A stellar first broadsheet review by Harry Wallop for Alex Edmans May Contain Lies, publishing later this month!
thetimes.co.uk/article/its-ti…

The Fama-French factors, a cornerstone of both academic research and practical investing, change according to when you download them. Who discovered this, how, and is there an innocuous explanation or something more concerning? Bloomberg article. bloomberg.com/news/features/…

'May Contain Lies is a wonderful litany of the myriad ways in which we can be deceived, and deceive ourselves, including sometimes well-known academic researchers as they try to stand up their theory.' The Guardian review. theguardian.com/books/article/…

Big thank you to Alex Edmans for giving a fantastic talk for our inaugural event on Weds. And thanks to our great audience who cane up with some great questions which Alex answered for 45 mins! Video up soon.

Really enjoyed this chat on the KEEN ON podcast, on how to tame our biases and navigate misinformation. Hosted by Andrew Keen, named one of the '100 most connected men in Britain' by GQ magazine. keenon.substack.com/p/episode-2044…

Are UK CEOs overpaid? A few years ago I was summoned to the Select Committee and the witness before me said high pay gaps worsen company performance. Trouble is, the actual study they quoted suggested the opposite. bloomberg.com/opinion/articl… by Merryn Somerset Webb. #MayContainLies

U.K. bosses may be underpaid. But only relative to US CEOs who are definitely overpaid….

ESG Shareholder Engagement and Downside Risk is published in the current issue of the ReviewofFinance. The authors obtain proprietary data on 1,443 ESG engagements by a large UK institutional investor and find the following:

1. ESG engagements reduce both Value at Risk and the…

Comment: #ESG has flaws, but it’s the most important change-management exercise of our time. Read oped by Alexandra Mihailescu Cichon RepRisk. Larry D. Fink BlackRock Alex Edmans London Business School #esginvesting #environmental #corporategovernance Terry Slavin Liam Dowd
reuters.com/sustainability…

In a world of misinformation, how do we separate fact from fiction? An article in The Beautiful Truth, adapted from #MayContainLies . thebeautifultruth.org/work/may-conta…

⚡ On Monday ESG experts, Alex Edmans, LondonBusinessSchool; Lindsey Stewart, Morningstar, Inc.; and Robert Armstrong from the Financial Times led a lively discussion on the future of ESG

Alex Edmans The American Conservative You can order Alex Edmans's new book here:

maycontainlies.com

It's widely claimed that only 2% of VC funding goes to female founders. But this is for start-ups founded by only women: a statistic used to encourage diversity ignores gender-diverse teams. The 2% number may discourage great women from entrepreneurship. maycontainlies.com/does-only-2-of…

Named one of May’s 2024 Must-Read Books by the Next Big Idea Club, Alex Edmans’s new book May Contain Lies tackles misinformation: why we fall for it and how to combat it.

He explores the four missteps that feed misinformation and more on the blog!

speakers.ca/2024/04/alex-e…

Alex Edmans .Alex Edmans, who has written a forthcoming book about how McKinsey consultants fudge DEI data, told The American Conservative:

''McKinsey is a premier consulting firm, not a research institute. The goal of its studies is marketing, not scientific inquiry, and so it sometimes writes whatever the…

Vivian Hunt, the senior author on four flimsy McKinsey studies falsely claiming financial gains from diversity, received a Damehood for 'services to ... women in business'. There are huge payoffs to peddling bad research if it gives results people want.

“[McKinsey] cherry picked the years that were particularly to lead to a significant result,” says Alex Edmans.

“It doesn’t matter how many numbers you crunch—if the methodology is flawed, the results are meaningless.”

theamericanconservative.com/dei-was-never-…

Thread 🧵-- my latest for The American Conservative:

McKinsey & Company—the largest management consultancy in the world, the alumni of which include Pete Buttigieg and the geniuses who advised Purdue Pharma on how to “turbocharge” opioid sales—have published four studies since 2015 (“Diversity…

📈 Apple's success has been attributed to the fact that it was founded with a clear purpose.

But is this clear evidence that successful companies should always 'start with a why'?

📺 Author Alex Edmans explains how anecdotes like this can be misleading ⤵️

youtube.com/watch?v=-UUdHr…

In the Bloomberg chaired discussion, 'Navigating The Politicization of ESG in Europe', London Business School’s Alex Edmans said that “some people see ESG as a magic word that defies the laws of gravity and those of general business economics”. ow.ly/e6tw50RsntZ