paralells between texas holdem and the capital markets

Started Jan 26 at 2:40AM (EST) (By ellkell)

Symbols: AAPL

kiplingers recently put out an article based on some MIT research that compares the game texas holdem to picking stocks. I recently became the tucson champ of texas holdem after only seven games. I got a free flight to Vegas and a shot at the title. I go in april. I applied much of what I have learned here at mg to my game and am studying the fascinating links between game theory and investing.

heres the article:
http://www.​gambling911.​com/poker/ki​plingers-play​ing-poker-ca​n-make-you-mo​re-successfu​l-011210.html

4 Comments

Top 1%

beancounter

beancounter

Jan 26 at 8:42AM (EST)

It is absolutely true. Goodl luck on the trip!

Top 1%

guliamo

guliamo

Jan 26 at 1:53PM (EST)

Wow..
You're the man ellkell - Good luck with it!

Top 1%

VicthebrickV

VicthebrickV

Jan 26 at 2:42PM (EST)

Nice!! Good luck in the vegas tourney.

You could apply the way AAPL traded over the last few days. They bring the stock down to shake out the nervous players (even this morning) and then take it right up before the news tomorrow.

Top 1%

guliamo

guliamo

Jan 26 at 3:46PM (EST)

I just think people have a hard time grasping how powerful that company has come to be. Next phase for Apple is media dominance - they are already selling HBO on iTunes and i see them bigger in broadcasting than NBC in 5 years. This one's a keeper, no doubt :)

Symbols:

Typing a symbol in capital letters (e.g AAPL) will tag it.

Ranked Top 1%

ellkell

(Why follow?)

ellkell

  • Returns
  • Today-0.95%
  • Monthly Avg7.28%
  • (Vs. S&P 500)3.96%
  • YTD-3.97%
  • Stats
  • Member SinceJul '08
  • Trades/Month380.1
  • Risk
  • Volatility (STD)High
  • S&P Correlation (R²)3.8%
  • Beta0.61
- Advertisement -