Ep. 759: Tomas Chamorro-Premuzic Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

Michael Covel

Investing, Business

4.6 • 730 Ratings

🗓️ 3 May 2019

⏱️ 54 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

My guest today is Tomas Chamorro-Premuzic, the Chief Talent Scientist at Manpower Group, co-founder of Deeper Signals and Metaprofiling, and Professor of Business Psychology at University College London and Columbia University.

The topic is his book Why Do So Many Incompetent Men Become Leaders? (And How to Fix It).

In this episode of Trend Following Radio we discuss:

The main reason for the uneven management sex ratio is our inability to discern between confidence and competence. That is, because we (people in general) commonly misinterpret displays of confidence as a sign of competence, we are fooled into believing that men are better leaders than women.

Jump in!

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I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast

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Hope you enjoy my never-ending podcast conversation!

Transcript

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0:00.0	This is trend following radio where great thinking comes alive.
0:10.9	Nobel Prize winners, legendary traders, bestselling authors, and the pros that know what drive us irrational human beings.
0:21.2	I am your host, Michael Coval, not filtered, raw, honest.
0:27.4	That's my passion.
0:33.5	Let's jump right into the title.
0:36.1	My guest has a very provocative title.
0:39.6	It might even turn some of you off immediately.
0:44.0	It is, why do so many incompetent men become leaders and how to fix it?
0:53.5	My guest today, Tomas Chamorro,, Primusik, he has a few answers.
0:59.9	And guess what?
1:01.7	From the beginning, this is not just an opinion narrative.
1:08.1	This is looking at the data.
1:10.4	What does the data tell us about leadership, corporate
1:15.0	leadership, for example? What do the numbers tell us? The analytics. I mean, everyone can
1:22.2	have an opinion, but I'm a data guy, and I like other data guys.
1:36.8	Tomas is bringing that data to a somewhat controversial subject, especially if you happen to be a male leader.
1:42.8	I mean, think of it this way. Look around your office. Look around any office. Turn on the TV.
1:46.9	Incompetent leadership, it's everywhere.
1:55.2	And if incompetent leadership is everywhere and men take up the vast majority of those slots,
1:56.8	guess what?
1:59.9	There's a lot of incompetent male leaders. So what's going on here?
2:03.9	Charisma over confidence.
	...

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