Risky Business with Nate Silver and Maria Konnikova cover image

Amazing Frauds, Faking Your Own Death, and the Latest on the Election

Risky Business with Nate Silver and Maria Konnikova

CHAPTER

The Risks of Deception: A Study in Absurdity

This chapter explores the misguided attempts of a man to fake his own death, revealing his lack of foresight and the consequences he faced. It broadens the discussion to include the psychology of risk-taking in entrepreneurship and gambling, focusing on how overconfidence can lead to poor decisions. The anecdotes and historical references, including figures like John Law, highlight the complexities and pitfalls of fraud and the delicate balance of risk and reward in financial ventures.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner