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Extraordinary Life Stories: Rory Sutherland Episode Summary
Podcast Overview Podcast Title: Extraordinary Life Stories Host: John Reynolds Guest: Rory Sutherland Description: John converses with extraordinary individuals about their life experiences, focusing on mental health, motivation, and the balance between personal and professional life.
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Episode Summary In this episode, Rory Sutherland, a prominent British advertising executive and vice chairman of Ogilvy & Mather, shares insights into his unconventional thinking that has led him to success in the advertising industry. He emphasizes the importance of creativity and emotional intelligence in marketing, contrasting it with traditional rational decision-making approaches prevalent in other business sectors.
Key Themes and Discussions
- Creative Mindset in Advertising
- Sutherland discusses how the standard practices in advertising differ significantly from other businesses.
- He argues that creativity often requires thinking "what if" rather than simply "what is," advocating for a more innovative mindset.
- Entrepreneurial Characteristics
- He highlights traits shared by entrepreneurs, such as valuing unique information and seeking untapped opportunities over conventional wisdom.
- Sutherland notes that many entrepreneurs are comfortable with risk and failure, viewing them as a necessary part of finding success.
- Importance of Design and Aesthetics
- The conversation shifts to property development and how creativity in marketing can rejuvenate the sector.
- Sutherland critiques the focus on location in real estate, arguing for a greater emphasis on design and branding to enhance property value.
- Challenges in the Property Market
- He discusses the current stagnation in the property market and the need for innovative marketing strategies to sell properties effectively.
- Sutherland suggests bundling incentives (e.g., travel cards) instead of reducing prices to create more compelling offers for potential buyers.
- Mental Health and Neurodiversity
- The dialogue touches on mental health, particularly ADHD, exploring how neurodiversity could be a natural and valuable part of human evolution.
- Sutherland discusses the potential benefits of exploring unconventional treatments for mental health issues, including recreational drugs.
- Critique of Standardized Success Metrics
- Sutherland critiques the societal focus on traditional academic success as the primary measure of an individual's value.
- He argues that this narrow definition overlooks diverse talents and contributions to society, perpetuating a bottleneck in opportunity for those who do not fit the conventional mold.
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Key Takeaways
- Creativity vs. Rationality: In advertising, creativity prevails over strict rationality, allowing for innovative solutions.
- Opportunity Maximization: Successful entrepreneurs often seek opportunities that are unrecognized by the majority, leading to disruptive ideas.
- Design Matters: Beautifully designed spaces contribute to overall happiness and should be valued more in the property market.
- Rethinking Mental Health: There is potential in exploring non-traditional therapies for mental health, emphasizing individual experiences and needs.
- Broadening Success Metrics: Society should embrace diverse definitions of success and value a wider range of human attributes.
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Conclusion Rory Sutherland's conversation with John Reynolds provides deep insights into creativity, marketing, and mental health, encouraging listeners to think differently about success, opportunity, and the value of diverse perspectives. The episode highlights the importance of challenging conventional thinking to foster innovation and improve overall well-being.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Chapters
Tap a time to open that second in VOIntroducing Rory Sutherland
0:58 to 1:30
Host R.J. welcomes Rory Sutherland and introduces his background.
Marketing Mentalities
1:30 to 2:15
Discussion on the unique thought processes in advertising and marketing.
“So, well, I mean, bizarrely, my argument would be it was an extraordinary failing of both marketers and advertising people to have missed this opportunity, you know, for the most part, up until now.”
The Entrepreneurial Mindset
2:15 to 4:51
Exploration of how entrepreneurs think differently about risks and opportunities.
“Because at some point you must have turned with the tide.”
Property Development Insights
4:51 to 7:03
Rory shares his thoughts on the property market and the role of marketing.
“And it fundamentally discomforts them because they're optimizing for predictability and low variance and all those sort of things.”
Challenges in Property Market
7:03 to 9:21
Discussion on the changing dynamics of the property market and its implications.
“Now, an interesting thing to me is one of the reasons I repackaged kind of ad think or mad think for other industries.”
The Value of Creativity in Real Estate
9:21 to 14:00
Rory emphasizes the need for creativity in property development and marketing strategies.
“You'll need a hell of a lot more marketing to sell property developments.”
The Value of Aesthetic Architecture
14:00 to 18:00
Explore how aesthetic appeal in architecture contributes to happiness and property value.
“If you've got a beautifully designed house where someone has put real thought into both the functionality and the aesthetics, it will contribute to your happiness in a way that's your environment.”
Innovations in Automotive Design
18:00 to 23:10
Discuss the evolution of car design and the impact of consumer expectations on innovation.
“In 250 years, no-one's come up with a house that I'd rather live in.”
The Burden of Housing Costs
23:10 to 27:20
Examine how housing consumes discretionary income and impacts living standards.
“And so, you know, I mean, if you think about it, golf carts were always electric for a very simple reason, you know.”
Exploring Mental Health and Drug Use
28:21 to 33:38
A deep dive into the complexities of mental health and the role of recreational drugs.
“On that, and on that, what sort of relates to a lot of stress and kind of potential mental health kind of connotation.”
Show all 15 chapters
The Nature of Entrepreneurship and Innovation
33:39 to 37:56
Discussion on how entrepreneurs value information and think differently about problems.
“So I actually had to defend a colleague of mine who kind of almost got into trouble with HR for writing in favour of psychedelic research because it was considered...”
Understanding Neurodiversity and ADHD
37:57 to 42:05
A conversation about neurodiversity, ADHD, and societal perceptions of mental health.
“which is that you derive pleasure from stopping something happening on spurious kind of legalistic or technical grounds.”
Rethinking ADHD as a Spectrum Disorder
42:05 to 44:35
Explore the perspective of ADHD as a natural human diversity rather than a disorder.
“I mean, our environment is totally unnatural compared to what we've evolved for.”
Equality of Opportunity vs. Quality of Outcome
44:35 to 48:49
Discuss the pitfalls of prioritizing equality of opportunity at the expense of diverse talents.
“it's micro rational but macro stupid and what it is is we we're obsessed with equality of opportunity Now, the first requirement, if you like, of equality of opportunity is you apply the same criteria to everybody.”
