This week on Money for the Rest of Us, we don't have a regular podcast episode or a new Plus episode if you're a member of our premium community Money for the rest of us Plus.

We remastered an older episode

2003 that was released in May 2018 and proved the audio quality took out a lot of

the gaps and it's one of my favorite

episodes about how to make better investment decisions we referred to work by

Andy Duke Daniel Kahneman Benjamin Hoff on Taoism, and Edward Slingerland,

his book Trying Not to Try.

In the episode, I mispronounce his name every single time. It's Slingerlin, not Singerlin. I was

reminded of key learnings on how to make better investment decisions, life

decisions in this episode.

I hope that you enjoy this re-release of episode 203

is investing more like poker or chess. We'll be back next week with episode 490.

Welcome to money for the rest of us. This is a personal finance show. It's on money, how it works, how to invest it, how to live, without worrying about it.

I'm your host David Stein, today is episode 203.

Its title is Investing, like Poker or Chess, or is Life More Like Poker or Chess.

I spent a lot of time playing both chess and poker as a teenager, particularly in the eighth grade where I had a very

influential teacher. His name was Bob Hazzie. He was the English teacher, but he also, I guess was the drama teacher, but

didn't even, I don't think he got paid to be a drama teacher, but he would put on a musical every year, go to France every summer, and he would organize his desk into sort of six to eight desks pushed up together.

And I would play poker at those desks during class.

I would secretly shuffle the cards, hand him out to my classmates in our little island, a desk

never got caught and I thought I was pretty cool. I was able to play, teacher never called me out, until many years later I realized maybe I wasn't

quite that smart. Maybe he just overlooked it because he had called me out for other things.

...