TexasHoldemInvesting – Weekly Tweets for 2009-10-27

by MaskedFinancier on October 27, 2009

# Step 10 of Texas Holdem Investing – New Chapter Posted – Bankroll & Money Management – http://bit.ly/3POE7K $$

Buffett & Munger – Avoid complex maths and theories – http://bit.ly/8iSAr – Texas Holdem Investing can help develop a simpler approach $$

The Symbolic Power of Money – Your brain thinks money is a drug – might explain all the bad decisions about it – http://bit.ly/17hYNz $$

What does poker have to do with investing? A lot it seems – 7Million7Years – http://bit.ly/eD48v $$

Chris Ferguson’s $0 – $10k bankroll management challenge – http://bit.ly/2Ff0Jbhttp://bit.ly/4p96rD $$

Minyanville – Five Questions to Ask Yourself Before Any Trade – http://bit.ly/6yUNG $$

Van K. Tharp – Poker and Trading Mistakes Part I – knowing probabilities and your “edge” – http://bit.ly/SCHbP $$

FT – Martin Wolf – Ending the casino would break the bank – http://bit.ly/3Un2YX $$

More of the online Texas Holdem Investing book posted – Step 7: Capital – Step 8: Poker and Investing Costs – http://bit.ly/rlC5l $$

Annie Duke Poker Tips that are Applicable to Trading – from EarningsBreakout – excellent post (and video) – http://bit.ly/1qHw8t $$

Getting It Wrong: Surprising Tips on How to Learn – Just like Poker and Investing – Scientific American – http://bit.ly/fSIR4 $$

@TheKirkReport – great Kovner quote about not personalizing losses – a true Market Wizard $$

Ten Characteristics Brett Steenbarger Sees in Successful Traders – http://bit.ly/3J5D63 – and my Texas Holdem Investing analysis comment $$

What We Can Learn From Trading and Poker – Brett Steenbarger – Trader Coach – http://bit.ly/25sO0K $$

David Einhorn’s (Texas Holdem Investor in reverse) speech to the Value Investing Congress – http://bit.ly/FWfnd Personal Finance tips (spending and saving) learnt from playing poker – http://bit.ly/WRGm0 $$

@RatioTrader – correct about needing a trading plan – it is essential: Fail to Plan, Plan to Fail…. $$

Bill Gross: gambling & money mgmt are the same – spread risk and avoid being emotional while focused on the odds – http://bit.ly/3V5Gql $$

Investopedia’s take on similarities (and differences) between investing and gambling (not poker specifically) – http://bit.ly/3dJCPX $$

Dr. Bob Rotella, Golf, and (Texas Holdem) Investing – Part 2 (of 2) – New TexasHoldemInvesting post – http://bit.ly/2f7LL5 $$

Poker mixes Puritan values — self-control, slow saving — with the free-market cowboy’s desire to get rich quick – http://bit.ly/OzfKG $$

Dan Solin – the risk of not understanding risk-adjusted returns – http://bit.ly/3mIS9Y $$

Super smart entrants to banking ended up busting Wall Street – they should have learnt some poker first… http://bit.ly/2HjBbX $$

@WSCS – great link to Annie Duke interview – investors can learn alot by listening re skills for good poker play – http://bit.ly/1RitcS $$

Investing, gambling, & bounded rationality from the Financial Philosopher (with some Blaise Pascal) – http://bit.ly/dp6wc $$

The trouble with investor behaviour – http://bit.ly/hyCN6 $$

Teddy Sheringham (ex Man United player) likes poker – and figured out how to win in dodgy dens (e.g. Wall St?) – http://bit.ly/dtrwB $$

Famous Airman and poker – Kirk Kerkorian used his poker winnings to buy the fledgling Trans Int’l Airlines – http://bit.ly/sdFUX $$

Famous Oilman and poker – all H.L. Hunt needed was a deck of cards and some poker chips – http://bit.ly/sdFUX $$

Poker chips, the Probability Problem, and equities investing from HedgeCo – http://bit.ly/qJxhS $$

James Simons – hedge fund king (Renaissance Technologies) and avid poker player – retires – http://bit.ly/GOcEN $$

@howardlindzon – great analysis that gambling is one of the few honest pursuits left – Mark Cuban would agree – http://bit.ly/xmeMg $$

Occidental CEO not worried that Phibro traders will “gamble away the money” – http://bit.ly/Viy3B $$

Dr. Bob Rotella and how relevant is sports to investing – new post at Texas Holdem Investing – http://bit.ly/2iuiR2 $$

Kiplinger shows how to Be A Better Investor through managing emotions and reducing fees – http://bit.ly/whAF7 $$

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