You get stronger by lifting weights. If you don’t use your muscles, they get weaker. The same holds true for your risk muscle.
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Replying to @tommycollison
There's an interesting kind of de-risking muscle, which is taking something that appears (or is) risky for most or all other people, and figuring out how to lower the risk. I found "Free Solo" striking in part because it was all about Alex Honnold de-risking as much as possible
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Replying to @michael_nielsen @tommycollison
Put another way: many people who appear very much into taking risks are actually very much into de-risking, & quite risk averse.
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Replying to @michael_nielsen @tommycollison
I feel like entrepreneurship and poker are two fields in which this distinction comes up quite a lot. "You think I'm shoving because I want variance to increase the strength of my hand? No, I'm shoving because I understand how unlikely that is."
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Peanut gallery: "Shoving" means betting all of your remaining chips (which, crucially, does not mean "betting all of your money"; failure != financial ruin). A reason to shove when one believes one has objectively the worse hand is that your opponent doesn't know your hand.
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What’s the best book about poker for someone who’s played poker twice?
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I don't have a strong recommendation there.
@JoshDoody or@thinkingpoker might?2 replies 0 retweets 0 likes
Strategy or non-strategy? _The Biggest Game in Town_ is an all-time great. For strategy, I'd pick any of Ed Miller's recent introductory books.
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