Risky Business with Nate Silver and Maria Konnikova cover image

How to Gamble Like a Chess Player, with Jennifer Shahade

Risky Business with Nate Silver and Maria Konnikova

CHAPTER

Influence of Chess and Poker on Risk-Taking

This chapter explores how experiences in chess and poker have shaped the guest's approach to risk-taking in professional life, drawing parallels between poker, finance, negotiation, and decision-making. The importance of women in male-dominated fields embracing risk-taking is highlighted, along with discussions on probability calculations, handling rejection, understanding chances like pregnancy odds, and the impact of accurate decision-making based on statistics. The speakers emphasize the balance between caution and risk, shedding light on psychological attitudes towards wins and losses both in poker and real-life scenarios.

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