The Value of Diverse Skill Sets in Society
48:49 to 52:50
Delve into how varied skills can contribute to a successful society beyond conventional criteria.
Transcript
Automatic transcript. May contain errors.0:00John Reynolds:I'm R.J. Decker, a private investigator uncovering the sunshine state's darkest secrets. Tonight, it's the premiere of ABC's hottest new crime show.
0:10Rory Sutherland:R.J. freaking Decker as I live and breathe. He's a private eye. It's not a standard murder.
0:15John Reynolds:It's someone bigger. And a public mess. Trying to get someone back to prison today? You go to prison one time and suddenly it's all the jokes. R.J. Decker, series premiere. Tonight on ABC and stream on Hulu.
0:30Rory Sutherland:This episode is brought to you by Peloton. Break through the busiest time of year with the brand new Peloton Cross Training Tread Plus. Powered by Peloton IQ. With real-time guidance and endless ways to move, you can personalize your workouts and train with confidence. Helping you reach your goals in less time. Let yourself run, lift, sculpt, push and go. Explore the new Peloton Cross Training Tread Plus at OnePeloton.com. Rory Sutherland. Welcome. It's a pleasure to be here.
1:01John Reynolds:Fantastic.
1:02Rory Sutherland:I'm really pleased. Tell me, who is Maurice Averland?
1:05John Reynolds:If you've heard of me, or the reason I'm here, I suppose, is the question I'm going to answer there, is I suppose all I did, in truth, was take some habits of thought and mental practices, which are relatively common within the advertising industry or within marketing, and repackage them to be used elsewhere. That's about it, really, in a sentence. Went rather well for you, though. So, well, I mean, bizarrely, my argument would be it was an extraordinary failing of both marketers and advertising people to have missed this opportunity, you know, for the most part, up until now. But what I suddenly discovered is that there's something quite unusual about what is the standard mental practice within the creative realm of marketing, which is in most of business, sort of rationality is the gold standard.
1:56John Reynolds:If you come up with a rational argument which holds water, then tick, job done, nothing to see here, fantastic, all over. In advertising or marketing, rationality is kind of the bronze standard. Well, yeah, that makes sense, but are you sure we can't do something better?
2:14Rory Sutherland:Did you make a constant decision to almost go against the grain? Because at some point you must have turned with the tide.
2:20John Reynolds:By the way, I don't think that's unique to advertising people. I think it's an entrepreneurial characteristic as well, which is bureaucratic, technocratic, managerial people whose motivation is self-justification generally want to think the way other people think and know what everybody else does so they can benchmark against themselves and look rational and sane and make decisions that are unlikely to get you blamed. What I notice about the entrepreneurial mindset is it's completely the opposite. It only really values information that nobody else has hence pioneers innovators disruptors property developers in a sense what they're looking for is not value it's untapped value or undervalued property or in other words the question is not what is this but what could i make of it and that's a fundamentally creative question it's not a it's not a rational question you know there isn't a process by which you can arrive at that it requires some sort of inspiration or I think there's a technical term for it in philosophy which I think is called abductive inference it's a kind of what if rather than the what is and I think you know fundamentally I think you'll notice out of anybody who has an entrepreneurial mindset not everybody's an entrepreneur some of them are actually to be found scattered around in larger businesses uh there are what you might call their approach to information is fundamentally different uh it's opportunity based in a sense rather than defensive you know uh you know most people in business optimize for efficiency rather than optimizing for opportunity yeah that and at the heart of that is creativity and create and fundamentally of course those people are uncomfortable with creativity because it usually involves something which isn't strictly speaking a process in the conventional sense of the word you know now i I think if you want to be creative, I think there are checklists.
4:15John Reynolds:I think there are tools you can use, you know, whack packs you can use to stimulate creativity. I mean, Brian Eno famously produced a whole deck of cards called Oblique Strategies. You know, Rick Rubin's written about this in his new book. But it isn't a reliable deterministic process which frightens the shit out of certain people, particularly people in finance, because you go, what will this? If you do something fundamentally new, there is not data to predict what will happen.
4:45Rory Sutherland:That's the mathematical brain malfunctioning without process, without structure. You've got it, exactly.
4:51John Reynolds:And it fundamentally discomforts them because they're optimizing for predictability and low variance and all those sort of things. Whereas, in a sense, the phrase I used, and by the way, I don't play either, but generally you don't find entrepreneurs in chess clubs. You find them in casinos. in other words you know they have a fundamentally different statistical frame I think which they bring to the world I mean one of the interesting things is that you in a sense if you do gamble and I have done it periodically if you play poker you play blackjack what you realize pretty quickly is that you've been playing all evening but in fact five or six hands determine most of the outcome it's fat-tailed and i think you know entrepreneurs like that they're happy to fail 15 times because what they're interested in is if i can just be disproportionately successful on four occasions i don't need to worry about all the other and that's that's probably a mindset which is too scary for someone who wants an absolutely kind of granular measurement of cost and return see the path every penny i spend must be moving the pebble forward whereas the other mentality is I'm totally happy to spend a load of money not moving the pebble at all if sometimes something remarkable happens.
6:10Rory Sutherland:I love the way you've articulated that. There's an optimism. You mentioned property. You have to be disproportionately optimistic. I'm a frustrated property developer right now.
6:19John Reynolds:My father's a property developer. My daughter works for JLL. My daughter's effectively in the property development arm. It's a very creative world because, as I said, it's spotting effectively seeing what other people haven't seen as the only way you can make money.
6:33Rory Sutherland:I love the fact you said that. And that's what drew me into it. Plus, I could see that apart from the barrier to entry being finance, and actually being able to buy property and fund through the development side of things, that was something I could see was a human part of it. That was not a mathematical science degree or what have you. That was actually, well, I just go to people. And the skill will be, I'll find people that can get me good opportunities. I'll find people that can help shape them. And I'll find people that will fund them.
