The Decision Education Podcast

• Episode 041: The Science of a Good Explanation with Tania Lombrozo

  Why do we crave explanations—and what happens when they lead us astray? In this episode, our host, Annie Duke, sits down with cognitive scientist Tania Lombrozo to explore the psychology of “why.” From puzzling over everyday baking mishaps to big-picture questions about conspiracy theories, Tania unpacks how our drive to explain shapes what we believe, how we learn, and the choices we make. Together, Annie and Tania dive into strategies for better reasoning—like probabilistic thinking, generating alternative explanations, and shifting from “could it be true?” to “must it be true?”Key takeaways include why teaching is one of the most powerful learning tools, how to avoid the trap of “satisfying over correct” explanations, and what conspiracy thinking reveals about our deep discomfort with randomness.—--------------------------------------------------------This is The Decision Education Podcast, where we explore the science of decision-making with a diverse range of experts and offer practical strategies to transform our understanding of the role decisions play in our lives.

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• Episode 040: Mastering the Game Plan with Paraag Marathe

  How do leaders in sports balance analytics with the human element? In this episode, our host, Annie Duke, welcomes Paraag Marathe, Chairman of Leeds United Football Club and President of 49ers Enterprises & Executive Vice President of Football Operations for the San Francisco 49ers. Together, they discuss how analytics-based decision-making helps to build successful sports teams. Paraag shares how Leeds United, a club with a rich history that has faced recent challenges, was transformed through decision science and strong leadership that prioritize long-term sustainability over short-term gains. He also stresses the importance of creating a safe environment that shields staff from external pressures, allowing them to focus on data-driven decisions that lead to lasting success.Key takeaways from this episode include why the emotional framing of decisions matters more than the decisions themselves, the challenges of aligning different time horizons and goals within an organization, and why being an analytics trailblazer requires support from top leadership.—--------------------------------------------------------This is The Decision Education Podcast, where we explore the science of decision-making with a diverse range of experts and offer practical strategies to transform our understanding of the role decisions play in our lives.

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• Episode 039: Bulls, Bears, and Biases with Howard Marks

  How does the stock market express uncertainty? In this insightful conversation, co-founder of Oaktree Capital, renowned investor, and Alliance Board member Howard Marks joins our host, Annie Duke, to discuss the psychology behind market volatility and investor behavior. Howard explains how fluctuations in stock prices often reflect investor sentiment rather than changes in a company's intrinsic value, and discusses the biases that arise in both stable and volatile markets. Howard also examines the pitfalls of striving for above-average returns without the requisite skills and knowledge, stressing realism and patience as vital components of successful investing.Key takeaways include how optimism is inherent in investing, why investors mistake price changes for information, and the value of understanding base rates for making informed decisions. —--------------------------------------------------------This is The Decision Education Podcast, where we explore the science of decision-making with a diverse range of experts and offer practical strategies to transform our understanding of the role decisions play in our lives.

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• Episode 038: A Contrarian’s Guide to Venture Capital with Josh Wolfe

  How do you spot opportunities hidden in plain sight? In this episode, our host, Annie Duke, sits down with Lux Capital co-founder Josh Wolfe to explore his unconventional approach to venture investing and decision-making under uncertainty. From his early days in Coney Island to building a multibillion-dollar fund, Josh shares how he spots hidden opportunities by asking a simple but powerful question: “What sucks?” He explains how this mindset drives Lux’s strategy of investing where others aren’t looking, taking bold bets on frontier technologies, and uncovering breakthroughs before they hit the mainstream. Together, Annie and Josh unpack the psychology behind big bets—balancing optimism with skepticism, managing uncertainty, avoiding biases, and learning when to trust your gut versus the data.Key takeaways include how to distinguish between “nice-to-have” vs. “must-solve” problems, how to leverage inside vs. outside views for better decision-making, and why understanding human nature is as critical as understanding technology when investing in the future.

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• Episode 037: Choosing With Intent with Dr. Sunita Sah

  What does it really mean to choose with intent—and why do we often go with the default option? Our host, Annie Duke, is joined by award-winning Cornell University professor and expert in organizational psychology Dr. Sunita Sah to explore the hidden forces behind compliance, consent, and ethical decision-making. Drawing on her multidisciplinary background in medicine, psychology, and consulting, Sunita unpacks why we say “yes” when we really want to say “no,” and how seemingly simple disclosures can backfire in high-stakes situations. Whether it’s navigating career pivots or teaching kids to stand their ground, Sunita makes a compelling case for redefining defiance not as disobedience, but as integrity in action.Key takeaways include the difference between compliance and true consent, how to recognize and overcome “insinuation anxiety,” and how to use tools like the Defiance Compass to act in line with your values—especially when it’s uncomfortable.—--------------------------------------------------------This is The Decision Education Podcast, where we explore the science of decision-making with a diverse range of experts and offer practical strategies to transform our understanding of the role decisions play in our lives.

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