Infopunk #3 – Poker Pros, Great Investors and Software Conglomerates
Adam Grant • PrinciplesYou From Ray Dalio
who had a rapid run of success in poker tournaments between 2015 and 2018 before leaving to go into effective altruism–related jobs.
Nate Silver • On the Edge: The Art of Risking Everything
They write, “The observed differences in ROIs are highly statistically significant and far larger in magnitude than those observed in financial markets where fees charged by the money managers viewed as being most talented can run as high as three percent of assets under management and thirty percent of annual returns.” Success in poker, in other w
... See moreMaria Konnikova • The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and Win
In the United States, we live in a very results-oriented society. If someone is rich or famous or beautiful, we tend to think they deserve to be those things. Often, in fact, these factors are self-reinforcing: making money begets more opportunities to make money; being famous provides someone with more ways to leverage their celebrity; standards o
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