FTX Fiasco Caused by SBF’s Double-or-Nothing Philosophy (Video & Podcast)

Double-or-Nothing Philosophy

For investors, the collapse of FTX is a reminder to be wary of founders like SBF with an excessive risk appetite. For entrepreneurs, it is a lesson to implement oversight and risk management plans to avoid the fate of SBF and FTX. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes how Sam Bankman-Fried’s double-or-nothing philosophy caused the collapse of FTX.

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The Danger of Bias in the Procurement Process (Video & Podcast)

The Danger of Bias in the Procurement Process (Video & Podcast)

Any procurement process that is not protected from bias risks a bid protest. To protect the procurement process, officials need to learn about and address common cognitive biases in procurement decision-making. That’s the key take-away message of this episode of the Wise Decision Maker Show, which describes the danger of bias in the procurement process.

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