Duke University Fuqua School of Business and was previously selected to participate in the American Orthopedic Association Leadership Program, conducted in collaboration with the University of Chicago Booth School of Business. Dr. Spector currently serves as a Board Member of the Lumbar Spine Research Society and previously held the position of President of the North Carolina Spine Society. Dr. Spector began serving as CEO of OrthoCarolina in 2024. Dr. Spector has continued to practice orthopedic surgery while active as the OrthoCarolina CEO.
In this special bonus episode, Kaila and Kyle sit down with Industrious president Anna Squires Levine to discuss the role that connection plays at work, the future of offices and hybrid vs. remote work, the role of leadership in the modern workplace, and advice on making career pivots. 00:00 Intro 01:16 University of Chicago Booth School of Business study on human connection 07:45 What most companies get wrong about how to design a great working environment 10:31 Advice for companies trying to introduce more fun into their culture 12:42 How should leaders think about creating a great workplace given the mixture of hybrid, remote, and in-office employees? 15:57 Game: Ask Anna 22:43 How Anna approaches building a culture of energy (vs. one of burnout) 25:37 Anna's advice for those looking to make a career pivot 29:47 What parenting has taught Anna about navigating work This episode was sponsored by Industrious. Try out Industrious for yourself with a day pass OR a meeting room booking, now 50% off for Per My Last Email listeners. Visit industriousoffice.com/pmle to get your discount or free tour. Want to get all of Kaila & Kyle's career resources? Subscribe to Per My Last Email: https://www.permylastemailshow.com/ Watch Per My Last Email on YouTube: @PerMYLastEmailShow Follow Per My Last Email Instagram: @permylastemailshow TikTok: @permylastemailshow Twitter: @permylast_email Have a question for us? Send us an email or voice note to permylastemail@morningbrew.com Learn more about your ad choices. Visit megaphone.fm/adchoices Each week on Per My Last Email, Morning Brew's resident career experts Kaila and Kyle – whose careers have collectively spanned the corporate, government, nonprofit and startup sectors – debate the trickiest challenges in work life, and share tactics on how to overcome them. Share the show with a friend, and leave us a review on your favorite podcast app! Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, I sit down with executive coach and author Cathy Carroll for a heartfelt and eye-opening conversation about one of the most overlooked challenges in farm families: navigating the tension between love and logic. Cathy, founder of Legacy Onward and author of Hug of War, shares how families can move beyond black-and-white thinking and start seeing conflict not as something to avoid but something to manage. Together, we explore the concept of polarities: two opposing but equally valuable truths, like tradition and innovation, control and trust, or fairness and equality. We talk about why trying to "solve" these tensions often backfires, and how learning to embrace both sides can transform your family's conversations, decisions, and leadership. Cathy also shares tools to help you create healthier dynamics, lead with clarity, and make space for both your heart and your head. If your family feels stuck between generations, mindsets, or values, this episode will give you a powerful new lens—and the language to move forward together. "In a family business, you're not choosing between right or wrong; you're holding two right answers at the same time. The challenge is not to solve the tension, but to manage it so you get the best of both worlds." — Cathy Carroll, MBA, MCC Resources Mentioned During This Episode Free Family Business Polarity Assessment https://www.legacyonward.com/assessment manage common polarities in a family business About Our Guest Cathy learned about family business leadership the best way you can – by leading her family business. After a twenty-year corporate career, she left United Airlines to lead her father's business and instantly recognized a difference between leadership in a family business vs leadership in a large corporation. Founder and President of Legacy Onward, Inc., Cathy Carroll is an internationally recognized family business leadership coach, speaker, and author of "Hug of War: How to Lead a Family Business With both Love and Logic." She also trains advisors serving family enterprises on the fundamentals of polarity thinking. Cathy earned certificates in both Leadership Coaching and Executive Facilitation at Georgetown University, an MBA at the University of Chicago Booth School of Business, and a BA at Boston College. She is also a Master Certified Coach (MCC) in the ICF. An active member of the community, Cathy currently serves as Chair of the Board of the Purposeful Planning Institute and co-founder & Treasurer of A Leg To Stand On. Contact Cathy Visit the Legacy Onward website Follow Cathy on LinkedIn Elaine Froese Resources: Watch this episode on YouTube. Visit the podcast website SPEAKING - book Elaine for your next event COACHING - explore Farm Transition Coaching MEMBERSHIP - become a Farm Family Transition Member FREE STUFF - downloadable tools for your farm transition CONTACT - take the next steps in your transition BURNING QUESTION? Submit it here Farm Family Coach Social Media Links Facebook Instagram LinkedIn X YouTube TikTok Timestamps 0:00:00 — Introduction to the podcast, Cathy Carroll's background, and the purpose of the episode. 0:07:15 — Managing the "equal vs fair" polarity in family business compensation. 0:12:41 — The polarity between business mindset (logic/profit) and family mindset (love/fairness). 0:14:38 — Domain crossover: balancing family and business relationships in decision-making. 0:16:59 — Shadow influencers: how people without formal authority impact family business outcomes. 0:17:54 — Tradition vs. innovation polarity within generational family businesses. 0:22:48 — Emotional vs. Rational polarity in business decisions. 0:24:12 — Reveal vs. Conceal: transparency and privacy in family wealth and information sharing. 0:29:38 — Privileges vs. Responsibilities polarity, and the risks of imbalance. 0:34:09 — Investing in the business vs. harvesting profits for family use. 0:38:33 — Task conflict vs. Relationship conflict and their roles in farm family businesses. 0:42:40 — Family first vs. business first: balancing needs for long-term sustainability. 0:44:48 — How to shift from "either/or" thinking to managing polarities for family business success.
