episode
stringlengths
45
100
text
stringlengths
1
528
timestamp_link
stringlengths
56
56
Daniel Negreanu: Poker | Lex Fridman Podcast #324
and stick to a particular strategy?
https://karpathy.ai/lexicap/0324-large.html#00:41:14.380
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Yes, for the most part, you know,
https://karpathy.ai/lexicap/0324-large.html#00:41:16.900
Daniel Negreanu: Poker | Lex Fridman Podcast #324
what I'm trying to do is like,
https://karpathy.ai/lexicap/0324-large.html#00:41:19.500
Daniel Negreanu: Poker | Lex Fridman Podcast #324
I formulate a strategy for the whole seven weeks
https://karpathy.ai/lexicap/0324-large.html#00:41:21.580
Daniel Negreanu: Poker | Lex Fridman Podcast #324
cause there's a varying degree of buy ins too.
https://karpathy.ai/lexicap/0324-large.html#00:41:23.260
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Like you have small ones, like 1500,
https://karpathy.ai/lexicap/0324-large.html#00:41:25.940
Daniel Negreanu: Poker | Lex Fridman Podcast #324
then you've got like $250,000 buy in.
https://karpathy.ai/lexicap/0324-large.html#00:41:28.340
Daniel Negreanu: Poker | Lex Fridman Podcast #324
So I map out the seven weeks and right,
https://karpathy.ai/lexicap/0324-large.html#00:41:30.220
Daniel Negreanu: Poker | Lex Fridman Podcast #324
I'll give a little bit of mental energy to the 1500,
https://karpathy.ai/lexicap/0324-large.html#00:41:33.460
Daniel Negreanu: Poker | Lex Fridman Podcast #324
which means I'll be on my phone.
https://karpathy.ai/lexicap/0324-large.html#00:41:36.340
Daniel Negreanu: Poker | Lex Fridman Podcast #324
I'm not gonna, I don't care as much about this one,
https://karpathy.ai/lexicap/0324-large.html#00:41:37.580
Daniel Negreanu: Poker | Lex Fridman Podcast #324
but the 250K fully engaged, fully focused, you know,
https://karpathy.ai/lexicap/0324-large.html#00:41:39.700
Daniel Negreanu: Poker | Lex Fridman Podcast #324
up against obviously the higher the buy in,
https://karpathy.ai/lexicap/0324-large.html#00:41:43.820
Daniel Negreanu: Poker | Lex Fridman Podcast #324
you know, super top competition.
https://karpathy.ai/lexicap/0324-large.html#00:41:45.740
Daniel Negreanu: Poker | Lex Fridman Podcast #324
And you know, as far as strategy goes,
https://karpathy.ai/lexicap/0324-large.html#00:41:48.260
Daniel Negreanu: Poker | Lex Fridman Podcast #324
focusing on each day, playing the best I can,
https://karpathy.ai/lexicap/0324-large.html#00:41:50.940
Daniel Negreanu: Poker | Lex Fridman Podcast #324
not the result.
https://karpathy.ai/lexicap/0324-large.html#00:41:53.940
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Like, cause if you focus on the result,
https://karpathy.ai/lexicap/0324-large.html#00:41:55.580
Daniel Negreanu: Poker | Lex Fridman Podcast #324
you're focusing in the wrong place.
https://karpathy.ai/lexicap/0324-large.html#00:41:57.260
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Your focus should be on the decisions you actually make.
https://karpathy.ai/lexicap/0324-large.html#00:41:58.700
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Right, and if you're making good decisions consistently,
https://karpathy.ai/lexicap/0324-large.html#00:42:02.020
Daniel Negreanu: Poker | Lex Fridman Podcast #324
you have to continue to do that.
https://karpathy.ai/lexicap/0324-large.html#00:42:04.620
Daniel Negreanu: Poker | Lex Fridman Podcast #324
The frustrating part is this,
https://karpathy.ai/lexicap/0324-large.html#00:42:05.700
Daniel Negreanu: Poker | Lex Fridman Podcast #324
with poker, unlike chess or other things,
https://karpathy.ai/lexicap/0324-large.html#00:42:06.980
Daniel Negreanu: Poker | Lex Fridman Podcast #324
making the best possible decision doesn't mean you win.
