logo
episode-header-image
Jun 2021
43m 28s

Dan Ariely on How To Win Big by Betting ...

bloomberg
About this episode

Dan Ariely is one of the most famous behavioral economists in the world. And in his latest act, he's attempted to apply his research to investing. His five-year-old firm Irrational Capital searches out companies that foster human capital: that companies which do a better job of nurturing their employees see stock market outperformance. In this episode, we talk about why human capital matters, how to measure it, and what kind of investment returns he's seen by betting on it.

See omnystudio.com/listener for privacy information.

Up next
Yesterday
Lev Menand on Trump's Attempt to Fire the Fed's Lisa Cook
Criticism and threats to Federal Reserve independence have been building for some time in this administration. But it was taken to a new height on August 25, when Trump posted that he intended to fire Fed Governor Lisa Cook, a Biden appointee. According to our guest, Columbia Law ... Show More
28m 41s
Yesterday
Adam Posen on a Surreal Jackson Hole in a Post-American World
The annual Jackson Hole symposium is, formally speaking, an academic conference. Economists and central bankers gather to discuss the most important, cutting edge ideas in monetary policy. But there was certainly a different feel this year because of the relentless attacks on Fed ... Show More
57m 41s
Aug 25
Tom Barkin on Why Central Banking Is on Hard Mode Now
According to Richmond Federal Reserve Bank President Tom Barkin, much of the time central banking is straightforward. Sometimes it's clear that rate cuts are needed. Sometimes it's clear that rate hikes are needed. Other times everything is going great, and central bankers don't ... Show More
28m 45s
Recommended Episodes
Sep 2020
Michael Mauboussin – Great Migration Public to Private Equity - [Invest Like the Best, EP.189]
My guest this week is Michael Mauboussin, the head of consilient research at Counterpoint Global. Michael is an all-time favorite guest here on the show, and this is his fourth appearance. We discuss one of the biggest topics in the world of investing: the shift from public to pr ... Show More
1 h
Oct 2023
Aswath Damodaran - Making Sense of the Market Pt. 2 - [Invest Like the Best, EP.349]
Today’s guest is Aswath Damodaran, who is joining us for a second time on Invest Like the Best. Aswath is a Professor of Finance at NYU’s Stern School of Business and is often referred to as the Dean of Valuation for his clarity of thought on the subject. This conversation picks ... Show More
1h 21m
Jul 2021
Steve Mandel - Investing Behind Change - [Invest Like the Best, EP. 235]
My guest today is Steve Mandel, founder of Lone Pine Capital, one of the most successful hedge fund and investment firms of this generation. In our conversation, we discuss how the investing business has evolved since Steve’s start in the 1980s, why it’s so difficult to drive alp ... Show More
1h 11m
May 2020
From $17k/mo to $200k/mo: The Newest Company I'm Investing In
Investing capital into a business can be the fastest path to growth... if that business is already healthy and profitable. It helps when that business has an audience of incredibly loyal buyers like Courtney Lee's Prymal brand that sells healthy coffee creamers. On this episode w ... Show More
50m 43s
Jul 2023
Prof G Markets: Inflation’s Descent, Sam Altman’s SPAC, and Private Equity’s Latest Target
This week on Prof G Markets, Scott breaks down what the latest inflation data means for the American economy. He then shares his thoughts on OpenAI CEO Sam Altman taking a nuclear power company public via SPAC. Finally, he explains why private equity firms are circling mom-and-po ... Show More
44m 6s
Jun 2021
Investors vs. Inflation
Despite increased fears about inflation the S&P 500 hits a new all-time high. Chewy, RH, and Marvell Technology all post better 1st-quarter results than Wall Street was expecting. Dave & Buster’s pops. Casey’s General Stores drops. Monday.com makes its public debut. Stitch Fix sh ... Show More
39m 10s
Mar 2021
Bill Gurley on Entrepreneurs and Technology (Podcast)
Bloomberg Opinion columnist Barry Ritholtz speaks with legendary venture-capital investor Bill Gurley, who has spent more than 15 years as a general partner at Benchmark Capital. Prior his work in venture capital, Gurley spent four years on Wall Street as a top-ranked research an ... Show More
1h 12m
Jan 2024
Erik Serrano - Investing in Investment Firms - [Invest Like the Best, EP.358]
My guest today is Erik Serrano. Erik is the CEO of Stable Asset Management, which he started 14 years ago in his early 20s and has scaled to over $3 billion in AUM. Unusually, Stable’s strategy focuses on other investing firms. They look to back the Blackstone's of tomorrow and p ... Show More
1h 26m
Jun 2023
Howard Makler: “Your brand is a fingerprint of your behavior.”
Howard Makler knows how vital small and medium-sized businesses are to the economy. But he also knows not everyone appreciates their value. A successful serial entrepreneur and CEO of Innovation Refunds, Howard is working to make sure smaller businesses are no longer ignored. Inn ... Show More
26m 37s