3min snip

Risky Business with Nate Silver and Maria Konnikova cover image

Taking Risks in Business, Poker, and Life (with Bill Perkins)

Risky Business with Nate Silver and Maria Konnikova

NOTE

Stay in the Game to Win

Successful poker players understand that the key to longevity in the game is not just mastering risk-reward dynamics but also ensuring they avoid ruination. Many players mistakenly celebrate multiple bankruptcies as badges of honor, yet they fail to recognize that enduring success depends on staying in the game. Notable poker players, like Eric Seidel, exemplify how it is possible to avoid going broke and instead focus on sustainable growth. Emotional resilience plays a critical role in risk-taking; those unwilling to confront the potential shame of failure often hesitate to embrace necessary risks in their careers. Ultimately, true mastery involves continuous learning, commitment to the craft, and a willingness to engage in high-stakes risks without being deterred by the fear of public perception.

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