The Art of Deciding

Liv Boeree - champion poker player

9 snips
Nov 21, 2024
Liv Boeree, a champion poker player and podcaster, shares her journey from a significant loss in a TV poker finale to becoming one of the most successful female players ever. She discusses the importance of data in decision-making, highlighting that intuition must be backed by statistics. Liv also unpacks how competitive environments can be both beneficial and harmful, and emphasizes the need for a balance between rationality and emotional intelligence in making choices. Her insights resonate not just in poker, but in all high-stakes situations.
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ANECDOTE

Poker Beginnings

  • Liv Boeree, after graduating with an astrophysics degree, entered TV game shows, including a poker show.
  • Despite initially misreading the board and losing £100,000, this sparked her successful poker career.
INSIGHT

Poker's Evolution

  • Poker blends art and science; initially, intuition dominated, but online poker's data boom shifted the game.
  • Now, mathematically optimal strategies are crucial, though top players still combine study with intuition.
ADVICE

Intuition vs. Analysis

  • Don't solely rely on intuition, especially for big decisions; quantify uncertainty and analyze.
  • Intuition comes from experience, but can be miscalibrated, especially with limited data.
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