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....
Read the full article on Seeking Alpha
For further details see:
Investing Lessons From The World Series Of Poker