- I think that only daring speculation can lead us further and not accumulation of facts. Albert Einstein
Learn to Play Poker
It entertains, always modern and very useful in life.
Poker will teach you on a gut level many of the key skills of decision-making, from distinguishing good opportunities from bad ones, to the best strategies for playing out those opportunities. Texas Hold ‘Em, in particular, balances luck with skill, strategy with tactics, mathematics with psychology, and internal discipline with social dynamics.
Poker teaches you to know when to give up, when to ride it out and when to double-down or go all-in. Understanding the dynamics of the fold-call-raise decision is critical when deciding the future of a project, employee or business.
Poker teaches you that not all well-made decisions result in successful outcomes, nor do all successes stem from good decisions.
In poker, you learn when to play a hand and when not to play. Your instinct, and its cauldron of psychological biases, may be convincing you to take the long-shot. But when you learn to sit and think it through, you’ll see that it’s far better to say no and miss an opportunity at a win, then to say yes too often and lose all your chips through attrition.
You have to learn this game!