https://karpathy.ai/lexicap/0324-large.html#00:42:09.060
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Often you lose, you don't, chess.
https://karpathy.ai/lexicap/0324-large.html#00:42:12.420
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Well, Magnus Carlsen has also talked about that.
https://karpathy.ai/lexicap/0324-large.html#00:42:15.540
Daniel Negreanu: Poker | Lex Fridman Podcast #324
There's some non deterministic thing about chess too,
https://karpathy.ai/lexicap/0324-large.html#00:42:20.860
Daniel Negreanu: Poker | Lex Fridman Podcast #324
given the limited cognitive capacity of the human mind.
https://karpathy.ai/lexicap/0324-large.html#00:42:25.300
Daniel Negreanu: Poker | Lex Fridman Podcast #324
So he says that the world championship should have
https://karpathy.ai/lexicap/0324-large.html#00:42:30.260
Daniel Negreanu: Poker | Lex Fridman Podcast #324
20, 30, 40, 50 games, not the few that they have.
https://karpathy.ai/lexicap/0324-large.html#00:42:33.100
Daniel Negreanu: Poker | Lex Fridman Podcast #324
It's too low of a sample.
https://karpathy.ai/lexicap/0324-large.html#00:42:36.660
Daniel Negreanu: Poker | Lex Fridman Podcast #324
So in that sense, the high stakes poker tournaments
https://karpathy.ai/lexicap/0324-large.html#00:42:38.300
Daniel Negreanu: Poker | Lex Fridman Podcast #324
are very too low sample.
https://karpathy.ai/lexicap/0324-large.html#00:42:41.980
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Sure, yeah.
https://karpathy.ai/lexicap/0324-large.html#00:42:44.300
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Well, when you think of the world series of poker,
https://karpathy.ai/lexicap/0324-large.html#00:42:45.340
Daniel Negreanu: Poker | Lex Fridman Podcast #324
so as you said, I lost about 1 million, right?
https://karpathy.ai/lexicap/0324-large.html#00:42:47.220
Daniel Negreanu: Poker | Lex Fridman Podcast #324
In one tournament, that was 500,000.
https://karpathy.ai/lexicap/0324-large.html#00:42:49.820
Daniel Negreanu: Poker | Lex Fridman Podcast #324
So then, you know, like a few others here
https://karpathy.ai/lexicap/0324-large.html#00:42:52.300
Daniel Negreanu: Poker | Lex Fridman Podcast #324
of high buying tournaments.
https://karpathy.ai/lexicap/0324-large.html#00:42:53.820
Daniel Negreanu: Poker | Lex Fridman Podcast #324
So the sample or the amount was, you know,
https://karpathy.ai/lexicap/0324-large.html#00:42:54.660
Daniel Negreanu: Poker | Lex Fridman Podcast #324
40, 50 total tournaments with, you know, high variance.
https://karpathy.ai/lexicap/0324-large.html#00:42:57.700
Daniel Negreanu: Poker | Lex Fridman Podcast #324
And if you don't run well or do well in the highest buy ins,
https://karpathy.ai/lexicap/0324-large.html#00:43:00.540
Daniel Negreanu: Poker | Lex Fridman Podcast #324
you know, you're gonna have a losing summer.
https://karpathy.ai/lexicap/0324-large.html#00:43:03.340
Daniel Negreanu: Poker | Lex Fridman Podcast #324
So you did a podcast on the mental game a few years ago,
https://karpathy.ai/lexicap/0324-large.html#00:43:06.060
Daniel Negreanu: Poker | Lex Fridman Podcast #324
but then that's just something you really care about.
https://karpathy.ai/lexicap/0324-large.html#00:43:08.780
Daniel Negreanu: Poker | Lex Fridman Podcast #324
So what aspects of the mental game in poker
https://karpathy.ai/lexicap/0324-large.html#00:43:10.660
Daniel Negreanu: Poker | Lex Fridman Podcast #324
is most difficult to master?
https://karpathy.ai/lexicap/0324-large.html#00:43:13.020
Daniel Negreanu: Poker | Lex Fridman Podcast #324
I think the most difficult thing for people
https://karpathy.ai/lexicap/0324-large.html#00:43:15.300
Daniel Negreanu: Poker | Lex Fridman Podcast #324
is self awareness, right?
