Gresham College provides outstanding educational talks and videos for the public free of charge. There are over 2,500 videos available on our website. Your support will help us to encourage people's love of learning for many years to come.
CEOs make mistakes due to their own psychological biases – but they also profit from the biases of others. Some exploit investors by catering to sentiment – adding “.com” to their name during the Internet bubble or entering “hot” industries to inflate their valuations.
Gresham’s Professor of Law Jo Delahunty will explore what the future holds for the next generation of barristers: will they better reflect the society they serve in terms of background, ethnicity and gender? Is privilege and income as much of a division at The Bar as it is in society?
Darwin’s Descent of Man was dominated by the theory of sexual selection, which Darwin used to explain peacock’s tails, but also to argue that white people were as superior to black ones as men were to women.
We often think that leaders are particularly strong in decision making – that’s why they’ve made it to the top. But evidence shows that even senior executives are prone to psychological biases, such as overconfidence, groupthink, and applying one-size-fits-all rules.
Despite the controversy, evolution was widely accepted by many naturalists within a few years of the Origin’s appearance. An important reason for this rapid triumph was Darwin’s botanical works. Seen through evolutionary eyes, plants proved to be mobile, carnivorous, sensitive – even crafty.
The Rt. Hon The Lord Mayor William Russell, President of Gresham College, will be convening a panel on a subject of topical interest. Please check the website for details of the event closer to the time.
Sound investment decisions are critical for our long-term financial future. But psychological biases can lead investors to make costly mistakes – overconfidence can cause them to trade too much, and the reluctance to take a loss can encourage them to throw good money after bad.
When Darwin finally published the On the Origin of Species, he tried to avoid controversy by ignoring human origins. Yet evolution was soon being attacked as the godless ‘monkey theory’.
Psychological studies show that humans overweight tangible factors and underweight intangible ones when making decisions. This talk shows how these biases affect the stock market – it focuses excessively on short-term profit, but ignores environmental, social and governance (ESG) factors.