This Devotional address with President Alvin F. Meredith III was delivered on Tuesday, January 13, 2026, at 11:30 AM MST in the BYU-Idaho I-Center. Alvin F. Meredith III became the 18th president of Brigham Young University-Idaho on August 1, 2023. He was sustained as a General Authority Seventy on April 3, 2021, and continues to serve in that role today. Prior to his call as a General Authority, President Meredith served as president of the Utah Salt Lake City South Mission. He also served as an Area Seventy in the North America Southeast and Asia Areas, and in a number of other Church callings including as a full-time missionary in the Utah Salt Lake City Mission. In his professional career, President Meredith worked as a senior executive of Asurion in Tennessee, Hong Kong, and Singapore. He also worked for The Boston Consulting Group and GE Capital. President Meredith earned a bachelor's degree in psychology from Brigham Young University and a Master of Business Administration in finance from the University of Chicago Booth School of Business.
In this episode of Molecule to Market, you'll go inside the outsourcing space of the global drug development sector with Jim Gale, Founding Partner & Managing Director at Signet. Your host, Raman Sehgal, discusses the pharmaceutical and biotechnology supply chain with Jim, covering: The origins of growth equity in private equity and how it led to the founding of Signet, a fund built on deep domain expertise. Why private equity is a growing asset category but still remains undervalued and under appreciated. How the nature of the companies Signet invests in has evolved over the last twenty five years, while the fundamental principles of building a strong business remain the same. How the “picks and shovels” strategy of investing in tools, services and infrastructure has consistently served them well. Jim's assessment criteria when evaluating new opportunities after seventy deals, including the key question… can we institutionalise an entrepreneur led business. How higher interest rates and economic uncertainty constrain biopharma and biotech, and how that impacts investment dollars flowing into pharma services, along with deal flow, valuation and structure. James “Jim” Gale is the Founding Partner and Managing Director of Signet Healthcare Partners, a New York based healthcare growth equity firm specialising in pharmaceutical services, specialty pharma and medical technology. With more than thirty five years of investing and finance experience, Jim has built a deep track record backing companies involved in formulation, development, manufacturing and commercialisation across the world. At Signet, Jim has led investments across the pharma services value chain, including platforms in sterile fill finish, complex formulations, biologics development and specialty generics. His current and recent board roles include Ascendia Pharmaceutical Solutions, NorthX Biologics, RK Pharma, Bionpharma, Chr Olesen Synthesis, Pharma Nobis, Juno Pharmaceuticals and Lee's Pharmaceutical. He also serves as Chairman of Bionpharma and is a director of Knight Therapeutics. Jim holds an MBA from the University of Chicago Booth School of Business. Molecule to Market is also sponsored by Bora Pharmaceuticals and Charles River Laboratories, and supported by Lead Candidate. Please subscribe, tell your industry colleagues and join us in celebrating and promoting the value and importance of the global life science outsourcing space. We'd also appreciate a positive rating!
Why do people cooperate with one another when they have no (selfish) motivation to do so? Why do we hold onto possessions of little value? And why is the winner of an auction so often disappointed? Hear Nobel Prize winner Richard Thaler and his co-author, Alex Imas, discuss these questions, examined in their book The Winner's Curse, with Michael Lewis.Richard H. Thaler received the 2017 Nobel Prize in Economic Sciences. He is a distinguished service professor of economics and behavioral science at the University of Chicago's Booth School of Business, coauthor of Nudge: Improving Decisions about Health, Wealth, and Happiness (with Cass Sunstein) and the author of Misbehaving: The Making of Behavioral Economics. Alex O. Imas is a professor of behavioral science and economics at the University of Chicago Booth School of Business. Among his honors are the Alfred P. Sloan Research Fellowship, the Review of Financial Studies Rising Scholar Award, and the Hillel Einhorn New Investigator Award. Previously, he was an assistant professor of behavioral economics at Carnegie Mellon University.Michael Lewis is known for his meticulous research on far-reaching subjects—from the top-secret world of high-frequency trading (Flash Boys), to baseball (Moneyball), to behavioral economics and the friendship between Daniel Kahneman and Amos Tversky (The Undoing Project), to an account of a band of medical visionaries trying to avert Trump's calamitous response to the COVID-19 outbreak (The Premonition), to the world's youngest billionaire and crypto's Gatsby (Going Infinite). Most recently, he authored Who Is Government?, with contributions from W. Kamau Bell, Sarah Vowell, Dave Eggers, and others.On November 21, 2025, Thaler and Imas visited the Sydney Goldstein Theater in San Francisco to be interviewed on stage by Michael Lewis.
Richard Thaler is the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. He is the co-author, with Cass Sunstein, of Nudge: Improving Decisions about Health, Wealth, and Happiness, and is the 2017 recipient of the Nobel Memorial Prize in Economic Sciences. In this week's conversation, Yascha Mounk and Richard Thaler explore to what extent humans behave rationally, how nudge theory works, and whether we should outsource questions about life to ChatGPT. If you have not yet signed up for our podcast, please do so now by following this link on your phone. Email: leonora.barclay@persuasion.community Podcast production by Mickey Freeland and Leonora Barclay. Connect with us! Spotify | Apple | Google X: @Yascha_Mounk & @JoinPersuasion YouTube: Yascha Mounk, Persuasion LinkedIn: Persuasion Community Learn more about your ad choices. Visit megaphone.fm/adchoices
About David Cohen:David Cohen, FACHE, serves as the Chief Product and Technology Officer at Greenway Health, leading the company's technology and product strategy to drive digital healthcare innovation. Since joining in 2019, he has played a key role in modernizing Greenway's solutions and driving better outcomes for providers and patients. He also serves on the Board of the CommonWell Health Alliance, promoting interoperability across the healthcare ecosystem.Previously, David spent over 13 years at Cerner Corporation in leadership roles spanning Cerner Intelligence, Clinical Solutions, and Innovation. He began his career in technology and consulting with Pfizer and ThoughtWorks. David holds an MBA from The University of Chicago Booth School of Business and a BA in Integrated Science and Mathematics from Northwestern University.Things You'll Learn:Intelligent automation is central to transforming ambulatory healthcare, enabling providers to reduce administrative tasks and allocate more time to patient care.Greenway's “agentic-first architecture” treats AI not as a tool but as the core product, enabling end-to-end workflow automation across the encounter-to-cash spectrum.By working closely with customers and using a “working backwards” approach, Greenway designs solutions that directly address real-world practice challenges.Automation in documentation, chart review, and revenue cycle management enhances efficiency and improves care coordination through platforms like AWS HealthLake.David emphasizes “time compression,” focusing on delivering innovation within months rather than years to meet the urgent needs of healthcare providers.Resources:Connect with and follow David Cohen on LinkedIn.Follow Greenway Health on LinkedIn and visit their website.
