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Nate Silver on Risk-takers, Politicians, and Poker Players | Conversations with Tyler



In his second appearance, Nate Silver joins the show to cover the intersections of predictions, politics, and poker with Tyler. They tackle how coin flips solve status quo bias, gambling’s origins in divination, what kinds of betting Nate would ban, why he’s been limited on several of the New York sports betting sites, how game theory changed poker tournaments, whether poker players make for good employees, running and leaving FiveThirtyEight, why funky batting stances have disappeared, AI’s impact on sports analytics, the most underrated NBA statistic, Sam Bankman-Fried’s place in “the River,” the trait effective altruists need to develop, the stupidest risks Tyler and Nate would take, prediction markets, how many monumental political decisions have been done under the influence of drugs, and more.

Recorded July 22nd, 2024

Transcript and links:

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4 Comments

  1. Chapters (Powered by @danecjensen) –
    00:00 – Nate Silver discusses risktaking, new book
    00:24 – Millionaire Silicon Valley entrepreneur Peter Thiel
    02:25 – Im happy when Im bored
    03:17 – Energy, balance, and work goals for second half of life
    04:12 – Hustle for longterm success
    06:08 – Personality bias emotional, competitive, probabilistic
    09:14 – Gambling edge, sports betting, and sites
    11:09 – Gambling industry cynical and degenerate
    14:53 – Longterm equilibrium DraftKings piggybacks on sharp sites
    15:36 – Slot machines addictive, utilitarian, low income
    16:53 – Pokers history with game theory and strategy
    20:10 – Hedge fund hires expoker players with flaws
    24:25 – During 538s transition from ESPN to ABC, constant frustration led to losses
    26:37 – Incentivedriven work, boring sports
    30:36 – Swinging for fences overrated or underrated?
    30:47 – Luca Luca, Derek White, Jokic among underrated players
    32:17 – AI will improve sports analytics
    33:13 – Sports analytics NHL Stanley Cup winner, Florida Panthers assistant
    33:29 – Transition in sports, underrated rebounding
    35:07 – Team wins and circular logic in prediction markets
    37:12 – Bill Clintons risktaking fraud
    37:49 – Petersburg gambled with high risk of ruin
    41:21 – Trumps BS detection abilities fit with river peoples analytical skills
    43:04 – Analytical skills, street smarts, fathers influence
    43:32 – Sovietologists dataanalyzing skills inspire US politics
    44:48 – Risky activities submersible, helicopter, Costa Rica
    47:04 – Hedge fund and poker players cheat death
    51:52 – Psychedelics helpful or dangerous?
    53:08 – Former President Jimmy Carter explains low partisanship in US politics
    53:41 – A lot of bipartisanship, good times for US
    54:01 – Election era high polarization, incumbency, comedy
    58:42 – Demand for prediction markets may be shifting
    01:01:44 – Rarest anagram types analytical, competitive
    01:02:52 – Destinations Korea, Middle East, Israel
    01:03:12 – Challenges with writing books

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