The next pope will be chosen through a ritualized process involving secret ballots, smoke signals, and a lock-in at the Sistine Chapel. Nate and Maria talk about how the papal conclave works, and what it has to teach us about group decision-making and the dynamics of secrecy. They also discuss the studio deal for the new movie Sinners, and share their own top negotiating tips. Plus, they play a game of Would You Rather.

For more from Nate and Maria, subscribe to their newsletters:

The Leap from Maria Konnikova

Silver Bulletin from Nate Silver 

Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. 

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Subscribe on Pushkin: pushkin.fm/plus

The next pope will be chosen through a ritualized process involving secret ballots, smoke signals, and a lock-in at the Sistine Chapel. Nate and Maria talk about how the papal conclave works, and what it has to teach us about group decision-making and the dynamics of secrecy. They also discuss the studio deal for the new movie Sinners, and share their own top negotiating tips. Plus, they play a game of Would You Rather.
For more from Nate and Maria, subscribe to their newsletters:
<a href="https://mariakonnikova.substack.com/">The Leap</a> from Maria Konnikova
<a href="https://www.natesilver.net/">Silver Bulletin</a> from Nate Silver&nbsp;
<hr>
Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows.&nbsp;
Subscribe on Apple: <a href="http://apple.co/pushkin">apple.co/pushkin</a> Subscribe on Pushkin:&nbsp;<a href="https://www.pushkin.fm/join-pushkin">pushkin.fm/plus</a>

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.

Maria has a PhD in psychology and is the author of several books including, most recently, The Biggest Bluff. While researching the book, she inadvertently became a professional poker player, with over $500,000 in tournament winnings. She is a PokerStars Team Pro.

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, On the Edge, is about gambling and risk.

Risky Business is a co-production of iHeart Media and Pushkin Industries.

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.
Maria has a PhD in psychology and is the author of several books including, most recently, The Biggest Bluff. While researching the book, she inadvertently became a professional poker player, with over $500,000 in tournament winnings. She is a PokerStars Team Pro.
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, On the Edge, is about gambling and risk.
Risky Business is a co-production of iHeart Media and Pushkin Industries.

Risky Business with Nate Silver and Maria Konnikova

The Conclave, Sinners, and Negotiation Tips

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4794bdb6-96d4-4856-be30-b2cf015f266d/transcript

Nate and Maria are back in Las Vegas for the World Series of Poker 2025. They discuss a key rule change that will have a major effect on their strategy. Then, they’re joined by a Risky Business listener who gets a crash course in tournament play. Finally, they look back on their own early days at the WSOP.

For more from Nate and Maria, subscribe to their newsletters:

The Leap from Maria Konnikova

Silver Bulletin from Nate Silver 

Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. 

Subscribe on Apple: apple.co/pushkin
Subscribe on Pushkin: pushkin.fm/plus

Nate and Maria are back in Las Vegas for the World Series of Poker 2025. They discuss a key rule change that will have a major effect on their strategy. Then, they&rsquo;re joined by a Risky Business listener who gets a crash course in tournament play. Finally, they look back on their own early days at the WSOP.
For more from Nate and Maria, subscribe to their newsletters:
<a href="https://mariakonnikova.substack.com/">The Leap</a> from Maria Konnikova
<a href="https://www.natesilver.net/">Silver Bulletin</a> from Nate Silver&nbsp;
<hr>
Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows.&nbsp;
Subscribe on Apple: <a href="http://apple.co/pushkin">apple.co/pushkin</a> Subscribe on Pushkin:&nbsp;<a href="https://www.pushkin.fm/join-pushkin">pushkin.fm/plus</a>

This Year’s World Series Of Poker Is Different

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5647a008-4c3f-4564-9245-b2f90177432d/transcript

Elon Musk has left the Trump administration. Nate and Maria talk about his brief but influential tenure, and discuss why overconfidence is a particular problem for people like Musk. Plus, they answer a listener question about how the US government can make better decisions.

For more from Nate and Maria, subscribe to their newsletters:

The Leap from Maria Konnikova

Silver Bulletin from Nate Silver 

Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. 

Subscribe on Apple: apple.co/pushkin
Subscribe on Pushkin: pushkin.fm/plus

Elon Musk has left the Trump administration. Nate and Maria talk about his brief but influential tenure, and discuss why overconfidence is a particular problem for people like Musk. Plus, they answer a listener question about how the US government can make better decisions.
For more from Nate and Maria, subscribe to their newsletters:
<a href="https://mariakonnikova.substack.com/">The Leap</a> from Maria Konnikova
<a href="https://www.natesilver.net/">Silver Bulletin</a> from Nate Silver&nbsp;
<hr>
Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows.&nbsp;
Subscribe on Apple: <a href="http://apple.co/pushkin">apple.co/pushkin</a> Subscribe on Pushkin:&nbsp;<a href="https://www.pushkin.fm/join-pushkin">pushkin.fm/plus</a>

An Elon Musk Report Card

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/bad9ccf1-9219-4cd8-b6b0-b2f20156b37a/transcript

ChatGPT is amazing at many things…but it can’t seem to figure out poker. Nate and Maria explain why, and talk about the implications for artificial general intelligence. Plus, they discuss Trump vs. Harvard, round two.

Further Reading:

Silver Bulletin: ChatGPT Is Shockingly Bad at Poker

Harvard Derangement Syndrome, by Steven Pinker

For more from Nate and Maria, subscribe to their newsletters:

The Leap from Maria Konnikova

Silver Bulletin from Nate Silver 

Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows. 

Subscribe on Apple: apple.co/pushkin
Subscribe on Pushkin: pushkin.fm/plus

ChatGPT is amazing at many things&hellip;but it can&rsquo;t seem to figure out poker. Nate and Maria explain why, and talk about the implications for artificial general intelligence. Plus, they discuss Trump vs. Harvard, round two.
Further Reading:
Silver Bulletin: <a href="https://www.natesilver.net/p/chatgpt-is-shockingly-bad-at-poker">ChatGPT Is Shockingly Bad at Poker</a>
<a href="https://www.nytimes.com/2025/05/23/opinion/harvard-university-trump-administration.html">Harvard Derangement Syndrome</a>, by Steven Pinker
For more from Nate and Maria, subscribe to their newsletters:
<a href="https://mariakonnikova.substack.com/">The Leap</a> from Maria Konnikova
<a href="https://www.natesilver.net/">Silver Bulletin</a> from Nate Silver&nbsp;
<hr>
Get ad-free episodes, and get your questions answered in an exclusive weekly bonus episode, of Risky Business by subscribing to Pushkin+ on Apple Podcasts or Pushkin.fm. Pushkin+ subscribers can access ad-free episodes, full audiobooks, exclusive binges, and bonus content for all Pushkin shows.&nbsp;
Subscribe on Apple: <a href="http://apple.co/pushkin">apple.co/pushkin</a> Subscribe on Pushkin:&nbsp;<a href="https://www.pushkin.fm/join-pushkin">pushkin.fm/plus</a>

Why ChatGPT Sucks at Poker

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/251b0182-68b6-4d0a-a317-b2eb0181447b/transcript

The Conclave, Sinners, and Negotiation Tips

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