The Seen and the Unseen - hosted by Amit Varma Ep. 47: Poker and Stock Markets
Dec 18, 2017
Mohit Satyanand, ace investor, joins former poker pro Amit Varma to discuss how poker and stock markets reveal the flawed machinery of the human brain. They explore decision-making, the sunk cost fallacy, the Dunning-Kruger effect, survivorship bias, and the importance of self-reflection and hard work in these domains.
Chapters
Transcript
Episode notes
1 2 3 4 5 6
Introduction
00:00 • 2min
Decision Making in Poker and the Stock Market
02:15 • 11min
The Sunk Cost Fallacy: How Past Investments Impact Decision-Making
13:05 • 9min
The Dunning-Kruger Effect in Poker and the Stock Market
22:32 • 7min
Survivorship Bias in Investing and Poker
29:04 • 15min
Importance of Self-Reflection and Hard Work in Poker and Stock Markets
44:31 • 2min