This concept comes up among poker players. Smarts corresponds to an ability to talk about the correct play in a hand in theory. Toughness corresponds to a player’s ability to continue to play well in a downswing. There are a lot of correct plays that can lead to bad outcomes with high frequencies. Sometimes a player encounters so many bad outcomes that they begin to doubt whether the play is correct.
This concept comes up among poker players. Smarts corresponds to an ability to talk about the correct play in a hand in theory. Toughness corresponds to a player’s ability to continue to play well in a downswing. There are a lot of correct plays that can lead to bad outcomes with high frequencies. Sometimes a player encounters so many bad outcomes that they begin to doubt whether the play is correct.