Episode

#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
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1:38:52
Published: Thu Jul 28 2022
Description

Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities | Brought to you by Wealthfront automated investing, Athletic Greens all-in-one nutritional supplement, and Eight Sleep’s Pod Pro Cover sleeping solution for dynamic cooling and heating. More on all three below.Liv Boeree (@Liv_Boeree) is one of the UK’s most successful poker players, winning both European Poker Tour and World Series of Poker championship titles during her professional career. Before poker she studied astrophysics and now focuses her time as a TV host and YouTuber specializing in game theory, futurism, and rationality. She also gives seminars on high-stakes decision-making, and recently spoke at the annual TED conference about the application of poker thinking to everyday life. In 2014, she co-founded Raising for Effective Giving (REG), a nonprofit based upon the philosophies of effective altruism that has raised over $14,000,000 for its carefully selected list of maximally cost-effective charities.Please enjoy!This episode is brought to you by Wealthfront! Wealthfront pioneered the automated investing movement, sometimes referred to as ‘robo-advising,’ and they currently oversee $28 billion of assets for their clients. It takes about three minutes to sign up, and then Wealthfront will build you a globally diversified portfolio of ETFs based on your risk appetite and manage it for you at an incredibly low cost. Smart investing should not feel like a rollercoaster ride. Let the professionals do the work for you. Go to Wealthfront.com/Tim and open a Wealthfront account today, and you’ll get your first $5,000 managed for free, for life. Wealthfront will automate your investments for the long term. Get started today at Wealthfront.com/Tim.*This episode is also brought to you by Eight Sleep! Eight Sleep’s Pod Pro Cover is the easiest and fastest way to sleep at the perfect temperature. It pairs dynamic cooling and heating with biometric tracking to offer the most advanced (and user-friendly) solution on the market. Simply add the Pod Pro Cover to your current mattress and start sleeping as cool as 55°F or as hot as 110°F. It also splits your bed in half, so your partner can choose a totally different temperature.And now, my dear listeners—that’s you—can get $250 off the Pod Pro Cover. Simply go to EightSleep.com/Tim or use code TIM at checkout. *This episode is also brought to you by Athletic Greens. I get asked all the time, “If you could use only one supplement, what would it be?” My answer is usually AG1 by Athletic Greens, my all-in-one nutritional insurance. I recommended it in The 4-Hour Body in 2010 and did not get paid to do so. I do my best with nutrient-dense meals, of course, but AG further covers my bases with vitamins, minerals, and whole-food-sourced micronutrients that support gut health and the immune system. Right now, Athletic Greens is offering you their Vitamin D Liquid Formula free with your first subscription purchase—a vital nutrient for a strong immune system and strong bones. Visit AthleticGreens.com/Tim to claim this special offer today and receive the free Vitamin D Liquid Formula (and five free travel packs) with your first subscription purchase! That’s up to a one-year supply of Vitamin D as added value when you try their delicious and comprehensive all-in-one daily greens product.*[06:41] Youthful obsessions.[11:14] How poker entered the picture.[18:55] The qualities that made Liv excel at poker from the start.[27:22] Liv’s advice to a newcomer wanting to learn poker.[34:04] What Liv’s eight-week poker education curriculum might look like.[42:11] Failure points that might discourage someone during this curriculum.[44:07] Red mist, white noise, and fast math.[50:18] Volcano-induced tournament participation and self-regulation.[59:07] A skeptic’s experiences with the unexplainable.[1:14:59] How does Liv rationally coexist with these experiences?[1:18:49] How to become a better skeptic.[1:24:59] Inadequate Equilibria and Moloch.[1:29:49] Parting thoughts.*For show notes and past guests on The Tim Ferriss Show, please visit tim.blog/podcast.For deals from sponsors of The Tim Ferriss Show, please visit tim.blog/podcast-sponsorsSign up for Tim’s email newsletter (5-Bullet Friday) at tim.blog/friday.For transcripts of episodes, go to tim.blog/transcripts.Discover Tim’s books: tim.blog/books.Follow Tim:Twitter: twitter.com/tferriss Instagram: instagram.com/timferrissYouTube: youtube.com/timferrissFacebook: facebook.com/timferriss LinkedIn: linkedin.com/in/timferrissPast guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Chapters
This episode is brought to you by Athletic Greens, a comprehensive supplement containing vitamins, minerals, greens, probiotics, and prebiotics, digestive enzymes, and adaptogens for convenient nutrition when whole foods aren't readily available.
00:00 - 01:14 (01:14)
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Athletic Greens
Summary

This episode is brought to you by Athletic Greens, a comprehensive supplement containing vitamins, minerals, greens, probiotics, and prebiotics, digestive enzymes, and adaptogens for convenient nutrition when whole foods aren't readily available.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
This text includes an advertisement for 8 Sleep and Athletic Greens sleep improvement tools and supplements with special offers for the listeners.
01:14 - 06:56 (05:41)
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Sleep improvement
Summary

This text includes an advertisement for 8 Sleep and Athletic Greens sleep improvement tools and supplements with special offers for the listeners.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
The speaker shares their past as a metalhead and their exterior appearance, which contrasted with their soft personality.
06:56 - 14:00 (07:04)
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Music
Summary

The speaker shares their past as a metalhead and their exterior appearance, which contrasted with their soft personality.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
The speaker discusses the importance of not getting overconfident in a poker game and shares insights for beginners to develop the right strategy and mindset.
14:00 - 19:55 (05:55)
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Poker
Summary