7:03John Reynolds:Now, an interesting thing to me is one of the reasons I repackaged kind of ad think or mad think for other industries. It occurred to me that the people in advertising and marketing are overwhelmingly concentrated in fields like packaged goods, Unilever, Procter & Gamble, Spirits, Drink. Probably, you know, all of that is kind of 5 % of GDP or something. And there are these other industries like transportation, infrastructure, real estate, which between them are probably 20 percent of GDP, but they receive less marketing attention than, say, Unilever does or Dove does. And it strikes me that those habits of thought that are found in marketing people might be equally valuable in the property sphere.
7:47John Reynolds:And so my daughter and I were having this conversation just the other day. and I think the property industry because let's face it residential London property particularly is very soft at the moment and doesn't you know I don't think you can rely on capital appreciation anymore from property ownership in large parts of the country and when you think about that suddenly whole areas of activity like buy to let once you don't have assumed capital appreciation they're a mugs game. And there was a graph that was a constant for years. Actually, there are a whole bunch of people. I mean, I'm old enough to remember, what was it?
8:26John Reynolds:I think it was 1888, was it? There was a really bad, you're too young to remember this. I remember it. But there were absolutely dire property crashes in commercial and residential property from time to time. There are a hell of a lot of people now who aren't even aware that can happen. They're also confident of the fact that they're never going to be taxed because there are too many of them. And so we've created a sacred asset class in real estate. And, you know, all of that could change because if loads of people exit buy to let, which demographically a lot of them want to do anyway, given the age of the typical buy to let landlord, and they suddenly realize, OK, I'm not getting capital appreciation anymore.
9:04John Reynolds:I need time to move out. You could have a fall in property prices, but also a huge increase in rental prices because a whole load of currently privately rented accommodation disappears from the market. So there's the potential for something quite scary, I think. No, you're absolutely right. But it really interests me because one of the things I said is if we do have, effectively, you can no longer basically build it, sit on it, wait for it to go up in value. You'll need a hell of a lot more marketing to sell property developments. I was just joking to my daughter. She said, well, what everybody in property does is if something isn't selling, they drop the price.
9:39John Reynolds:I said, well, in marketing, in economics, that's the most rational thing you can do. we can't sell it at 450 so we'll drop it to 420. Now that's in marketing terms that's the worst thing you can do. Bribing someone to buy something is the most expensive way to sell something and I said let's play with some games like go to Transport for London and see if you can bundle seven years of travel card in with the property because that might cost you a lot less and actually be more motive. You know it's quite nice if you bought a property and you're basically told okay buy this property both of you will not have any commuting costs for seven years that might be much more motivating than the equivalent reduction in the purchase price and so one of the interesting questions is will we need to bring back real marketing expertise to the property market there was a lot of it by the way in the 19th century all of those places okay if you take Bayswater, Fitzrovia they were all branded and all of those developed West Kensington.
10:40John Reynolds:South Kensington was never called South Kensington, it was called Brompton. And then when they built the Victoria and Albert Museum and the Science Museum they realised well Brompton sounds like a village, it doesn't sound very cool, so they decided to call it South Kensington. I mean North Kensington is not even contiguous with Kensington.
10:58Rory Sutherland:I was based in South Kensington for 10 years, I didn't even know that.
11:00John Reynolds:No, no, it was Brompton and it was kind of like a out-of-town shopping centre kind of place and so they rebranded it South Kensington basically to make it sound a bit more shishi to get people to go to the museums and all of those places Pimlico Bayswater Bayswater was going to be called Tibernia by analogy with Belgravia because it was near Tibern and yeah there was really really ingenious marketing went into um you know 19th century um an 18th century building you know you had to brand a whole area to somehow make it and of course people do that jokingly when they refer to clam or you know In other words, they rename something.
11:42John Reynolds:And my hunch is that obviously that happened when you had very large scale developments. They were branded. I would love to see architecture and design more heavily front foot in property and location less so. So that's just one of my, you know, one of my things. Because when you make location the central focus for what a property is, location location and location is a property program all the gains go to the landowner not to the developer if you actually had now i noticed in is it dubai there's a development by pin in farina in other words they've taken a famous car designer and they've applied the name to the property development and so you're actually selling it on the basis of its design aesthetics and hopefully functionality rather than on where it is.
12:37John Reynolds:Yes. That struck me. Okay, that's a step forward.
12:40Rory Sutherland:It is, which brings branding and an incredible kind of marketing association to property. Yeah, it gives it.
12:46John Reynolds:Actually, the developer makes the money or the person who licenses the brand or both, whereas if you genuinely make it all about location, then basically the landowner makes all the money and then the developer takes all the risk, which seems very unequal to me.
13:00Rory Sutherland:I mean, it's so ironic talking to you now, so stimulated from a curious point of view, to ask you so many questions and actually be talking about property development where I lost my passion for it because the stimulation and the enjoyment came from piecing all the people together. Yeah. And then actually getting real traction and doing really big numbers in the space. But the planning, the politics, and I've got no issue with overcoming obstacles, but just the time delays and the lack of communication and the lack of, well, the sort of lack of stimulation of curiosity. Sorry.
13:34John Reynolds:Also think that the buildings are very boring.
13:36Rory Sutherland:That's what I was going to say. An architect, I had a full-time architect employed. We were not able to be creative architecturally. We had to conform to the precedent set over there. You put something else in front of us.
13:47John Reynolds:My argument is, I mean, I live in the roof of a Robert Adam house, which is converted into apartments. and at least when I doled out the actually not very high six-figure sum to buy it I go well I you know at least I'm buying into a work of art you know it's a you know character there are you know what is it there are only I think I'm right in saying there are something like 6 ,000 grade one buildings in the UK now for something like 4 ,000 of them are churches of the rest about half of them are things you can't live in like the Royal Opera House or Nelson's Column so they're only about 1500 grade one buildings in the uk where you can actually live and i live in one of them and the premium i paid for that was basically zero you know it's the same per square foot as a boring thing built by a jobbing architect in the same location you know 800 yards away and i'm gonna go my my insight was the cheapest way to buy art is to buy architecture and but imagine a world where you could get oh it's a six by nine canvas oh that's nice yeah who painted on it well that one's Picasso and that one's by a bloke next door and they're the same price and you suddenly realize there's this really weird thing which is we've completely failed to capture an aesthetic premium in property now talking to Shlomo Bonazzi very brilliant UCLA behavioral economist he argues that quality of design and aesthetics are an enduring contribution to your happiness if you live somewhere that's beautiful and well designed it's a form of pleasure that It's a gift that keeps on giving, to use a marketing phrase.
