February 10, 2023

Winners quit a lot, so learn to fold faster

annie-duke-quit-cover
Reading Time: < 1 minute

Grit is a powerful attribute to have. If you can fight through adversity, that can be amazing. Many times, though, learning to simply quit can be a better option, as it’ll free up your time to tackle something else rather than being mired in a losing effort. As Annie Duke says in her popular book “Quit“:

“Contrary to popular belief, winners quit a lot. That’s how they win.”

Annie is well-known as a professional poker player, and the ability to quit is huge in that game. Statistically, she says it works like this:

“And pros are just better at that choice, playing a mere 15% to 25% of the two-card starting combinations they are dealt in Texas Hold’em. Compare that to an amateur, who will stick with their starting cards over half the time.”

Of course, knowledge is key to making that happen. I’ve played Hold’em a few times in my life, but not much. Knowing that I need to fold more often is great, but I don’t have the skill to know when that should be. The more knowledgeable you are in an area, the better you’ll be able to make decisions on when to quit.

If you’ve not read it yet, Annie’s book is awesome and I encourage you to check it out.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Notes ARE my thinking process

Reading Time: < 1 minuteWhile I’ve been playing around with a few different note-taking tools over the past year, I’ve decided to just settle into Obsidian largely for the…

Read More

Getting a summary versus doing the research

Reading Time: < 1 minuteI’m a big fan of tools that can help generate summaries for me, such as Blinkist or Shortform, but I also recognize that those can…

Read More

Genius isn’t all about being smart

Reading Time: 2 minutesWhen we think of a “genius”, we generally think of someone who is very smart, and that’s often true. However, there have been many geniuses…

Read More