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December 13 - December 26, 2022
People failed to see what the world was telling them when that message wasn’t one they wanted to hear. They liked being the rulers of their environment. When the environment knew more than they did—well, that was no good at all. Here was the cruel truth: we humans too often think ourselves in firm control when we are really playing by the rules of chance.
persists. It’s called the description-experience gap. In study after study, people fail to internalize numeric rules, making decisions based on things like “gut feeling” and “intuition” and “what feels right” rather than based on the data they are shown. We need to train ourselves to see the world in a probabilistic light—and even then, we often ignore the numbers in favor of our own experience.
Our experiences trump everything else, but mostly, those experiences are incredibly skewed: they teach us, but they don’t teach us well.
“Real life consists of bluffing, of little tactics of deception, of asking yourself what is the other man going to think I mean to do,” von Neumann wrote. “And that is what games are about in my theory.”
Poker isn’t just about calibrating the strength of your beliefs. It’s also about becoming comfortable with the fact that there’s no such thing as a sure thing—ever. You will never have all the information you want, and you will have to act all the same. Leave your certainty at the door.
“You become a big winner when you lose,” Dan says. “Everyone plays well when they’re winning. But can you control yourself and play well when you’re losing? And not by being too conservative, but trying to still be objective as to what your chances are in the hand. If you can do that, then you’ve conquered the game.”
It makes sense that learning to lose in a game—to lose constructively and productively—would help me lose in life, lose and come back, lose and not see it as a personal failure. It resonates—but it’s a tough ask.
When it comes to learning, Triumph is the real foe; it’s Disaster that’s your teacher. It’s Disaster that brings objectivity. It’s Disaster that’s the antidote to that greatest of delusions, overconfidence. And ultimately, both Triumph and Disaster are impostors. They are results that are subject to chance. One of them just happens to be a better teaching tool than the other.
Poker is all about comfort with uncertainty, after all. Only I didn’t quite realize it wasn’t just uncertainty about the outcome of the cards. It’s uncertainty about the “right” thing to do. The only certain thing is your thinking.
Before any campaign, or, indeed, even minor military action, you need to evaluate the situation, the territory, the nature of the enemy. You can’t just plow ahead with one strategy because it worked in the past or you’ve seen someone else employ it successfully. Each time you act, you have to reassess based on what is now known versus what was known before. You need to have a process, a system, a plan—one that evolves with feedback.
What do you picture when you think of the most successful hunter in the animal kingdom? Likely a lion, or a cheetah, with its majestic run, or perhaps a wolf stalking its prey. They are all striking beasts. They are all powerful. They are all deadly. And none of them is even close to being the most successful. The cheetah comes in highest, killing approximately 58 percent of the animals it hunts. The lion is next, at less than half that—one quarter of its intended kills hit the mark. And the wolf captures only 14 percent of what it stalks. The true deadly killer is one that hardly anyone would
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“Choice of attention—to pay attention to this and ignore that—is to the inner life what choice of action is to the outer. In both cases man is responsible for his choice and must accept the consequences.”
You’re not lucky because more good things are actually happening; you’re lucky because you’re alert to them when they do.
says. Never do anything, no matter how small it may seem, without asking why, precisely, you’re doing it. And never judge anything others do without asking the same question.