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How to Beat an Asymmetric Game Using Minimax Theory

No B.S. Job Search Advice Radio

1m
Transcript

Original podcast

Summary

Written by a model from the transcript; not yet reviewed.

This episode explains how to apply Minimax theory and mixed strategies to win an asymmetric game where your opponent has restricted options. The speaker uses a quantitative interview question involving rock, paper, scissors to show how eliminating inferior choices and randomizing the remaining options at a precise ratio can mathematically guarantee a profit against a rigged system.

  • Mathematically guarantee profit in a rigged game by eliminating useless options and using a mixed strategy. 0:15

Highlights

Quotes

  • “A mini max strategy mathematically guarantees profit in a rigged game.”
    Unnamed speaker · 0:15
  • “Your paper always performs worse than your scissors here, so cross paper off completely,”
    Unnamed speaker · 0:28
  • “If you randomly play rock one-third of the time and scissors two-thirds of the time, their counter choices cancel out.”
    Unnamed speaker · 0:44
  • “And that guaranteed 33 cents per round is how you mathematically beat the house.”
    Unnamed speaker · 0:50
  • McDonald's 0:00–0:13
  • jobsearch.community 0:56–1:08

About this episode

EP 3249 When the rules are stacked, relying on gut instinct or equal distribution will bankrupt your position. This breakdown solves a classic quant interview puzzle by eliminating dominated choices and establishing a mathematically airtight mixed strategy. Execute this exact ratio to turn an opponent's constraint into a guaranteed profit on every single exchange. ABOUT JEFF ALTMAN, THE BIG GAME HUNTER People hire Jeff Altman, The Big Game Hunter to provide No BS job search coaching and career advice globally because he makes job search and succeeding in your career easier. Schedule a discovery call to speak with me about one-on-one or group coaching during your job search at ⁠www. TheBigGameHunter.us https://www. TheBigGameHunter.us. You will also find great info and job search coaching to help with your job search at ⁠⁠ https://www. JobSearch. CommunityJobSearch. Community⁠⁠ https://www. JobSearch. Community You can get free copies of ✅ 25 Interview Questions and Answers, ✅How to Craft a Compelling Elevator Pitch in 20 Seconds or Less, ✅Get Ready for the Job Jungle, ✅Diagnosing Your Job Search Problems, ✅No BS Resume Advice, and ✅Prove Your Worth First, Then Negotiate. ✅Receive free weekly suggestions and more. If you'd like to thank me for my advice and/or content, buy me a coffee at buymeacoffee.com/JobSearchTV https://buymeacoffee.com/JobSearchTV Subscribe to No BS Job Search Advice Radio, the #1 podcast in Apple Podcasts for job search with more than 3200 episodes. Follow me on https://https://www.linkedin.com/in/TheBigGameHunterLinkedIn https://https://www.linkedin.com/in/TheBigGameHunter: ⁠https://www.linkedin.com/in/T⁠⁠heBigGameHunter⁠ https://www.linkedin.com/in/TheBigGameHunter We grant permission for this post and others to be used on your website as long as a backlink is included to ⁠www. TheBigGameHunter.us⁠ https://www. TheBigGameHunter.us and notice is provided that it is provided by Jeff Altman, The Big Game Hunter as an author or creator. Not acknowledging his work or providing a backlink to ⁠www. TheBigGameHunter.us⁠ https://www. TheBigGameHunter.us makes you subject to a $1000 penalty which you proactively agree to pay. Please contact us to negotiate the use of our content as training data.

Transcript

0:00
1:11

313 words · 3 speakers

Topics

  • Sausage McMuffin with egg

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