Read the full transcript here. Are stock prices set by cash flows or crowd vibes? Why do bubbles last if “smart money” can short them? What should retail traders learn from GameStop and zero-commission options? When does momentum make sense - and when does it burn you? Why don't obvious mispricings get fixed - what actually stops arbitrage? Will AI help us think clearer, or supercharge manipulation and personalized pricing? Where should regulators draw the line on gamified trading and price discrimination? Do tariffs feel good because they keep others out—even if we pay more? What does the "winner's curse" mean for auctions, IPOs, and everyday deals? How much of what we want is copied from other people, and why does that matter for markets? Alex Imas is the Roger L. and Rachel M. Goetz Professor of Behavioral Science, Economics and Applied AI and a Vasilou Faculty Scholar at the University of Chicago Booth School of Business, where he has taught Negotiations and Behavioral Economics. Alex studies behavioral economics with a focus on cognition and mental representation in dynamic decision-making. His research explores topics related to choice under uncertainty, applied AI, discrimination, and how people learn from information. Professor Imas' work utilizes a variety of methods, including lab experiments, field experiments, analysis of observational data and theoretical modeling. His research has been published in the American Economic Review, Journal of Finance, Proceedings of the National Academy of Sciences, Quarterly Journal of Economics, and Management Science, among others. Links: The Winner's Curse Alex's personal website Alex's Twitter Staff Spencer Greenberg — Host + Director Ryan Kessler — Producer + Technical Lead WeAmplify — Transcriptionists Igor Scaldini — Marketing Consultant Music Broke for Free Josh Woodward Lee Rosevere Quiet Music for Tiny Robots wowamusic zapsplat.com Affiliates Clearer Thinking GuidedTrack Mind Ease Positly UpLift [Read more]
Alex Imas is the Roger L. and Rachel M. Goetz Professor of Behavioral Science, Economics and Applied AI and a Vasilou Faculty Scholar at the University of Chicago Booth School of Business, where he has taught Negotiations and Behavioral Economics. He is a Faculty Affiliate of the Center for Applied AI and the Human Capital & Economic Opportunity, an NBER Faculty Research Associate, and a CESifo Research Network Fellow. He is also an Associate Editor at the Journal of the European Economic Association and on the editorial board of Psychological Science. Alex studies behavioral economics with a focus on how people understand and mentally represent the choices they are facing. His research explores topics related to how people learn and make choices in settings with risk and uncertainty. He also studies the economics of artificial intelligence and discrimination. Alex's work utilizes a variety of methods, including controlled laboratory experiments, field experiments, analysis of observational data and theoretical modeling. Alex Imas is the recipient of the 2023 Alfred P. Sloan Research Fellowship, the Review of Financial Studies Rising Scholar Award, the New Investigator Award from the Behavioral Science and Policy Association, the Hillel Einhorn New Investigator Award from the Society of Judgment and Decision Making, the Distinguished CESifo Affiliate Award, and the NSF Graduate Research Fellowship. He is the co-author, with Richard Thaler, of The Winner's Curse: Behavioral Economics Anomalies, Then and Now (Simon and Schuster, 2025). He is an Associate Editor at the Journal of the European Economic Association and on the editorial board of Psychological Science. Alex was born in Bender, Moldova. Previously, he was the William S. Dietrich II Assistant Professor of Behavioral Economics at Carnegie Mellon University, where he taught Behavioral Economics and Human Judgment and Decision Making. He did his PhD in economics at the University of California, San Diego and earned a BA from Northwestern University. Prior to graduate school, Imas helped found a startup and co-authored several patents as part of its intellectual property strategy. Teaching materials for The Winner's Curse can be found here. Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, where he leads the Master's Program in International and Development Economics at the University of San Francisco. He is also a nonresident scholar at the UCSD 21st Century China Center and an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Guest interviewer Robizon Khubulashvili is an Assistant Professor of Economics at the University of San Francisco. His research is at the intersection of theoretical, behavioral, and experimental microeconomics. A common question in his research is, how can we use a user's revealed preferences to improve the performance of online platforms? Robizon has studied this question in two settings: when monetary incentives are missing (an online gaming platform) and when monetary incentives are present (an online gambling platform). His work suggests that heterogeneity among users is an essential consideration in designing better online platforms; that is, a policy benefiting one type of user might harm the other. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
Alex Imas is the Roger L. and Rachel M. Goetz Professor of Behavioral Science, Economics and Applied AI and a Vasilou Faculty Scholar at the University of Chicago Booth School of Business, where he has taught Negotiations and Behavioral Economics. He is a Faculty Affiliate of the Center for Applied AI and the Human Capital & Economic Opportunity, an NBER Faculty Research Associate, and a CESifo Research Network Fellow. He is also an Associate Editor at the Journal of the European Economic Association and on the editorial board of Psychological Science. Alex studies behavioral economics with a focus on how people understand and mentally represent the choices they are facing. His research explores topics related to how people learn and make choices in settings with risk and uncertainty. He also studies the economics of artificial intelligence and discrimination. Alex's work utilizes a variety of methods, including controlled laboratory experiments, field experiments, analysis of observational data and theoretical modeling. Alex Imas is the recipient of the 2023 Alfred P. Sloan Research Fellowship, the Review of Financial Studies Rising Scholar Award, the New Investigator Award from the Behavioral Science and Policy Association, the Hillel Einhorn New Investigator Award from the Society of Judgment and Decision Making, the Distinguished CESifo Affiliate Award, and the NSF Graduate Research Fellowship. He is the co-author, with Richard Thaler, of The Winner's Curse: Behavioral Economics Anomalies, Then and Now (Simon and Schuster, 2025). He is an Associate Editor at the Journal of the European Economic Association and on the editorial board of Psychological Science. Alex was born in Bender, Moldova. Previously, he was the William S. Dietrich II Assistant Professor of Behavioral Economics at Carnegie Mellon University, where he taught Behavioral Economics and Human Judgment and Decision Making. He did his PhD in economics at the University of California, San Diego and earned a BA from Northwestern University. Prior to graduate school, Imas helped found a startup and co-authored several patents as part of its intellectual property strategy. Teaching materials for The Winner's Curse can be found here. Interviewer Peter Lorentzen is an Associate Professor of Economics at the University