IL23: Learning to Fail Well ft. Amy Edmondson

IL23: Learning to Fail Well ft. Amy Edmondson

In this episode we talk to Amy Edmondson, Harvard Business School professor and author of the Financial Times 2023 Business Book of the Year: The Right Kind of Wrong, The Science of Failing Well. Edmondson argues we should cultivate an appetite for “intelligent failure” - events that may be painful but ultimately lead to innovation, personal growth and better relationships. This is difficult because we are hardwired to push failure “underground”, a bias that is often made worse by work cultures that punish failure in the name of accountability. Edmondson explains how we can overcome these obstacles using stories from her own life and findings from her career as a scientific researcher.

-----

50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE

-----


Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.

IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.

And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfoliohere.

Learn more about the Trend Barometer here.

Send your questions to info@toptradersunplugged.com

And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.

Follow Kevin on SubStack & read his Book.

Follow Amy on LinkedIn and Read her Book.

Episode TimeStamps:

02:22 - Introduction to Amy Edmondson

10:27 - The importance of psychological safety

15:04 - The different types of failure

18:25 - Why do we fear to fail?

22:54 - The idea of reframing

25:04 - Practicing reframing

27:06 - Has the way students work changed?

30:25 - The dark side of the performance mindset

32:40 - Integrating feedback the right way

36:16 - The Stop. Challenge. Choose Method

41:02 - The key aspect of failing well

44:48 - How can we cultivate intelligent failure?

50:35 - Conceptualizing excellence in a new way

53:33 - Encouraging openness while maintaining intellectual property

56:33 - A philosophical perspective

01:00:36 - Key takeaways from Niels

Copyright © 2025 – CMC AG – All Rights Reserved

----

PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:

1. eBooks that cover key topics that you need to know about

In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here

2. Daily Trend Barometer and Market Score

One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here

3. Other Resources that can help you

And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here

Privacy Policy

Disclaimer

Episoder(912)

TTU88: The Importance of Explaining the Why ft. Andrew Baxter of Cambridge Capital Management – 2of2

TTU88: The Importance of Explaining the Why ft. Andrew Baxter of Cambridge Capital Management – 2of2

In this episode, we dive into the models and processes that Cambridge Capital and Andrew Baxter use to manage risk, research new ideas, and grow their business. We also talk about the importance for m...

22 Nov 20151h 12min

TTU87: An Engineer Using Machine Learning to Trade ft. Andrew Baxter of Cambridge Capital Managment – 1of2

TTU87: An Engineer Using Machine Learning to Trade ft. Andrew Baxter of Cambridge Capital Managment – 1of2

Andrew Baxter worked at British Aerospace as an engineer before joining the investment management world. He still considers himself an engineer.Listen in to learn how he uses machine learning, why he ...

15 Nov 20151h 16min

TTU86: Predictions on Crude Oil, Copper, War, Plus More on Cycles ft. David Gurwitz of Charles Nenner Research – 2of2

TTU86: Predictions on Crude Oil, Copper, War, Plus More on Cycles ft. David Gurwitz of Charles Nenner Research – 2of2

In this second part of our conversation, we dive into the specifics of how Charles Nenner and his team make their predictions, and what they predict in certain markets like Crude Oil, Copper, and Natu...

15 Jul 20151h 5min

TTU85: The Cycles of Financial Markets ft. David Gurwitz of Charles Nenner Research – 1of2

TTU85: The Cycles of Financial Markets ft. David Gurwitz of Charles Nenner Research – 1of2

This episode has a unique and interesting guest, the kind we rarely have on this show. David Gurwitz does not trade in the financial markets, but provides predictions and research to many firms, inclu...

7 Jul 20151h 10min

TTU84: Being Authentic & Transparent with Your Investors ft. Natasha Reeve-Gray of Altis Partners – 2of2

TTU84: Being Authentic & Transparent with Your Investors ft. Natasha Reeve-Gray of Altis Partners – 2of2

In this second part of our conversation, Natasha dives into the details of the trading model and portfolio of Altis Partners, her firm. We discuss how they approach risk management, and how they’ve de...

5 Jul 20151h 3min

TTU83: Starting a Quant Firm from Scratch ft. Natasha Reeve-Gray of Altis Partners – 1of2

TTU83: Starting a Quant Firm from Scratch ft. Natasha Reeve-Gray of Altis Partners – 1of2

Our next guest left a well known trading firm in London to start a quantitative trading firm with 3 other partners. There’s a lot to be learned from her insights on starting a business, building a cul...

29 Jun 20151h 7min

TTU82: Simplicity vs. Complexity in Trading Models ft. Oliver Steinki of Evolutiqz – 2of2

TTU82: Simplicity vs. Complexity in Trading Models ft. Oliver Steinki of Evolutiqz – 2of2

In the second part of our conversation with the cofounder of Evolutiq, we dive into the firm’s trading strategy, how they manage risk, and what kinds of investors they seek. He also discusses tips for...

8 Jun 201559min

TTU81: How A Serial Entrepreneur Built an Algorithmic Trading Firm ft. Oliver Steinki of Evolutiq – 1of2

TTU81: How A Serial Entrepreneur Built an Algorithmic Trading Firm ft. Oliver Steinki of Evolutiq – 1of2

Our next guest has started and invested in many companies, and is from an entrepreneurial background. First and foremost, he is concerned with running a business, but he also knew he wanted to be a po...

2 Jun 20151h 2min

Populært innen Business og økonomi

stopp-verden
lydartikler-fra-aftenposten
dine-penger-pengeradet
e24-podden
rss-borsmorgen-okonominyhetene
rss-penger-polser-og-politikk
finansredaksjonen
livet-pa-veien-med-jan-erik-larssen
pengepodden-2
utbytte
rss-sunn-okonomi
tid-er-penger-en-podcast-med-peter-warren
morgenkaffen-med-finansavisen
pengesnakk
lederpodden
stormkast-med-valebrokk-stordalen
liberal-halvtime
lederskap-nhhs-podkast-om-ledelse
rss-politisk-preik
rss-markedspuls-2