15:21John Reynolds:If you've got a beautifully designed house where someone has put real thought into both the functionality and the aesthetics, it will contribute to your happiness in a way that's your environment. And yet no one pays a premium for it. They just go, where is it? How big is it? How close is it to the train station? There's a gropious building in, obviously because it's in Notting Hill, it's bloody expensive, but there's a gropious building in Notting Hill which is no more expensive than the building next door. So it even applies to modern architecture. Frank Lloyd Wright buildings are no more expensive than random buildings nearby.
15:53John Reynolds:Now, all I'm saying is, don't get me wrong, maybe there's a really good reason, but it seems to me weird. you know and also most houses are really boring and my only theory is it's the same reason as to why most cars are a really boring color which is because people buy cars on personal contract hire the garage technically you can go to the car manufacturer and say i want it in pink the garage who knows that they will be um basically you can return the car in three or four years. So they'll be left with this effectively difficult to sell pink car in four years time. So they do everything they can to persuade you to get a black one, a silver one or whatever it is.
16:39Now, in the case of property, interesting property is much harder to sell.
16:44John Reynolds:It might be nicer to live in, but it's harder and slower to sell than boring property. Consequently, since people buy property for its investment value, not for its use value. In other words, they're really buying the property in order to make money on it, not to enjoy living in it. As a consequence of that, people want to buy... Now, this is my only theory, that people actually want a boring house because they want something that's easy to, you know, that's liquid, easy to sell. Go and buy a lighthouse. Okay, it's a much more interesting place to live, but it's a living nightmare to sell. And then estate agents are also not interested because they know it'll take a long time to sell.
17:22John Reynolds:You know, it'll require a particular kind of buyer. So we're genuinely optimizing for boring, I think, because they should. If you look at, you know, OK, if you look at how a car has improved and the fact, OK, all architects should commit suicide ritually on the basis that I, who's a technology obsessed, you know, kind of futurist, choose to live in an 18th century house. That should bring shame on the entire architectural profession. When was my house built? 17... No, 1781, I think. OK, so he's literally got 250 years. In 250 years, no-one's come up with a house that I'd rather live in.
18:06Rory Sutherland:He brought cars up. I haven't bought an electric car. Is there an element of, like, you know, I was...
18:10John Reynolds:Oh, go and buy an electric car. They're fantastic. Ignore the whole environmental stuff. You will be helping the planet, but that's not the point. They're just much better cars
18:18Rory Sutherland:But they're all they're all starting to look the same. You know, we we met in the we met in the pit lane Yes, the British Grand Prix an absolute hub of innovation and And sort of refinement to try and get the sort of edge over the competition and by default wings and little things are popping up, which is where My kind of conversation is going on that sort of stimulating creativity
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18:42John Reynolds:whereas give those five to ten years there's a thing in design called maya m-a-y-a which is maximally advanced yet acceptable which i think was coined by raymond louis and when you come up with something genuinely innovative it has to have familiar elements to the other person buying because if you're too weird it's too difficult so that's why you know for example okay a digital camera goes click it doesn't need to go click digital but if you have a camera you know that doesn't click it weirds people out so the early stages of electric cars i think have to have that in the same way that digital radios used to have dials you know it's called skeuomorphic it's called a skeuomorphism which is the incorporation of an element from an earlier technology which only is there to add ease of familiarity and ease of adoption rather than for any functional reason and um it's greek temples had it so even though they they hadn't been built of wood for 50 years they still have these weird things called i think metops where the stone is carved as though there's a beam you know as though there's a kind of chamfer joint or whatever it might be and it's kind of like it's a carryover from an and actually i would argue that most electric cars are a bit boringly conventional but you there's a limit to how it came from i think a raymond lovey thing where he produced a fan an electric fan that was completely silent now logically that was a brilliant thing to do but it completely weirded people out and people kind of go this fan isn't working it doesn't cool me down because you expect a fan to make a noise and therefore if you have a fan that's completely silent effectively it's it's a bit similar to that uncanny valley thing you know it just weirds people out now in time what we'll see with electric cars i think will be really really interesting a kind of cambrian explosion of innovation one of them being very small forms of electric transportation in the heathrow pod i'm a big advocate of that i think it's a fantastic form of transport uh not least because people really enjoy riding in it and also because of something we can't say which is we love our own private mode of transport that's why a lot of people don't take public chances.
20:57John Reynolds:Nobody. Somebody said, a conservative politician once said it, that people prefer their cars because you don't have some smelly stranger sitting next to you. He could have also added that there's something lovely about getting back. If you've been on a plane for 12 hours and you get to that Heathrow car park and you climb into your car, you can you know, there are all kinds of things you can do in private. And there's that glorious feeling of decompression when you're no longer in a public space. We always joked about this. I was saying there must be a German word for it, which is the joy of climbing back into your own automobile after spending time in a public environment.
21:34John Reynolds:And it's like that time when you kind of leave a party and you get into your car. I mean, I got upgraded to first class one sort of flight back from, I think it was New York, and it was British Air was first class. You know, fine wines, Belgian chocolates, the finest wines known to humanity, the whole works. And it was magnificent. But the best bit of the whole journey was getting back into your own car. But nothing matches that feeling of, right, I'm finally in my own car. I'm autonomous. I'm private. You know, nobody can bother me. I'm safe. And so, I mean, you know, one of the interesting things I think will be micro mobility.