of San Francisco, where he leads the Master's Program in International and Development Economics at the University of San Francisco. He is also a nonresident scholar at the UCSD 21st Century China Center and an alumnus of the Public Intellectuals Program of the National Committee on US-China Relations. His research focuses on the economics of information, incentives, and institutions, primarily as applied to the development and governance of China. He created the unique Master's of Science in Applied Economics at the University of San Francisco, which teaches the conceptual frameworks and practical data analytics skills needed to succeed in the digital economy. Guest interviewer Robizon Khubulashvili is an Assistant Professor of Economics at the University of San Francisco. His research is at the intersection of theoretical, behavioral, and experimental microeconomics. A common question in his research is, how can we use a user's revealed preferences to improve the performance of online platforms? Robizon has studied this question in two settings: when monetary incentives are missing (an online gaming platform) and when monetary incentives are present (an online gambling platform). His work suggests that heterogeneity among users is an essential consideration in designing better online platforms; that is, a policy benefiting one type of user might harm the other. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/psychology
Max Milz is Group Vice President Connected Technology Solutions at Dentsply Sirona, leading its digital healthcare portfolio, which includes imaging, CAD/CAM, surgical equipment, and AI-based clinical software. A passionate tech leader, he previously spent 12 years at Siemens AG, including five years in China. He serves on the Advisory Board of the Value for Good Foundation and holds degrees from Harvard and Cambridge. David Ferguson joined Dentsply Sirona as Senior Vice President, Global Business Units in March 2025. David Ferguson is a seasoned executive with extensive leadership experience in the medical device and healthcare industries. He has a strong track record of driving revenue growth, strategic transformation, and operational excellence across multiple global businesses. Most recently, he was President of Gore Medical, a unit of W.L. Gore. Previously, as EVP at Philips and President & CEO of Philips Respironics, he managed a global team of 6,000 people. At Baxter Healthcare, he led the global infusion therapy, IV solutions and patient monitoring business. He also held leadership roles at GE Healthcare. Mr. Ferguson is a Graduate of the Advanced Management Program of University of Chicago Booth School of Business and holds a PhD in Chemistry from Texas A&M University and Bachelor of Science in Biochemistry from David Lipscomb University. He has served on multiple boards, including AZBio, Philips PAC, and Baxter International Foundation, and is a co-inventor of two U.S. patents and author of ten peer-reviewed publications.
If you're enjoying the content, please like, subscribe, and comment! Phoebe's Links:Website: https://taelor.style/LinkedIn: https://www.linkedin.com/in/phoebe-tan-b6a3166Promo Code: podcast25Phoebe is currently the Founder of Taelor, an AI-powered two-sided circular fashion platform for busy men to rent styles and for brands/retailers to test products. Taelor is an award-winning sustainability startup that has won various competitions organized by accelerators, including Draper University, University of Chicago Polsky Center, and SPARK Accel. Phoebe lives a minimalist life and is passionate about mindful living and saving the environment. She believes the future of fashion is circular, which will benefit consumers, businesses, society, and the environment. Taelor's mission is to play a part in saving the environment by extending the life of garments and supporting sustainable fashion, as well as simplifying lives by owning less clothing and sharing more styles.Phoebe is a Certified Internal Auditor (CIA) and received her MBA from the University of Chicago Booth School of Business and a Bachelor of Science degree in Applied Accounting from Oxford Brookes University.______________________Follow us!@worldxppodcast Instagram - https://bit.ly/3eoBwyr@worldxppodcast Twitter - https://bit.ly/2Oa7BzmSpotify - http://spoti.fi/3sZAUTGYouTube - http://bit.ly/3rxDvUL#fashionable #fashionstyle #fashion #fashionblogger #entrepeneur #rental #clothing #clothes #mensfashion #explore #explorepage #podcastshow #longformpodcast #longformpodcast #podcasts #podcaster #explore #podcast #newshow #worldxppodcast
Standard economic theory informs how we think about business strategy and the economy and presumes that people are selfish, have well-defined preferences, and consistently make welfare-maximizing choices. In other words, we are rational. But what if that is not the case?Nobel Prize-winning economist Richard Thaler is out with an updated edition of his bestselling 1991 book, "The Winner's Curse: Paradoxes and Anomalies of Economic Life." In the new edition, he and his co-author Alex Imas (both professors at the University of Chicago Booth School of Business) reflect on the last thirty years of behavioral economics and how it makes sense of tensions between our psychological biases and impulses that make us less than fully rational in practice. Using a wealth of empirical evidence, the authors explore the behavioral anomalies that contradict the expectations of standard economic theory and explain a wide range of real-world examples from banking crises to social media addiction.Earlier this month, Thaler joined Bethany and Luigi for a sold-out Capitalisn't recording in front of a live audience in Chicago to walk through the anomalies of human behavior that have endured from biblical times to the age of Big Tech. Thaler reflects on how views and the adoption of behavioral economics have changed over the last thirty years, both within academia and beyond (wonder why you can't put down your phone? Silicon Valley has read Thaler). He also shares how behavioral economics can influence public policy from canceling “junk fees” and dubious subscriptions to deciding which parts of the Affordable Care Act to keep and which are unlikely to produce their desired outcomes. Over conversation, light banter, and audience Q&A, Thaler shares his views on the state of capitalism and reveals how there is no grand unified theory of human behavior that incorporates all its irrationalities—only departures from the standard model. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
What happens when leaders try to serve everyone?They end up serving no one. UATX President Dr. Carlos Carvalho reveals “The Value Blindspot” reshaping higher ed — and how CEOs can avoid the same trap.===========CEO Blindspots® Podcast Guest: Dr. Carlos CarvalhoDr. Carlos Carvalho is the President of the University of Austin. Prior to taking on this role, he spent 15 years as a professor at the University of Texas at Austin's McCombs School of Business, where he held the La Quinta Centennial Professorship and founded the Salem Center for Policy. A native of Brazil, Dr. Carvalho earned his doctorate in statistics from Duke University and has also taught at the University of Chicago Booth School of Business. His research focuses on Bayesian statistics in complex, high-dimensional problems with applications ranging from economics to genetics to public policy. At UATX, he is leading a bold effort to build a new university that stands for American principles and academic excellence.
