The Offical Podcast of the Lauder Institute at the University of Pennsylvania.
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The Barton Partnership's Spotlight On podcast brings together global executives, entrepreneurs and experts, sharing inspiring stories and shining a light on some of the most pressing issues facing businesses today.
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Join Stanford GSB finance professor Jonathan Berk and Jules van Binsbergen of The Wharton School in a conversation with prominent business leaders about common flaws in the decision making process and what to do about them. Learn more at AllElseEqualPodcast.com.All Else Equal: Making Better Decisions Podcast is a production of Stanford Graduate School of Business and is produced by University FM.
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Spotlight On with Bridget Walsh, Global Head of Private Equity at EY
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24:43In this episode of Spotlight On, we sit down with Bridget Walsh, EY's Global Head of Private Equity (PE), who takes us through PE's remarkable journey, drawing on her vast experience leading PE professionals across 45 countries. Bridget reveals insights about the current state of private equity, highlighting that 78% of firms are holding assets bey…
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Ep62 “The Cost of Social Compliance: Exploring Preference Falsification" with Timur Kuran
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33:37
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33:37Is the emperor wearing clothes? Hosts and finance professors Jonathan Berk and Jules van Binsbergen are joined by economist and political scientist Timur Kuran who wrote the book, Private Truths, Public Lies: The Social Consequences of Preference Falsification. This 30-year-old book explains the social phenomenon where people express preferences th…
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Ep61 “Pursuit for Academic Freedom” with Richard Saller
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30:58If universities believe they should be free from government interference and that students and faculty have the right to freely express whatever viewpoints they hold, then the universities should be held to the same standard, right? Hosts and finance professors Jonathan Berk and Jules van Binsbergen are joined by Richard Saller, an American classis…
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Spotlight On with Hugh MacArthur, Chairman of Bain & Company's Global Private Equity Practice.
55:21
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55:21In this episode of Spotlight On, Nicholas Barton, Founder of The Barton Partnership, is joined by Hugh MacArthur, Chairman of Bain & Company's Global Private Equity Practice. We dive into the evolution of private equity from its humble beginnings to a trillion-dollar powerhouse, with Hugh's 30-year career at Bain providing unparalleled insights. Hu…
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Ep60 “A Trade Deficit? More Like a Capital Surplus” with John Cochrane
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28:17
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28:17What exactly is a trade deficit? And why are so many policymakers fixated on it? Lately, the trade deficit in the U.S. is taking the bulk of the blame for the economic situation we’re in and it’s one of the reasons the Trump administration is pushing for sweeping tariffs. But tariffs are likely not the answer, and a trade deficit might be better re…
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Ep59 “Why Tariffs Are Not The Ultimate Trade Weapon” with Dani Rodrik
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32:16
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32:16With President Trump’s tariffs on Canada, Mexico, China, and other countries now in full swing, what consequences from an economic standpoint could the U.S. be facing? And what was the path that led us here? Hosts and finance professors Jonathan Berk and Jules van Binsbergen put the tariffs question to economist and author Dani Rodrik. Rodrik is t…
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Ep58 How Rich Are The Ivy League Universities, Really? University Endowments Explained
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24:36
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24:36The recent crackdown on federal spending has universities sweating despite the fact that many of them boast huge billion-dollar endowments. So what gives? Why would less money from the federal government be a cause for concern? Where does all that money go? And could there be more to this budget picture than meets the eye? In this episode, hosts an…
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Rerun: Ep36 “Institutional Neutrality: Open Debate and Moral Stands” with John Etchemendy
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25:04All Else Equal is taking a little spring break, so on this episode we’re revisiting a fascinating conversation on what happens when universities step off the sidelines and take a stance on contentious issues. Are they boarding a roller coaster that they can’t ever get off? Hosts and finance professors Jonathan Berk and Jules van Binsbergen chat wit…
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Spotlight On with Ari Labell, former President of North America for Hain Celestial
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20:30On this episode of Spotlight On, Elaine Bermudez sits down with Ari Labell, an independent consultant and strategic advisor to the consumer goods industry and former President of North America for Hain Celestial. Ari shares valuable insights from his illustrious career, revealing the essence of building authentic brands that resonate with consumers…
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Ep57 “Effective Communication: Trump vs. Reagan” with Peter Robinson
