Summary: My guest for this episode is Cade Massey, a professor at The Wharton School at the University of Pennsylvania and a consultant to NFL teams. We discuss the latest in decision making in sport, people management and investing. In particular we discuss; - Two of his papers on ‘algorithm aversion’. How people can incorrectly trust humans more than a rules based algorithm. - His research with Richard Thaler(Nobel Prize 2017) around the value of draft picks in the NFL. ‘The Losers curse’ and why it pays to trade down and not up for higher picks? - What we can learn from the Patriots sustained success in the US - The dangers of the overconfidence effect - Why it’s actually easier to pick a great footballer than a great CEO This episode is bought to you by Six Park, Australia's leading online investment manager www.sixpark.com.au Twitter: @tedrichards25 Facebook: @richardsreport
