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Feb 7, 2023
There was a time when I was a tired and frustrated poker player. Few people know this story... Feeling unlucky is something most players experience. Here’s how I encountered and overcame that: ⬇️
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Phil Galfond
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Jan 1, 2023
1/ Get a cup of coffee. In this thread, I'll walk you through "Gambler's Ruin". This is a classic exercise in probability theory. But going beyond the math, this exercise can teach us a lot about life, business, and investing. twitter.com/10kdive
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10-K Diver
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Jul 14, 2022
The Musk-Twitter dispute end state can surely be worked out using game theory. If they don't settle, there is a probability, p, that the judge rules for specific performance (paying $54 per share) and 1-p just for the $1b penalty. 1/n
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Joshua Gans
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May 7, 2022
As Machine Learning predictions become more accurate, the assumptions behind Nash game theory are pushed to the limits of their validity because of the prediction<->decision feedback loop. Game theory needs to be adapted with a shift of paradig
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