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(909)

SI41: Bitcoin's recent rally and benefits of trading single stocks

SI41: Bitcoin's recent rally and benefits of trading single stocks

On today’s episode, we give our thoughts on the recent Bitcoin rally, the possible benefits of trading single stocks rather than indices, how spending less time looking at the markets can benefit your...

23 Jun 20191h 33min

SI40: Is past performance actually indicative of future returns? ft. Corey Hoffstein

SI40: Is past performance actually indicative of future returns? ft. Corey Hoffstein

This week, we’re joined by Corey Hoffstein from Newfound Research, who also hosts the Flirting With Models podcast. We discuss his journey into Systematic Investing, why the year you enter the market...

16 Jun 20191h 40min

BO22: You don’t need to be a Genius if you can Stick to a Plan

BO22: You don’t need to be a Genius if you can Stick to a Plan

In the previous Best of Top Traders Unplugged, we went back in time to re-visit some of the key lessons that many investors learned during the Financial Crisis of 2008. It was my way of reminding myse...

11 Jun 201921min

SI39: How to trade the VIX and do Trend Followers have an edge?

SI39: How to trade the VIX and do Trend Followers have an edge?

Can the VIX index be traded as part of a successful Trend Following strategy? Do CTAs have the edge over traditional Hedge Funds by being invested in the less popular markets? Should some parameters...

9 Jun 20191h 12min

BO21: Trading for a Living

BO21: Trading for a Living

The financial crisis back in 2008 is slowly fading from the memories of investors. But for those of us who lived and traded through it, many important lessons were learned, and usually the hard way. ...

6 Jun 201916min

SI38: Process over outcome and how sports relates to trading

SI38: Process over outcome and how sports relates to trading

This week, we discuss the importance of process over outcome, how sports can be related to Trading, and whether mistakes are to be avoided completely or something we should look forward to learning fr...

2 Jun 20191h 32min

BO20: How to start & grow a CTA business

BO20: How to start & grow a CTA business

I get a lot of questions about ideas to help build the best Trading Model, and I understand why many aspiring managers feel that this is critical to their future success. There is though, a lot of tr...

28 Mai 201919min

SI37: Is "Buy and Hold" the perfect investment strategy? and should you "Equal Weight"?

SI37: Is "Buy and Hold" the perfect investment strategy? and should you "Equal Weight"?

Is ‘Buy & Hold’ the S&P500 index the perfect investment strategy? Should you apply Equal-Weighting across all of your Trading positions? Are long-term strategies the only way to avoid market noise? ...

25 Mai 20191h 6min

Populært innen Business og økonomi

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