Sign up to save your podcasts
Or
Share Combining Intuition and Information to Make Better Investment Decisions
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
Combining Intuition and Information to Make Better Investment Decisions
In this episode, Brian Adams speaks with Christopher Frank, Oded Netzer, and Paul Magnone, authors of the book Decisions Over Decimals. They discuss how to make better business decisions by focusing on effective problem framing, interrogating data with context and intuition, and communicating insights clearly. The guests explain why relying solely on data and analysis often leads to poor decisions, and share principles and techniques for developing "quantitative intuition."
[00:00 - 10:49] - Introducing the Guests and Motivation Behind Their Book
- Backgrounds of the three guests/authors
- Myths around needing advanced math or perfect data
- Ineffective meetings and group decision making
[10:50 - 22:42] - Key Decision Making Concepts
- Balancing intuition and data analysis
- Putting data in context and asking "What surprised you?"
- Powerful questions vs. technical analysis
[22:43 - 32:27] - Applying the Concepts
- Case studies using simple but effective techniques
- Contrast with traditional linear processes
- Immediate impact from students applying the techniques
[32:28 - 39:04] - Key Takeaways and Conclusion
- Ask questions, focus on the problem definition
- Data interrogation requires intuition and doubt
- Imperfect decisions are okay - adjust with new data
- Recapturing childlike curiosity in decisions
Key Quote:
"The bad news is you don't get to decide whether you make decisions with data. It's reality. The good news is you don't need to be top of class in math in order to make these decisions." - Oded Netzer
Connect with Christopher, Oded, and Paul!
Website: https://www.dodthebook.com/
Download our FREE Strategizing for Inflation Guide here: https://www.excelsiorgp.com/download/
Connect with me:
https://www.linkedin.com/in/brian-c-adams/ (LinkedIn)
LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON!
Hosted on Acast. See acast.com/privacy for more information.
View all episodes
By Brian Adams
4.8
3131 ratings
In this episode, Brian Adams speaks with Christopher Frank, Oded Netzer, and Paul Magnone, authors of the book Decisions Over Decimals. They discuss how to make better business decisions by focusing on effective problem framing, interrogating data with context and intuition, and communicating insights clearly. The guests explain why relying solely on data and analysis often leads to poor decisions, and share principles and techniques for developing "quantitative intuition."
[00:00 - 10:49] - Introducing the Guests and Motivation Behind Their Book
- Backgrounds of the three guests/authors
- Myths around needing advanced math or perfect data
- Ineffective meetings and group decision making
[10:50 - 22:42] - Key Decision Making Concepts
- Balancing intuition and data analysis
- Putting data in context and asking "What surprised you?"
- Powerful questions vs. technical analysis
[22:43 - 32:27] - Applying the Concepts
- Case studies using simple but effective techniques
- Contrast with traditional linear processes
- Immediate impact from students applying the techniques
[32:28 - 39:04] - Key Takeaways and Conclusion
- Ask questions, focus on the problem definition
- Data interrogation requires intuition and doubt
- Imperfect decisions are okay - adjust with new data
- Recapturing childlike curiosity in decisions
Key Quote:
"The bad news is you don't get to decide whether you make decisions with data. It's reality. The good news is you don't need to be top of class in math in order to make these decisions." - Oded Netzer
Connect with Christopher, Oded, and Paul!
Website: https://www.dodthebook.com/
Download our FREE Strategizing for Inflation Guide here: https://www.excelsiorgp.com/download/
Connect with me:
https://www.linkedin.com/in/brian-c-adams/ (LinkedIn)
LIKE, SUBSCRIBE, AND LEAVE US A REVIEW on Apple Podcasts, Spotify, Google Podcasts, or whatever platform you listen on. Thank you for tuning in and Stay Tuned for the Next Episode COMING SOON!
Hosted on Acast. See acast.com/privacy for more information.