TIP231: The Mind Of A World Poker Champion w/ Annie Duke (Business Podcast)
We Study Billionaires - The Investor’s Podcast Network
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The Importance of Beliefs in Bets
CNN's John Sutter tells the story of a gambler who bet $15,000 that he could stay in Des Moines for 30 days. When you state something with too much confidence, what thinking about it as a bet does is remind you to pay attention to your own level of uncertainty. "What betting does is it asks you how sure am I? Sounds like not so much of a distinction, but it's actually quite a significant distinction," says Sutter.
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