6min chapter

Capitalmind Podcast cover image

The creator economy with Amit Varma, and lessons from Deepak's book Moneywise

Capitalmind Podcast

CHAPTER

What's the Second Lesson in Poker?

In the real world, where poker right now is that any good player will a mix up to the extent that it's as close to game theory optimal as possible. The idea there is that i construct my range in such a way that when i give you three to one odds, 25 % of my hands are blov heb bluffs. And the rest or valley vines. So it doesn't matter what you do. If you play perfectly, i break even. But if you call too much or fold too much, i make money in the long run. You're looking at everything in the longrun. A lot of people tell me this, thep i've made 200% on

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