https://karpathy.ai/lexicap/0324-large.html#00:43:16.940
Daniel Negreanu: Poker | Lex Fridman Podcast #324
And resilience, self awareness to know, okay,
https://karpathy.ai/lexicap/0324-large.html#00:43:18.860
Daniel Negreanu: Poker | Lex Fridman Podcast #324
so, you know, again, is it, am I not doing as well
https://karpathy.ai/lexicap/0324-large.html#00:43:21.380
Daniel Negreanu: Poker | Lex Fridman Podcast #324
as I could be because of luck
https://karpathy.ai/lexicap/0324-large.html#00:43:24.940
Daniel Negreanu: Poker | Lex Fridman Podcast #324
or is there things that I can learn?
https://karpathy.ai/lexicap/0324-large.html#00:43:26.340
Daniel Negreanu: Poker | Lex Fridman Podcast #324
And I always look to mistakes as opportunities.
https://karpathy.ai/lexicap/0324-large.html#00:43:28.020
Daniel Negreanu: Poker | Lex Fridman Podcast #324
I really do.
https://karpathy.ai/lexicap/0324-large.html#00:43:30.220
Daniel Negreanu: Poker | Lex Fridman Podcast #324
When I make a mistake in a poker hand, right?
https://karpathy.ai/lexicap/0324-large.html#00:43:31.300
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Call it a breakdown or whatever,
https://karpathy.ai/lexicap/0324-large.html#00:43:34.100
Daniel Negreanu: Poker | Lex Fridman Podcast #324
that's where breakthroughs happen.
https://karpathy.ai/lexicap/0324-large.html#00:43:36.340
Daniel Negreanu: Poker | Lex Fridman Podcast #324
And I'm like, oh, you know what I could have done here?
https://karpathy.ai/lexicap/0324-large.html#00:43:38.180
Daniel Negreanu: Poker | Lex Fridman Podcast #324
I could have done this and that would have been really good
https://karpathy.ai/lexicap/0324-large.html#00:43:40.940
Daniel Negreanu: Poker | Lex Fridman Podcast #324
and I'm gonna do that going forward.
https://karpathy.ai/lexicap/0324-large.html#00:43:43.620
Daniel Negreanu: Poker | Lex Fridman Podcast #324
So I think like with anything, you know,
https://karpathy.ai/lexicap/0324-large.html#00:43:44.900
Daniel Negreanu: Poker | Lex Fridman Podcast #324
when you start out playing golf,
https://karpathy.ai/lexicap/0324-large.html#00:43:48.060
Daniel Negreanu: Poker | Lex Fridman Podcast #324
like your goal is to just hit the ball, right?
https://karpathy.ai/lexicap/0324-large.html#00:43:50.060
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Then you try to hit it in the air,
https://karpathy.ai/lexicap/0324-large.html#00:43:52.860
Daniel Negreanu: Poker | Lex Fridman Podcast #324
then you're trying to hit it straight,
https://karpathy.ai/lexicap/0324-large.html#00:43:54.780
Daniel Negreanu: Poker | Lex Fridman Podcast #324
then you're trying to hit it on the green,
https://karpathy.ai/lexicap/0324-large.html#00:43:56.220
Daniel Negreanu: Poker | Lex Fridman Podcast #324
then you're trying to hit it closer to the green
https://karpathy.ai/lexicap/0324-large.html#00:43:57.980
Daniel Negreanu: Poker | Lex Fridman Podcast #324
to the point where the pros get where, you know,
https://karpathy.ai/lexicap/0324-large.html#00:43:59.220
Daniel Negreanu: Poker | Lex Fridman Podcast #324
they're so finite, they're trying to hit it 63 yards
https://karpathy.ai/lexicap/0324-large.html#00:44:02.180
Daniel Negreanu: Poker | Lex Fridman Podcast #324
and spin it back three yards.
https://karpathy.ai/lexicap/0324-large.html#00:44:05.180
Daniel Negreanu: Poker | Lex Fridman Podcast #324
It's imperfect.
https://karpathy.ai/lexicap/0324-large.html#00:44:06.940
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Like they don't hit the perfect shot
https://karpathy.ai/lexicap/0324-large.html#00:44:08.460
Daniel Negreanu: Poker | Lex Fridman Podcast #324
because the perfect shot for them is it goes in,
https://karpathy.ai/lexicap/0324-large.html#00:44:10.340
Daniel Negreanu: Poker | Lex Fridman Podcast #324
but they try and make the mistakes smaller
https://karpathy.ai/lexicap/0324-large.html#00:44:12.820
Daniel Negreanu: Poker | Lex Fridman Podcast #324
and smaller and smaller.
