2min chapter

#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities

The Tim Ferriss Show

notes

CHAPTER

The System One, System Two, System Three

His thesis is that we have two modes of thinking, whell. System one is like your intuitive, lik, if i ask you what's five plus five, you immediately know the answer is ten. Your system too, is the like conscious thinking. So if i was to ask you what 471 plus 88 is, it would be 560. Forgot the numbers now. Nine, 471 and 88. 488. Wat sa igo for sony. One, ye, nine, five, 5,5, five, five, 9, that right? 559, ih've no idea. Five is five hundredi cant imable. But poke is reaty

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Transcript

Episode notes

Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities | Brought to you by Wealthfront automated investing, Athletic Greens all-in-one nutritional supplement, and Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating. More on all three below.

Liv Boeree (@Liv_Boeree) is one of the UK’s most successful poker players, winning both European Poker Tour and World Series of Poker championship titles during her professional career. Before poker she studied astrophysics and now focuses her time as a TV host and YouTuber specializing in game theory, futurism, and rationality. She also gives seminars on high-stakes decision-making, and recently spoke at the annual TED conference about the application of poker thinking to everyday life. In 2014, she co-founded Raising for Effective Giving (REG), a nonprofit based upon the philosophies of effective altruism that has raised over $14,000,000 for its carefully selected list of maximally cost-effective charities.

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[06:41] Youthful obsessions.

[11:14] How poker entered the picture.

[18:55] The qualities that made Liv excel at poker from the start.

[27:22] Liv’s advice to a newcomer wanting to learn poker.

[34:04] What Liv’s eight-week poker education curriculum might look like.

[42:11] Failure points that might discourage someone during this curriculum.

[44:07] Red mist, white noise, and fast math.

[50:18] Volcano-induced tournament participation and self-regulation.

[59:07] A skeptic’s experiences with the unexplainable.

[1:14:59] How does Liv rationally coexist with these experiences?

[1:18:49] How to become a better skeptic.

[1:24:59] Inadequate Equilibria and Moloch.