Episode Details

Erik Seidel folds king-nine because a weak side card leaves you drawing to second-best. Warren Buffett skipped that fold in 1962, spent 20 years buying looms for a dying textile mill and put the bill at over $200 billion in forgone compounding.

Featuring: Erik Seidel, Warren Buffett, Charlie Munger, Maria Konnikova, Doyle Brunson, Derek Sivers

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Chapters:

(00:00) Erik Seidel folds king-nine as a trouble hand
(01:01) Warren Buffett buys Berkshire Hathaway's textile mill
(01:38) Twenty years pouring money into new looms
(02:03) Charlie Munger's Too Hard box
(02:18) Derek Sivers on hell yeah or no

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