
IL45: Where Markets Reveal Human Error ft. Alex Imas
Published: January 21, 2026
Duration: 54:27
Today we discuss one of the most popular and influential economic books of the last few decades - The Winner’s Curse. Originally published in 1994, a new version has just been released and we are joined by co-author Alex Imas who wrote the new edition alongside Nobel Prize winner Richard Thaler. When are we likely to spend a windfall and when are we likely to save it? When is it most dangerous to bid for business against competitors? And are ‘arbitrage’ opportunities in markets really a free lunch?
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50 YEARS OF TREND FOLLOWING BOOK AND BEHIND...