<p>Risky Business is a weekly podcast about making better decisions. The hosts, Maria Konnikova and Nate Silver, are both journalists who moonlight as high-stakes poker players. On Risky Business, they bring their analytical framework to everything from politics to poker to personal decisions.</p> <p>Maria has a PhD in psychology and is the author of several books including, most recently, <em>The Biggest Bluff</em>. While researching the book, she inadvertently became a professional poker player, with over $500,000 in tournament winnings. She is a PokerStars Team Pro.</p> <p>Nate is the founder and former editor-in-chief of FiveThirtyEight, and one of the country’s leading election forecasters. He has over $800,000 in lifetime poker tournament winnings and his forthcoming book, <em>On the Edge</em>, is about gambling and risk.</p> <p>Risky Business is a co-production of iHeart Media and Pushkin Industries.</p>
In the final episode of Risky Business, Nate and Maria check in on the predictions they made back in January for 2025, and then talk about what they think might be in store in 2026.
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We look back at Nate and Maria’s interview with former professional poker player Vanessa Selbst—the only woman ever to reach the number one ranking on the Global Poker Index. They discuss her experiences playing poker, her move into the world of finance, and why, at her first job after poker, she kept a giant bag of pennies underneath her desk.
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Every year, the World Happiness Report comes out and the Nordic countries rejoice. Just kidding – sort of. Small, homogenous countries like Finland (2025’s happiest country) often top the list. But what does that really mean? Nate and Maria dive into the methodology of this research. As well as what it reveals (and doesn’t) about happiness.
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When Nate’s book “On The Edge” released in 2024, Maria interviewed him about why he wrote it and what we can learn from the enigmatic risk-loving community he calls The River.
Get your copy here
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We’re closing out the year with some of our (and your) favorite episodes to date. First up: Nate and Maria’s conversation with Philadelphia 76ers President of Basketball Operations Daryl Morey about bringing game theory and probabilistic thinking to the NBA.
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Nate and Maria give out their second annual awards for decision-making in 2025: Who made the best decision this year? Who made the worst? Who were 2025’s biggest nits and degens? And which host had the best poker year?
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Nate has ridden in a Waymo, and it was like stepping into the future. Maria’s never been in one, but she’s been stuck behind a lot of autonomous vehicles… They swap human-driven car horror stories and discuss some of the risks and benefits of a future full of self-driving cars.
From the New York Times: The Data on Self-Driving Cars Is Clear. We Have to Change Course.
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Maria finally gets to reveal a project she’s been working on that’s been kept under wraps, and then it’s movie night on Risky Business! Nate and Maria talk about their favorite poker movies and explain why portrayals of poker for a movie audience often don’t get the game quite right. Plus, they share what poker movie they’d like to make and who’d play them in it.
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Nate and Maria game out the comparative benefits (and risks) of flying vs. driving vs. taking the train when traveling for the holidays. They also discuss Olivia Nuzzi’s new memoir, her ex-fiancé Ryan Lizza’s substack revelations about her, and the current state of journalistic ethics.
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This week we answer a question from listener Brandon, who’s noticed a rise in performance-enhancing drugs outside of sports. Nate and Maria discuss their own philosophies on PEDs, their impact on equilibriums, and what people risk when they decide to juice.
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The WSOP’s NO LIMIT docuseries has been scrubbed from the internet following revelations that it includes AI-generated content, despite creator Dustin Ianotti’s explanation that the material “tracked closely” with other quotes and was only used for “faster scene transitions and narrative pacing."
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