
To Understand Risk - Play Poker
If you want to learn more about risk and probability, it’s a good idea to ante up.
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Show Notes
These days, it feels like everyone is thinking about risk. Is it a good idea to travel by airplane? Is it OK to visit parents? Is it safe to go to a park? But if you want to truly understand risk, it might be a good idea to turn to an unlikely source… poker. That’s according to Maria Konnikova, a journalist and author of the book The Biggest Bluff: How I Learned To Pay Attention, Master Myself, and Win. In writing the book, Konnikova set out to discover what poker can teach us about psychology, probability, and, yes, risk. She certainly didn’t set out to win over $300,000 playing professional poker... but sometimes a bet really pays off.