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View Full Version : A top pro poker player has joined the world's largest hedge fund


Jeff P
01-19-2018, 02:08 PM
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/what-poker-sharks-have-in-common-with-wall-street-traders-2018-01-18

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...




-jp

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Dave Schwartz
01-19-2018, 04:33 PM
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/what-poker-sharks-have-in-common-with-wall-street-traders-2018-01-18


-jp

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Jeff,

That is a REALLY GOOD article and an even better quote.

thaskalos
01-19-2018, 08:59 PM
Believe it or not...Aaron Brown posted here (very briefly) a couple of years ago, under his own name. But I told him that I greatly enjoyed his book The Poker Face of Wall Street...and he never posted here again.