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Risky Business Preview

Risky Business Preview

Odd Lots · Nov 23, 2025

Nate Silver & Maria Konnikova launch "Risky Business," a podcast using stats, psychology, and poker strategy to analyze decision-making.

High-Stakes Poker Offers a Universal Framework for Making Better Decisions

The hosts of 'Risky Business,' both high-stakes poker players, use the game not just as a topic but as a core mental model. Poker provides a practical framework for understanding probability, risk management, and human incentives, which they assert can be applied to decisions in politics, business, and personal life.

Risky Business Preview thumbnail

Risky Business Preview

Odd Lots·3 months ago

Master Decision-Making by Combining Quantitative Analysis with Psychological Acumen

The podcast 'Risky Business' is built on the premise that superior decision-making arises from integrating two distinct worldviews: a rigorous, data-driven statistical analysis (represented by Nate Silver) and a deep understanding of human psychology (represented by Maria Konnikova). This fusion provides a more complete framework for evaluating choices under uncertainty.

Risky Business Preview thumbnail

Risky Business Preview

Odd Lots·3 months ago

The Same Mental Models for Geopolitical Strategy Can Improve Daily Personal Choices

'Risky Business' posits that analytical frameworks used to dissect complex systems like politics (e.g., game theory, expected value) are equally applicable to optimizing personal decisions. The show bridges the gap between macro-level strategic thinking and the micro-level choices that contribute to personal well-being.

Risky Business Preview thumbnail

Risky Business Preview

Odd Lots·3 months ago