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Personal philosophy can assist in making more sound betting decisions, covering subjects such as gambling regulation principles and luck in gambling as well as the gambler’s fallacy.
Annie Duke pushes gambling beyond the green felt, advocating a bettor’s mindset that goes far beyond casino gaming to inform everyday decision-making and encourage balance, adaptability and responsible playing. This philosophy encourages balanced, adaptive decision making for optimal play.
Edward O. Thorp
Edward Oakley Thorp was a mathematics professor, hedge fund manager, and blackjack player who pioneered modern applications of probability theory such as harnessing small correlations for reliable financial gain.
Thorp was raised poor, yet still set out to create his own fortune through mathematics and physical sciences. He believed in teaching himself science, as well as being open to new ideas – even those which might prove risky or dangerous.
After finding success at the tables of Las Vegas, Thorp turned his focus from gambling to Wall Street–“the greatest casino on earth.” Utilizing his blackjack royalties and book sales as sources for game theory-based strategy for beating stock markets through game theory strategies. This subseries contains drafts and copies of articles written by Thorp on this topic as well as related research materials, notes and correspondence; there are also newsletters from Trans Time–an ice suspension company founded by him in San Leandro, California.
Annie Duke
Annie Duke first became known as an academic when she attended Penn’s Ph.D program for cognitive psychology; there she researched syntactic bootstrapping theory – which explores how children learn language – as part of her thesis research project.
She later began playing professional poker, winning her first World Series of Poker bracelet in 2004 before winning a $2 Million Winner-Take-All Tournament of Champions two years later. Additionally, she wrote instructional books for poker players as well as an autobiography.
Duke works to maintain her personal and professional lives separately, though her personal affairs occasionally diverge from that goal. She married quickly after meeting the man she later divorced; together they now have four kids ranging in ages 12-3. Duke performs for The Moth, an organization dedicated to spoken-word storytelling, appearing on its main stage three times since joining.
She has founded several charities to foster critical thinking and decision-making, such as How I Decide and Alliance for Decision Education. These ventures have provided her with an outlet to express her ideals of productive interindividual dissent and truthseeking in practice.
Roald Dahl
Dahl was initially successful as a writer, yet was soon restless and craving adventure. Instead of accepting university study offers, he took up employment with Shell instead, traveling through Africa with them before serving with the Royal Air Force as a fighter pilot during World War II.
His works, such as James and the Giant Peach, Charlie and the Chocolate Factory, Matilda, George’s Marvellous Medicine, Fantastic Mr Fox, The BFG and Danny, the Champion of the World are timeless classics of children’s literature. He died aged 82 in 1990. His books remain timeless classics today.
His work has been widely criticized for using stereotypical depictions of races and sexualities, making him a controversial figure both during his lifetime and afterwards. An avid gambler, his story of highs and lows serves as a warning that gambling can be potentially hazardous if one doesn’t know how to control one’s emotions – the best gamblers know how to keep these in check while making wise decisions.
Fooled by Randomness
Taleb has written numerous successful financial books, so he understands that success doesn’t depend solely on luck but skill as well. Furthermore, timing may often determine whether an investment pays off.
This book introduces readers to an assortment of characters who each understand the significance of randomness; these range from Yogi Berra and Karl Popper to Solon and Nero; all are living examples that it’s impossible to know what will happen next in any situation; therefore it is vitally important that one remember that even minor conflicts often find solutions through randomness.
Unfortunately, the book is an absolute mess in terms of execution; its pages are filled with inaccuracies in fact and usage that erode any credibility, and are full of striking contradictions which seem completely overlooked by its writer.
