2min chapter

#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities

The Tim Ferriss Show

notes

CHAPTER

Is This So Bad, I'm Trying to Cut Back on My Caffin and This Is the Price I Pay?

i asked you before we started, what color would you prefer? Black, blue, orange, or, i think it was yellow. My very first album i ever bought was on caset tape, and it was master of puppets. And can you guess i bring up metallica? Well, they were my love that bordered on unhealthy obsession from the ages of 16 to 22. Ah, greatnoise ynis choice very vera, because my first, now ere really getting off track, yer, but that's ok. There is no track. This is so bad, ied, i'm trying to cut back on my caffin, and this is

00:00

Transcript

Episode notes

Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities | Brought to you by Wealthfront automated investing, Athletic Greens all-in-one nutritional supplement, and Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating. More on all three below.

Liv Boeree (@Liv_Boeree) is one of the UK’s most successful poker players, winning both European Poker Tour and World Series of Poker championship titles during her professional career. Before poker she studied astrophysics and now focuses her time as a TV host and YouTuber specializing in game theory, futurism, and rationality. She also gives seminars on high-stakes decision-making, and recently spoke at the annual TED conference about the application of poker thinking to everyday life. In 2014, she co-founded Raising for Effective Giving (REG), a nonprofit based upon the philosophies of effective altruism that has raised over $14,000,000 for its carefully selected list of maximally cost-effective charities.

Please enjoy!

This episode is brought to you by Wealthfront! Wealthfront pioneered the automated investing movement, sometimes referred to as ‘robo-advising,’ and they currently oversee $28 billion of assets for their clients. It takes about three minutes to sign up, and then Wealthfront will build you a globally diversified portfolio of ETFs based on your risk appetite and manage it for you at an incredibly low cost.

Smart investing should not feel like a rollercoaster ride. Let the professionals do the work for you. Go to Wealthfront.com/Tim and open a Wealthfront account today, and you’ll get your first $5,000 managed for free, for life. Wealthfront will automate your investments for the long term. Get started today at Wealthfront.com/Tim.

This episode is also brought to you by Eight Sleep! Eight Sleep’s Pod Pro Cover is the easiest and fastest way to sleep at the perfect temperature. It pairs dynamic cooling and heating with biometric tracking to offer the most advanced (and user-friendly) solution on the market. Simply add the Pod Pro Cover to your current mattress and start sleeping as cool as 55°F or as hot as 110°F. It also splits your bed in half, so your partner can choose a totally different temperature.

And now, my dear listeners—that’s you—can get $250 off the Pod Pro Cover. Simply go to EightSleep.com/Tim or use code TIM at checkout.

This episode is also brought to you by Athletic Greens. I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1 by Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system.

Right now, Athletic Greens is offering you their Vitamin D Liquid Formula free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit AthleticGreens.com/Tim to claim this special offer today and receive the free Vitamin D Liquid Formula (and five free travel packs) with your first subscription purchase! That’s up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive all-in-one daily greens product.

[06:41] Youthful obsessions.

[11:14] How poker entered the picture.

[18:55] The qualities that made Liv excel at poker from the start.

[27:22] Liv’s advice to a newcomer wanting to learn poker.

[34:04] What Liv’s eight-week poker education curriculum might look like.

[42:11] Failure points that might discourage someone during this curriculum.

[44:07] Red mist, white noise, and fast math.

[50:18] Volcano-induced tournament participation and self-regulation.

[59:07] A skeptic’s experiences with the unexplainable.

[1:14:59] How does Liv rationally coexist with these experiences?

[1:18:49] How to become a better skeptic.

[1:24:59] Inadequate Equilibria and Moloch.