31 Lessons on Decision-Making, Reading Books, Poker, Mentorship, and Luck [THREAD]
Inspired by the conversation between @mkonnikova and @ShaneAParrish on @farnamstreet's The Knowledge Project.
Quotes and Lessons 👇🏼
Inspired by the conversation between @mkonnikova and @ShaneAParrish on @farnamstreet's The Knowledge Project.
Quotes and Lessons 👇🏼
Maria's mentor is poker legend @Erik_Seidel.
The best mentors:
• Probe your thought process.
• Are elite at what they do.
• Understand clearly what they know and don't know.
• Introduce you to other mentors who know certain things better than they do.
The best mentors:
• Probe your thought process.
• Are elite at what they do.
• Understand clearly what they know and don't know.
• Introduce you to other mentors who know certain things better than they do.
Real-life lessons from poker:
• Focus on process over outcome.
• Respect the law of large numbers.
• Analyze your decision-making process after the fact.
• Have skin in the game, assign a monetary value to your opinion.
• Tighten your feedback loops, learn from every hand.
• Focus on process over outcome.
• Respect the law of large numbers.
• Analyze your decision-making process after the fact.
• Have skin in the game, assign a monetary value to your opinion.
• Tighten your feedback loops, learn from every hand.
Decision-making lessons from Sherlock Holmes:
• Decisions are part rational, part emotional. So, employ a rational approach to emotions.
• The best decision-makers are mindful of their emotions, ask if it's instrumental to their decision, then dismiss it or listen to it.
• Decisions are part rational, part emotional. So, employ a rational approach to emotions.
• The best decision-makers are mindful of their emotions, ask if it's instrumental to their decision, then dismiss it or listen to it.
Decision-making lessons from Sherlock Holmes (cont):
• Most people only see. Instead, seek to see and observe.
• Three-pipe problems: don't rush to solve every problem - pause, smoke three pipes, and think about it. It may solve itself.
• Less certainty, more inquiry.
• Most people only see. Instead, seek to see and observe.
• Three-pipe problems: don't rush to solve every problem - pause, smoke three pipes, and think about it. It may solve itself.
• Less certainty, more inquiry.
How @mkonnikova reads:
• Read to write. Write to learn.
• Read actively - underline, highlight, and write down every question that comes to mind.
• Read the classics: she read Von Neumann on Game Theory and Harrington on Hold' Em
• Read broadly: nonfiction, fiction, poetry.
• Read to write. Write to learn.
• Read actively - underline, highlight, and write down every question that comes to mind.
• Read the classics: she read Von Neumann on Game Theory and Harrington on Hold' Em
• Read broadly: nonfiction, fiction, poetry.
Now I'm diving into everything @mkonnikova has written:
Her book on thinking like Sherlock Holmes: amazon.com/dp/B00AO3K00I/…
Her newest book The Biggest Bluff: amazon.com/Biggest-Bluff-…
And be sure to check out her conversation with @ShaneAParrish here:
open.spotify.com/episode/5QIbpO…
Her book on thinking like Sherlock Holmes: amazon.com/dp/B00AO3K00I/…
Her newest book The Biggest Bluff: amazon.com/Biggest-Bluff-…
And be sure to check out her conversation with @ShaneAParrish here:
open.spotify.com/episode/5QIbpO…
