@marketfolly: Like the Buffett-poker $BNI quote “It’s an all-in wager on the economic future of the United States, I love these bets.” $$
Traderfeed discusses unreasonable expectations for traders – and my comment on how poker helps with this – http://bit.ly/2WkIaq $$
You’re right because your facts and reasoning are right, but some investments (like cards) go bad – Buffett’s logic, http://bit.ly/4oEIzj $$
“Named must your fear be before banish it you can.” – Yoda. Poker can help you to name (and maybe banish) your investing fear(s). $$
We often overestimate our composure under investing pressure – play poker to make sure you know yourself – http://bit.ly/1ql0GA $$
Good poker players know it is crucial to make the right decision, regardless of the cards. Investing the same – http://bit.ly/4oEIzj $$
Greenbackd was a bad poker player and mis-estimated implied odds with VVTV (ShopNBC) – missed an 1100% gain – http://bit.ly/3CQHQJ $$
Poker pro Fredrik Paulsson: poker players are active capital managers and equipped to deal with the stock market – http://bit.ly/1BbIIS $$
Poker pro Phil Gordon approaches the game as “strategic investing” and has “reasonable expectations” – http://bit.ly/1BbIIS $$
This Time is Different: 8 Centuries of Financial Folly – Rogoff & Reinhart – Poker teaches you that it never is – http://bit.ly/1sipJR $$
Instinct for the odds, weighing risk and acting decisively – hallmarks of a great trader and a steely poker champ – http://bit.ly/4scW6T $$
@EpicureanDeal – Jefferson did say that. General Xavier X Hummel quotes it in “The Rock” – shows that good film scripting can be educational
@pkedrosky – happy that Mr. Grizzly Short Fund has confidence in the market – I like the advice of practitioners with good long records
How does your ability to make financial decisions change over time? – Vanguard Blog – http://bit.ly/3bEexB $$
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