Today, we go back to some lessons from a game that mimics life – the game of poker. We welcome Alec Torelli to the show. Alec is a professional high stakes poker player, entrepreneur, and keynote speaker. He is the founder of Conscious Poker, a popular poker training platform. He has spend 14 years as a poker pro, including 3 he spent in Macau.
It goes without saying that Alec has made many high-pressure decisions under uncertainty and with high stakes involved. It also goes without saying that his experience in doing so creates many transferable insights from the poker table to other aspects of life and business. We cover a lot of these lessons in this wonderful conversation, including:
- The ins and outs of decision-making;
- The role of luck in life;
- Handling adversity;
- Managing your bankroll;
- Reading body language;
- Managing emotions;
- The life of a pro poker player;
- Tons more!
Show notes:
Ep. 90 of All Things Risk with Annie Duke
Good Vibes and the Resonance Theory of Consciousness
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Like what you heard?
Subscribe and/or leave a rating and review on Apple Podcasts: http://apple.co/1PjLmK
Subscribe on Stitcher: http://www.stitcher.com/podcast/all-things-risk/the-all-things-risk-podcast
Subscribe on Soundcloud: https://soundcloud.com/ben-cattaneo
Follow the podcast on Twitter: https://twitter.com/RiskThings
Drop us a note: allthingsrisk@gmail.com
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Our free course module “How to Set Up Any Decision for Success” from our upcoming course How to Make Decisions With Calm and Confidence
Today we take a close look at some advice, some perceived wisdom that is everywhere: "going with your gut" - that is, making decisions based on what feels right.
It's advice that is incredibly popular. It's incredibly common. And it's incredibly wrong. A gut feel is a terrible way to make a decision.
To explain, Dr. Gleb Tsipursky is back with his third appearance on the podcast. Gleb has authored a new book - Never Go With Your Gut: How Pioneering Leaders Make the Best Decisions and Avoid Business Disasters.
If you have not listened to our previous episodes with Gleb, he has an academic background in neuroscience and behavioural economics, is the founder and CEO of Disaster Avoidance Experts, is the author of several books and has made numerous appearances in prominent media outlets.
In this episode, we tackle the subject of decision-making based on gut feel, why this is bad advice, and what to do instead. This is a great conversation for anyone who makes decisions, and that is all of us. Not only that, but if you are an entrepreneur, business owner, someone in a leadership position or have a big decision to make in the near future, you will especially want to listen to the whole episode.
Show notes:
Never Go With Your Gut: How Pioneering Leaders Make the Best Decisions and Avoid Business Disasters
Bernie Ebbers and the Worldcom scandal
Thinking, Fast and Slow by Daniel Kahneman
Bikeshedding (Parkinson’s Law of Triviality)
Gleb’s 5 questions to avoid decision-making disasters
Gleb’s 8 steps for making effective decisions
Gleb’s 12 mental skills to avoid cognitive biases
Episodes 45 and 76 of All Things Risk with Gleb Tsipurksy
_ _ _ _ _ _ _ _ _
Like what you heard?
Subscribe and/or leave a rating and review on Apple Podcasts: http://apple.co/1PjLmK
Subscribe on Stitcher: http://www.stitcher.com/podcast/all-things-risk/the-all-things-risk-podcast
Subscribe on Soundcloud: https://soundcloud.com/ben-cattaneo
Follow the podcast on Twitter: https://twitter.com/RiskThings
Drop us a note: allthingsrisk@gmail.com
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Our free course module “How to Set Up Any Decision for Success” from our upcoming course How to Make Decisions With Calm and Confidence
This one is a conversation about innovation, diversity, and of course, uncertainty. Our guest is Frans Johansson, one of the world’s leading thinkers and practitioners around innovation. Frans’ mission is to prepare individuals and organisations to prepare for the future. Frans is the author of the best-selling book on innovation The Medici Effect, the ideas of which led to Frans founding The Medici Group, a consulting firm that operates where diversity and innovation meet. Frans is also the CEO of the Medici Group.
Frans is all about how diversity drives innovation. This means diversity of culture, of experiences, of opinions, and how to apply these things outside of one’s framework. According to Frans, this is the key to navigating uncertainty and having success. Frans’ own background reflects this. He's the son of a Swedish father and African-American mother. He grew up in Sweden but went to university in the USA.
This is an awesome conversation that covers:
- Innovation, with, among other things, reference to:
- Picasso
- Angry Birds
- Formula 1
- How to innovate and test ideas
- Failure and risk
- Gut instinct versus rationality
- Contrarian views
- Frans’ own approach to decision-making under uncertainty
- Lots more!
Show notes
The Tipping Point by Malcolm Gladwell
Range by David Epstein
_ _ _ _ _ _ _ _ _ _ _ _ _
Like what you heard?
Subscribe and/or leave a rating and review on Apple Podcasts: http://apple.co/1PjLmK
Subscribe on Stitcher: http://www.stitcher.com/podcast/all-things-risk/the-all-things-risk-podcast
Subscribe on Soundcloud: https://soundcloud.com/ben-cattaneo
Follow the podcast on Twitter: https://twitter.com/RiskThings
Drop us a note: allthingsrisk@gmail.com
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Our free course module “How to Set Up Any Decision for Success” from our upcoming course How to Make Decisions With Calm and Confidence
We welcome Daniel Wagner back to the show, this time to discuss his latest and insightful book The America-China Divide: The Race to Control the World. The book is an important follow-on to China Vision, which was published last year and on which he joined the podcast. The America-China Divide describes how China has benefited from the US-led international system, the complexity of the US-China relationship and where this is all going.
Daniel describes a vision for the future that we all need to understand, discuss and shape. This is China's Century. But what do we do about that? As Daniel puts it, we need to "wake up" and craft our own vision for co-existence with that reality.
The book has received a number of very positive reviews from renowned China scholars and policy-makers. And if you are a listener of All Things Risk, you will know that Daniel has a wonderful knack for explaining complex geopolitical phenomena in a way that is clear and understandable.
Show notes:
The America-China Divide: The Race to Control the World in Amazon and in Amazon's UK site
Daniel on Twitter: https://twitter.com/countryriskmgmt
Daniel’s company, Country Risk Solutions: http://countryrisksolutions.com/
Daniel’s other recent books:
China Vision on Amazon’s US site
China Vision on Amazon’s UK site
Ep. 91 with Daniel and Keith Furst, Ep 119 Ep 102 Ep 98 Ep 69, Ep 57, Ep 17 and Ep 10 with Daniel Wagner
This is Part Two of our annual “best of” the year episode for 2019. We have clips from:
Episode 111 – Alastair Humphreys
Episode 117 – Paul-Olivier Dehaye
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Like what you heard?
Subscribe and/or leave a rating and review on Apple Podcasts: http://apple.co/1PjLmK
Subscribe on Stitcher: http://www.stitcher.com/podcast/all-things-risk/the-all-things-risk-podcast
Subscribe on Soundcloud: https://soundcloud.com/ben-cattaneo
Follow the podcast on Twitter: https://twitter.com/RiskThings
Drop us a note: allthingsrisk@gmail.com
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Our free course module “How to Set Up Any Decision for Success” from our upcoming course How to Make Decisions With Calm and Confidence