Tennis, Game Theory, & Learning To Balance Strengths & Weaknesses
Every Tuesday the Mind Your Decisions blog posts an article relevant to game theory. Today, the article uses the game of tennis to explain how to balance inner strengths with weaknesses. The article is an interesting read, particularly if you like learning about probabilities & decision making. Also, the concept of playing your advantage is very important for investors and is also mentioned in this article. Click Here To Read About Using Game Theory To Balance Your Strengths With Weaknesses
Article Introduction & Excerpt (Via Mind your Decisions)
Top ranked tennis player Raphael Nadal seems to win by surprising opponents with his unexpected left-handed spin..but perhaps even more surprising is that Nadal is naturally right-handed! It might be fair to say that Nadal’s success stems not just from his bulging muscles, but also from his ability to surprise opponents. The key to success in tennis, and many competitive games, is finding the right mix. At the heart of the problem is understanding randomness and knowing when to play your strength or your weakness. This is easier said than done, however, as today’s problem will illustrate.
“When choosing the right mix, it is not just about playing to your strength. It is important to play to your advantage, which may require you play your weakness more often. This becomes even more important as your strength improves!”
Click Here To Read About Using Game Theory To Balance Your Strengths With Weaknesses