The Strategy Skills Podcast: Management Consulting | Strategy, Operations & Implementation | Critical Thinking

What if the greatest threat to smart decision-making isn’t bad data, but how we interpret it?   In a world overflowing with information, even the most seasoned leaders and investors fall for myths dressed up as facts. Not because they’re uninformed, but because they’re human. In this episode, I sat down with Alex Edmans, Professor of Finance at London Business School and author of May Contain Lies, a powerful new book about how stories, statistics, and studies exploit our biases — and what we can do about it. Alex draws on decades of research, Wall Street experience, and real-world case studies to unpack why intelligent people fall for misinformation and how we can sharpen our judgment in high-stakes environments.   We talk about: - The two cognitive biases that drive most bad decisions (and how to spot them) - Why people crave certainty, and how that blinds them to nuance - The dangers of “black-and-white thinking” in data and decision-making - How to build cultures that welcome dissent and intelligent push