The Angle from T. Rowe Price

The Investor’s Lie Detector with Susan Carnicero

September 9, 2026·22 min
Episode Description from the Publisher

In this episode of The Angle from T. Rowe Price, Justin Thomson, head of the T. Rowe Price Investment Institute, sits down with Susan Carnicero, a former CIA officer and expert in detecting deception. Drawing on two decades at the CIA, Carnicero explains how investors can ask better questions, recognize evasiveness, and uncover information management teams may not readily volunteer. She explores how confirmation bias can distort judgment and why open-ended questions, well-timed follow-ups, and knowing when to pursue an answer can generate better insights.

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