The speaker discusses the importance of not getting overconfident in a poker game and shares insights for beginners to develop the right strategy and mindset.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
A physics graduate shares how his willingness to dive into research helped him learn the nuances of playing successful poker, even when there were no clear directions of where to start.
19:55 - 27:23 (07:27)
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Poker
Summary

A physics graduate shares how his willingness to dive into research helped him learn the nuances of playing successful poker, even when there were no clear directions of where to start. He also notes that even after years of playing, there are still unexpected moments in the game that challenge him.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
The speaker explains the concept of game theory optimal strategies and how they can help in regular poker games with friends.
27:23 - 36:15 (08:51)
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Game Theory
Summary

The speaker explains the concept of game theory optimal strategies and how they can help in regular poker games with friends.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
Learn how to use range analysis to narrow down your opponent's hands and improve your poker game, including basic math calculations and bluffing strategies.
36:15 - 42:39 (06:24)
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Poker
Summary

Learn how to use range analysis to narrow down your opponent's hands and improve your poker game, including basic math calculations and bluffing strategies.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
Practicing emotional control and understanding personal biases is essential in poker, especially when playing against skilled players who may try to provoke negative emotions.
42:39 - 46:13 (03:33)
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Poker
Summary

Practicing emotional control and understanding personal biases is essential in poker, especially when playing against skilled players who may try to provoke negative emotions. Focusing on the mental game aspect and not just studying charts and algorithms can lead to a more enjoyable and successful playing experience.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
The speaker shares their experience of witnessing the efficiency of system one thinking while observing students in Japan use the abacus.
46:13 - 49:32 (03:19)
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System One, System Two thinking
Summary

The speaker shares their experience of witnessing the efficiency of system one thinking while observing students in Japan use the abacus. They explain how system one thinking works and its relation to the body's response to sudden situations.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
After playing poker for a year and a half, the speaker never made it to the big final tables until the day when he decided to take a spontaneous train ride to a 500 Euro satellite tournament in Northern Italy, where one in 10 people will win their ticket for the 5,000 Euro main event.
49:32 - 52:59 (03:26)
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Poker
Summary

After playing poker for a year and a half, the speaker never made it to the big final tables until the day when he decided to take a spontaneous train ride to a 500 Euro satellite tournament in Northern Italy, where one in 10 people will win their ticket for the 5,000 Euro main event.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
The speaker suggests practicing mindful breathing to improve focus and manage emotions, especially in high-pressure situations like trading or playing poker.
52:59 - 58:30 (05:31)
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mindfulness
Summary

The speaker suggests practicing mindful breathing to improve focus and manage emotions, especially in high-pressure situations like trading or playing poker.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
A woman describes a sudden experience of hearing a voice in her head and a man describes his unexplained and unpleasant sensation in his ear.
58:30 - 1:04:17 (05:46)
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Unexplained Phenomena
Summary

A woman describes a sudden experience of hearing a voice in her head and a man describes his unexplained and unpleasant sensation in his ear.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
The physicist discusses how an experience with energy healing and alternative medicine expanded his perspective and forced him to reconsider his beliefs.
1:04:16 - 1:09:12 (04:55)
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Alternative Medicine
Summary

The physicist discusses how an experience with energy healing and alternative medicine expanded his perspective and forced him to reconsider his beliefs. He also shares a strange encounter with a healer who attempted to heal his hearing through an uncomfortable method.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
The idea that space-time emerges from interactions of mathematical functions is one that many theoretical physicists reject, but even they agree that space itself is an emergent property of these interactions.
1:09:12 - 1:15:22 (06:10)
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Space-Time
Summary

The idea that space-time emerges from interactions of mathematical functions is one that many theoretical physicists reject, but even they agree that space itself is an emergent property of these interactions. However, the fundamental structure of this reality remains a super weird thing to contemplate.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
The speaker emphasizes the importance of reading and understanding scientific studies before concluding the validity of any experience.
1:15:24 - 1:21:25 (06:01)
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Science
Summary

The speaker emphasizes the importance of reading and understanding scientific studies before concluding the validity of any experience. Although the speaker has experienced some unexplainable events personally, he still maintains a skeptical approach and requires extraordinary evidence to believe in anything beyond his rational beliefs.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
In this podcast episode, the host discusses the concept of Moloch, the demon of negative sum games, and how it relates to society.
1:21:25 - 1:31:09 (09:43)
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Society
Summary

In this podcast episode, the host discusses the concept of Moloch, the demon of negative sum games, and how it relates to society. They also explore the traps people can fall into, such as relying on appearance for success, and how it affects societal balance.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
8 Sleep is a tool that has reduced sleep interruptions by up to 40% and helps its users fall asleep faster.
1:31:09 - 1:36:55 (05:46)
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Sleep
Summary

8 Sleep is a tool that has reduced sleep interruptions by up to 40% and helps its users fall asleep faster. You can find a link to 8 Sleep on liveberry.com, and to other resources on Tim's blog.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show
Athletic Greens all in one formula is a nutrient-dense formula containing vitamins, minerals, probiotics, prebiotics, and digestive enzymes.
1:36:55 - 1:38:42 (01:46)
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Athletic Greens
Summary

Athletic Greens all in one formula is a nutrient-dense formula containing vitamins, minerals, probiotics, prebiotics, and digestive enzymes. With the current offer, you get a free vitamin D supplement and five travel packs with a subscription purchase.

Episode
#611: Liv Boeree, Poker and Life — Core Strategies, Turning $500 into $1.7M, Cage Dancing, Game Theory, and Metaphysical Curiosities
Podcast
The Tim Ferriss Show