logo
episode-header-image
Jul 2022
22m 54s

Ep9 "When is a Business Decision a Mista...

The Lauder Institute
About this episode
As leaders, how do we know when we've made a mistake? Is it as simple as evaluating whether the outcome was good or bad? In this episode of All Else Equal: Making better decisions, hosts and finance professors Jonathan Berk and Jules van Binsbergen discuss how risk/reward calculations can help define what is a mistake and what isn't. To talk more in depth a ... Show More
Up next
Sep 9
Rerun: Ep66 When (and When Not) To Listen to Investment Advice
All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon.Solicited or not, advice on where to invest your money seems to be around every corner these days. But d ... Show More
27m 3s
Aug 26
Rerun: Ep71 “The Working From Home Revolution” with Nick Bloom
All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon. When the pandemic hit in 2020, working from home skyrocketed. Six years later, many companies have retu ... Show More
28m 34s
Aug 13
Rerun: Ep73 “The Dangers of Group Think on Decision Making” with Adi Sunderam
All Else Equal is taking a short break over the summer and will be revisiting some of our favorite conversations from last season. The show will be back with new episodes soon. Whether it be in politics, public health, or corporate finance, why are people more likely to interpret ... Show More
33m 58s
Recommended Episodes
Nov 2023
Fool School: Can You Beat the Big Guys?
Here at the Motley Fool, we like our individual stocks. But – what if we’re wrong?  Jonathan Berk is a professor of finance at the Stanford Graduate School of Business and co-host of the podcast “All Else Equal: Making Better Decisions.” Ricky Mulvey caught up with Berk to discus ... Show More
32m 50s
Aug 2023
How To Make The ‘Right’ Mistakes
Episode 26: Mistakes happen. But it can be difficult knowing which mistake is the right one or the wrong one. Depending on the type of mistake, they can either help solidify a foundation for your business or create a structure of bad habits. Alex Lieberman (@businessbarista) talk ... Show More
7m 54s
Jun 2024
How to Recover From Huge Mistakes in Business | Ep 704
"Messing up is a part of business.” Today, Alex (@AlexHormozi) discusses the significance of managing business mistakes effectively and transforming negative customer experiences into positive ones. He highlights strategies such as prompt accountability, issuing refunds, and deli ... Show More
25m 56s
Feb 2022
52. Communicating Our Mistakes: How to Avoid Common Flaws and Make Better Decisions
tail spinning
20m 3s
Mar 2024
Getting Bad Advice from Good People | Ep 668
"When you have an opportunity or you have made the decision to capitalize on a new thing that you're going to do, to go all in on that thing.” Today, Alex (@AlexHormozi) discusses the struggle of determining who to listen to for advice as an entrepreneur, and shares personal expe ... Show More
11m 16s
Oct 2022
TKP Insights: Making (Even) Better Decisions
This episode is packed with wisdom from previous guests on the art of making better decisions. We discuss the three types of decision-makers, how to control your emotions when making decisions, why it’s crucial to look at every decision differently, the processes for coming to th ... Show More
1h 23m
Jan 2022
Our $10M Mistake | Ep 362
Time is money. Today, Alex (@AlexHormozi) talks about the mistake he’s been doing with his company for two years that made him lose millions of dollars, how he was able to spot the problem, and how potential is always far greater than the constraint. Welcome to The Game w/Alex Ho ... Show More
8m 31s
Apr 2025
When Idealism Confronts Reality
<p>On today’s show we are talking about whether it’s better to be better, or better to be simple. Today’s episode is an embarrassing story that I’m going to share with you so that you can learn from our mistake. </p><p>One of the consequences of working with really smart people i ... Show More
5m 3s
May 2024
All Good Things Come to an End | Making Tough Decisions
<p class="MsoNormal">When you're confronted with a difficult business decision, it's not uncommon to later wonder whether you made the right choice. <em>Wouldn't it be great if you had a decision-making shortcut—one that minimized the worry and uncertainty—that you could rely on ... Show More
14m 59s