Masters in Business

Judd Kessler, Wharton behavioral economist and author of Lucky by Design, studies how allocation rules shape who wins scarce things. He discusses hidden markets for tickets and reservations, practical tactics for first-come races, fairness tradeoffs like lotteries versus price, organ and donor-priority systems, and design fixes to curb bots and brokers.

Perth Toll, founder of Life and Liberty Indexes and creator of the Freedom 100 EM ETF, builds freedom-weighted investment strategies. She explains why weighting countries by civil, political, and economic freedom can shape returns. Topics include data sources like Cato and Fraser, the role of press and rule of law for business viability, and how freedom links to risk and return in emerging markets.

An introduction to candid conversations with top CEOs and global industry leaders. The show focuses on defining moments that test leaders and the choices they make. It explores decision-making, the value of truth tellers, and avoiding actions driven by FOMO. Listeners are invited to follow leadership stories and lessons on management and the future of work.

Bill Miller IV, CIO and portfolio manager known for conviction-driven value investing and views on Bitcoin. He discusses Bitcoin as a capital denominator, high-conviction concentrated portfolios, idea sourcing and position sizing. He also covers using AI in research, lessons from 2008, and where he sees mispricing today.

Patrick Kilbane, General Counsel at Ullman Wealth Partners and former divorce attorney who leads their Divorce Advisory Group. He explores privacy strategies and NDAs, how common mistakes scale with wealth, valuing illiquid assets and founder stock, handling RSUs and deferred pay, coordinating advisors and protecting assets through titling and insurance.

Matt Cherwin, Co-founder and CIO of Marek Capital with decades in spread markets and securitized products. He discusses system-level shocks like repo and pandemic stress, the MCCLR framework (money, capital, credit, liquidity, regulation), why private-credit and trading specialists are resurging, using AI for research and tooling, and how policy and liquidity dynamics shape trading opportunities.

Wes Gray, quantitative investor and CEO of Alpha Architect with a background in military intelligence and academia. He discusses factor-based and option-based ETF strategies. Topics include how alpha differs from beta, factor-driven ETF returns, risks of overfit backtests, and innovative ETFs like momentum/value, box spread vehicles, and option-based tail-risk and inflation hedges.

Ed Perks, president of Franklin Advisers and CIO of Franklin Income Investors, brings decades managing multi-asset income and fixed income strategies. He discusses income-focused investing versus equities. He covers flexible, go-anywhere fixed income mandates, private credit’s rise and transparency concerns, and managing risk through volatility and macro shifts.

Bill Gurley, Benchmark partner and veteran VC behind early bets like Uber and Zillow, shares career shifts from computer science to investing. He discusses writing Runnin' Down a Dream and lessons to avoid career regret. Conversations cover Benchmark’s equal-partner culture, picking winners, concerns about AI hype, and risks in private-market valuations.

Weekend programming that mixes business, politics and culture in quick, lively conversations. Hear previews of the week with interviews featuring journalists and political figures. Get details on when and how to watch or listen live each morning.