The 2nd annual first Bigelow Connectors event focused on the themes of cognitive biases related to decision making.
Our featured speaker, David Laibson discussed the most common cognitive biases that can negatively affect good decision-making when building and capturing Enterprise Value. These biases can include anchoring, loss aversion, the endowment effect, overconfidence, the “winner’s curse” (and how you may use it to your advantage when choosing a new majority investor for your enterprise), and present bias (with an emphasis on transition-planning procrastination).