22:11John Reynolds:And by the way, we can include scooters in that. We can include, you know, cargo bikes deserve to be included in that. Electric bikes are really important. but also there's a thing called a micro lino which is modeled on a little the italian bubble car of the 1960s actually swiss made there's a dealership on the cromwell road i think um and i give my daughter absolutely strict instructions not to let me go past that dealership while i'm drunk okay because i just wander in and i'm impulse buy one of these crazy little electric you got that four on order already no no but i you know i think what happens is that if you want people to transition from one powertrain to another give them one thing to cope with at once if you also give them a really weird car it's behavioral change is difficult and people find that frightening and so there is an element now in fairness i think electric cars are you know some of them i bought a lotus elettro recently which is i think really really interesting from a design point of view it's actually too big but i quite like that well actually i quite like the fact that when you've got a really it's awful confession one of the reasons you have a people drive these big cars is that it makes driving a bit difficult i don't sound completely counterintuitive but it's so easy to drive a small modern car on british roads that there's a little bit of me which thinks that actually the sense of accomplishment you felt from getting someone there's a challenge that adding a small degree of difficulty might act might make something more enjoyable i'm not quite sure but it's fantastic car in terms of in terms of its design and the effort put into the uh functionality it it and i actually bought the minimalist base model precisely for the aesthetics of you know the simplicity of the thing um but i think it will start i think what we'll see is 5 10 15 years time we'll start to see genuinely a kind of explosion of different forms of transport which is made possible just by the electric motor which you can miniaturize, which is actually extremely reliable, which has very few moving parts.
24:18John Reynolds:And so, you know, I mean, if you think about it, golf carts were always electric for a very simple reason, you know. And actually, golf carts would be highly horrible if they had a petrol engine. The petrol engine would be probably too stroke and nasty and so on. Would be a quad bike, wouldn't it? And actually, electric motorbikes are going to be something else, right? In terms of performance, it's going to be extraordinary. so no i'm forgiving the car industry for that because you have to take the consumer with you but but the property industry the level of boringness so i wrote a piece in the spectator about this which is let's say you're a really really successful lawyer in london and you're earning six figures and you're thinking of buying a house in fulham now there are all the things you can spend your money on that have been invented since 1910 okay you know jet travel you know charter a yacht think of the things you could do with sort of 900 000 pounds right the creative amazing things you could do you know extraordinary technological developments but what you're doing when you're buying that house in fulham as a really successful corporate lawyer earning six figures is you're saying i know what i'm going to do for the next 25 years the vast majority of my discretionary income is going to be spent owning a place which a postman would have lived in in 1910.
25:40John Reynolds:Now all I'm saying is I'm not saying go and buy a Bugatti Veyron and sleep in a tent okay well actually I'm a bit okay because if you look at you know if you look at what you get for six figures in the car market it's a work of art it's something magnificent it's You know, hundreds of PhDs have put all their intelligence into designing this thing. And it's genuinely magnificent. Now, Louis XIV, if he saw a car or a flat screen TV or, you know, an Internet terminal, would give you half of Gascony in return for just the telly with a sky package. And yet we pay sort of£40 a month for that grumble about it.
26:18John Reynolds:The one thing Louis XIV wouldn't understand genuinely about today, he would look at these people and go, look at the wealth, look at the riches you have. Why do you live in such a house? And housing has taken up a greater and greater part of people's discretionary income. It's mopped up most of the gains to the two income household. Two income household, great news for the government. You've got twice as many people to tax. Fantastic news for people who own property. We've got twice as many people to pay rent. For the two people themselves, let's say husband and wife, but we don't have to be gender specific.
26:51John Reynolds:they've lost 35 to 40 hours of discretionary time every week in return for no improvement in their overall living standards you know not a great success no and now if you're single in london and i you know i don't sound weird you know saying you know we must campaign for the rights of single people but you're unless unless you're earning megabucks not being in a relationship or having a bunch of friends maybe maybe you're just a bit of a loner you're frozen out of london completely, I'd argue. I mean, it's just impossible. When you want your spring break to feel like and your kids' pool
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28:21Rory Sutherland:On that, and on that, what sort of relates to a lot of stress and kind of potential mental health kind of connotation. Yep, absolutely right. I wanted to just switch your brain to mental health. Almost flowing on from this conversation, property, cars, branding, marketing. can you name a cool really cool mental health platform business charity the reason why i ask is interesting question the reason why i ask that is that it's it affects all of us it affects us in a positive way in a negative way um and we're all being told to talk more i'm gonna really mischievous answer there i just i don't know okay that nobody's ever going to say this
29:06John Reynolds:but I'm going to be mischievous about it, which is, you know, there are interesting, okay, there, I mean, there are some really interesting moves, by the way, to explore recreational drugs as cures for certain mental health problems, including psychedelics. And all I can say is we need to explore those because we created a ludicrously false dichotomy between recreational drugs and medicinal drugs. So the definition of a medicinal drug was one that wasn't enjoyable to take, almost again you know in other words tasted horrible you know and had unpleasant side effects and as soon as a drug became enjoyable we immediately said it's a recreational drug now one of the side effects of that was nobody researched the positive upsides of recreational drugs i'm not into apart from nicotine i don't even drink very much cannabis is a good example i'm also wary by the way i'm wary about it the complete legalization for complex reasons not because I think it's bad for 95 % of people it's probably a bit like alcohol actually it's probably neutral or beneficial for the vast majority of people but catastrophically bad for a certain percentage and often it's catastrophically bad for people who are in a bad way already gambling what I put in the same category you know you know general gambling most people know how to handle it they enjoy it to a reasonable extent but there is a group of people who for circumstantial or genetic reasons and you know i've always sort of defended nicotine there i wouldn't defend smoking anymore because you can vape but my only defense of smoking is that the the second order externalities of people smoking although people complained about passive smoking and the smell compared to alcohol or gambling or um some some other drugs the knock-on effects to other people nobody ever says i can't go into town on saturday night because they're all these smokers there I made this point.
31:00John Reynolds:If you're an unborn child and you were asked, would you like to be born into the household where the dad, say, is a heavy smoker, a heavy gambler or a heavy drinker, you choose the smoker. Now, smoking is slightly different because it's quite bad for a lot of people. But you could argue that some behaviors are worse because they're catastrophically bad for a few people. yeah so i mean generally people didn't die at 20 i've known quite a lot of people who died in their 30s and 40s because of drink i don't know anybody who's died in their 30s and 40s because of smoking quite a few people who died in their 60s fair enough but there's a difference between a bummer and a tragedy um now the only point i'd make is that i think one there was a very interesting statistic which is 95 of schizophrenics smoked and one of the theories is it was self-medication it helped and one of the things I think we need to be open-minded about people like David Nutt have done much more important work than me I've merely looked at the behavioral biases behind how we categorize drugs and an investigation of the possible beneficial effects because let's face it if people are choosing to take these things yes there's a totally trivial explanation for that which is they like to get out of their heads.