https://karpathy.ai/lexicap/0324-large.html#00:44:14.580
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Poker is the same.
https://karpathy.ai/lexicap/0324-large.html#00:44:15.540
Daniel Negreanu: Poker | Lex Fridman Podcast #324
We all make mistakes consistently.
https://karpathy.ai/lexicap/0324-large.html#00:44:17.060
Daniel Negreanu: Poker | Lex Fridman Podcast #324
The goal is to minimize, especially the big ones.
https://karpathy.ai/lexicap/0324-large.html#00:44:19.180
Daniel Negreanu: Poker | Lex Fridman Podcast #324
What was the lowest point for you psychologically
https://karpathy.ai/lexicap/0324-large.html#00:44:23.180
Daniel Negreanu: Poker | Lex Fridman Podcast #324
in poker in general, actually?
https://karpathy.ai/lexicap/0324-large.html#00:44:27.500
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Maybe it was this year, maybe it was in general.
https://karpathy.ai/lexicap/0324-large.html#00:44:28.900
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Do you remember there was times in your life,
https://karpathy.ai/lexicap/0324-large.html#00:44:31.220
Daniel Negreanu: Poker | Lex Fridman Podcast #324
speaking of resilience,
https://karpathy.ai/lexicap/0324-large.html#00:44:33.380
Daniel Negreanu: Poker | Lex Fridman Podcast #324
that were extremely difficult to you mentally?
https://karpathy.ai/lexicap/0324-large.html#00:44:34.860
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Yeah, so early on, you know, as basically as a teenager,
https://karpathy.ai/lexicap/0324-large.html#00:44:37.660
Daniel Negreanu: Poker | Lex Fridman Podcast #324
I was playing in Toronto and then in my early 20s,
https://karpathy.ai/lexicap/0324-large.html#00:44:41.260
Daniel Negreanu: Poker | Lex Fridman Podcast #324
I'm like, I'm going to Vegas, right?
https://karpathy.ai/lexicap/0324-large.html#00:44:43.100
Daniel Negreanu: Poker | Lex Fridman Podcast #324
And I thought I was the best.
https://karpathy.ai/lexicap/0324-large.html#00:44:44.780
Daniel Negreanu: Poker | Lex Fridman Podcast #324
I'm like 21 years old, I'm like, check me out, right?
https://karpathy.ai/lexicap/0324-large.html#00:44:46.340
Daniel Negreanu: Poker | Lex Fridman Podcast #324
Show up with $3,000, 24 hours later, you know, money's gone.
https://karpathy.ai/lexicap/0324-large.html#00:44:49.620
Daniel Negreanu: Poker | Lex Fridman Podcast #324
And I remember the moment vividly.
https://karpathy.ai/lexicap/0324-large.html#00:44:54.940
Daniel Negreanu: Poker | Lex Fridman Podcast #324
It was at the Binion's Horse,
https://karpathy.ai/lexicap/0324-large.html#00:44:58.420
Daniel Negreanu: Poker | Lex Fridman Podcast #324
it was about three in the morning.
https://karpathy.ai/lexicap/0324-large.html#00:44:59.260
Daniel Negreanu: Poker | Lex Fridman Podcast #324
I was playing with seven other people.
https://karpathy.ai/lexicap/0324-large.html#00:45:00.580
Daniel Negreanu: Poker | Lex Fridman Podcast #324
You know, I lost my last chips.
https://karpathy.ai/lexicap/0324-large.html#00:45:02.740
Daniel Negreanu: Poker | Lex Fridman Podcast #324
I went to the bathroom, washed up, got out.
https://karpathy.ai/lexicap/0324-large.html#00:45:04.580
Daniel Negreanu: Poker | Lex Fridman Podcast #324
They all left.
https://karpathy.ai/lexicap/0324-large.html#00:45:08.100
Daniel Negreanu: Poker | Lex Fridman Podcast #324
And it was like a moment where I realized like, okay,
https://karpathy.ai/lexicap/0324-large.html#00:45:09.540