Michael Falk - Emotional Intelligence as Investment Alpha

Standard Deviations with Dr. Daniel Crosby

Tune in to hear:

- What might the personality of an ideal hire for a leadership position in asset management look like?

- How can one measure things like emotional intelligence and curiosity that can seem kind of ethereal or hard to get your arms around?

- Has Michael come across any counterintuitive, or surprising, discoveries in his research as he’s tried to fill talent gaps in the financial services industry?

- How does a company best walk the line between having adequate conflict, to fully vet and consider all perspectives, but not such excessive conflict that it spills over into ugliness?

- What does the concept of “psychological safety” mean and how can one achieve this perspective throughout their organization?

- How do we get beyond just paying lip service to wanting productive conflict in an organization and actually get to a point where we can have these conversations?

- What are some common behavioral traps within decision making processes used by asset managers, and how does Michael council people to begin to overcome these?

- Is there really something magical about the human touch that is additive to the investment decision making process or can we simply automate these things away?

- How might we build out a more modular model that takes the best of quant, analysis and data and the best of human decision making and merges these aspects together?

- What has come into focus for Michael since his ALS diagnosis?

Books:
https://www.amazon.com/Learn-Sustain-Long-Term-Economic-Growth/dp/1944960058

https://www.amazon.com/Get-Work-Future-Michael-Falk/dp/1704375827

ALS Charities:
https://iamals.org

https://lesturnerals.org

Recent Writing:
https://investmentsandwealth.org/getattachment/2166018f-6fbd-4389-ad61-8352e53d7537/IWM20NovDec-EverythingYouNeedToKnowAboutInvesting.pdf
https://www.cfainstitute.org/research/foundation/2021/capitalism-for-everyone

Compliance Code: 1740-BCI-5/27/2021