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Known Costs, Unknowable Benefits

One of the things poker teaches is that we have to take satisfaction in assessing the probabilities of different outcomes given the decisions under consideration and in executing the bet we think is best. With the constant stream of decisions and outcomes under uncertain conditions, you get used to losing a lot. To some degree, we’re all outcome ju
... See moreAnnie Duke • Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts
Skin-in-the-game, bigger-than-self purpose I think is an open secret life hack (up there with jhanas and finding a baseline happy life partner).
It’s so good that I felt cheated when I (finally) became a founder. I thought “why did everyone tell me this is hard instead of telling me this is a life hack?”
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