
Blind Spots & Bad Decisions: Why We Fall for Financial Traps - Raghavendra Rau
About this episode
Why do smart people make dumb financial choices? This lecture explores the surprising link between our psychology and money mistakes. We will see how fear, overconfidence, and even our desire to be liked can cloud our judgment, especially when dealing with financial "experts". Learn how these psychological blind spots worsen conflicts of interest, and how to make smarter financial decisions, free from emotional influence.
This lecture was recorded by Raghavendra Rau on 2nd June 2025 at Barnard's Inn Hall, London
Raghu is the Mercers School Memorial Professor of Business
He is also the Sir Evelyn de Rothschild Professor of Finance at Cambridge Judge Business School.
The transcript of the lecture is available from the Gresham College website: https://www.gresham.ac.uk/watch-now/blind-spots-bad-decisions-why-we-fall-financial-traps
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