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36:40One key to effective negotiation is to keep your opponent guessing by randomizing your strategy. And right now, there might not be a more prolific example of this kind of strategy than President Donald Trump’s communication style. In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen are joined by Peter Robinson, a re…
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Spotlight On with Marco Van Kalleveen, Group CEO at DKV Mobility
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48:28In this episode of Spotlight On we are joined by Marco Van Kalleveen, CEO at DKV Mobility, who shares his transformative journey from consulting to leading DKV Mobility, offering insights into the dynamics between private equity investors and operational teams. Marco discusses the importance of purposeful leadership, M&A strategies, and the role of…
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Ep56 “When Should We Lie for the Greater Good?” with John Ioannidis
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34:10Is it acceptable for doctors to lie to their patients, or withhold some of the truth, if it’s in the patient’s best interest? In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen welcome back John Ioannidis, professor of medicine at Stanford University, to discuss the ethical implications of concealing the truth in t…
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Ep55 “The Future Of The MBA: From 3 Top Business Schools” with Madhav Rajan
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32:03As more and more universities move away from full-time MBA programs, what does the future of business education look like? How should it look? In this episode, hear perspectives from three of the top business schools in the U.S.: Stanford Graduate School of Business, The Wharton School at the University of Pennsylvania, and the Booth School of Busi…
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Ep54 “The Rise And Fall of Great Societies: Lessons from History” with Victor Davis Hanson
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29:55
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29:55History shows that as societies rise to greatness, the scales eventually tip back and those societies fall. But what leads to that fall and are we heading toward one? In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen speak with historian Victor Davis Hanson, a senior fellow at the Hoover Institution who specialize…
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Rerun: Ep48 “Why CEOs are Underpaid” with Dirk Jenter
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29:09As we ring in the new year, we’re bringing back one of our favorite episodes! Handpicked by Jules and Jonathan, this previous conversation is perfect for starting your year with thought-provoking insights. Are CEOs overpaid? It’s easy to see million-dollar (or even billion-dollar) salaries and jump to conclusions. But those figures might not captur…
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Ep53 “The Truth About Inflation and Price Caps: Learn From Argentina” with Veronica Rappoport
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26:10During the 2024 U.S. presidential election, inflation was one of the most talked about issues, and there was one policy idea to get inflation under control that kept coming up: price caps. But history has shown time and time again that price caps do anything but reduce inflation. So why do policymakers still want to try it? In this episode, hosts a…
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Ep52 “Should Legacy Admissions at Universities Be Illegal?” with Patrick Awuah
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26:49
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26:49Should legacy admissions at colleges and universities be banned? What are the benefits and tradeoffs of admitting students based on their legacy status? In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen speak with guest Patrick Awuah, president of Ashesi University, about the Ghanaian university’s unique economic …
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Ep51 Celebrating 50 Episodes: The Biggest All Else Equal Mistakes
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27:24
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27:24The All Else Equal: Making Better Decisions podcast has officially done 50 episodes! To commemorate the milestone, hosts and finance professors Jonathan Berk and Jules van Binsbergen look back on some of the major all else equal mistakes they’ve covered on the show. With highlights from past guests like Google CFO Ruth Porat and former SEC chair Ja…
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Spotlight On with Luke Jensen, Executive Chairman at Hana Group
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39:26In this episode of Spotlight On, Nicholas Barton sits down with Luke Jensen, Executive Chairman at Hana Group. Luke shares his extensive career journey, from banking to leading transformative roles in the global food industry and retail, including as CEO of Ocado Solutions and Group Director of Strategy at Sainsbury's. Here, Luke reflects on his ex…
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Ep50 “Is Proxy Advising a Catch-22?” with Chester Spatt
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24:16If the purpose of a proxy advisory firm is to gather information and advise shareholders on how to vote, then how do the firms handle the many different goals and incentives each shareholder brings to the table? Where do the proxy advisory firms’ interests truly lie? In this episode, hosts and finance professors Jonathan Berk and Jules van Binsberg…
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Spotlight On with Suvir Varma, Advisory Partner to Bain's Global Private Equity Business
