How to Make Winning Decisions like a Poker Pro

Why professional poker players are superb decision makers (at the tables)

A poker player can become a winner in the long run by making more correct decisions than his opponents.

How poker pros make decisions

EV = probability of outcome * value of outcome.

Expected value allows you to objectively evaluate your decisions

Using expected value decisions in practice

Remember second and third order consequences

Second and third order consequences are often more important that first order.

Even if you make the right decision, you may not win every time

There are so many elements we have no control over that the outcome of any decision is largely a game of chance.

You simply need to maximize the expected value of any decision.

Become a pro at life

Make better decisions in life and business



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