#1 Michael Mauboussin: When To Trust Your Gut

The podcast explores decision-making processes, the role of intuition, and strategies for improving thinking skills. Michael Mauboussin, managing director at Credit Suisse, shares his insights on how to balance intuition with analytical thinking, emphasizing the importance of disciplined intuition, which starts with base rates and then incorporates intuition. He also touches on the Colonel Blotto game to teach strategic thinking and resource allocation. Mauboussin advocates for creating environments that encourage diverse perspectives and open-mindedness, referencing the Good Judgment Project. He highlights the value of focusing on effort over outcomes, especially when teaching children, and shares anecdotes about using bets and games to illustrate probabilistic thinking.