20:25
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20:25In this episode, Nicholas Barton sits down with Suvir Varma, Advisory Partner to Bain's Global Private Equity Business, to explore the evolving landscape of Private Equity in the Asia-Pacific region. Here, Suvir shares insights on how AI is shaping private equity strategies, from deal sourcing to portfolio management. He highlights the increasing f…
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Ep49 “Making Regulation Work” with Jay Clayton
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27:24
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27:24Regulation is meant to fix problems in the market, but as more and more regulation is introduced, those issues have a tendency to evolve into new ones. So is all this regulation even accomplishing what it set out to do? And how do you even measure the success of regulation to begin with? In this episode, hosts and finance professors Jonathan Berk a…
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Spotlight On: Leading through complexity with Mike Essex, Senior Partner at Wipro
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29:49
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29:49In this episode of Spotlight On, Alex Dyke sits down with Mike Essex, Senior Partner at Wipro, to discuss how effective leadership can thrive in the face of complex, global digital transformation challenges and the fast-evolving dynamics of today’s workforce. Mike shares his experience leading digital transformation programs across global teams, em…
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Ep48 “Are CEOs Underpaid?” with Dirk Jenter
28:45
28:45
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28:45Are CEOs overpaid? It’s easy to see million-dollar (or even billion-dollar) salaries and jump to conclusions. But those figures might not capture the full picture. So, what really goes into deciding CEO compensation? In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen welcome back Dirk Jenter, Professor of Finance a…
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Ep47 “Is the US National Debt Sustainable?” with Mohamed El-Erian
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35:36What is the best way to measure National Debt Sustainability, and how does the US do on those metrics compared to other countries? In the first episode of the new season, hosts and finance professors Jonathan Berk and Jules van Binsbergen speak with guest Mohamed El-Erian about the intricacies of the national debt, different measures of sustainabil…
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Rerun: Ep12 Corporations as Job Security Providers
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20:36
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20:36This summer break, we'll be taking a pause from uploading new episodes. However, Jules and Jonathan have handpicked some favorite past episodes for new listeners to enjoy and subscribers to revisit! Corporations are often characterized as evil entities that exploit workers. But in fact they enable firms to provide job security and thus serve the im…
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Spotlight On with Josh White, Co-Founder & CEO of Cano Water
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26:58In this episode of Spotlight On, Josh White, Co-Founder & CEO of Cano Water discusses his mission to combat plastic pollution. Inspired by a trip to Thailand, Josh and his friends created a sustainable water brand using aluminium cans. The discussion explores the rewards of building a business with a strong environmental focus and how Cano Water ha…
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Rerun: Ep1 "Making a Business Decision" with Ruth Porat
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24:52This summer break, we'll be taking a pause from uploading new episodes. However, Jules and Jonathan have handpicked some favorite past episodes for new listeners to enjoy and subscribers to revisit! When the scientific method began to be applied widely hundreds of years ago, innovation bloomed. Today, those same principles inform business leaders w…
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Rerun: Ep17 "Can the Free Market Discourage Fraud?" with Marc Cohodes
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27:01
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27:01This summer break, we'll be taking a pause from uploading new episodes. However, Jules and Jonathan have handpicked some favorite past episodes for new listeners to enjoy and subscribers to revisit! There’s a negative connotation associated with short selling – the act of betting against a stock to perform well. But is this trading practice truly a…
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Rerun: Ep8 “Why Capitalism Works" with John Cochrane
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31:58This summer break, we'll be taking a pause from uploading new episodes. However, Jules and Jonathan have handpicked some favorite past episodes for new listeners to enjoy and subscribers to revisit! Competitive markets don’t produce the same level of prosperity for everyone. But economist John Cochrane thinks they give us something essential — ince…
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Spotlight On with Oliver Lang, Entrepreneur and Advisor
25:50
25:50
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25:50In this episode, Emily Farrow sits down with Oliver Lang, former Management Consultant turned serial entrepreneur with special expertise in Insurance and Insurtech. The discussion explores the transition from consulting to entrepreneurship, highlighting practical advice for leveraging consulting skills in a startup environment. Oliver shares insigh…
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Rerun: Ep7 Can Investors Effect Social Change?
