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#24
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[ QUOTE ] ok but the apptitude one needs for poker is the same apptitudes necessary to be a successful investor. [/ QUOTE ] Nope. Do I have to play the Warren Buffet trump card? In fact one of the successful "traders" in one of the Market Wizards books (forget which one) states he was a terrible poker player. [ QUOTE ] Am I really the only guy here who plays poker professionally? [/ QUOTE ] I don't see the relevance. [/ QUOTE ] Just because you can find people that are good investors and terrible poker players doesn't mean some of the skills/approaches aren't shared between both poker and investing. Others, like hand reading or stock valuation, obviously aren't shared. For example, a large part of poker is emotional control/keeping it together during downswings. Emotional control is a huge part of trading/investing - try trading with the sheep mentality, selling whenever you hear bad news and get slightly scared - and see the types of returns you get! I'm sure there are a lot of other examples edit: for clarity, I don't know how to communicate |
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