What if AI could solve one of fashion's biggest problems—waste—while helping men look sharp without ever setting foot in a mall? In this episode of The Root of All Success, I sit down with Anya Cheng, a Silicon Valley tech executive turned founder of TAELŌR, an AI-powered clothing rental and styling platform for men that's transforming how fashion meets technology and sustainability. Before launching TAELŌR, Anya helped build Facebook and Instagram Shopping at Meta, led innovation at eBay and Target, and scaled McDonald's global food delivery. Today, she's using AI to make fashion smarter, more sustainable, and accessible to busy professionals. We dive into how Anya turned a personal frustration into a groundbreaking business model—and what her journey reveals about innovation, leadership, and courage in a male-dominated industry.
Popular music history collides with data analytics, charts, and numbers in this insightful and surprising look at the greatest hits and musicians, fads, forgotten artists, and much more. Data analyst and musician Chris Dalla Riva reframes everything you thought you knew about music. Did you know that hit songs in the late 1950s were regularly about gruesome death? That a US vice president wrote a number one hit? That while TikTok has spawned countless hits, it's made artists more anonymous than ever before? That pop songs have shaped race relations in the United States? That the key change died around 2003? And that's just the beginning. Coupling hard data with engaging anecdotes, Uncharted Territory: What Numbers Tell Us about the Biggest Hit Songs and Ourselves (Bloomsbury, 2025) is both a takedown and celebration of popular music and provides new ways to think about your favorite songs, genres, and artists from the last 6 decades using unexpected statistics and playful visualizations. This entertaining history is filled with the most popular musicians of all time from The Beatles and The Bee Gees to Michael Jackson, Mariah Carey, and beyond. Whether you danced the twist or the dougie at your senior prom, you're sure to never listen to music again in the same way. Chris Dalla Riva lives at the intersection of music and data. Playing in bands and recording music since his teenage years, Dalla Riva is currently a Senior Product Manager at Audiomack where he focuses on data analytics and personalization. Gregory McNiff is a Managing Director in the New York office of the Blueshirt Group, an IR firm focused on technology. Greg holds an MBA from the University of Chicago Booth School of Business, an M. Litt. in Shakespeare Studies from the University of St. Andrews and a B.A. in Classical Languages from Columbia University. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
Richard H. Thaler is the 2017 recipient of the Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics and the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. He is the New York Times bestselling co-author of Nudge: Improving Decisions About Health, Wealth, and Happiness and the author of Misbehaving: The Making of Behavioral Economics. His new book is The Winner's Curse: Behavioral Economics Anomalies, Then and Now. My co-host for this conversation is Nick Kokonas. Nick is an entrepreneur, investor, and author best known as the co-founder of The Alinea Group (sold in 2024) and the reservation platform Tock, which is now owned by American Express.This episode is brought to you by:Seed's DS-01® Daily Synbiotic broad spectrum 24-strain probiotic + prebiotic: https://Seed.com/Tim (Use code 25TIM for 25% off your first month's supply)ExpressVPN high-speed, secure, and anonymous VPN service: https://www.expressvpn.com/tim (get 4 months free on their annual plans)AG1 all-in-one nutritional supplement: https://DrinkAG1.com/Tim (1-year supply of Vitamin D plus 5 free AG1 travel packs with your first subscription purchase.)*For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim's email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim's books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Statistics are everywhere: in news reports, at the doctor's office, and in every sort of forecast, from the stock market to the weather. Blogger, teacher, and computer scientist Allen B. Downey knows well that people have an innate ability both to understand statistics and to be fooled by them. As he makes clear in this accessible introduction to statistical thinking, the stakes are big. Simple misunderstandings have led to incorrect medical prognoses, underestimated the likelihood of large earthquakes, hindered social justice efforts, and resulted in dubious policy decisions. There are right and wrong ways to look at numbers, and Downey will help you see which are which. Probably Overthinking It: How to Use Data to Answer Questions, Avoid Statistical Traps, and Make Better Decisions (University of Chicago Press, 2023) uses real data to delve into real examples with real consequences, drawing on cases from health campaigns, political movements, chess rankings, and more. He lays out common pitfalls--like the base rate fallacy, length-biased sampling, and Simpson's paradox--and shines a light on what we learn when we interpret data correctly, and what goes wrong when we don't. Using data visualizations instead of equations, he builds understanding from the basics to help you recognize errors, whether in your own thinking or in media reports. Even if you have never studied statistics--or if you have and forgot everything you learned--this book will offer new insight into the methods and measurements that help us understand the world. Allen B. Downey is a curriculum designer at the online learning company Brilliant and professor emeritus of computer science at Olin College. Gregory McNiff is a Managing Director in the New York office of the Blueshirt Group, an IR firm focused on technology. Greg holds an MBA from the University of Chicago Booth School of Business, an M. Litt. in Shakespeare Studies from the University of St. Andrews and a B.A. in Classical Languages from Columbia University. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
