Risky Business with Nate Silver and Maria Konnikova cover image

Mistakes and Unknowns: Election Polls, Poker Tournaments, and the NBA Finals

Risky Business with Nate Silver and Maria Konnikova

CHAPTER

Navigating Poker Tournaments with Rationality and Bold Moves

The hosts reflect on their progress in the tournament, discussing common mistakes, such as the sunk cost fallacy and being pot committed. They emphasize the importance of rational decision-making, taking calculated risks, and avoiding emotional impulses in order to succeed in poker tournaments.

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