The Psychology Behind Why Smart People Make Terrible Decisions | Alex Edmans – EP 823

22 September - 1 hour 2 mins
Podcast Series Passion Struck with John R. Miles

You're smart. You're informed. So why do you still make terrible decisions?

We like to believe that intelligence and information protect us from bad decisions. They don't.

Professor Alex Edmans, Professor of Finance at London Business School and Fellow of the British Academy, returns to Passion Struck to reveal the psychological forces that can distort our judgment—from confirmation bias and anchoring to herd behavior, emotional decision-making, and our tendency to follow whatever information is most visible.

His new book, The Madness of Markets, uses financial markets to expose a much bigger truth about human behavior: the same biases that influence investors can shape the decisions we m...

1 hour 2 mins

Series Episodes

What If the Proof You're Waiting For Never Comes? | John R. Miles -  EP 822 Playing

What If the Proof You're Waiting For Never Comes? | John R. Miles - EP 822

In this solo episode, John R. Miles explores how our need for external validation can shape our sense of worth, identity, and ability to move forward—and what it takes to trust yourself when the proof you're waiting for may never come.

22 mins

18 September Finished

Why Nothing You Achieve Will Ever Make You Feel Worthy | Marisa G. Franco – EP 821 Playing

Why Nothing You Achieve Will Ever Make You Feel Worthy | Marisa G. Franco – EP 821

Psychologist Marisa Franco reveals why lasting self-worth doesn’t come from achievement, confidence, or validation from others, but from learning to trust yourself, process your past, and reconnect with the parts of yourself you’ve learned to ignore.

55 mins

17 September Finished

How to Believe in Yourself When Everyone Tells You “You Can’t” | Cole Brauer - EP 820 Playing

How to Believe in Yourself When Everyone Tells You “You Can’t” | Cole Brauer - EP 820

In episode 820 of Passion Struck, Cole Brauer shares how purpose, resilience, and self-trust helped her overcome doubt, adversity, and other people’s limitations to become the first American woman to race solo, nonstop, and unassisted around the world.

1 hour 8 mins

15 September Finished

The Agency Paradox: Why Real Adaptability Starts Inside the Box | John R. Miles - EP 819 Playing

The Agency Paradox: Why Real Adaptability Starts Inside the Box | John R. Miles - EP 819

In this episode of Passion Struck, John R. Miles brings together two seemingly different ideas from his recent conversations with Martin Seligman and David Epstein to uncover what he calls The Agency Paradox: the belief that more freedom, more options, and more individual willpower will automatically make us more capable can actually leave us overwhelmed, disconnected, and unable to act.

22 mins

11 September Finished

You Don't Need More Freedom. You Need Better Constraints | David Epstein - EP 818 Playing

You Don't Need More Freedom. You Need Better Constraints | David Epstein - EP 818

In this episode, John R. Miles sits down with #1 New York Times bestselling author David Epstein, author of "Range" and "The Sports Gene," to explore a counterintuitive idea from his new book, "Inside the Box:" constraints can actually make us more creative, focused, and effective.

1 hour

10 September Finished

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