The Riskies Awards

The episode introduces the concept of the 'Riskies,' a humorous award series recognizing extraordinary decisions made throughout the year in various sectors like politics, business, and sports. Awards such as 'Hero Call of the Year' are handed out, with the example of ‘Theo, the French whale’, noted for placing a risky but ultimately profitable bet on Donald Trump's victory. This highlights the nature of risky decision-making, showcasing how bets on uncertain outcomes can yield significant rewards if executed correctly. The hosts stress the fun aspects of discussing the best and worst decisions of the year, highlighting that their awards create a playful way to analyze risk.