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25:49This summer break, we'll be taking a pause from uploading new episodes. However, Jules and Jonathan have handpicked some favorite past episodes for new listeners to enjoy and subscribers to revisit! How can investors play a part in accomplishing social change? In this episode of All Else Equal: Making Better Decisions, hosts Jules van Binsbergen an…
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Rerun: Ep6 "Can (and Should) Corporations Be Taxed?" with Larry Summers
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27:37
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27:37This summer break, we'll be taking a pause from uploading new episodes. However, Jules and Jonathan have handpicked some favorite past episodes for new listeners to enjoy and subscribers to revisit! In this episode, hosts Jules van Binsbergen and Jonathan Berk discuss the complexities of the corporate income tax with former Treasury Secretary Larry…
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Rerun: Ep4 "Making Bad Investments Profitable" with Pete Briger
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27:50This summer break, we'll be taking a pause from uploading new episodes. However, Jules and Jonathan have handpicked some favorite past episodes for new listeners to enjoy and subscribers to revisit! When it comes to investments, value sometimes resides in unlikely places. Pete Briger, CEO of Fortress Investment Group, specializes in buying bad debt…
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What is the real problem with misinformation? Are our biases so ingrained in us that we are unable to think critically about the world and the systems around us? What happens when large institutions attempt to push a heterodox narrative? Do we simply need more education to overcome misinformation, or do we need something much deeper—to learn to thi…
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Ep45 “The Future of Higher Education Part 2” with Niall Ferguson
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30:19What are the unseen costs of administrative bureaucracy and an ideology that favors victimhood over scholarly debate? What caused the ideological shift from classical liberalism to the illiberal leanings that now permeate universities, and what does it mean for the future of intellectual innovation and freedom? In this episode, hosts and finance pr…
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Spotlight On with Oliver Mitchell, Partner at ff Venture Capital
22:31
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22:31In this episode of Spotlight On, Michael Fritz welcomes Oliver Mitchell, Partner at ff Venture Capital, as he explores the future of deep tech and robotics. With his experience as a Founder and investor, Oliver discusses the shift in robotics towards a more sales-driven approach, along with the challenges startups face in 'pilot purgatory.' He disc…
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Ep44 “The Future of Higher Education Part 1” with Carmen Twillie Ambar and Kimberly Wright Cassidy
30:31
30:31
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30:31Should universities be primarily research and teaching institutions or should they have broader social responsibilities to today’s youth? How are institutions navigating the delicate dance of institutional neutrality among very hot-button and controversial issues? In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen …
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Spotlight On with Sviat Dulianinov, Chief Strategy Officer at Bright Machines
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23:30In this episode of Spotlight On, Kaitlin Bedford sits down with Sviat Dulianinov, Bright Machines's Chief Strategy Officer. We dive into Sviat's career journey, from consulting with Bain to SPAR and now leading strategy at Bright Machines. The conversation unpacks how Bright Machines transitioned from consumer products to pioneering AI infrastructu…
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Is Suze Orman giving out bad investment advice? Should you ever not refinance rates drop? Is dilution of stock a bad thing for the early stockholders? Should you dollar cost average? In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen evaluate three pieces of widely given investing advice and drill down for why each…
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Spotlight On with Christine Rupp, General Manager IBM Consulting Germany, Switzerland and Austria
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12:54In this episode, Alex Dyke is joined by Christine Rupp, Managing Director of IBM for Germany, Austria, and Switzerland, to discuss the pivotal role of female leadership in the era of AI. Here, they explore the strategic imperative for this leadership, highlighting the significant gap between the demand for women's leadership to counter gender bias …
