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Caro's Threshold of Misery

I played cards for a few years, and I quite enjoyed it. I don't play any more, but sometimes a lesson I learned comes back to me.

There's one writer on poker I learned a tremendous amount from. His name's Mike Caro, and he was one of the first people taking serious interest in the psychology of poker. He wrote a famous book called "Mike Caro's Book of Poker Tells", which is excellent and highly recommended. The basic premise is that people act strong when weak and weak when strong. So if you hear a very little sigh when someone is betting, almost like they're sad, then they've probably got a strong hand. If they're pushing the chips forwards with a little extra force when betting, they're probably bluffing.

This was all very fascinating to me, I loved learning that kind of thing. I'd recommend Caro's Book of Tells to anyone, regardless if you play cards or not. But he also has written quite a bit on self-psychology and discipline in poker. Today I recalled one of Caro's general principles:

Caro’s Threshold of Misery suggests that once you move beyond the maximum you expected you could lose, you stop feeling any more pain, and you’re in danger of damaging yourself further by making weak decisions.

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On Alan's Journey

I'm curious about what your personality type is, in accordance with the Myer-Briggs Type Indicator (MBTI) personality profiles. If you're curious too, then fill out this quiz so that you can see what your type is, and let me know in the comments below.


I'm an INTP

My own type is INTP. It means I'm Introverted, iNtuitive, Thoughtful and Perceptive. I'm going to copy the most interesting parts of its description and talk about it.

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