Tracy Layney is a seasoned HR leader with more than 15 years of experience shaping people and culture strategies at Levi's, Gap, and Shutterfly. She currently teaches Human Capital Strategy as an adjunct professor at the University of Chicago Booth School of Business. Tracy holds a BA in English from the University of Pennsylvania.In this conversation, we discuss:Tracy shares her unconventional path from English major and aspiring lawyer to CHRO at Levi's, Gap, and Shutterfly, and how consulting shaped her approach to organizational strategy.She reflects on lessons from working with iconic leaders like Eva Sage Gavin and Chip Bergh, including leading Levi's through the early days of the pandemic.She explains why excellence and heart-centered leadership must coexist to build values-driven, high-performing cultures.She explores how AI and other disruptive forces are reshaping HR, from talent strategy to employee expectations, and why adaptability is critical for leaders.She discusses the importance of transparency and trust-building between HR and employees during times of uncertainty, drawing parallels with past crises.She shares her perspective as a professor on how future HR leaders are navigating unprecedented change, mental health challenges, and the rapid rise of AI in the workplace.Resources:Subscribe to the AI & The Future of Work NewsletterConnect with Tracy on LinkedInAI fun fact articleOn How To Democratize Content Creation using AI
This Devotional address with President Alvin F. and Sister Jennifer E. Meredith was delivered on Tuesday, September 16th at 11:30 AM MST in the BYU-Idaho I-Center. Alvin F. Meredith III became the 18th president of Brigham Young University-Idaho on August 1, 2023. He was sustained as a General Authority Seventy on April 3, 2021, and continues to serve in that role today. Prior to his call as a General Authority, President Meredith served as president of the Utah Salt Lake City South Mission. He also served as an Area Seventy in the North America Southeast and Asia Areas, and in a number of other Church callings including as a full-time missionary in the Utah Salt Lake City Mission. In his professional career, President Meredith worked as a senior executive of Asurion in Tennessee, Hong Kong, and Singapore. He also worked for The Boston Consulting Group and GE Capital. President Meredith earned a bachelor's degree in psychology from Brigham Young University and a Master of Business Administration in finance from the University of Chicago Booth School of Business. Jennifer E. Meredith received a bachelor's degree in communications from Brigham Young University. She worked in Human Resources for Franklin Covey. Sister Meredith served as a mission leader with her husband in the Utah Salt Lake City South Mission. She has served as a presidency member in multiple church organizations and as a full-time missionary in the Argentina Salta Mission. President and Sister Meredith were married on June 6, 1998, in the Salt Lake Temple, and they are the parents of six children.
What happens when an architect's skillset is applied not just to buildings, but to the complex systems that shape our cities, policies, and climate? This week, Evelyn is joined by co-host Larry Fabbroni and his longtime friend and Carnegie Mellon classmate, Mark Chambers, an environmental policy leader and architect who has taken his training from design studios to city halls and the White House.This rich conversation explores Mark's remarkable career arc, from practicing architect to the Sustainability Director for Washington D.C. and New York City, and later, the first Senior Director for Building Emissions and Community Resilience in the Biden White House. Mark explains how he views his architectural training as the discipline of a "three-dimensional problem solver," a skill that allows him to deconstruct and reassemble complex policy challenges just as he would a building. He argues that this skillset is a strategic advantage, especially in interdisciplinary rooms where the architectural perspective is unique and highly valued.The discussion goes beyond resumes to tackle the big questions facing the profession and society. When asked how architects can secure more value for their work, Mark challenges the premise of fighting for a bigger piece of the existing pie."I'm questioning the whole pie. I'm questioning the way in which the pie was set up. It's like, I don't want a bigger slice. I want a different pie." - Mark ChambersThis episode concludes with a masterclass in optimistic disruption, as Mark advocates for a fundamental reimagining of the architect's role - from a service provider to an owner, a caretaker, and a shaper of systems. He offers advice for professionals at any stage on how to build a personal narrative, take calculated chances, find their audience, and use their unique skills to drive collective action and build the future they want to see.GuestMark Chambers is an architect, environmental policy leader, and social impact designer focused on the intersection of climate action, community, and the built environment. His career has been dedicated to public service, having served as the Director of Sustainability for both New York City and Washington D.C., and as the Senior Director for Building Emissions and Community Resilience for the White House Council on Environmental Quality. A graduate of Carnegie Mellon University, Mark uses his architectural training to solve complex systemic problems and advocate for a more sustainable and equitable future.Larry Fabbroni is an architect with over two decades in practice. He formerly led master planning projects at Ehrenkrantz Eckstut & Kuhn Architects and Strada Architecture, working on some of the largest development projects in the U.S. Today, he serves as a consultant specializing in strategic pre-development services and as CIO for the Practice of Architecture. Larry earned his MBA from the University of Chicago Booth School of Business, where he focused on entrepreneurship and strategy.Is This Episode for You?This episode is for you if:✅ You are curious about career paths for architects in public policy, climate action, and government. ✅ You want to understand how an architectural skillset can be a strategic advantage in non-traditional roles. ✅ You feel frustrated by the existing systems and are looking for inspiration to challenge the status quo. ✅ You are seeking an optimistic framework for staying hopeful and effective in a time of uncertainty. ✅ You want advice on how to build a career narrative, take chances, and find your voice to make an impact.
