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Chris Sparks01 September 2022

World Poker Champion On The Science Of Decision Making - Chris Sparks

5Frameworks
15Insights

Frameworks in this episode

Insights & moments

The myth-busts, hot takes, explainers, and tools worth keeping.

Myth Buster· 2

Myth Buster1:12:30

Over-optimisation: nobody came for the michelin-star food

“is there's an assumption that hey if i'm going to do something i need to do it all out or it's not worth doing at…”

Chris Sparks · 1:13:00

“people aren't coming to my birthday trip because they want the trip of a lifetime”

Chris Sparks · 1:13:30
Myth Buster1:54:30

Not all rest recharges: distraction disguised as self-care

“so when you hear phrases like i need or i should or i have to i think it's very revealing about things that we're assuming…”

Chris Sparks · 1:55:00

“where i see a lot of people going astray when it comes to things like recovery and taking breaks is that they do things that…”

Chris Sparks · 1:56:00

Hot Take· 2

Hot Take21:30

Skill is relativistic: choose the right game, not the hardest one

“if you find a good game you can make unlimited money right it's not a fact skill is not the predominating factor it's choosing the…”

Chris Sparks · 21:30

“and so that's the real difference about poker is that it's relativistic skill and i think a lot of success in life comes down to…”

Chris Sparks · 22:00
Hot Take48:30

The rules are conventions — find the back door

“the conventions are just conventions it's just things that people agree to but they're not set in stone”

Chris Sparks · 52:30

“here's the way that all the other people are playing the game and that's great but it feels really competitive over here what's the back…”

Chris Sparks · 49:30

Explainer· 5

Explainer05:00

The Red Queen effect: why poker gets harder every year

“a good rule of thumb is that the average player is about twice as good on an annual basis”

Chris Sparks · 05:30

“the idea is like your things are moving so quickly that you have to run really quickly just to maintain your place”

Chris Sparks · 06:00
Explainer08:30

Poker is a game of imperfect information played in the mind

“i think the advantage is all psychological so understanding other players and most importantly understanding yourself”

Chris Sparks · 09:00

“this isn't chess where you can just have the perfect move”

Chris Sparks · 09:30
Explainer13:00

Online vs live poker: 600 hands an hour vs 25

“the primary advantage of playing online is that you can play multiple games at a time so i've played a maximum of 30 games at…”

Chris Sparks · 13:30

“if i'm playing 12 games i'm getting about 600 hands per hour at a typical live game at a home or a casino you're getting…”

Chris Sparks · 14:30
Explainer1:02:30

Status quo bias: imagine you sold every commitment you have

“a lot of the temptation in psychology we call this status quo bias is hey everything that i'm doing right now is pretty great i'm…”

Chris Sparks · 1:03:00

“i use another investment analogy imagine that you sold all of your investments and now you're just sitting on a pile of cash”

Chris Sparks · 1:03:30
Explainer1:28:30

What an executive performance coach actually does

“i act as a third party objective observer for high performers to”

Chris Sparks · 1:28:30

“that's like the coaching cheat code by the way is like hey that time that things were going really well for you what were you…”

Chris Sparks · 1:36:00

Story· 1

Story27:30

From dial-up free-rolls to top 20 in the world

“luckily economy had other plans and i was forced to like hey why don't i do an experiment and treat poker as a full-time thing…”

Chris Sparks · 29:00

“fast forward 18 months of going full time i was ranked top 20 in the world”

Chris Sparks · 29:30

Q&A· 1

Q&A25:00

How do you get invited to the big private games?

“the same thing is like oh how do i get invited to more parties well be someone that people want at your parties”

Chris Sparks · 25:30

“it seems to be this unfortunate fact of life and that the people with the most opportunities are the people who get the most opportunities”

Chris Sparks · 26:30

Tool· 1

Tool1:05:00

Two objectivity hacks: advise a friend, and fear is a compass

“another way is to imagine that you're giving advice to a friend and the friend is in the exact situation that you're in what's the…”

Chris Sparks · 1:05:00

“another one that i like a lot is fear is a compass so if i'm between two options always do the thing that's scarier because…”

Chris Sparks · 1:05:30

Takeaway· 3

Takeaway14:00

Improvement speed is proportional to the tightness of your feedback loops

“there's this concept that i like that improvement speed is proportional to the tightness of your feedback loops”

Chris Sparks · 14:00
Takeaway41:30

Hire for trajectory and iteration speed, not current position

“is like not where this person is where they project them to be a few years down the line if they keep improving”

Chris Sparks · 42:00
Takeaway1:16:30

Reframe the to-do list as opportunities, not obligations

“and it's this morbid thought that we're going to die with a very long to-do list because we're going to keep adding things to it”

Chris Sparks · 1:16:30

“this is not my list of to do's this is not an obligation that i've thrown upon my shoulders but all opportunities these are all…”

Chris Sparks · 1:17:00