Hello, boys and girls, ladies and germs. This is Tim Ferriss coming at you from a beautiful studio.

And I am going to introduce you to an interview, a conversation with three people in total that I've been trying to set up for a year, maybe longer than a year.

And it features both a new guest and a fan favorite. So the new guest is Richard H. Thaler. He is the 2017

recipient of the Nobel Memorial Prize in Economic Sciences for his contributions to behavioral

economics. There's a lot more to his bio, which I'll put in the blog post, but let's keep it

short. He is also a founding principal at Fuller

Thaler Asset Management, which uses behavioral finance to manage more than $30 billion in small-cap

U.S. equities. He is the co-author of multiple New York Times bestselling books, including

Nudge and Misbehaving. We'll have the subtitles in the show notes as well.

His new book, which is actually a revision of a lot of what he has done and it still holds water,

is the winner's curse, behavioral economics, anomalies, then and now co-authored with economist,

Alex O. Emis. My co-host for this conversation

with Richard is a friend of his, Nick Kaconis. Nick Koconis is an entrepreneur, investor, an author,

best known as the co-founder of the Alinea Group, sold in 2024, and the reservation platform

talk, which is now owned by American Express. He also

has some wild stories from trading derivatives and all sorts of craziness in Chicago. For that,

listen to my first conversation with him on the podcast. After revolutionizing how

restaurants and experiences are crafted, booked and managed, he is now focused on creative

ventures that blend

business, technology, and art. For both of these guys, a lot more I could say, but I'll put it in

the show notes. You can find both of them on X. You can find Richard at R- underscore Thaler, T-H-A-L-E-R,

and then Nick is at at Nick Koconis, K-O-K-K-O-N-A-S.

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