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Spotlight On with Graham Elton, Partner at Bain & Company
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25:59In this episode, Nicholas Barton, Founder & CEO of The Barton Partnership, is joined by Graham Elton, Partner in the London office of Bain & Company and Chairman of the EMEA Private Equity business. The discussion explores how cutting-edge AI technologies, including bespoke tools like Helix and Dialog AI, are revolutionising deal sourcing, due dili…
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What could be the reason to delay investing in an option that will make you money? How do your investment opportunities expand when you make that choice? In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen discuss the concept of real options in finance, focusing particularly on investment decision-making. They also …
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Spotlight On with Andrew Bud, Founder & CEO of iProov
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35:55In this episode, The Barton Partnership's Dylan Rodwell is joined by Andrew Bud, Founder & CEO of iProov. Here, Andrew discusses the evolving landscape of biometric security, tracing his journey from the early days of the microprocessor revolution to the founding of iProov. The conversation highlights the significant strides iProov has made in biom…
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Ep41 “Understanding the SEC's New Climate Disclosure Rules” with Lawrence Cunningham
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26:37Why should climate risk be singled out for mandatory disclosure by the SEC, and how does this change the investment landscape? Can climate disclosure legislation walk the fine line between transparency and information overload? In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen welcome Lawrence Cunningham, Research…
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Spotlight On with Dave McCann, Managing Partner, IBM Consulting Europe, Middle East and Africa & President, IBM Canada
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24:13In this episode of Spotlight On, Alex Dyke sits down with Dave McCann, Managing Partner, IBM Consulting Europe, Middle East and Africa & President, IBM Canada, to discuss the transformative effects of Generative AI across European enterprises. The discussion emphasises the importance of integrating talent management with generative AI initiatives t…
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Spotlight On Shared Parental Leave with Rosie Campbell and Nitesh Prakash
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12:50In this special International Women's Day episode of Spotlight On, The Barton Partnership’s Alex Dyke is joined by Rosie Campbell, Director of the Global Institute for Women's Leadership and Professor of Politics at King's College London, and Nitesh Prakash, a Partner at Bain & Company and Race Equality Board Member for Business in the Community. T…
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Navigating Workplace Power Dynamics with Deborah H. Gruenfeld feat. ‘If/Then’ Podcast
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28:35Today, we’re sharing a special episode from If/Then, the new podcast from our friends at Stanford Graduate School of Business. If/Then is made for curious people looking for answers to challenging questions, featuring experts and thought leaders engaged in cutting-edge research on topics like AI, immigration, sustainability, and power - all framed …
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Ep40 “Why the Private Debt Markets Have Exploded” with Laurence Gottlieb
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27:57There has been a rising trend in the importance of private debt as a way of financing companies. But what are the differences between private debt and public debt? Why is it increasing in popularity? What advantages does it offer over traditional banking models? In this episode, hosts and finance professors Jonathan Berk and Jules van Binsbergen we…
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Women in Leadership with Sheila Shah, Managing Director & Partner at L.E.K. Consulting
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12:59In this episode, The Barton Partnership’s Charlotte Pairé is joined by Managing Director and Partner at L.E.K. Consulting Sheila Shah. Sheila shares her extensive career journey and her shift from finance into the med tech sector. She emphasises the importance of digital integration in the healthcare industry and the need for med tech companies to …
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