Poker and Investing: Games of Incomplete Information
The Implicit Value of 7 Deuce
Once upon a starting hand: When all you have is the hammer, everything is a nail.
The implicit value of 7 deuce—leading uphill against conventional wisdom. Under the right circumstances, you can play ANY two cards and expect a positive return.
Bluffing with the Worst Hand
From Worst to First: The best hole cards you've never played. 7-2 offsuit, the worst hand in NLH, can go from zero to hero. Play them like aces—when everyone misses the flop, a continuation bet can take the pot.
Magical Thinking and Probability
Believing in luck can influence results. Magical thinking is real—sometimes beginner’s luck happens because players don’t overthink probabilities.
“What you believe is real, will be real to you in its consequences.”
Psychology and Perception
Framing matters—information presentation determines reactions. Bluffing leverages misdirection, and psychological biases can cause errors even in experienced players.