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How to Live on 24 Hours a Day

A big, big thanks to Ryan Waggoner for recommending this excellent, short book.

Here's what Ryan has to say about it:

The title would have you believe it’s about time management, and it is, partly. But it’s also about living deliberately, and about why you should manage your time in the first place. It’s a very quick read, no more than an hour or so, but the principles in the book are incredibly valuable. - http://ryanwaggoner.com/2010/09/how-to-live-on-24-hours-a-day/

I'm a fan of Ryan's work and writing on productivity and habits, so I went and checked the book out. First, yup, it's easy to read in one sitting. Second, yes, there's a lot of good insights into why you should take control over your time.

Now, I'm a person does try to live my time, so you'd think I already have plenty of reasons. And I do. But the author of How to Live 24 Hours Per Day does a really good job of getting you into thinking about things the right way. Also, the book has some really funny English humor in there.

The Long Shots

On Tynan

I have a favorite type of hand in poker. I like it because it makes up a huge chunk of my winnings at poker, is good solid play, and looks idiotic to bad poker players. It's the kind of hand that pulls hundreds of dollars in your direction, and sometimes a couple angrily-thrown cards from your opponent when he's beaten, too.

Technically the hand would be called a plus-EV underdog draw, or something like that. In plain English, it's a long shot where you have the right odds to take it.

An example might be if I have four cards to a straight and I'm missing one from the middle. So maybe I have 4 5 6 8 of various suits. Let's say that there's still one more card to come. There are forty-six remaining cards (just trust me on this one), and only four of them, the sevens, will help me. I have less than a ten percent chance at winning the hand.

And yet, sometimes it's worth calling to see the next card. If it costs me thirty dollars to see it, but there's six hundred dollars in the pot, then mathematically I'm way ahead.

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