4min chapter

The Knowledge Project with Shane Parrish cover image

#1 Michael Mauboussin: When To Trust Your Gut

The Knowledge Project with Shane Parrish

CHAPTER

The Colony Blotto Game

The colonel blotto game was developed in the 19 twenties, originally. It's been resurrected in the last ten or 15 years and has some very interesting applications. The simple rules are that if you 're the stronger player, what you want to do in a head a head competition is simplify the game. In other words, have as few battlefields as possible so you're almost as sure that your skill will overwhelm that of your competitor’s resources. And then pam ins at battle. Whoever wins the most battles wins the war. That's the basic idea. Now, the formulation i just laid out with 101 hundred three, is basically rock paper scissors. But what's beautiful about

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