#28 Michael Mauboussin: A Decision Making Jedi

#28 Michael Mauboussin: A Decision Making Jedi

Michael Mauboussin returns for a fascinating encore interview on the Knowledge Project. We geek out on decision making, luck vs. skill, work life balance, and so much more. *** Michael Mauboussin is back as a returning guest on the Knowledge Project! He was actually the very first guest on the podcast when it was still very much an experiment. I enjoyed it so much, I decided to continue with the show. (If you missed his last interview, you can listen to it here, or if you’re a member of The Learning Community, you can download a transcript.) Michael is one of my very favorite people to talk to, and I couldn’t wait to pick up right where we left off. In this interview, Michael and I dive deep into some of the topics we care most about here at Farnam Street, including: The concept of “base rates” and how they can help us make far better decisions and avoid the pain and consequences of making poor choices. How to know where you land on the luck/skill continuum and why it matters Michael’s advice on creating a systematic decision-making process in your organization to improve outcomes. The two most important elements of any decision-making process How to train your intuition to be one of your most powerful assets instead of a dangerous liability The three tests Michael uses in his company to determine the health and financial stability of his environment Why “algorithm aversion” is creating such headaches in many organizations and how to help your teams overcome it, so you can make more rapid progress The most impactful books that he’s read since we last spoke, is reading habits, and the strategies he uses to get the most of every book The importance of sleep in Michael's’ life to make sure his body and mind are running at peak efficiency His greatest failures and what he learned from them How Michael and his wife raised their kids and the unique parenting style they adopted How Michael defines happiness and the decisions he makes to maximize the joy in his life Any one of those insights alone is worth a listen, so I think you’re really going to enjoy this interview. Go Premium: Members get early access, ad-free episodes, hand-edited transcripts, searchable transcripts, member-only episodes, and more. Sign up at: https://fs.blog/membership/ Every Sunday our newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/ Follow Shane on Twitter at: https://twitter.com/ShaneAParrish Learn more about your ad choices. Visit megaphone.fm/adchoices

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#53 Howard Marks: Luck, Risk and Avoiding Losers

#53 Howard Marks: Luck, Risk and Avoiding Losers

Billionaire investor, author and co-founder of Oaktree Capital Howard Marks discusses risk assessment, how to think different than the crowd, and the three mighty dares that separate the successful from the also-rans.   Go Premium: Members get early access, ad-free episodes, hand-edited transcripts, searchable transcripts, member-only episodes, and more. Sign up at: https://fs.blog/membership/   Every Sunday our newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/   Follow Shane on Twitter at: https://twitter.com/ShaneAParrish   Learn more about your ad choices. Visit megaphone.fm/adchoices

5 Mars 20191h 33min

#52 Dr. Laura Markham:  Peaceful Parenting with

#52 Dr. Laura Markham: Peaceful Parenting with

Parenting expert and multiple best-selling author Dr. Laura Markham breaks down the three keys to successful discipline, how to properly model emotions and conflict resolution, and the coveted recipe for raising happy, resilient kids.   Go Premium: Members get early access, ad-free episodes, hand-edited transcripts, searchable transcripts, member-only episodes, and more. Sign up at: https://fs.blog/membership/   Every Sunday our newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/   Follow Shane on Twitter at: https://twitter.com/ShaneAParrish   Learn more about your ad choices. Visit megaphone.fm/adchoices

19 Feb 20191h 30min

#51 Celeste Headlee: The Dying Art of Conversation

#51 Celeste Headlee: The Dying Art of Conversation

Speaker, author and radio journalist Celeste Headlee has had decades of experience fine tuning the recipe for engaging and rewarding conversation. She shares some tips to help us instantly improve our conversational skills and meaningfully connect with others.   Go Premium: Members get early access, ad-free episodes, hand-edited transcripts, searchable transcripts, member-only episodes, and more. Sign up at: https://fs.blog/membership/   Every Sunday our newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/   Follow Shane on Twitter at: https://twitter.com/ShaneAParrish   Learn more about your ad choices. Visit megaphone.fm/adchoices

5 Feb 20191h 13min

#50 Josh Wolfe: Inventing the Future

#50 Josh Wolfe: Inventing the Future

Josh Wolfe, co-founder of Lux Capital discusses how to unearth the unexplored ideas that will reshape our future. We also talk about parenting, decision-making, and which generation has the best rap.   Go Premium: Members get early access, ad-free episodes, hand-edited transcripts, searchable transcripts, member-only episodes, and more. Sign up at: https://fs.blog/membership/   Every Sunday our newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/   Follow Shane on Twitter at: https://twitter.com/ShaneAParrish   Learn more about your ad choices. Visit megaphone.fm/adchoices

22 Jan 20191h 38min

#49 Brent Gilchrist: Goal Mining

#49 Brent Gilchrist: Goal Mining

Former NHL player turned mining executive Brent Gilchrist joins me to share the lessons he learned in the trenches of professional hockey. We discuss leadership, hard work, and what it takes to win as a team.   Go Premium: Members get early access, ad-free episodes, hand-edited transcripts, searchable transcripts, member-only episodes, and more. Sign up at: https://fs.blog/membership/   Every Sunday our newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/   Follow Shane on Twitter at: https://twitter.com/ShaneAParrish   Learn more about your ad choices. Visit megaphone.fm/adchoices

8 Jan 201954min

#48 Adam Robinson: Winning at the Great Game (Part 2)

#48 Adam Robinson: Winning at the Great Game (Part 2)

Author, educator, and hedge fund advisor, Adam Robinson returns for part 2 of our fascinating discussion. We talk chess, AI, handicapping horse races, and the secret to learning that nobody is teaching.   Go Premium: Members get early access, ad-free episodes, hand-edited transcripts, searchable transcripts, member-only episodes, and more. Sign up at: https://fs.blog/membership/   Every Sunday our newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/   Follow Shane on Twitter at: https://twitter.com/ShaneAParrish   Learn more about your ad choices. Visit megaphone.fm/adchoices

26 Dec 20181h 11min

#47 Adam Robinson: Winning at the Great Game (Part 1)

#47 Adam Robinson: Winning at the Great Game (Part 1)

Author, educator, and hedge fund advisor, Adam Robinson shares powerful lessons on winning the game of life. He teaches us how to learn, how to fail, and his three secrets of happiness and success.   Go Premium: Members get early access, ad-free episodes, hand-edited transcripts, searchable transcripts, member-only episodes, and more. Sign up at: https://fs.blog/membership/   Every Sunday our newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/   Follow Shane on Twitter at: https://twitter.com/ShaneAParrish   Learn more about your ad choices. Visit megaphone.fm/adchoices

11 Dec 20182h 2min

#46 Sophie Grégoire Trudeau: Authenticity, Kindness, and Self Love

#46 Sophie Grégoire Trudeau: Authenticity, Kindness, and Self Love

Television personality, activist, mother, and wife to Canada’s Prime Minister, Sophie Grégoire Trudeau discusses her battle with eating disorders, why nature and art play such a huge role in her life and what unites us as people.     Go Premium: Members get early access, ad-free episodes, hand-edited transcripts, searchable transcripts, member-only episodes, and more. Sign up at: https://fs.blog/membership/   Every Sunday our newsletter shares timeless insights and ideas that you can use at work and home. Add it to your inbox: https://fs.blog/newsletter/   Follow Shane on Twitter at: https://twitter.com/ShaneAParrish   Learn more about your ad choices. Visit megaphone.fm/adchoices

27 Nov 20181h 6min

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