The Value Perspective

The Value Perspective with Maria Konnikova


Listen Later

This week we're joined by Maria Konnikova. She is an author, a professional poker player, and psychologist. Maria shares with us how she utilised different techniques during her poker career that shaped how she thought about probabilities like the description-experience gap, weighing risk vs. reward and communicating and framing risk. She has found these mindsets have helped in a wide variety of situation from Covid-19 to analysing Presidential Election pundits. 

Maria's newest book The Biggest Bluff: How I Learned to Pay Attention, Master Myself and Win is available now. 

Episode minutes:

01:07 Intro

03:36 Thinking in probability: nature or nurture? 

07:29 How can thought processes learned in poker be used in everyday life? 

10:25 What is the best way to better communicate complex messages about risk? 

15:18 The Power of Variance: why probability doesn't care about history or the past

20:57 Streamlining and optimising your thought processes under pressure 

25:01 What is a bad decision you made? 

27:29  Book Recommendations: The Data Detective by Tim Harford

NEW EPISODES:

You can subscribe via Podbean or use this feed URL (https://tvpschroders.podbean.com/feed.xml) in Apple Podcasts and other podcast players.

GET IN TOUCH:

send us a tweet: @TheValueTeam 

Important information. This podcast is for investment professionals only.

This information is not an offer, solicitation or recommendation to buy or sell any financial instrument or to adopt any investment strategy.

Any data has been sourced by us and is provided without any warranties of any kind. It should be independently verified before further publication or use. Third party data is owned or licenced by the data provider and may not be reproduced, extracted or used for any other purpose without the data provider’s consent. Neither we, nor the data provider, will have any liability in connection with the third party data.

Reliance should not be placed on any views or information in the material when taking individual investment and/or strategic decisions. Any references to securities, sectors, regions and/or countries are for illustrative purposes only. The views and opinions contained herein are those of individual to whom they are attributed, and may not necessarily represent views expressed or reflected in other communications, strategies or funds.

The value of investments and the income from them may go down as well as up and investors may not get back the amounts originally invested. Exchange rate changes may cause the value of any overseas investments to rise or fall.

Past Performance is not a guide to future performance and may not be repeated.

The forecasts included should not be relied upon, are not guaranteed and are provided only as at the date of issue. Our forecasts are based on our own assumptions which may change.

...more
View all episodesView all episodes
Download on the App Store

The Value PerspectiveBy Schroders

  • 5
  • 5
  • 5
  • 5
  • 5

5

5 ratings


More shows like The Value Perspective

View all
Macro Voices by Hedge Fund Manager Erik Townsend

Macro Voices

3,058 Listeners

The Meb Faber Show - Better Investing by The Idea Farm

The Meb Faber Show - Better Investing

938 Listeners

Grant’s Current Yield Podcast by Grant's Interest Rate Observer

Grant’s Current Yield Podcast

665 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

804 Listeners

The Market Huddle by Patrick Ceresna & Kevin Muir

The Market Huddle

363 Listeners

The Acquirers Podcast by Tobias Carlisle

The Acquirers Podcast

306 Listeners

Excess Returns by Excess Returns

Excess Returns

66 Listeners

Value Hive Podcast by Brandon Beylo

Value Hive Podcast

91 Listeners

Money Maze Podcast by Money Maze Podcast

Money Maze Podcast

35 Listeners

The Grant Williams Podcast by Grant Williams

The Grant Williams Podcast

1,351 Listeners

Yet Another Value Podcast by Andrew Walker

Yet Another Value Podcast

107 Listeners

The Business Brew by Bill Brewster

The Business Brew

246 Listeners

Behind the Balance Sheet by Stephen Clapham. Helping investors improve their portfolio performance.

Behind the Balance Sheet

45 Listeners

Library of Mistakes by The Library of Mistakes

Library of Mistakes

41 Listeners

Merryn Talks Money by Bloomberg

Merryn Talks Money

45 Listeners