A poker player told me the problem isn’t a bad hand or a great hand - it’s the good hand that keeps you at the table that gets you into trouble.
The traditional framing of this wisdom is "The 2nd best hand loses the most money"
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But, what about the 3rd best hand?
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Two times as easy to walk away from. And then the 4th best is three times as easy. So you lose geometrically less all things being equal.
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