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All Else Equal: Making Better Decisions

The Lauder Institute
Investment Strategies
Private Equity
Stock Market
Higher Education
Public Companies
Corporate Governance
Value Creation
Common Ownership
Efficient Markets
Real Options
Higher Education Crisis
Market Liquidity
Universities
AQR Capital Management
Private Debt
Net Present Value Investment Criterion
University Of Austin
Hedge Funds
Stakeholder Alignment
Airline Industry

Join Stanford GSB finance professor Jonathan Berk and Jules van Binsbergen of The Wharton School in a conversation with prominent business leaders about common flaws in the decision making process and what to do about them. Learn more at AllElseEqualPodcast.com.All Else Equal: Making Better Decisions Podcast is a production of Stanford Graduate School of Business and is produced by University FM.

PublishesTwice monthlyEpisodes87Founded4 years ago
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InvestingManagementBusiness

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Artwork for All Else Equal: Making Better Decisions

Latest Episodes

As the 2025 municipal elections approach, the New York City mayoral race has garnered national buzz, with one issue particularly capturing attention: rent control. 

On this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen... more

YouTube

Solicited or not, advice on where to invest your money seems to be around every corner these days. But determining whether the advice is credible and worth listening to can be challenging. 

On this episode, hosts and finance professors Jonathan Berk... more

YouTube

With growing concerns over whether or not AI will take away jobs and eventually become superior to human intelligence, maybe it’s time to take a closer look at the human brain and discover how AI will always have its limitations. 

Hosts and finance ... more

YouTube

While a higher education may help your career in terms of income, how much of what you’re taught in a classroom actually prepares you for the work you do on the job?

Hosts and finance professors Jonathan Berk and Jules van Binsbergen chat with econo... more

YouTube

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Recent Guests

Jeff Hawkins
Foremost neuroscientist and author known for founding Palm Computing and his work on understanding the human brain
Numenta
Episode: Ep65 "Will Future AI Systems Operate Like The Human Brain? It’s Complicated” with Jeff Hawkins
Bryan Caplan
Professor of Economics at George Mason University
George Mason University
Episode: Ep64 "Why Higher Education Needs a Massive Overhaul: Are the Kids Even Learning Anything?" with Bryan Caplan
Ludovic Phalippou
Expert in private equity and asset management, author of 'Private Equity Laid Bare'
Episode: Ep63 “What Explains the Growth of Private Equity? A Different Perspective” with Ludovic Phalippou
John Cochrane
A prominent economist and former professor at the University of Chicago, now at Stanford University
Hoover Institution, Stanford University
Episode: Rerun: Ep60 “A Trade Deficit? More Like a Capital Surplus” with John Cochrane
Victor Davis Hanson
Emeritus Professor of Classics at California State University, Fresno, and Senior Fellow in Classics and Military History at the Hoover Institution
Hoover Institution
Episode: Rerun: Ep54 “The Rise And Fall of Great Societies: Lessons from History” with Victor Davis Hanson
Mohamed El-Erian
CEO and co-chief investment officer of Pimco; currently a global senior fellow at the Lauder Institute
Allianz
Episode: Rerun: Ep47 “Is the US National Debt Sustainable?” with Mohamed El-Erian
Timur Kuran
Economist and political scientist, professor at Duke University, and author on preference falsification
Duke University
Episode: Ep62 “The Cost of Social Compliance: Exploring Preference Falsification" with Timur Kuran
Richard Saller
American classicist and former interim president of Stanford University, previously provost of the University of Chicago
Stanford University
Episode: Ep61 “Pursuit for Academic Freedom” with Richard Saller
Dani Rodrik
Ford Foundation Professor of International Political Economy at the John F. Kennedy School of Government at Harvard University
Harvard University
Episode: Ep59 “Why Tariffs Are Not The Ultimate Trade Weapon” with Dani Rodrik

Hosts

Jules van Binsbergen
Director of the Lauder Institute and finance professor at the Wharton School, he brings deep expertise in finance and decision-making processes to the podcast.
Jonathan Berk
Finance professor and co-host who provides expert insights on investment and management, emphasizing the flaws in decision-making.

Reviews

4.8 out of 5 stars from 236 ratings
  • Highly recommended!

    Very high quality discussions am just grateful to have access to such content at no cost. Thank you for producing this.

