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Old 08-07-2007, 04:19 PM
fnord_too fnord_too is offline
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Join Date: May 2004
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Default Re: How many online pros average +500k a year in the world?

[ QUOTE ]
It is a lot MORE consistent money if you are good at poker to play poker than if you are a good trader and you personally invest.

[/ QUOTE ]

I completely disagree but even if you are correct a fund manager or trader not investing his own money has a guaranteed up side (his salary, unless and until he get fired), a huge variable up side (his bonus) and zero downside. The distribution is strictly to the right of zero.

But fundamentally, trading is not intrinsically a zero or negative sum game because the market should be growing at least with population. Poker on the other hand is intrinsically a negative sum game because money is taken off the table by the house.

Additionally, as has been noted, the scale of money is way off. And poker is variant as hell. The best cannot make money consistently at the high levels. They make it in the long run, but the graphs are pretty jagged. And if you play at a level where they are not so jagged, you are not playing for anywhere near comparable money (except maybe on the party of yesteryear, maybe, but probably not even there).
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