VOO - Investing Lessons From The World Series Of Poker

2024-06-25 04:15:02 ET

Summary

• A study shows hedge fund managers who cashed in poker tournaments outperformed the stock market by 1-5% annually.
• Discussion on how skills from poker, such as knowing yourself and money management, can translate to successful investing.
• Make more money investing by gambling less.

I have been playing poker since a fun high school party. Infer what you want. Since then, I made my beer and gas money in college, made thousands online, paid for vacations and bought a car all with poker winnings.

I've been playing professional tournaments since friends pulled me back in after a 5-year poker hiatus. Switching from playing against other amateurs to the pros is a massive step. It's a lot like investing against the big money in the markets....

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