Monte carlo

Thursday

Kartik Kumar

A week at the World Backgammon Championship

From our US edition

Most people will know that there are no rivers in Monaco. The one I found there is the metaphorical waterway used by poker player and professional pollster Nate Silver to describe an ecosystem of people and ideas focused on probabilistic thinking and calculated risk-taking. The term is derived from poker, where the last community card to be revealed in a game of “Texas Hold ’Em” is known as the River. Poker players paddle about in the river, but so do stock-market traders, venture capitalists and anyone else consistently taking calculated risks. A politician deciding how to respond to Covid or a foreign invasion is “in the river.” In the broadest sense, we all live in it as we make risky decisions in an uncertain world, tipping our hats to Heraclitus from time to time.

backgammon

Thursday

Taki

How Monte Carlo went to hell

I now find resorts more fun out of season. Civilised tourists are as rare as an intelligent Hollywood movie, so local talent will do nicely, and to hell with the vulgar jet set. Gstaad is perfect in June and July, March and April, as are St Moritz, the Ionian Islands, and Patmos, my next destination. Once upon a time the French Riviera was a must, but now it’s a sweaty hellhole, a shabby place for not so sunny people. Although I spent my youth on the Riviera, I was two going on three in 1939, the time I would have chosen to be an adult had I been given the choice. Old hands there used to tell me about that summer, the gayest – in the old sense of the word – on record.