View Single Post
  #52  
Old 05-24-2006, 02:10 PM
Leptyne Leptyne is offline
Senior Member
 
Join Date: Apr 2005
Location: in the cut
Posts: 1,219
Default Re: Winrate vs. variance thread...how much would you pay to not lose?

I feel this is a lifestyle question of secutity that plagues people. There is a dfference in the security of working for a wage with excellent benefits and a nice retirement plan v. working on a commission basis with no benefits. The same example applies to the difference in investing your money in the market, or a business, v. buying Government Bonds.

So, when you adapt your game to eliminate risk, and take the resultant lower, but constant earnings, the question would become how much risk would you be willing to take to increase your earnings.

The problem of emotional balance is a situation that each player has to come to terms with....and deal with individually.
Reply With Quote