When I finished graduate school, the MBA was all the rage. Thinking back to my earliest days working in Banking, I remember being met with skepticism: how could a background in psychology, research, and statistics possibly be relevant to business of investing, of developing products, or of selling them?
Now, it appears, the world has changed... And I, for one am happy about it.
For 20+ years, I quietly built a career based on the knowledge that money was invented by humans, and that economic behavior is a subset of human behavior. In so doing, I learned that:
- Research is a powerful tool for understanding behavior; that
- Ethically designed, well-executed, data yielding large amounts of data,
- Subsequently subjected to rigorous, quantitative analysis
... constitutes a powerful tool for determining which path to follow.