Phil Gordon on Following Patterns
Phil Gordon is a professional poker player, teacher, television analyst, and author. Phil is one of only five people in the world to have won a World Poker Tour event and finish at the final table of the World Series of Poker. Phil is a proud to be a national spokesman and board member for the Prevent Cancer Foundation. Phil leads a "No Limits" life.
Gordon: One of the key skills of a poker player is to recognize your opponent’s betting patterns and then come up with the strategy to exploit it. For instance, some players, you know, if they open the pot for a raise, they will always or nearly always follow that up with a between after, you know, at their earliest opportunity. Other poker players, their pattern might be if they have a good hand they between and if they have a weak hand they check. Others are exactly the opposite, so identifying those patterns obviously gives you a way to exploit those patterns to your advantage. If you know your opponent is weak or you suspect that they’re weak, then you can [combat it]. If you suspect that they’re strong, then you get out of the way. In business it’s pretty much the same. You know, you’re looking at your competition and you’re noticing, for instance, where your opponents are weak and where they’re strong, where they’re applying their resources and where are they not. You know, you would never try to enter a market in business where Microsoft is investing $200 million, but if Microsoft isn’t investing money or, you know, you can see an exploitable hole in other people’s business plans and that might be a place that you put some resources.
Phil Gordon describes ways to study your opponent’s behavior.
- It was given this name because it came from another solar system.
- Some claimed Oumuamua was an alien technology, but there's no actual evidence for that.
An innovation may lead to lifelike evolving machines.
- Scientists at Cornell University devise a material with 3 key traits of life.
- The goal for the researchers is not to create life but lifelike machines.
- The researchers were able to program metabolism into the material's DNA.
Upvote the video, or videos, you want to win.
As you vote, keep in mind that we are looking for a winner with the most engaging social venture pitch - an idea you would want to invest in. And note: We'll only count upvotes (not downvotes).
SMARTER FASTER trademarks owned by The Big Think, Inc. All rights reserved.