TIP231: The Mind Of A World Poker Champion w/ Annie Duke (Business Podcast)
We Study Billionaires - The Investor’s Podcast Network
00:00
The Conflicting Beliefs of John Hennigan
John Hennigan wanted to take a break from Las Vegas and practice golf in Des Moines, Iowa. A group of people at the table believe that he can't live in Des Moines but John believes he could. They settle on a price because you always sort of put a price on your beliefs in these situations. The bet that they settle on is $30,000. So if John can last for 30 days in Des Moines,. he'll win $30,00. And if the group wins, meaning John comes home before 30 days, then they'll split $30k among themselves, John moves to Des Moines the next day.
Transcript
Play full episode