What happens when you stop chasing returns and start investing in purpose?Ron Diamond, Founder and Chairman of Diamond Wealth, believes the future of finance isn't just about building wealth—it's about what that wealth can do. As a trusted advisor to over 100 family offices ranging from $250 million to $30 billion, Ron has spent more than two decades helping ultra-wealthy families align their capital with causes that matter.In this episode, Ron shares how the collapse of Drexel Burnham shaped his perspective on loyalty, legacy, and leadership—and why “patient capital” is poised to disrupt the short-termism of private equity. We explore how purpose-driven investing is solving real-world challenges, from cancer to climate, and what it takes to build sustainable family office infrastructure in an era of unprecedented generational wealth transfer.And the timing couldn't be more relevant: family offices are no longer niche players. The number of single-family offices has surged 31% since 2019, with projections reaching over 10,700 globally by 2030. As trillions of dollars transition to the next generation, Ron offers a front-row seat to the values, strategies, and systems needed to steward that wealth wisely.Ron is also the Founder, Host, and CEO of Family Office World Media, and helped establish the Family Office Program for TIGER 21, where he chairs a national peer group. He lectures at Oxford, Stanford, Harvard, and the University of Chicago Booth School of Business, and was recently appointed Editor-in-Chief of The National Law Review's first Family Office newsletter. A LinkedIn Top Voice, TEDx speaker, and former hedge fund founder, Ron began his career on Wall Street at Bear Stearns and Drexel Burnham.Key TakeawaysPeople Over Companies: Ron's experience during Drexel's collapse taught him that relationships—not institutions—are what endure.Patient Capital Is a Game-Changer: Family offices can think in decades, not quarters, offering strategic advantage over traditional funds.Purpose Before Profit: Legacy and social impact must anchor investment decisions.Professionalization Is Essential: Governance, infrastructure, and talent are what turn capital into capability.The Ego Barrier: Great wealth doesn't guarantee great management—humility is crucial for longevity.Five Core Principles from Ron Diamond1. Guiding North Star: Profit with PurposeAnchor investments in something bigger than financial return—personal mission, legacy, or societal impact. → Tip: Define your North Star early and align capital accordingly.2. Trust & Relationships FirstBack character over credentials. Trust and personal integrity build more resilient partnerships than models or metrics. → Tip: Focus on people, not pitch decks.3. Patient, Long-Term CapitalThink in decades, not exit cycles. Family offices can outperform by holding steady and avoiding short-termism. → Tip: Let compounding do the heavy lifting.4. Professionalizing Family OfficesFamily offices must evolve beyond legacy systems—invest in governance, talent, and infrastructure like any top-tier fund. → Tip: Treat talent as a profit center, not a cost.5. Entrepreneurial PhilanthropyDeploy strategic, venture-style capital into social challenges. Purpose and profit can—and should—coexist. → Tip: Apply the same rigor to social impact as you do to your investments.Episode Highlights00:00 – Episode...
My guests today are Richard Thaler and Alex Imas. Richard Thaler is a theorist in behavioral economics and a professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. In 2017, he was awarded the Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics. Alex Imas is a professor of Behavioral Science, Economics and Applied AI and a Vasilou Faculty Scholar at the University of Chicago Booth School of Business. He studies behavioral economics with a focus on cognition and mental representation in dynamic decision-making. The topic is their book The Winner's Curse: Behavioral Economics Anomalies, Then and Now. In this episode of Trend Following Radio we discuss: Behavioral economics anomalies and their persistence Trend following, momentum, and mean reversion Nick Leeson and the Barings Bank collapse Development and evolution of their book Applications of behavioral economics in real-world decisions 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!
In this special short episode, Ryan Staley shares insights from a private presentation he delivered to Chief Revenue Officers at the University of Chicago Booth School of Business. This "fly on the wall" style episode provides a laid-back conversation covering core AI implementation concepts, frameworks, and practical strategies for revenue leaders.Chapters00:00 Introduction to AI Implementation for Revenue Officers00:56 Step-by-Step AI Adoption Framework01:53 Building a Specialized AI Team and MomentumYour competitors are already using AI. Don't get left behind. Weekly AI strategies used by PE Backed and Publicly Traded Companies→https://hi.switchy.io/ggi6
Psychologists Off The Clock: A Psychology Podcast About The Science And Practice Of Living Well
Think about the times you've assumed someone's behavior revealed exactly what they were thinking. Nicholas Epley, our guest for this episode, explains this as correspondence bias and, through his book Mindwise, teaches us about the concept of correspondence bias and explains how we often believe that a person's actions correspond directly to their mental state. You'll hear about his research into social cognition and how it reveals that while humans are generally adept at reading others, we frequently overestimate our accuracy. The episode also covers practical experiments on how engaging with strangers can significantly boost our happiness, despite our fears and misconceptions, and the importance of curiosity in overcoming social anxieties and making positive first impressions. Listen and Learn: How our unique “sixth sense” of mind reading, our ability to understand, predict, and connect with others' invisible thoughts, shapes human connection and survivalWhy our ability to read other people's minds is far less accurate than we think, and what makes understanding others such a difficult challengeWhy we often overestimate how well we understand those closest to us, and how even long-term partners are not as accurate at reading each other's thoughts and feelings as they believeWhat drives our brains to form first impressions in an instant, how overconfidence shapes the way we read others, and why moment-to-moment cues like facial expressions play a bigger role in social interactions than we often realize?How can you make a great first impression without overthinking body language or tricks, simply by staying curious and genuinely interested in the person