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Tim Ferriss · 2025-10-14

Richard H. Thaler — The Winner’s Curse and Going Against the Establishment (with Nick Kokonas)

Richard H. Thaler — The Winner’s Curse and Going Against the Establishment (with Nick Kokonas)

Recommended on this episode

BookRecommendedISBN verified

The Undoing Project

Michael Lewis

“I recommend that book. It's an easy read.”
“an amazing book Michael wrote was about Conorman and Tverki called The Undoing Project... if you're curious about those two people... I recommend that book. It's an easy read.”— Richard H. Thaler
BookRecommendedISBN verified

Thinking, Fast and Slow

Daniel Kahneman

“It's a great book”
“I don't think it's as hard as thinking fast and slow, which was tough. It's a great book, but it's dense.”— Richard H. Thaler

The guest's own work

BookBy the guestISBN verified

Nudge

Richard H. Thaler

“new employees now joined 90% instead of 50%. I wrote a book called Nudge, and that's an example of a nudge.”— Richard H. Thaler
BookBy the guestISBN verified

Misbehaving

Richard H. Thaler

“I was reading in preparation for this a bunch of his old source material papers like I've read Nudge I read misbehaving and all of these”— Tim Ferriss
BookBy the guestISBN verified

The Winner's Curse: Behavioral Economics, Anomalies Then and Now

Richard H. Thaler

“Take the concept of the winner's curse. This is an obvious move on my part since I have a new book that's called the winner's curse.”— Richard H. Thaler

Also referenced (named, not recommended)

BookReferencedISBN verified

Moneyball

Michael Lewis

“You can think of Michael Lewis's book Moneyball. It's the same field.”— Richard H. Thaler
BookReferencedISBN verified

The Big Short

Michael Lewis

“everybody knows Michael Lewis and Moneyball and many of his other books like The Big Short, my favorite movie.”— Richard H. Thaler
MediaReferenced

The Big Short

Adam McKay (inferred)

“many of his other books like The Big Short, my favorite movie. People don't realize I'm a I have a cameo in that movie.”— Richard H. Thaler
MediaReferenced

The Hunger Games (audiobook)

Suzanne Collins (inferred)

“she gave them the Hunger Games audio book and they could only listen to it when they were on the treadmill.”— Richard H. Thaler