# John Reeder of the Risk of Ruin Podcast | Sponsored by Novig

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Text version: https://stenobird.com/podcast/bet-the-process-809988/john-reeder-of-the-risk-of-ruin-podcast-sponsored-by-novig.md
Podcast: [Bet The Process](https://stenobird.com/podcast/bet-the-process-809988)
Published: 2025-12-10T22:52:12+00:00
Episode link: https://soundcloud.com/bettheprocess/john-reeder-of-the-risk-of-ruin-podcast
Audio file: https://feeds.soundcloud.com/stream/2227516313-bettheprocess-john-reeder-of-the-risk-of-ruin-podcast.mp3
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JSON: https://stenobird.com/v1/public/podcasts/bet-the-process-809988/episodes/john-reeder-of-the-risk-of-ruin-podcast-sponsored-by-novig
Duration seconds: 3782

## Resource

This week on Bet the Process, creator and host of the Risk of Ruin podcast John Reeder joins and discusses his journey into advantage play, his analysis of Long-Term Capital Management's failure and the broader implications for modern Wall Street, and reflects on teaching probabilistic thinking to children.

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## Transcript

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