you're talking to?How correspondence bias makes us assume people's actions reflect their true thoughts and feelings, why this can lead to misjudgments, and how showing confidence, curiosity, or kindness can positively influence how others respond to youCan striking up a conversation with a stranger boost happiness more than staying to yourself, even though we usually expect the interaction to go badly?Resources: Mindwise: Why We Misunderstand What Others Think, Believe, Feel, and Want: https://bookshop.org/a/30734/9780307743565 Nicholas' website: https://www.nicholasepley.com/About Nicholas EpleyNicholas Epley is the John Templeton Keller Distinguished Service Professor of Behavior Science and Director of the Center for Decision Research at the University of Chicago Booth School of Business. He studies social cognition—how thinking people think about other thinking people—to understand why smart people so routinely misunderstand each other. He teaches an ethics and well-being course to MBA students called Designing a Good Life. His research has been featured by the New York Times, Wall Street Journal, CNN, Wired, and National Public Radio, among many others, and has been funded by the National Science Foundation and the Templeton Foundation. He has been awarded the 2008 Theoretical Innovation Award from the Society for Personality and Social Psychology, the 2011 Distinguished Scientific Award for Early Career Contribution to Psychology from the American Psychological Association, the 2015 Book Prize for the Promotion of Social and Personality Science, and the 2018 Career Trajectory Award from the Society for Experimental Social Psychology. Epley was named a "professor to watch" by the Financial Times, one of the "World's Best 40 under 40 Business School Professors" by Poets and Quants, and one of the 100 Most Influential in Business Ethics by Ethisphere. He is the author of Mindwise: How We Understand What Others Think, Believe, Feel, and Want, and of a forthcoming book to be published in the fall of 2026 tentatively titled, Dare to connectRelated Episodes413. Validate with Caroline Fleck393. Supercommunicators with Charles Duhigg374. Developing and Deepening Connections with Adam Dorsay360. The Laws of Connection with David Robson329. The Power of Curiosity with Scott ShigeokaSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Big shoes to fill at the Fed. Taking pruning sheers to the MoMo names. Is that it for the year? Digestion phase is upon us. Noland Langford, founder of Left Brain Research is our guest this week. Let's talk fundamentals! NEW! DOWNLOAD THE AI GENERATED SHOW NOTES (Guest Segment) Noland started in the financial services industry working as a financial advisor for Merrill Lynch. After many years of managing separate accounts on a discretionary basis for high net worth clients, Noland decided to launch his own RIA firm, Left Brain Wealth Management, LLC in 2014. Once the RIA firm was established, Noland progressed to his ultimate goal of launching his own hedge fund vehicle, Left Brain Capital Appreciation Fund, L.P. which was launched in January 2016. Noland is passionate about the markets and spends most of his waking hours dedicated to investment research and portfolio management. Noland received his MBA from the University of Chicago Booth School of Business and is a Certified Financial Planner licensee. In his spare time, Noland is an avid reader and enjoys working out and traveling. Noland splits his time between the Chicago and Miami offices. Check out Left Brain Investment Research Follow @andrewhorowitz Looking for style diversification? More information on the TDI Managed Growth Strategy - HERE Stocks mentioned in this episode: (PLTR), (AMD), (NVDA)
What if AI is more than a tool? What if it's a toddler learning from us? In this mind-expanding episode of The Greatness Machine, futurist Elatia Abate joins Darius to explore the ethical and emotional dimensions of artificial intelligence. From the power of diverse voices shaping AI to how kindness in prompts can actually improve results, Elatia shares a bold vision of co-creating the future with technology. She also reflects on her personal journey—how pretending to be anything less than her full self held her back, and how authenticity unlocked her greatness. In this episode, Darius and Elatia will discuss: (00:00) Introduction and Personal Background (03:05) Cultural Heritage and Identity (05:57) Career Journey and Transition to Futurism (09:04) The Impact of Technology on Work (11:55) Education and Influences (15:14) The Role of Humanity in Leadership (18:08) Exploring the Future of Work (20:59) Navigating the Age of AI (25:32) The Rise of AI and Its Impact on Employment (30:37) Navigating the Future of Work (34:55) The Velocity of Change and Workforce Displacement (38:40) Societal Implications of AI and Automation (41:57) Reimagining Value Creation in the Age of AI (48:04) Consciousness and AI: A New Frontier (53:57) The Importance of Diverse Voices in AI Development Elatia Abate is a globally recognized entrepreneur and futurist on a mission to revolutionize leadership in the Age of AI. Named a Forbes leading female futurist, she serves as Futurist in Residence at Paylocity and is the creator of Future-Led Leadership™️, a framework used by organizations such as Verizon, Deloitte, and GMAC. A sought-after keynote speaker and TEDx presenter, Elatia has shared insights on the future of work, leadership, and resilience with audiences from Citi to SHRM. Formerly an HR executive at Anheuser-Busch InBev and Dow Jones, she is also the author of Build a Career You Love and a featured expert in work with Tony Robbins and Trevor Noah. Elatia teaches at Stanford, the University of Chicago Booth School of Business, and LinkedIn Learning. Sponsored by: Constant Contact: Try Constant Contact free for 30 days at constantcontact.com. IDEO U: Enroll today and get 15% off sitewide at ideou.com/greatness. Indeed: Get a $75 sponsored job credit to boost your job's visibility at Indeed.com/darius. Shopify: Sign up for a $1/month trial period at shopify.com/darius. Connect with Elatia: Website: https://elatiaabate.com/ LinkedIn: https://www.linkedin.com/in/elatiaabate Instagram: https://www.instagram.com/elatiaabate/ Connect with Darius: Website: https://therealdarius.com/ Linkedin: https://www.linkedin.com/in/dariusmirshahzadeh/ Instagram: https://www.instagram.com/imthedarius/ YouTube: https://www.youtube.com/@Thegreatnessmachine Book: The Core Value Equation https://www.amazon.com/Core-Value-Equation-Framework-Limitless/dp/1544506708 Write a review for The Greatness Machine using this link: https://ratethispodcast.com/spreadinggreatness. Learn more about your ad choices. Visit megaphone.fm/adchoices