Tag archives for poker

  1. Multi-Level Thinking

    In poker, there is a concept called leveling or multi-level thinking.  The basic idea is that you consider the consequences (and consequences of consequences, and consequences of consequences of consequences, and so on) of what your opponents are thinking.  Here’s the basic idea from a poker site: Level 0: What do I have? Level 1:…

  2. The Grind

    “Grind: Verb — Grind out; to play tightly and win consistently; playing in a manner that minimizes variance.” Definition from pokerzone.com. Romance sells.  Whether it be the boy wonder who makes millions playing poker, or the fearless founder who makes a billion dollar company from nothing.  The romance, the allure, the dream of making it…

  3. Changing Tables and Inertia

    “I started to force myself to think again about what I wanted in poker, in business, in life, it was easy to get caught up and engrossed in what I was currently doing, and that made it easy to forget that I always had to the option to change tables.  Psychologically, it’s hard because of…