Paul Craven on Magic, Money & The Mind

What do Magic, Money & The Mind have in common? They're all things that interest my guest on this episode, Paul Craven. As he explains, the tricks our minds play on us is what allows magic tricks to amaze us and drives many of our financial decisions. Paul is an expert in behavioural science, decision making, investment and psychology, applying the inner operations of the mind to the economic world. On this episode, you can hear Paul do a magic trick on the podcast - no mean feat, given you can't see him and hear about what he's learned from his extensive career in finance. He's got some fabulous stories and fascinating insights, which he tells in an engaging style.In our discussion, Paul talks about:Aristotle's ideas on Rhetoric: πŸ‘‰ https://boords.com/ethos-pathos-logosCharles Ellis 'Winning The Loser's Game' πŸ‘‰ https://g.co/kgs/FPoVmRIllusionist Derren Brown's story about dealing with a potential attacker by distracting him πŸ‘‰https://www.independent.co.uk/news/people/derren-brown-explains-how-reduce-mugger-tears-using-nothing-words-9859017.htmlLouise Leakey's TED Talks on Humanity's Origins πŸ‘‰ https://www.ted.com/talks/louise_leakey_a_dig_for_humanity_s_origins?language=enPareidolia, the idea that we see faces in everyday objects. For more on that, I recommend πŸ‘‰ https://www.bbc.co.uk/news/magazine-22686500 and πŸ‘‰ https://earthsky.org/human-world/seeing-things-that-arent-thereThe Makapansgat jaspilite cobble πŸ‘‰ https://www.researchgate.net/figure/The-Makapansgat-jaspilite-cobble-a-manuport-from-South-Africa-scale-in-cm_fig4_322234501You can find out more about Paul on his personal website πŸ‘‰ https://www.paulcraven.com/ & find him on social media πŸ‘‰ https://twitter.com/cravenpartners

Om Podcasten

People are often described as the largest asset in most organisations. They are also the biggest single cause of risk. This podcast explores the topic of 'human risk', or "the risk of people doing things they shouldn't or not doing things they should", and examines how behavioural science can help us mitigate it. It also looks at 'human reward', or "how to get the most out of people". When we manage human risk, we often stifle human reward. Equally, when we unleash human reward, we often inadvertently increase human risk.