Okay, almost no posts in the last calendar year, and now 3 in one day, wtf...........stfu.
Anywho, I have been thinking a lot more about networking.............when I say networking, I am thinking about all types, business, social, hobby, career, etc............I know that in the past when I have spent time on networking, it has been fruitful, not always in the manner in which I intended, but you get the second order effects that Nassim Taleb discusses in his books.
I see something like this as a venture with unlimited upside.............we shall see.
Tuesday, July 5, 2011
Risks......lmao
The longer I have been an advantage player, the more I notice certain things in life that seem ridiculous.
People in general don't understand risk or evaluate it correctly. Pretty much everyone is guilty of this in some respect and all we can really do is hope to realize it and adjust as much of it as possible.
In the past week, I have had conversations with people about others that are willing to take outlandish risks with potential harms to themselves and their family without considering or even stressing out about those risks..............mind you, these risks have a non-0 upside, but its really small, too small to measure. On the other hand, the same folks will worry endlessly about other risks that are inconsequential..............now, I am not talking about dread risk type stuff...........that stuff has some validity in life, I am talking about small stuff that shouldn't even register as risk.
People in general don't understand risk or evaluate it correctly. Pretty much everyone is guilty of this in some respect and all we can really do is hope to realize it and adjust as much of it as possible.
In the past week, I have had conversations with people about others that are willing to take outlandish risks with potential harms to themselves and their family without considering or even stressing out about those risks..............mind you, these risks have a non-0 upside, but its really small, too small to measure. On the other hand, the same folks will worry endlessly about other risks that are inconsequential..............now, I am not talking about dread risk type stuff...........that stuff has some validity in life, I am talking about small stuff that shouldn't even register as risk.
Nobody thinks.........they just do
More and more I have been encountering real life examples as well as literature that notes that people don't make decisions/choices based on factual evidence, but on their own biases and opinions, regardless of what the evidence.
This somewhat shocks me from the point of view of someone who is a fan of economic theory.........we are all supposed to be incentivized to make the best choices for ourselves, but more and more it appears that this it he furthest thing from the truth.
While I still have no intention to point this out to anyone other than my readership (which is somewhere between 0 and less than 0), I do want to make note of this for my own life to ensure that I am at least considering the available info before doing whatever.
This somewhat shocks me from the point of view of someone who is a fan of economic theory.........we are all supposed to be incentivized to make the best choices for ourselves, but more and more it appears that this it he furthest thing from the truth.
While I still have no intention to point this out to anyone other than my readership (which is somewhere between 0 and less than 0), I do want to make note of this for my own life to ensure that I am at least considering the available info before doing whatever.
Saturday, May 28, 2011
Home Poker
Due to the recent changes in the enforcement of US Laws, ie PokerStars and FullTilt being blasted off into Bolivia (per Mike Tyson).........I have decided to start up a home game. I have been searching around for information on how to run a home game properly, not necessarily rules and equipment, that sort of thing will bare itself out quickly. I am much more interested in how to get a good consistent pool of players to be interested and play and eventually move up stakes so that it is a worthwhile money making situation. I know one thing, I need to have free booze.
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