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611 Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities

This is a OPEN AI summary of the Tim Ferriss Podcast #611- visit www.TinyTim.blog for more AI summaries, or www.Tim.blog for the official Tim Ferriss Podcasts.

In this episode of The Tim Ferriss Show, Tim Ferriss interviews Liv Boeree, a professional poker player and TV host who specializes in game theory, futurism, and rationality. They discuss Boeree's work with Raising for Effective Giving, a nonprofit that raises money for maximally cost-effective charities, and her thoughts on how poker thinking can be applied to everyday life.

Liv Boeree, a professional poker player, discusses how her background in physics gives her a competitive advantage in the game. She talks about how she uses her knowledge of human behavior to read other players and look for tells that indicate when someone is bluffing. In 2005, Liv Boeree won a small poker tournament. This gave her the confidence to pursue poker further, and she went on to become one of the world's top players. She attributes her success to her willingness to research the game and her higher-than-average IQ.

Liv Boeree and Tim Ferriss discuss the chances of Ferriss winning a game of poker against Jason. Boeree says that with just the basic knowledge of the game, Ferriss has a 35% chance of winning. However, poker has changed in the last 10 years from a game of combination calculations to a game of learning different scenarios and emulating them in your head. This requires more time and effort to be successful. Boeree recommends that those interested in playing poker should first learn the game theory optimal style. This will allow them to break even against their opponents over the long term. In the first week of the poker course, students would learn about betting and ranges, and then play some hands in person to get used to the dynamics. GTO style of play is the perfect benchmark for high quality poker play. If you can emulate the GTO charts, you will be able to improve your game and have a better chance at winning.

Liv Boeree and Tim Ferriss discuss the importance of thinking through your moves in poker and doing the calculation mentally in your head. They also talk about how sleep deprivation can affect your ability to do mental math.

In this interview with Tim Ferriss, professional poker player Liv Boeree discusses how she won a satellite tournament to the European Poker Tour's San Remo event in 2010. She describes how she self-regulated to become a professional poker player after first appearing on a TV show in 2005. Ferriss asks her about the hours she played during the tournament, and she says she averaged 10 hours a day. Liv Boeree talks about how nerve-wracking it was to play in the final table of a poker tournament with a first prize of 1.25 million euros. She says that once she started playing, she was able to switch into a mode where she was able to focus and play well. In order to deal with feeling angry, Liv Boeree suggests taking deep breaths and laughing at oneself. She also suggests that people practice by getting angry and reading something that reliably gets their blood pressure up. Liv Boeree recalls a moment before a tournament where she suddenly had the feeling that she was going to win. The voice in her head sounded like her own, and she ended up taking first place.

Liv Boeree, a professional poker player and physicist, recounts a time when she had a premonition about a friend who was in danger. She then describes another incident where she helped a friend who was experiencing negative energy. Boeree attributes both of these events to confirmation bias and says that they are incontrovertible data points that something happened that she cannot explain.

In this podcast, Tim Ferriss interviews Liv Boeree about the power of placebo and cognitive biases. Boeree recommends Erik Vance's book Suggestible You and Julia Galef's work on The Scout Mindset. In this excerpt, Tim Ferriss and Liv Boeree discuss the importance of accuracy in mapping one's brain to the universe (i.e. being rational), and how sometimes being irrational can actually be beneficial. They also touch on the replication crisis in science, and how many studies are not as intellectually engaging as one might hope.

In this conversation, Eliezer Yudkowsky and Tim Ferriss discuss the idea of inadequate equilibria, or situations where everyone would be better off if they all changed their behavior but are unable to do so because they are stuck in a Nash equilibrium. Liv Boeree recommends reading chapter three of Inadequate Equilibria for a 45-minute discussion on the topic. Tim Ferriss and Liv Boeree discuss the use of beauty filters on Instagram, and how they can be used to create an "optimal face structure" that is pleasing to the eye. They also talk about how this could potentially make online dating more difficult, as people may not be able to tell what someone really looks like. Liv Boeree is a professional poker player and YouTube personality who recently spoke with Tim Ferriss about her current obsession: the thing called Moloch. Moloch is a lower Nash equilibrium where people are stuck doing things that make them hate their face because of bad game theoretical incentives. Boeree suggests that people search for her channel, The Beauty Wars, to learn more about this topic. In this conversation, Liv Boeree and Tim Ferriss discuss the possibility of doing a second "round" of training, condensing it down to a 3-week commitment. They also mention Liv's YouTube channel and her upcoming video "The Attention Wars."


611 https://tim.blog/2022/07/28/liv-boeree/