TexasHoldemInvesting.com – 2009 Review and 2010 Objectives

December 31, 2009

All good investment practitioners should review performance at the end of each year compared to expectations at the start of the year and set goals for the next year.  My expectations for 2009 were low since I hadn’t even started despite 2 years of thinking about it, so that is the benchmark.  So here goes [...]

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“This Time It’s Different” – It never is – In both poker and investing (ref Kid Dynamite)

December 30, 2009

Kid Dynamite of the Friday In Vegas blog posted an excellent article – “Synthetic CDO’s, Spanish 21 and Sports Betting” (also posted on SeekingAlpha and Clusterstock) – which uses gambling, sports betting, and even references to Susquehanna in an effort to explain why perhaps Goldman Sachs and other financial institutions are not totally at fault [...]

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Texas Holdem Investing – Tweets Update – 2009-12-13

December 13, 2009

Two Texas Holdem Investor titans working together Vs Donald Trump – Carl Icahn & Andy Beal – what a poker game! http://bit.ly/6A1rSb Suckers of the Future Groomed With Stock Game – they should be groomed with poker to learn about risk properly – http://bit.ly/7QI1hs Like a good poker player, the best investors avoid playing when [...]

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Hedge Fund Managers & Poker – Texas Holdem Hedgies (guest post at MarketFolly)

November 25, 2009

This article was originally a guest post at MarketFolly.  Many thanks to Jay and MarketFolly for the kind opportunity to post at such a widely-read site. The hedge fund literature is full of references to the poker exploits of some of the great hedge fund managers. This part of hedge fund lore is one of [...]

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Investment Firms That Use Poker

November 20, 2009

Following Mason Levinson’s Bloomberg article about poker and investing, I was very encouraged as it seems that perhaps Texas Holdem Investing is hitting the mainstream. I think that Mason’s article may have been inspired by amongst other things the decision by the latest winner of the World Series of Poker – Joe Cada – to [...]

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Texas Holdem Investing – Tweets Update – 2009-11-13

November 13, 2009

Texas Holdem Investing online book – new chapter – Step 11: Position in Texas Holdem and Investing – http://bit.ly/rlC5l $$ William Bernstein – 4 investing (and poker) skills – Interest; Math; Financial History; Emotion Control – http://bit.ly/4yXMJB $$ William Bernstein – 1/1000 people have ability to succeed at investing – poker can help tell if [...]

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The World Series of Poker (WSOP) Investment Banker – Steven Begleiter

November 6, 2009

Steven Begleiter is the latest (ex-)investment professional to hit the headlines for exceptional performance at the Texas Holdem Main Event at the World Series of Poker which starts on November 7th at the Rio Hotel in Las Vegas. However, there is a twist with Begleiter because his investment background is quite different to past investor [...]

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TexasHoldemInvesting – Weekly Tweets for 2009-11-03

November 3, 2009

@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 [...]

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TexasHoldemInvesting – Weekly Tweets for 2009-10-27

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 – [...]

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Dr. Bob Rotella, Golf, and (Texas Holdem) Investing – Part 2 (of 2)

October 15, 2009

Part 1 of this post series discussed why sports analogies should be used with care when discussing their relevance to investing and trading. With those points in mind Part 2 goes through Dr. Bob Rotella’s 10 Rules on Mental Fitness from and notes some areas where the interpretation of Dr. Rotella’s rules for golf should [...]

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