32:16John Reynolds:But it's highly likely that psychoactive drugs might have beneficial effects if administered in the right way to people in particular circumstances. And we've brought and of course, if you think about it, OK, let's say you're a research company or you're trying to get funding for a research and go, yeah, we're going to research ketamine. OK, it's going to be a lot more difficult to get funding for what looks like a highly kind of irresponsible study than researching some boring thing that might vaguely affect angina or whatever it may be but this you know i mean we should be open-minded about this that's all i'm saying i'm kind of wary about the cannabis thing because my argument is that it almost certainly is really enjoyable and probably pretty harmful for harmless sorry for a lot of people but then what about the five percent of people for whom it's catastrophic i know i mean only asked about cannabis or brought
33:10Rory Sutherland:it up because there are clearly in my opinion from the sort of experience i've got people around me that have explored it from a business point of view there are really good benefits health-wise that are not about smoking a spliff you know it's a cbd obviously is different from thc i mean you separate those exactly but just but just felt like it was untapped and it was almost like a no-go area because yeah that's my point and it's like well why would you not explore that because what if you could actually produce...
33:39John Reynolds:So I actually had to defend a colleague of mine who kind of almost got into trouble with HR for writing in favour of psychedelic research because it was considered... And I said, no, no, no, no. This is a business where if we can't ask slightly unfashionable questions here, we're not a proper advertising company anymore. And I basically leapt in and said, I'm not sure I agree with her, but I absolutely agree with her right to raise the topic.
34:06Rory Sutherland:is that is that a constant with you um and what i mean by that is i use that analogy of going against the tide for you to be able to get to the heart of a problem to get to um people's emotions from a marketing point of advertising point of view you've got to basically turn around and sort of break tradition or stop and where would you draw the line well here's a naughty one
34:26John Reynolds:which okay i mean it's too early to say whether it succeeded but i occasionally annoy my wife by in very select areas defending Donald Trump. OK, my argument was, if you take the Middle East, my simple argument is what the hell people go, what the hell's you doing now? This is crazy. To which I often reply. Yeah, it's not like all the rational people solve this problem, is it? You know, we've had hundreds and thousands of highly educated, completely rational people looking at that problem and no one's got anywhere. arguably if you have a problem that seems immune to rational solution the only sensible approach is to try something that doesn't make sense uh because you know you know i i mean and actually i would also argue that one of the things that entrepreneurs are really interesting in well i mentioned the fact that they have a fundamentally different way of valuing information that information that they have that nobody else has they see as much more valuable than information that everybody shares so conventional people are looking for the consensus and entrepreneurs are in fact looking for the counterintuitive or the deviant opinion or the and by the way you know you don't have to be 100 right to be a successful entrepreneur if 20 of people do a weird thing or even 5 of people do something which is the opposite of somebody else there's still a business in that market you know if you can get 100 of 5 percent of any particular you're you're doing fine but the interesting thing i always noticed with entrepreneurs is if you said something that was a bit counterintuitive or a bit um mischievous even if you say that to a bureaucrat they become annoyed because it messes with their model of the world and their model of the world is designed for neatness entrepreneurs take a completely different approach which is the more counterintuitive or ridiculous the theory the more likely they are to entertain it because if it is true which it may well not be but if it is true it's disproportionately valuable precisely because of its non-obviousness i think that makes sense
36:34Rory Sutherland:i love that and we a key part of our sort of connection if you like is the entrepreneur community you know i came down to breakfast at the ideas fest uh event and you were you were right in front of me. And that optimism, that sort of innovative, I used that word disruptive earlier, that sort of lives in that entrepreneurial ecosystem is something that I've found really interesting and I thrive in, but I also wanted to bring up something. You can't be a pessimistic opportunist, can you? No. You see what I mean? I mean, it goes back to what you were saying. You're looking for something. There is no path.
37:07Rory Sutherland:Back to what you were saying earlier, there's no process. And I thrive in that environment. like kind of how am I going to how could I make that happen looking around you but have no idea how I'm going to get they're very good company aren't they they are good company I wanted to we touched on this just before we started filming funny observation by the way combining mental
37:24John Reynolds:health I hope I can say this but Dan Ariely the behavioral scientist says that when he deals with bureaucrats in other words people whose only interest is not the quality of the outcome or the value of the activity but the adherence to process or adherence to policy Dan said something very interesting he said when I deal with those people I kind of know what it's like to be autistic in the sense that I know what it's like to live in a world where you have a system of thought that is completely at odds with the people around you because he said it's so alien to me which is that you derive pleasure from stopping something happening on spurious kind of legalistic or technical grounds.
38:09John Reynolds:To him, it's so counter to his nature that he says, you know, this is literally an alien intelligence.
38:16Rory Sutherland:You know, it's so interesting you want an autistic side of things because I was going to bring up ADHD. Yeah. We touched on it just before we started filming. And I'm conscious of time. This is probably the last bit we can open up. Go on a little bit longer. But, yes, but this is really interesting. If we're going to talk about ADHD, it would be ridiculous to keep it to a tight schedule. Exactly. It wouldn't be very ADHD at all. And I've gone through my own personal journey with this, where at Ideas Fest last year, I started to show a real interest in the fact that there were so many people around me talking about it and saying it's because of their ADHD or this is why the ADHD allows them to have this hyper-focus, relentless energy.
38:54Rory Sutherland:It's very weird.
