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Daniel Negreanu

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1935 total appearances

Appearances Over Time

Podcast Appearances

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

If I go in on you, are you going to call me?

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

And risk like, you know, guaranteed pay jumps of like moving up a few spots.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

So really the question comes down to like, are you the type of guy who just wants to inch up?

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

Or are you going to go for it?

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

And you're going to go for the win.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

I think ultimately there's some value in being the guy who says, you know, I don't care if I come seventh.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

I'm not worried about going from seventh to fifth.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

I'm here to win.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

They're the ones that are willing to risk it, right?

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

So there are some people who, you know, if there's five left...

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

you know, and they're third in chips and there's two guys very short and you, you know, they'll have ace king and someone moves, they'll just fold.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

They fold the hand because they want to wait for those two other players to get broke.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

And that way they let, you know, they make actual money.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

So you, I guess the thought process between winning first place and winning the most amount of money are different.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

They're conflicting, right?

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

Because in order to like win the, if you're just, if your focus is only on winning the tournament, you will make mistakes financially where you had guaranteed income for just folding, right?

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

Let's say a guy has one chip left.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

You know, one chip and me and you have good chips and I go all in with you and I lose.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

Now that guy, you know, got the guaranteed, you know, he got the pay jump that I wouldn't have got.

Lex Fridman Podcast
#324 โ€“ Daniel Negreanu: Poker

So there's some extremely stupid mistakes you can make from a financial perspective, but it's often at odds with, you know, giving yourself the best chance to actually come first.