The One Percent Show with Vishal Khandelwal

Ep. 26 – Annie Duke on Why Life is Like Poker, Anatomy of Decision Making, and the Power of Quitting

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Nov 18, 2022
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ANECDOTE

Accidental Poker Career

  • Annie Duke's academic career was interrupted by health issues, leading her to poker.
  • Initially a temporary income source, poker became an 18-year career with significant wins.
INSIGHT

Woman in Poker

  • Being a woman in poker presented unique challenges, including sexism and being labeled "lucky."
  • Duke learned to use stereotypes to her advantage, exploiting opponents' assumptions about her play.
INSIGHT

Poker vs Chess

  • Life, like poker, involves hidden information and luck, unlike chess, which is purely calculation.
  • Game theory, the study of decision-making under uncertainty, was developed based on poker, not chess.
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