Thursday, 1 February 2024

Repeating what works is a pretty smart bet

There's a phrase I don't love, "You're either winning or your learning." I don't love it because the highest-signal learning should come from winning, not losing. Repeating what works is a pretty smart bet. But when you come up short, you darn well better learn. The key is to distill the proper lesson.  Sometimes, you make all the right moves and lose. This is called bad luck. You don't want to abandon a winning strategy because of a bad beat. 

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