The famous John Cochrane grumpy economist. Taken from the grumpier (and much better) economist, John Cochrane. (https://www.grumpy-economist.com)

“Every talk is a job talk”

  • A job talk is a talk that can get you a job (or lose it).
  • You never know who is listening or who they might tell.
  • If you convene more than three people… it’s a job talk.
  • It is selfish to slap it together. Your time saved becomes their time wasted.

“It’s about two minutes a slide”

  • You don’t speak as fast as you think you do. (Or you shouldn’t.)
  • Save a third of time for questions.
  • At two minutes a slide, 20 minutes is 10 slides. Not much! This is good news.

“People can focus on one thing.”

  • People are either listening to you or reading all that text. Not both.
    • If you want them to listen, don’t distract them with text.
    • If you want them to read… why give a presentation?
  • So slides should be text-light.
  • Bullets just tell people where you are in the talk. Consider single words.

Industry is different

  • Finance or consulting presentations follow different rules.
  • They are full of text because they are meant to be read later.
  • If you sit for one of these, notice they do not even go through much of the presentation.

Acknowledgments

  • Grad school
  • UCLA theory proseminar
  • A particular professor of asset pricing