Mar 3, 2022 • 44M

Jeff Kreisler on money

And introducing rewards for referrals!

Open in playerListen on);
Interviews with the experts, entertainers and academics in the weird, wonderful and creative world of behavioural science.
Episode details

Introducing BS Referrals & Rewards

If you love A Load of BS, you can invite your friends to subscribe and collect some amazing rewards in the process, all of which will boost your brain power!

Take 2 minutes to share A Load of BS and get some extremely cool swag. Click below to get your unique link and share it with friends so they can join here too.

Invite your friends

The grand giveaway

Each time you refer a friend to A Load of BS, you get a ticket into the raffle to win the GRAND GIVEAWAY of 1 year’s subscription to 42 Courses (worth £400). 1 referral = 1 ticket. The more people you refer, the more entries you have.

Introducing Jeff Kreisler

When it comes to money, we make absurd decisions about how to spend it all the time. Whether this is buying a £3.50 latte at Starbucks while we price compare groceries to save 10 pence on apples, bolting on a ‘special’ car cleaning kit for £250 after spending £15,000 on a new vehicle, or hopelessly overbidding on eBay auctions because we already feel attached to the item in question, we are irrational, emotional and flawed creatures. How on earth are we supposed to value things?

Jeff wrote the book Small Change: Money Mishaps and How to Avoid Them with Dan Ariely. Jeff is a qualified lawyer, stand-up comedian and now Head of BS at J.P. Morgan Chase bank. Today, we discuss what money means to us and how we treat it.

Show notes

  • Role of BS in shaping organisations

  • What does money mean to Jeff?

  • Jeff’s discovery of BS

  • Relationship between comedy and BS

  • Life at JP Morgan

  • Financial literacy, irrational decision making & the goal of BS

  • Mental accounting & the pain of paying

  • Connecting to our future selves

  • Sweat the big stuff, don’t obsess on the little things

  • Satisficing vs. maximising: expectation, anticipation and context

  • Rituals in money

  • Wealth management’s sartorial rituals

  • Mental accounting: Thaler vs. Taleb, casino money

  • Future of money

  • What Jeff learnt writing with Dan Ariely

My sponsor CrankWheel

How many times have you asked people if they can see your screen or hear your voice on Zoom calls? Or had to spend 10 minutes while the other person figures out how to connect? 

With CrankWheel, you can instantly share your screen and monitor engagement, project HD videos or even grant control to the other person. CrankWheel is used by sales teams in solar, insurance, digital marketing and finance and is great for onboarding new customers to reduce churn rates. You simply share a link during a phone call and the other person enters on any browser, any device without registration or installation.

Click here to get 2 months for free.

Next time with Guillem Balague

We switch gear next time as I interview football writer and broadcaster Guillem Balague, someone whose work I admire and whose commentary on the game is eloquent, thoughtful and profound.

Like me, Guillem is endlessly curious about what makes people tick, the psychology of sport, how players and coaches become successful, and also why they go wrong. Guillem has written superb biographies of some of the most iconic players in history: Pep Guardiola, Cristiano Ronaldo, Diego Maradona, Lionel Messi; and Mauricio Pochettino (who, as a Spurs fan, I have a lifetime soft spot for).

Leave a review of A Load of BS!

If you haven't done so already, please go to Apple, Spotify or wherever you listen to podcasts, and leave me a 5 star review.

Be well and till next time,