Dr. Khosrow Dehnad

The humorist Artemus Ward once wisely remarked, "It ain't so much the things we don't know that get us into trouble. It's the things we know that just ain't so." For example, the belief or the desire to believe in the possession of weapons of mass destruction by Iraq- that turned out to be false- led to a costly war that caused wide spread destruction and damaged the  of the intelligence community and public trust with far reaching political consequences. credebillity

 This case illustrates the innate tendency of human beings to harbor cognitive biases that often leading them to perceive certain patterns in particular if that is what they are looking for hence the saying that "You see what you want to see." 

 Pervasive biases exert a considerable sway over individuals' decision-making, clouding the rationality of their choices. In this non-technical talk, I will explore several of these biases, examining their influence on our decision-making processes and demonstrating their impact in the realm of finance and investment.

Biography:

Dr. Dehnad is on the faculty of Columbia University and New York University and is the  Director of New York Institute and Laboratory for AI.

He has held senior positions in Structuring, Risk Management, and Trading in rates and credit at Chase Manhattan Bank, Citibank, Solomon Brothers, and Samba Financial Group. He started his career on Wall Street at the computer trading firm of D.E. Shaw.

 Dr. Dehnad received his BSc. in Mathematics with first class honors from University of Manchester and Doctorate degrees from the University of California, Berkeley and a second doctorate from Stanford University. He has worked at AT&T Bell Labs where he published the book “Quality Control and Taguchi Method.” His latest book on Blockchain Investors’ Manual was published in 2020