Howard Lederer on Utilizing Emotion | Big Think

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Howard Lederer on Utilizing Emotion New videos DAILY: https://bigth.ink/youtube Join Big Think Edge for exclusive videos: https://bigth.ink/Edge ---------------------------------------------------------------------------------- The Poker Professor says poker and business are thick with psychology. ---------------------------------------------------------------------------------- TRANSCRIPT: Lederer: I think, particularly in poker, emotion also helps you become a better player. So, you know, as a poker player, you have to constantly find, strike a balance between caring about your result and not caring about your result, right? So, if you care too much and the thought of losing hurts too much, then you’re completely risk averse, and you play too cheaply and you’re almost paralyzed at the table. You can’t ever make a bet that you’re not sure, you know, when that would be the totally involved, totally emotional, can’t stand ever losing even a pot, right? Now, you know, that type of player that Brandon described who, you know, might blow his entire bankroll or might have a, you know, a big loss and you can hardly tell, I think not only is that player risking their entire bankroll in a way that is very self destructive, but I also would gather that that person maybe isn’t getting better the way they could. So, if you manage your risk and you understand as, you know, that you somehow manage to find that happy medium where you’re willing to take some risk, you’re willing to

Published 2012-04-24 · Watch on YouTube ↗
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