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The Knowledge Project with Shane Parrish cover image

#89 Maria Konnikova: Less Certainty, More Inquiry

The Knowledge Project with Shane Parrish

NOTE

The Importance of Luck and Long-Term Skill in Poker and Life

The game of poker teaches that in any given hand, luck can lead to anyone winning, but over the long term, skill emerges triumphant as long as one doesn't face extreme bad luck initially. This insight extends to life, where luck may play a role in immediate outcomes but skill prevails in the long term, highlighting the impact of luck in shaping one's circumstances and potential. The realization leads to a reduced tendency to be judgmental towards others, as it underscores the influence of luck in early circumstances that individuals may not have control over.

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