Greetings from Davos, the annual shindig of world leaders and chief executives in a valley by a Swiss mountain. Or perhaps the site of a global conspiracy of the power elite. Or perhaps the place where a Swiss professor imposes his quaint euro-views on “stakeholder capitalism” on US corporations. Or perhaps one giant cocktail party.
My first task at Davos this year was a fun one: to interview Daniel Kahneman, the Nobel prize-winner and author of the best-selling book on the psychology of decision-making, Thinking, Fast and Slow.
One of the thoughts Mr Kahneman mooted in a lively hour of presentation and discussion was that chief executives, who are naturally optimistic people (for they would not be in that position if they weren’t), hold two sets of expectations in their heads. Read more
There is constant status anxiety at the World Economic Forum – am I at the best session, have I been invited to the best party, what colour badge am I wearing?
But what if the best Davos badge is not the white badge that admits you to all official events, but no badge at all? It is certainly cheaper than SFr20,000 for an official place at the forum. Read more