Altered States

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

Illustration via 99designs

“Poker is about maximizing deceptiveness while extracting information out of your opponent.”

— Liv Boeree

Liv Boeree (@Liv_Boeree) is one of the UK’s most successful poker players, winning both European Poker Tour and World Series of Poker championship titles during her professional career. Before poker she studied astrophysics and now focuses her time as a TV host and YouTuber specializing in game theory, futurism, and rationality. She also gives seminars on high-stakes decision-making, and recently spoke at the annual TED conference about the application of poker thinking to everyday life. In 2014, she co-founded Raising for Effective Giving (REG), a nonprofit based upon the philosophies of effective altruism that raised over $12,000,000 for its carefully selected list of maximally cost-effective charities.

Please enjoy!

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Castbox, Google Podcasts, Stitcher, Amazon Musicor on your favorite podcast platform. You can watch the interview on YouTube here.

Brought to you by Wealthfront automated investing, Athletic Greens all-in-one nutritional supplement, and Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating. More on all three below.

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

This episode is brought to you by WealthfrontWealthfront pioneered the automated investing movement, sometimes referred to as ‘robo-advising,’ and they currently oversee $28 billion of assets for their clients. It takes about three minutes to sign up, and then Wealthfront will build you a globally diversified portfolio of ETFs based on your risk appetite and manage it for you at an incredibly low cost. 

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This episode is brought to you by Eight Sleep! Eight Sleep’s Pod Pro Cover is the easiest and fastest way to sleep at the perfect temperature. It pairs dynamic cooling and heating with biometric tracking to offer the most advanced (and user-friendly) solution on the market. Simply add the Pod Pro Cover to your current mattress and start sleeping as cool as 55°F or as hot as 110°F. It also splits your bed in half, so your partner can choose a totally different temperature.

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This episode is brought to you by Athletic Greens. I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1 by Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. 

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Want to hear another episode that ponders the nature of reality? Have a listen to my conversation with Professor Donald Hoffman here in which we discuss the science of consciousness, how perception may influence the physical world, the holographic model of the universe, panpsychism (and influential panpsychists), cosmological polytope, the use of hallucinogenic drugs to tap into deeper reality and interact with conscious agents, QBism, the probability of zero that humans evolved to see reality in full, and much more wild stuff.

#585: Professor Donald Hoffman — The Case Against Reality, Beyond Spacetime, Rethinking Death, Panpsychism, QBism, and More

What was your favorite quote or lesson from this episode? Please let me know in the comments.

SCROLL BELOW FOR LINKS AND SHOW NOTES…

SELECTED LINKS FROM THE EPISODE

  • Connect with Liv Boeree:

Website | Newsletter | Twitter | Facebook | Instagram | YouTube

SHOW NOTES

  • [06:41] Youthful obsessions.
  • [11:14] How poker entered the picture.
  • [18:55] The qualities that made Liv excel at poker from the start.
  • [27:22] Liv’s advice to a newcomer wanting to learn poker.
  • [34:04] What Liv’s eight-week poker education curriculum might look like.
  • [42:11] Failure points that might discourage someone during this curriculum.
  • [44:07] Red mist, white noise, and fast math.
  • [50:18] Volcano-induced tournament participation and self-regulation.
  • [59:07] A skeptic’s experiences with the unexplainable.
  • [1:14:59] How does Liv rationally coexist with these experiences?
  • [1:18:49] How to become a better skeptic.
  • [1:24:59] Inadequate Equilibria and Moloch.
  • [1:29:49] Parting thoughts.

MORE LIV BOEREE QUOTES FROM THE INTERVIEW

“The beautiful thing about poker, in fact, is that if you’re talking about one night, you can have the literal best player in the world, a medium player, complete beginners, and provided everyone knows the basic rules, then technically, anyone can win. It’s only over the long run does anything actually meaningful start happening.”
— Liv Boeree

“I still absolutely recommend that people go and learn the game, because it is probably the best way to — it’s the best mini analog for the type of complex decision making that you need to do in life that you can do.”
— Liv Boeree

“[Poker is] about maximizing deceptiveness while extracting information out of your opponent.”
— Liv Boeree

“A true scientist is maximally curious and you do your best to devise experiments in order to get reliable, robust results that you can use to predict the world, and you try and minimize all the biases and things that could mess up your experiment and give you faulty result.”
— Liv Boeree

“Extraordinary beliefs require extraordinary evidence. In order for me to give up everything that I know about our current understanding of the world, I would need significantly more data points.”
— Liv Boeree

PEOPLE MENTIONED

The Tim Ferriss Show is one of the most popular podcasts in the world with more than 800 million downloads. It has been selected for “Best of Apple Podcasts” three times, it is often the #1 interview podcast across all of Apple Podcasts, and it’s been ranked #1 out of 400,000+ podcasts on many occasions. To listen to any of the past episodes for free, check out this page.

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