This week, we release one of David's favorite episodes from six years ago, Episode 203: Is Investing More Like Poker or Chess.

Topics covered include:

• What is the difference between chess and poker.
• Why we need to separate the decision process from the outcome.
• How to improve the quality of our investment decisions.
• What are are wu-wei and qi and what role do they play in better decision making.

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Show Notes

Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts by Annie Duke

Thinking Fast and Slow by Daniel Kahneman

The Tao of Pooh by Benjamin Hoff

Trying Not to Try: Ancient China, Modern Science, and the Power of Spontaneity by Edward Slingerland

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