Raising the Stakes: Investing and the Art of Risk Taking

episode

The Outthinking Investor with Daleep Singh not yet transcribed

▲ 0

Transcript

This episode hasn't been transcribed yet Upvotes decide what gets transcribed next — 0 so far. Sign in to upvote

More from The Outthinking Investor with Daleep Singh

Chip Craze: Framing Industrial Policy for the AI Era 37 min · 11 Aug 2026

The Power Play: Is Fusion Nearing a Kitty Hawk Moment? 23 min · 20 Jul 2026

Warsh's Opening Act: Inside the Fed's Regime Shift with James Bullard 23 min · 07 Jul 2026

Strategic Stalemate: What Investors Miss About U.S.-China Competition 37 min · 08 Jun 2026

All episodes from The Outthinking Investor with Daleep Singh →

Report any issue

Source

Recorded11 Mar 2025

Publisherblm5757040378.libsyn.com ↗

Handlerec:5525352

Show notes

With a standard deck of cards, there are around 2.5 million potential hands at the start of each game of poker. The key to success is in the decision process—determining how to play a hand, and how much to bet, despite not knowing which cards are in another player's hand. Like in poker, every investment decision includes at least some degree of uncertainty. What lessons can poker teach investors about sizing their bets, managing risk, and making better decisions for their portfolio? This episode is not intended to promote gambling or equate investing to gambling. This episode of The Outthinking Investor delivers insights on the benefits of probabilistic thinking, the best methods for analyzing portfolio decisions, and how investors could develop a sound decision-making process for targeting returns - even when facing uncertainty and market volatility. Our guests are Annie Duke, a decision scientist, former world-class professional poker player, and the author of books including "Thinking in Bets" and "Quit"; Tina Lindstrom, Head of Oil Derivatives Trading for North America at Marex; and Adam Papallo, Head of Implementation Research at PGIM Quantitative Solutions. Do you have any comments, suggestions, or topics you would like us to cover? Email us at [email protected], or fill out our survey at PGIM.com/podcast/outthinking-investor.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.