    Apple Podcasts
    5
    Yssh.ch
    India5 months ago
  • Intellectual

    Excellent and intellectual discussions, one of the best

    Apple Podcasts
    5
    OneReaderMe
    United States5 months ago
  • All Else Equal, But sometimes “more equal”

    So, Professor Van Binsbergen was one of my favorite professors while at Wharton, and I learned a LOT in his Investment Management class

    However, in the most recent episode a few glaring things occurred. Effectively fawning over Trump’s communications style while not discussing the potential downfalls of what this may mean for our relationships with our allies.

    A discussion on his negotiation style should have also looked at how he views negotiations, especially with respect to The Art of the ... more

    Apple Podcasts
    3
    QuestioningListener
    United States8 months ago
  • Insightful

    Incredible insight in every single episode. Particularly useful for business people. A lot of the topics are based on finance but relevant to daily life and just every day logical thinking

    Apple Podcasts
    5
    cadiguno
    Indonesia9 months ago
  • National Debt episode was superb!

    Great discussion of the various methods to characterize the level of debt and which measure is the most “correct”. Also great discussion for the options to increase GDP growth. It would be nice if you could summarize the key ideas from each episode is some central learnings document that you could tie to the show notes. Also- would a good subtitle for the show be (“All Else is Never Equal”)?

    Apple Podcasts
    5
    Efficientfrontierseeker
    United Statesa year ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

The podcast is seen as a valuable resource for professionals wanting to improve their decision-making skills.
Listeners appreciate the high-quality discussions and insights from notable guests in economics and finance.
Some critiques mention that certain episodes can feel overly scripted, but the informative content generally outweighs this concern.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#213
Germany/Business/Investing
Apple Podcasts
#124
China/Business/Investing
Apple Podcasts
#175
Japan/Business/Investing
Apple Podcasts
#188
Ukraine/Business/Investing
Apple Podcasts
#194
Chile/Business/Investing
Apple Podcasts
#200
Spain/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

Ep65 "Will Future AI Systems Operate Like The Human Brain? It’s Complicated” with Jeff Hawkins
Q: What is the future of AI and its impact on human jobs?
AI will not replace all human jobs but will serve as a tool that complements human decision-making capabilities.
Ep65 "Will Future AI Systems Operate Like The Human Brain? It’s Complicated” with Jeff Hawkins
Q: What makes human intelligence fundamentally different from AI?
AI systems lack the ability to interact physically with the world and build knowledge based on spatial relations, unlike the human brain.
Ep65 "Will Future AI Systems Operate Like The Human Brain? It’s Complicated” with Jeff Hawkins
Q: Tell me why I'm wrong or right about how the brain works and how it relates to AI?
The brain is not a computer; it is a type of memory system that builds models of the world and learns through observation and interaction.
Ep63 “What Explains the Growth of Private Equity? A Different Perspective” with Ludovic Phalippou
Q: What are the major drivers of the trends towards private equity and private debt?
The belief that returns will be higher from private equity, which drives demand amidst regulatory challenges in public markets.
Ep63 “What Explains the Growth of Private Equity? A Different Perspective” with Ludovic Phalippou
Q: Is it the case that the people that invest in private markets are overcharged?
Yes, the fees in private equity are extremely high when compared to the services provided, indicating a potential overcharging situation.

Audience Metrics

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Frequently Asked Questions About All Else Equal: Making Better Decisions

What is All Else Equal: Making Better Decisions about and what kind of topics does it cover?

This podcast features insightful conversations between finance professors and prominent business leaders, focusing on the intricacies of decision-making within diverse business contexts. Each episode typically dissects common fallacies in the decision-making process, offering strategies and frameworks to rethink these issues. Discussions often traverse the fields of economics, finance, and corporate governance, presenting new perspectives on traditional business practices and policies. The blend of academic rigor and practical insights makes this podcast uniquely valuable for business professionals seeking to enhance their decision-making skills and understanding of complex economic issues.

Listeners can expect a thought-provoking series t... more

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Which podcasts are similar to All Else Equal: Making Better Decisions?

These podcasts share a similar audience with All Else Equal: Making Better Decisions:

1. Exchanges
2. Masters in Business
3. Capitalisn't
4. The McKinsey Podcast
5. Value Investing with Legends

How many episodes of All Else Equal: Making Better Decisions are there?

All Else Equal: Making Better Decisions launched 4 years ago and published 87 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on All Else Equal: Making Better Decisions?

Recent guests on All Else Equal: Making Better Decisions include:

1. Jeff Hawkins
2. Bryan Caplan
3. Ludovic Phalippou
4. John Cochrane
5. Victor Davis Hanson
6. Mohamed El-Erian
7. Timur Kuran
8. Richard Saller

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