01-19-2018, 01:08 PM
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#1
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Registered User
Join Date: Dec 2001
Location: JCapper Platinum: Kind of like Deep Blue... but for horses.
Posts: 5,293
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A top pro poker player has joined the world's largest hedge fund
MarketWatch|Published: Jan 19, 2018 8:11 a.m. ET
This is why poker players do so well on Wall Street:
https://www.marketwatch.com/story/wh...ers-2018-01-18
Quote:
Both poker players and investors must be impartial and well-acquainted with risk...
The most successful poker players and investors know what it feels like to take a serious risk, and they don't let it rattle them too much. Maybe they’ve even "pushed the rent money into the middle of the table," Brown says.
"People who haven't had that experience find it very difficult to separate the decision from the result," he said. In other words, both gamblers and traders must be able to judge their decision-making process impartially and understand why it worked or didn't...
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