Скачать или смотреть Corporate Finance Explained | The Psychology of Financial Decision Making

You've spent days building a perfect financial model, yet something about the final decision just feels "off." The numbers don't lie, but our own brains can quietly lead us astray. In this episode of FinPod, we dive deep into the world of cognitive biases and reveal how these hidden mental shortcuts can derail even the most rigorous financial analysis.

We explore real-world corporate case studies and provide a practical toolkit of proven safeguards you can build into your own process to protect your decisions from these human flaws:

🔷 Discover how biases like overconfidence and loss aversion led to multi-billion dollar mistakes at Hewlett-Packard and Kodak.

🔷 Learn to use pre-mortem analysis to confront potential flaws and risks before a project even begins.

🔷 Understand how groupthink and confirmation bias contributed to the tragic Boeing 737 MAX crisis, and how red team reviews can build institutionalized skepticism.

🔷 Implement a decision journal to track your assumptions over time, helping you spot your own recurring biases.

🔷 Break free from anchoring bias with scenario diversification, a technique used to explore a wider range of outcomes beyond a single, comfortable forecast.

This is a must-listen for any finance professional looking to move beyond the spreadsheet and ensure their strategies are robust and resilient.

CHAPTERS
0:00 - The paradox of numbers vs. people in finance
2:10 - What are cognitive biases? The usual suspects
4:15 - How biases manifest in capital allocation & forecasting
5:05 - Case study: The HP Autonomy acquisition
6:00 - Case study: Kodak and loss aversion
7:00 - Case study: The Boeing 737 MAX crisis
7:50 - Case study: Microsoft's Nokia acquisition & Quibi
9:35 - Can biases ever be a good thing?
10:15 - Four practical techniques to fight back against bias
11:00 - What is pre-mortem analysis?
11:50 - The power of keeping a decision journal
12:20 - Red team reviews and institutionalized skepticism
13:00 - Scenario diversification to avoid anchoring
14:15 - Final thought: Building safeguards into your process

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