Nudge
Nudge
Phill Agnew
Are the rich and famous smarter than you?
26 minutes Posted Nov 2, 2026 at 6:37 am.
0:00
26:24
Download MP3
Show notes
Today on Nudge, the $2.9m NFT that sold for 0.0097% of its original price, why so many footballers go bankrupt, and how you can beat the stock market. 
I’m joined again by Alex Edmans, professor of finance at London Business School and award-winning author. 
He explains that the rich and famous aren’t as smart as you think they are. 
---
Read my past newsletters: https://nudge.kit.com/profile 
Alex’s website: https://alexedmans.com/
Alex’s book: https://alexedmans.com/madness/
Alex’s LinkedIn: https://www.linkedin.com/in/aedmans 
Unlock the Nudge Vaults: https://www.nudgepodcast.com/vaults
Subscribe to my newsletter: https://www.nudgepodcast.com/mailing-list 
Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew/  
---
Today’s sources: 
Chatterjee, Arijit and Donald C. Hambrick, ‘It’s all about me: narcissistic chief executive officers and their effects on company strategy and performance’, Administrative Science Quarterly 52 (2007), 351–86.
Ham, Charles, Mark Lang, and Nicholas Seybert, ‘CFO narcissism and financial reporting quality’, Journal of Accounting Research 55 (2017), 1089–135.
Li, Yuanzhi and David Yermack, ‘Evasive shareholder meetings’, Journal of Corporate Finance 38 (2016), 318–34.
Yermack, David, ‘Flights of fancy: corporate jets, CEO perquisites, and inferior shareholder returns’, Journal of Financial Economics 80 (2006), 211–42.