How To Be Objective About Budgets
Addressing anchoring bias can lead to more accurate budget forecasts, better budget conversations, and more dynamic resource reallocation.
Content: Multimedia Content | Authors: Dan P. Lovallo, Sean Brown, Tim Koller | Source: McKinsey Quarterly | Subjects: Finance, Management, Organizational Behavior
Mind Over Money
In the aftermath of the worst financial crisis since the Great Depression, NOVA presents “Mind Over Money”—an entertaining and penetrating exploration of why mainstream economists failed to predict the crash of 2008 and why we so often make irrational financial decisions. The program reveals how our emotions interfere with our decision-making and explores controversial new arguments about the world of finance. In the face of … [ Read more ]
Content: Multimedia Content | Source: PBS | Subjects: Economics, Finance
The Invention of Money on This American Life
Five reporters stumbled on what seems like a basic question: What is money? The unsettling answer they found: Money is fiction. [Hat tip to FinanceProfessor.com]
Content: Multimedia Content | Source: NPR | Subjects: Economics, Finance
Creating value: An Interactive Tutorial
In this video presentation, McKinsey partner Tim Koller explores the four guiding principles of corporate finance that all executives can use to home in on value creation when they make strategic decisions.
Content: Multimedia Content | Author: Tim Koller | Source: McKinsey Quarterly | Subjects: Finance, Management
Revenge of the Laffer Curve
“…the Laffer Curve simply reveals that higher tax rates will lead to less taxable income (or that lower tax rates will lead to more taxable income) and that it is an empirical matter to figure out the degree to which the change in tax revenue resulting from the shift in the tax rate is offset by the change in tax revenue caused by the shift … [ Read more ]
Content: Multimedia Content | Author: Dan Mitchell | Subjects: Economics, Finance
Closing the Gap Between Strategy and Execution
In the first of a three part podcast series Donald Sull, Associate Professor of Management Practice in Strategic and International Management at London Business School, discusses closing the gap between strategy and execution, focusing on strategy and its discontents.
Content: Multimedia Content | Author: Donald Sull | Source: London Business School | Subject: Taxation
Money As Debt
A somewhat controversial, but nonetheless interesting attempt to explain exactly what money is, how it is created, etc.
Content: Multimedia Content | Author: Paul Grignon | Subjects: Economics, Finance
Benoit Mandelbrot Critiques the “Efficient Markets” Hypothesis
In a fascinating in-depth interview with John Authers, 85-year old mathematician Benoit Mandelbrot discusses his now 40-year old groundbreaking critique of the “efficient markets” hypothesis and why new theories on price movement discontinuities are needed after the credit crunch. [Hat Tip to FinanceProfessor.com]
Editor’s Note: there are two parts to this video so after watching the first wait for the second to automatically load and begin … [ Read more ]
Content: Multimedia Content | Author: Benoit B. Mandelbrot | Source: Financial Times | Subjects: Economics, Finance
Greg Davies on Behavioural Finance
The head of Behavioural Finance at Barclays Wealth says hot-brained humans often buy and sell right when they shouldn’t.
Content: Multimedia Content | Author: Greg Davies | Source: The Economist | Subjects: Economics, Finance
1929 Wall Street Stock Market Crash
The most devastating stock market crash in the history of the United States;
Its from a PBS documentary. This particular part is from episode 5 of the series titled Cosmopolis. [Hat tip to FinanceProfessor.com]
Content: Multimedia Content | Source: PBS | Subjects: Economics, Finance, History
Money Factory
Money: everyone wants it, dreams of it and schemes for it. Find out how U.S. currency is made, faked and protected, and meet the mastermind behind one of the biggest counterfeit operations in U.S. history. [Hat tip to FinanceProfessor.com]
Content: Multimedia Content | Source: National Geographic Channel | Subjects: Economics, Finance
Uncorking CDOs (Collateralized Debt Obligations)
Marketplace Senior Editor Paddy Hirsch gives a bubbly explanation of the intricacies of collateralized debt obligations – those financial instruments that got us into this financial mess. [Hat tip to FinanceProfessor.com]
Also included is an excellent video presentation by Jonathan Jarvis which explains the credit crisis.
Content: Multimedia Content | Author: Paddy Hirsch | Source: Marketplace | Subject: Finance
A Firsthand Look at Search Funds
Search funds allow an aspiring entrepreneur to raise money to fund them while they look for a company to buy. Four experienced entrepreneurs offer firsthand view of search funds. [Video 1hr:14]
Content: Multimedia Content | Source: Stanford University | Subjects: Entrepreneurship, Finance