Statistician and writer Nate Silver talks about growing up obsessed with sports and the debate team, coming out while living abroad, the diversity of sports fans and poker players, sexism in poker, and the flow state of gambling under pressure. They also discuss immigrants as risk-takers, the morality of gambling, addiction, and the differences between Obama and Trump as poker players.
Poker attracts individuals who thrive on competition and high-pressure situations.
Risk-taking behavior is essential for progress and driving society forward in various fields.
Deep dives
Nate Silver discusses the appeal of risk-taking in poker
In this podcast episode, Nate Silver, a well-known statistician and writer, delves into the world of poker and explores why people are drawn to risk-taking activities like gambling. He highlights that for many, poker is not just a game but a challenging hobby where they expect to make money in the long run. The excitement of winning, the adrenaline rush, and the opportunity to compete are all factors that contribute to the appeal of poker. Nate also discusses the diversity in the poker community, mentioning the different ages, political views, and nationalities of players. He highlights the stark gender imbalance in poker, with women making up only a small percentage of players and often facing challenges such as misogyny. However, he also acknowledges the potential for women to challenge stereotypes and excel in the game. Overall, Nate argues that poker provides an outlet for risk-taking behavior and attracts individuals who thrive on competition and high-pressure situations.
The role of risk-taking in shaping society
Nate Silver's conversation moves beyond poker to explore the broader concept of risk-taking and its role in shaping society. He draws on the idea of 'people who go where the action is' and highlights how risk-takers have a significant impact on driving progress and taking society forward. Nate looks at risk-taking in various fields, including technology, medicine, and even space exploration, where individuals are willing to face high levels of stress and pressure to achieve their goals. He further discusses the need for a balance between risk-takers and risk-averse individuals in society, acknowledging that while men are often associated with risk-taking, there are women who possess the competitive drive and willingness to take risks. Nate emphasizes the importance of encouraging more women to pursue their ambitions and participate in risk-taking activities. He also points out the concern of increasing societal bifurcation, where risk-taking behavior is becoming concentrated in extreme ends, leading to clashes and divisions in society.
Gender dynamics and risk preferences in poker
Nate Silver addresses the gender dynamics and risk preferences observed in the world of poker. He acknowledges that certain risk preferences, such as higher testosterone levels in men, can play a role in making poker a predominantly male domain. However, Nate highlights that this should not be misconstrued as men being inherently better at the game. He emphasizes that poker encompasses both mathematical intelligence and people-reading skills, and women can excel in the latter aspect. Nate discusses the challenges that women face in the male-dominated poker community, including explicit remarks about their looks and criticisms of their playing style. He shares stories of successful female poker players who have defied stereotypes and achieved great success in the game. Nate suggests that fostering more competitive attitudes among women and combatting misogyny within the poker community can help address the gender imbalance and create a more inclusive and diverse environment.
Risk-taking as a form of recreation and personal growth
Nate Silver reflects on the personal motivations behind engaging in risk-taking activities like poker. He describes poker as a recreational pursuit that offers a unique blend of winning potential, competition, and active participation. For individuals like Nate, being involved in a hobby that can result in financial gains over the long run while providing an outlet for their competitive nature is highly appealing. He discusses the exhilaration of playing high-stakes poker and the impact it can have on one's nerves, highlighting similarities between risk-taking in poker and performing under pressure in other domains. Nate also explores how risk-taking activities can contribute to personal growth and provide valuable experiences and insights. He asserts that individuals who seek out action and take risks are often the ones who drive progress and make a difference in the world.
Nate is a statistician and writer focused on American politics and sports, and a longtime friend from the blog days. He was the founder and editor-in-chief of FiveThirtyEight, and now he writes his own substack, Silver Bulletin. He’s the author of The Signal and the Noise, and his forthcoming book is On the Edge: How Successful Gamblers and Risk-Takers Think (pre-order here).
For two clips of our convo — on the pluralism of gay social networks, why poker is so male — pop over to our YouTube page. Other topics: Nate growing up in the Midwest obsessed with sports and the debate team; the Best Little Boy in the World syndrome; coming out while living abroad; how the LGBT Society in 1999 was apolitical; gays as heterodox thinkers in media; the joys of code-switching; the diversity of sports fans and poker players; the sexism in poker; Maria Konnikova and Maria Ho; how a poker player can benefit from discrimination by defying stereotypes; Erving Goffman and risk-taking; testosterone; Nate grossing $750,000 in poker; the flow state of gambling under extreme pressure; how Gen Z is more risk-averse than older generations; immigrants as risk-takers; the morality of gambling; addiction; people peeing at slot machines; Fauci’s noble lie for masks; the Swedish model during Covid; effective altruism; Obama the poker player being cool under pressure vs. Trump’s impulsivity; Truman’s gambling mindset and Hiroshima; the online poker boom; how Nate doesn’t want to be known as the political forecast guy; the misconception of him as a partisan Dem; Will Stancil; how the economic perceptions of the public are usually accurate; Biden’s age; his people blaming the media for his problems; the convention option for switching nominees; the White House not boosting Kamala Harris; her flaming out before Iowa in 2020; Claudine Gay’s plagiarism; Twitter under Musk; and, yes, Angry Birds!
Browse the Dishcast archive for an episode you might enjoy (the first 102 are free in their entirety — subscribe to get everything else). Coming up: Jeffrey Rosen on the Stoics and happiness, Rob Henderson on class and “luxury beliefs,” Christian Wiman on resisting despair as a Christian, George Will on Trump and conservatism, and Abigail Shrier on why the cult of therapy harms children. Please send any guest recs, dissents, and other pod comments to dish@andrewsullivan.com.
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