38:54John Reynolds:I think a lot of people with ADHD, because they also have this hyper focus thing, it's never occurred to them that they have ADHD because they're capable of supreme acts of concentration and therefore they reject the diagnosis. That's me. And I'm three months into being diagnosed. So I wanted to flip that to you. I've never been diagnosed. Having said that, I've never been tested. One daughter of mine has been. I don't see it as a problem, actually. I I see it as, okay, let's talk about Helen, oh, crikey, I need to remember her name. I think it's Helen Taylor at UCL. She's an academic who argues that neurodiversity is a natural evolutionary process in the sense that groups which contained no neurodiverse people would be at a disadvantage in the evolutionary environment because if everybody sees things the same way effectively your collective consciousness your collective information gathering and information processing would probably get stuck in a local maximum in other words you need other people to see the world differently sometimes to shake everybody out of their conformity and her argument is that we've evolved to be neurodiverse and it's a natural part of, you know, what makes us human and therefore diagnosing a minority mental state as necessarily something that needs to be medicalised.
40:24John Reynolds:No, this is really interesting. Because you could say, well, maybe it's the environment that's wrong. Totally. You know that interesting thing? Okay, are you using the ruler to measure the table or are you using the table to measure the ruler? I had a discussion once with Daniel Kahneman and it always amuses me to take a Nobel Prize winner and talk about something really trivial. about a speed camera on the M11 near Chigwell. And my argument is, if you have a speed camera that catches an unusual number of people, there are two possible interpretations. Either it's in the right place, because it's an area where loads of people speed, or it's actually in the wrong place, because what you've done actually near Chigwell on the M11 is you have a motorway where people are tooling down the M11 at 80 miles an hour.
41:02John Reynolds:They suddenly see a sign that says 50. And a couple of hundred yards further on, there's this bloody speed camera, which makes more money than all the other speed cameras in Essex. Now, I would argue that's either because the drivers are in the wrong or the signage is in the wrong place. In fairness, if you're going at 80 on a motorway, all your instincts say do not brake unexpectedly, do not do anything dramatic on a motorway because it's dangerous. And then you have a speed limit that demands that you decelerate very, very fast. And so your instincts come into conflict with the law and your instincts win.
41:36John Reynolds:And therefore, what the extraordinarily high rate of activation of that speed camera means is that you need to make you need to basically move the speed camera a bit down the road or the 50 mile an hour limit. That there's something wrong with the sign, not with the driver. The signage is at fault, not the driver. Now, equally, in the case of ADHD, you might well argue that it's a perfectly normal, healthy mental state, which is only made difficult because of the environment in which we insist people operate. ADHD. I mean, our environment is totally unnatural compared to what we've evolved for.
42:10John Reynolds:And so you might argue that all that is is effectively, in a sense, demonizing a natural human mental diversity which is supposed to exist simply because someone doesn't conform to a majority norm. On that. And we're generally not in favour of that in other fields like ethnicity or sexuality. So, you know, ask the same question. It's got the word disorder in it.
42:41Rory Sutherland:Yeah, I know. And so you said... It's a superpower, perhaps. And then you get told off for that. So this is the journey I've been on, right? So I have something that I've now been diagnosed with that's got the word disorder in. I've never felt... I've felt...
42:57John Reynolds:You know... I haven't tried to take a medication.
42:59Rory Sutherland:You made a load of money as a property developer. You seem perfectly fine. I don't feel like it's the superpower. I get I totally get the reference for that. I am relentless when I'm focused on something. You know, I have a disproportionate amount of energy compared to what other people might.
43:14John Reynolds:I would argue that the ability to concentrate for long periods of time on something that's boring and pointless, which is commonly found in bureaucrats, is a bigger disorder than the ability to get distracted from something that's a waste of time. I mean, you know, strict adherence to a kind of procedural neatness creates much more economic inefficiency than people with ADHD do, surely. No, I totally get it. The person from the council who can't make an exception, even though the context makes it absolutely obvious that the law doesn't shouldn't really apply. That's a far weirder and more annoying mind state, I would have thought.
43:55Rory Sutherland:but with your brain knowledge and all this incredible creativeness that you've got what would you call ADHD?
44:05John Reynolds:Well I mean it's painting a spectrum disorder isn't it I mean that's probably fair to say and undoubtedly it would be problematic in extremes as our other spectrum disorders I mean again bear in mind I'm you know I'm not a psychiatrist in any way this is where it becomes really interesting because there's a book written by a guy called joseph fishkin who's a law professor at ucla called bottlenecks and i'm planning to interview him as part of the bottlenecks podcast series fairly obviously as he's written a book called bottleneck and he argues that we've made this weird mistake which seems perfectly intelligent it's micro rational but macro stupid and what it is is we we're obsessed with equality of opportunity Now, the first requirement, if you like, of equality of opportunity is you apply the same criteria to everybody.
44:55John Reynolds:Now, the problem with that is it's notionally fair at the level of the individual, but it's collectively catastrophic because you overweight for certain qualities, like the ability to write essays or solve mathematical equations. And you underweight for other really valuable human attributes. so in other words the same you probably change the order of people in the queue a bit and make it a little bit fairer for people from slightly worse backgrounds but the problem is someone who's brilliant otherwise but happens not to be brilliant at the criteria you've determined should dominate the sorting process is at a completely unfair disadvantage now i'll do an analogy here okay if someone's really good at chess they're probably in some respect quite clever yeah i'd accept that can you say the opposite that someone who's bad at chess is stupid no now similarly if you take academia as a weird selection process like two one and above yes i think you can confidently say that someone who gets a two one assuming they haven't done grade inflation hasn't become completely insane i mean i was at oxford the visiting oxford go there for god's sake uh but i was visiting oxford the other day and you know about 40 percent of people get a first now now you know i was at cambridge obviously higher standards but when i was at cambridge it was you know there were there were subjects where like music where nobody had got a first for 25 years so there is great inflation but if you make that the criterion now yes it's probably fair that someone who can do well under those circumstances is both reasonably committed and pretty bright and capable and will make a desirable employee yeah fair i think that you know just as someone who's good at chess patently has some sort of special intelligence but can you make the opposite assertion which is someone who doesn't like writing essays about Thucydides is a bad employee no yeah and the advertising industry used to be very interesting in this front because you occasionally there are parts of the world where working in advertising was unbelievably unfashionable so you couldn't really recruit you know you know there you know there Parts of the world, Switzerland, famously, you were expected to go into banking or a large multinational.
