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4min chapter
RWH015: Betting Better in Markets & Life w/ Annie Duke
We Study Billionaires - The Investor’s Podcast Network
Playing Poker
When you experience betting that dollar even money where you're three to two favorite and you lose, that is a whole different animal. I would actually amend what Ed Thork said about unless you have a rational reason to win that you have an edge. So one of the things that we need to realize is that every day that we wake up and we're looking at our portfolio is a day that we could sell everything in our portfolio. And so the decision not to sell is saying, I believe I still have an edge going forward.
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