Phil Gordon on Adapting to Change

Gordon:    As a poker player, you can’t have a consistent style and be successful over time.  Your opponents come to know how you play and they will devise a strategy to beat you, if they’re any good.  So, while you can have overarching tendencies, you really can’t stick with one way to play and be successful, and I think that’s pretty much the same for business.  It’s either evolve or die, and your strategy at the poker table and in tournaments has to evolve over time depending on the circumstances in that tournament and your strategy in business has to evolve.  Your competitors are always trying to get the best of you, and if you don’t take advantage of holes that they open up or holes that they attempt to close, then you can be pretty sure that your business isn’t going to last very long.  Same thing at the poker table.  What strategy that may be working perfectly in the early stages of the tournament may be suicide in the middle stages of the tournament, and you always have to be both aware of your image at the table and what your opponents think of you and then try to constantly rearrange your strategy so that they are doing the wrong thing against you at the right time. 

Phil Gordon says that with every hands comes an opportunity to pivot.

Why a federal judge ordered White House to restore Jim Acosta's press badge

A federal judge ruled that the Trump administration likely violated the reporter's Fifth Amendment rights when it stripped his press credentials earlier this month.

WASHINGTON, DC - NOVEMBER 16: CNN chief White House correspondent Jim Acosta (R) returns to the White House with CNN Washington bureau chief Sam Feist after Federal judge Timothy J. Kelly ordered the White House to reinstate his press pass November 16, 2018 in Washington, DC. CNN has filed a lawsuit against the White House after Acosta's press pass was revoked after a dispute involving a news conference last week. (Photo by Alex Wong/Getty Images)
Politics & Current Affairs
  • Acosta will be allowed to return to the White House on Friday.
  • The judge described the ruling as narrow, and didn't rule one way or the other on violations of the First Amendment.
  • The case is still open, and the administration may choose to appeal the ruling.
Keep reading Show less

How to split the USA into two countries: Red and Blue

Progressive America would be half as big, but twice as populated as its conservative twin.

Image: Dicken Schrader
Strange Maps
  • America's two political tribes have consolidated into 'red' and 'blue' nations, with seemingly irreconcilable differences.
  • Perhaps the best way to stop the infighting is to go for a divorce and give the two nations a country each
  • Based on the UN's partition plan for Israel/Palestine, this proposal provides territorial contiguity and sea access to both 'red' and 'blue' America
Keep reading Show less

Scientists just voted to change the definition of a kilogram

The definition of a kilogram will now be fixed to Planck's constant, a fundamental part of quantum physics.

Greg L via Wikipedia
Surprising Science
  • The new definition of a kilogram is based on a physical constant in quantum physics.
  • Unlike the current definition of a kilogram, this measurement will never change.
  • Scientists also voted to update the definitions of several other measurements in physics.
Keep reading Show less