poker

“What I'd been doing in graduate school actually had been incredibly helpful for me in poker and could be helpful in general to understanding how do you make decisions, you know, particularly under conditions of uncertainty.”

“And despite the fact that when I was in graduate school, I was taught that learning occurs when there's lots of feedback tied closely in time to decisions and actions, I realized, well, poker really tells you that's not true, because people don't play poker ve…”

“Poker has all the same principles that I think make a good investor, except what's amazing about poker is you learn them much faster. The concepts of pot odds, And money management, and basically process over outcome.”

“So the way I think about the difference between complicated and complex would actually be the difference between chess and poker. So a complicated decision is one that's hard. It's got a lot of levels. It's very deep, but there is a solution. So whatever groun…”

“I think it was a huge mistake for me to leave academia and become a poker player.”

“In poker, there's game theory optimal play, and there's exploitative play, and the biggest winners are the ones who exploit.”

“In fact, I would argue that most of the skill would go out of poker if you didn't have the option to quit and couldn't get good at exercising. That option.”