47:08John Reynolds:So if you went into advertising, it was basically like saying, you know, my son's a crack addict or something. And so you had to recruit in a really imaginative, random way. And some of the people you recruited from completely non-standard sources turned out to be brilliant. There are a whole bunch of advertising millionaires who came into the industry with no degree entirely by chance. and so what we've done is we've we've privileged fairness of process over quality of outcome and i would argue that a good organization needs a mix of talents that are complementary that's how human society's evolved you know the you know the person in the tribe with adhd was probably a pain in the in some respects but disproportionately valuable in others same probably being for the person who as you know aspergic um there are plenty of inventors if you think about it are not neurotypical plenty of entrepreneurs are not at one stage let me get this right the majority i think it might have been all but three of the people on the board of tesco were dyslexic so you know at some level we've evolved as a social species and there's a kind of complementarity to that that and what we're doing instead is we're saying no no in order for for successful people to feel virtuous and that they've entirely deserved their success we must deploy this very narrow criterion for what it is to be legitimately successful which is you go through that academic channel and it's it's unbelievably it's a bottleneck exactly why fishkin called his book bottlenecks it's created this ludicrous bottleneck where there aren't even enough jobs for those people to begin with so it's a shit show you know now as i said people who aren't good at chess are not stupid people who are good at chess probably you know i'm going to accept the fact that some grandmaster although to be absolutely honest i wouldn't want to spend an evening in the pub with them they do have some really valuable mental capacity for pattern recognition memory whatever it may be i don't know but they're special but no you know and i'm saying that making academic attainment a criteria the sole criterion in the name of fairness is just as stupid as making chess the sole criterion i get that now interestingly in city trading there were cases i think where they looked for traders among backgammon players because it was a compliment it was kind of predictive ability the ability to think of different odds and different outcomes backgammon is actually a really interesting game and the ability to kind of think of diff effectively to think of five possible futures at the same time was just really valuable in that particular field that's breeding strategy isn't it that's creativity a guy called dave horrey an art director not a copywriter got a job in an ad agency because he turned up for an interview at nine o 'clock in the morning and he already finished the times crossword and actually they looked at his work i don't know what his work was like but the fact that he'd finished the times crossword before 9 a.m was basically okay good enough give you a try now actually you know people who are really good at word games you know sensible ad agency we probably should recruit a countdown champion every now and then or something like that and what we've done instead is we go no no it's got to be fair because if we start you know looking for different attributes um it will be unfair because one person can succeed on one basis and another person can succeed on another basis but but but we haven't got a we haven't got a frame of comparison so how can it be fair if we don't have a comparative frame of reference and it's it's actually it looks it looks intelligent through a very narrow pinhole once you take the bird's eye view of the whole thing it's stupid it's really really stupid
50:57Rory Sutherland:we are going to run out of time and you are unbelievable to listen to you are incredible to talk with thanks your brain undiagnosed by the way i've never i don't know i'm not diagnosing you and i'm complimenting you as a human being like but also that learned knowledge that you've got it's clear like you are someone if ever i need to go to a pub quiz with yeah just like you're
51:19John Reynolds:you're you must know the most random things the football questions would come up and i'd be absolutely use this is another point about a pub quiz team right what do you optimize for breadth yeah actually the pub quiz team is a very very good analogy i could not be on any although i I did once recognise Wayne Gretzky from a photograph, which was a bit weird. But I actually probably account really obscure sports, but football is totally boring. You know, this scandal about the West Midlands police refusing to police. I don't think they're going far enough. I'd refuse to allow anybody to attend any football match.
51:53John Reynolds:I think they should be because all it means. OK, how many other people think one of the most annoying things about being middle class in 2025 is you've got to pretend to be interested in football. I'm just not it means there are a load of annoying people on the train every time there's a bloody match oh my god it's so obvious football is far worse than smoking in terms of it's you know passive football nobody ever talks about that but it just brings massive annoyance to everybody else
52:19Rory Sutherland:this is where the other blokes should be able to tell me I'll fill in the football knowledge and I can't
52:23John Reynolds:I can't I think we should extend that West Midlands police policy to all football games that no fans should be allowed to attend because it's just annoying
52:33Rory Sutherland:Oh, I just realised my face is hurting from smiling and just being... I'm marinating in your voice. I don't want this to end, but it has to. But I'm going to just thank you for the speed of your brain and how busy you are with everything you do. You've made time to come and talk with me and educate me.
52:49John Reynolds:In truth, one of the great problems we've got is we've privileged rational argumentation as a mode of decision-making over anything else. Now, that brings me back to my Trump point. It's not like all the rational people solve the problem. I'm not defending him in general. I think he's a deeply, you know, disturbed and in many ways, you know, unattractive human being in all manner of ways. But his ability sometimes just to go in and do you remember his surgical use of the word? A really interesting approach, which Americans are not good at generally in terms of foreign policy, is attacking both sides.
53:26John Reynolds:you know they've been fighting each other for so long they don't know what they're doing and by the way that mirrors we were talking to a primatologist at nudge stock and there's an alpha male move uh in primatology which is two junior chimps are fighting okay and the big alpha male just goes in and bashes both of them now it's if you like it doesn't seem to be a sensible move by the sort of rational scheme of things. But for whatever reason, it's an instinctive manoeuvre which probably sometimes works. I've got to stop.
54:02Rory Sutherland:My face is hurting. And I can hear these guys all giggling and laughing behind camera. You are so awesome to speak with.
54:09John Reynolds:That's been a joy. Likewise. Yeah, absolutely. I think we've got a kind of Vulcan mind meld going on here. So, yeah, it's quite interesting. I love you.
54:16Rory Sutherland:You are electric. Thank you so much. Pleasure. What a joy. Thank you very much indeed. Thank you. Thank you. Thank you.
From the publisher
In this episode of Extraordinary Life Stories, John Reynolds talks with Rory Sutherland.
Rory is a British advertising executive. He is the vice chairman of the Ogilvy & Mather group of companies and social media sensation.
Sutherland writes a fortnightly column in The Spectator and has written several books, including Alchemy: The Power of Ideas That Don't Make Sense.



