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Artwork for All Else Equal: Making Better Decisions

All Else Equal: Making Better Decisions

The Lauder Institute
Investment Strategies
Private Equity
Stock Market
Higher Education
Public Companies
Value Creation
Corporate Governance
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.

PublishesWeeklyEpisodes71Founded3 years ago
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BusinessInvestingManagement

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Artwork for All Else Equal: Making Better Decisions

Latest Episodes

All Else Equal is taking a little spring break, so on this episode we’re revisiting a fascinating conversation on what happens when universities step off the sidelines and take a stance on contentious issues. Are they boarding a roller coaster that t... more

One key to effective negotiation is to keep your opponent guessing by randomizing your strategy. And right now, there might not be a more prolific example of this kind of strategy than President Donald Trump’s communication style.  

In this episode,... more

Is it acceptable for doctors to lie to their patients, or withhold some of the truth, if it’s in the patient’s best interest? 

In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen welcome back John Ioannidis, professo... more

YouTube

As more and more universities move away from full-time MBA programs, what does the future of business education look like? How should it look?

In this episode, hear perspectives from three of the top business schools in the U.S.: Stanford Graduate S... more

YouTube

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Recent Guests

Peter Robinson
The Murdoch Distinguished Policy Fellow at the Hoover Institution, speechwriter for Ronald Reagan, and host of Hoover's video series program Uncommon Knowledge
Hoover Institution
Episode: Ep57 “Effective Communication: Trump vs. Reagan” with Peter Robinson
John Ioannidis
Professor of Medicine at Stanford University and widely cited researcher in medicine.
Stanford University
Episode: Ep56 “When Should We Lie for the Greater Good?” with John Ioannidis
Madhav Rajan
Dean of the Booth School of Business at the University of Chicago.
Booth School of Business, University of Chicago
Episode: Ep55 “The Future Of The MBA: From 3 Top Business Schools” with Madhav Rajan
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: Ep54 “The Rise And Fall of Great Societies: Lessons from History” with Victor Davis Hanson
Veronica Rappoport
Professor in the management department and former deputy governor at the Central Bank of Argentina
London School of Economics
Episode: Ep53 “The Truth About Inflation and Price Caps: Learn From Argentina” with Veronica Rappoport
Patrick Awuah
President of Ashesi University in Ghana
Ashesi University
Episode: Ep52 “Should Legacy Admissions at Universities Be Illegal?” with Patrick Awuah
Chester Spatt
Pamela R and Kenneth B. Dunn Professor of Finance at the Tepper School of Business at Carnegie Mellon University and former Chief Economist of the US Securities and Exchange Commission
Carnegie Mellon University
Episode: Ep50 “Is Proxy Advising a Catch-22?” with Chester Spatt
Jay Clayton
Former Chairman of the Securities and Exchange Commission from 2017 to 2020
Apollo Asset Management
Episode: Ep49 “Making Regulation Work” with Jay Clayton
Dirk Jenter
Professor of Finance at the London School of Economics and an expert on CEO compensation
London School of Economics
Episode: Ep48 “Are CEOs Underpaid?” with Dirk Jenter

Hosts

Jonathan Berk
Finance Professor with significant expertise in financial decision-making and investment strategies.
Jules van Binsbergen
Director at the Lauder Institute and Finance Professor with a focus on corporate finance and investment analysis.

Reviews

4.8 out of 5 stars from 224 ratings
  • 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
    Indonesia2 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 States6 months ago
  • Top Notch

    This excellent podcast is a public service.

    Apple Podcasts
    5
    BK9535
    United Statesa year ago
  • Love your concept professors

    Thank you for this. Solid learning material for entrepreneur/starter as myself. Keep going!

    Apple Podcasts
    5
    padeosarran
    United States2 years ago
  • We’re you demonstrating your premise?

    In general, I love the show. Ep23, however, was a real disappointment. You made many of the mistakes that you are always cautioning against, presented your opinion as absolute fact, offered strawman alternatives and misidentified causation.

    There were some points that were somewhat valid, such as that banks do have some government subsidies, but most of those you identified aren’t them, specifically, FDIC insurance is not a subsidy; the banks pay for it. The more important issue is your supp... more

    Apple Podcasts
    2
    hpostley
    United States2 years ago

Listeners Say

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

Some feedback indicates a desire for a more spontaneous discussion style rather than a scripted feel.
The show is praised for its high-quality guests who contribute valuable perspectives on decision-making.
Many reviews highlight the hosts' ability to ask probing questions that enhance the depth of conversation.
Listeners appreciate the blend of academic insight and practical discussions presented by the hosts.

Chart Rankings

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

Talking Points

Recent interactions between the hosts and their guests.

Ep57 “Effective Communication: Trump vs. Reagan” with Peter Robinson
Q: Is Trump's unpredictable behavior a systematic strategy or merely chaotic?
It is difficult to ascertain, as some experts view it as premeditated, while others observe a lack of coordination, meaning both interpretations hold merit.
Ep57 “Effective Communication: Trump vs. Reagan” with Peter Robinson
Q: How do you compare the communication styles of Donald Trump and Ronald Reagan?
They have similar effective communication but differ greatly in their styles—Reagan was disciplined and professional while Trump is direct and stream-of-consciousness.
Ep55 “The Future Of The MBA: From 3 Top Business Schools” with Madhav Rajan
Q: What do you think precipitated what I'd call the decline of the MBA degree?
Madhav Rajan outlines that many MBA programs are now struggling due to students not wanting to give up jobs for a traditional degree, leading schools to pivot towards part-time online models.
Ep53 “The Truth About Inflation and Price Caps: Learn From Argentina” with Veronica Rappoport
Q: Are there lessons that the US could learn from Argentina's experience?
Yes, the US should be cautious about running persistent deficits without addressing inflation, as eventually investors may lose confidence and require the Central Bank to cover the debt.
Ep53 “The Truth About Inflation and Price Caps: Learn From Argentina” with Veronica Rappoport
Q: What went wrong over the last 50 years in Argentina regarding inflation?
The main problem has been a structural fiscal deficit, where Argentina has run a primary deficit almost every year, leading to reliance on the Central Bank to finance government spending.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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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?

A nuanced exploration of decision-making in business contexts is at the forefront of discussions featuring finance professors and esteemed guests. Each episode scrutinizes common pitfalls in financial decision-making and invites insights from industry experts, which in turn aims to improve listeners' understanding and practices. Noteworthy themes include corporate governance, economic principles, regulation, and investment strategies, combining academic rigor with practical relevance. The podcast stands out for its ability to blend high-level insights with accessible discussions, making it appealing to both industry professionals and learners seeking to refine their decision-making abilities.

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

All Else Equal: Making Better Decisions launched 3 years ago and published 71 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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