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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We’re sharing a preview of another podcast, Deep Cover Presents: Snowball, that Maria participated in. Snowball follows journalist Ollie Wards as he unravels the wild story of how his family lost everything after their brush with a charming Californian con woman. He embarks on a question to find out how she did it, why she did it, and where she is now. Here’s a preview of Snowball. If you can’t wait to find out what happens, binge episodes of Deep Cover Presents: Snowball early and ad-free with a Pushkin+ subscription. Find Pushkin+ on the Deep Cover show page in Apple Podcasts or at pushkin.fm/plus.

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Here’s a preview of another podcast we enjoy, Odd Lots with Tracy Alloway and Joe Weisenthal.

Odd Lots has some of the most interesting conversations in finance, markets and economics, and every episode has the “perfect guest” – from truckers and bakers to portfolio managers and CEOs. As longtime financial journalists with a wide breadth of experience, Joe and Tracy dive into everything from poultry farming to AI valuations, as well as big questions about manufacturing, geopolitics, central banking and much more. New episodes drop on Mondays, Thursdays and Fridays wherever you get your podcasts.

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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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According to the science, it really is better to give than receive. Donating a dollar; sharing a kind word or lending someone a hand changes lives, but can also hugely boost your happiness. So we're teaming up with other podcasts from Hidden Brain to Revisionist History to ask you to give to a charity helping some of the poorest people around. We're calling it #PodsFightPoverty.

Go to givedirectly.org/happinesslab right now and give whatever you can. And the first $500,000 we donate will be matched thanks to our friends at Giving Multiplier!

Even a small donation will make you feel good and have a much larger impact on the world than you thought possible. To help inspire you, this special episode examines the science of giving and shares stories of heartwarming and impactful acts of kindness.

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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 Leap from Maria Konnikova

Silver Bulletin from Nate Silver

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