Winning vs. Losing
by Leo Guinan · updated 3mo ago
Winning vs. Losing
by Leo Guinan · updated 3mo ago
Talking about winning (even if we are identifying mistakes along the way to a win) is less painful than talking about losing, allowing new habits to be more easily trained. Identifying mistakes in hands I won reinforced the separation between outcomes and decision quality. These discussions also made me feel good about analyzing and questioning my
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Leo Guinan added 3mo ago
Where are the haters at?
Leo Guinan added 5mo ago
Now that I've won a slam, I know something very few people on earth are permitted to know. A win doesn't feel as good as a loss feels bad, and the good feeling doesn't last long as the bad. Not even close.
Leo Guinan added 5mo ago
One of my favorite quotes from Bobby Knight is: "The key is not the will to win...everybody has that. It is the will to prepare to win that is important" Everybody has the will to win. People don't have the will to practice.
Leo Guinan added 5mo ago
Second, being wrong hurts us more than being right feels good. We know from Daniel Kahneman and Amos Tversky’s work on loss aversion, part of prospect theory (which won Kahneman the Nobel Prize in Economics in 2002), that losses in general feel about two times as bad as wins feel good. So winning $100 at blackjack feels as good to us as losing $50
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