Risky Business Preview

0:01Hey, Joe and Tracy here. We're stopping by to share with you another podcast we think you'll really enjoy and find to be insightful, sharp, sharp, and entertaining. From Pushkin Industries, it's called Risky Business, and it's hosted by our friends Nate Silver and Maria Konnikova. Right. You might remember Nate and Maria from when they joined us last year to talk about political prediction markets. We were talking about how they work, how accurate they actually are, and what they can tell us about election campaigns and their outcomes. Or you might be familiar with their work. Nate's the founder of FiveThirtyEight, an esteemed journalist and a political analyst.

0:34Maria has a Ph.D. in psychology and is a New York Times bestselling author. and they're both high-stakes poker players, so they know a thing or two about taking risks, making bets, and calling out bluffs. On Risky Business, they look at how decisions are made, and they break down the odds, incentives, and risks behind the headlines to understand who's making moves and why. So they look at everything from politics to sports to personal decisions, AI hype, electoral races, and of course, reality TV. Enjoy this preview of Risky Business, and if you like it, find Risky Business wherever you get your podcasts.

1:08New episodes released twice a week on Wednesdays and Saturdays.

1:18Hey everyone, I'm Maria Konnikova. I'm Nate Silver. And this is... And this is... Wait, what? I'm Maria Konnikova. I'm Nate Silver. And this is Risky Business. A show about making good decisions. We did it. We're so good. We're so smart. This podcast is going to be amazing.

1:47So Nate, I'm really excited to be hosting this show with you because you're a statistician. You're someone who comes at the world from a very rigorous, logical, mathematical perspective. And I think that this is just such a beautiful perspective to look at risk and risky decision-making. And Maria, I'm excited to be hosting with you. I You're also a PhD in psychology. You've written multiple bestselling books. You have worked for The New Yorker. You're a little bit more even keeled than I am too, which sometimes is a great influence on me. Plus, obviously, we're both poker players and we've both won and, as you always point out, lost hundreds of thousands of dollars in the world of poker tournaments.

2:28And so that's a lens that we're going to be using to approach this entire show, because poker isn't just about playing cards. It's about making good decisions. It's about a framework for thinking about the world. And in risky business, that's what we're going to be doing. We're going to be helping our listeners understand decision-making using this framework. So what exactly are we going to be talking about? Well, obviously, we're going to be talking about poker and the world of gambling. We'll be talking about politics in the news as well. Look, We'll talk about the probabilities there, as well as tactics and strategy around politics and current events.

3:07How do things like expected value or game theory affect decisions that affect all of our lives? And obviously, we'll also be talking about the more personal elements, psychology, philosophy, and the decisions that we make in our daily lives that don't have anything to do with the news but have everything to do with living well. This show is a co-production of Pushkin Industries and iHeartMedia, and it's available wherever you want to listen.