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Risky Business with Nate Silver and Maria Konnikova
Lessons from The River (Maria Interviews Nate About His Book)
Aug 15, 2024
Maria interviews Nate, an author whose recent book, "On the Edge," dives deep into risk-taking and decision-making. They discuss extreme risk-takers and their successes and failures, and Nate shares insights from betting a million dollars on sports. The conversation touches on the differences between analytical risk-takers like poker players and venture capitalists, and the societal implications of these behaviors. They also explore the intricate balance of luck and skill, using personal anecdotes to highlight the complexities of gambling.
43:08
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Quick takeaways
- Nate Silver's book contrasts the traditional 'village' approach of established institutions with the risk-taking 'river' community, highlighting diverse decision-making styles.
- The discussion emphasizes the dual importance of understanding expected value and acknowledging luck in evaluating risks for success in various fields.
Deep dives
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