Sublime
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There are the more legitimate booths, too. D&B Poker, a publisher of poker books, is advertising a new book by Chris Moorman, about his path to becoming “the most successful online poker player of all time.” A huge cardboard cutout of what I assume is Moorman himself stands next to a display of books.
Maria Konnikova • The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and Win
There’s never a default with anything. It’s always a matter of deliberation. Even seven-deuce—the worst hand, statistically speaking, that you can be dealt—can be playable in the right circumstances. The thing is, the circumstances are usually not right—and the hyper-aggressive player may run over everyone for a while and forget that at some point,
... See moreMaria Konnikova • The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and Win
“Will this be reported to the Hendon Mob?” I ask the man who’s counting out my payout. The Hendon Mob is the website that tracks all poker players’ tournament winnings, and I’m excited at the thought that I will be Hendon-official. It’s a certain badge of honor, in my mind. It means I’ve actually progressed.
Maria Konnikova • The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and Win
The newest technical papers and the oldest books are the best sources of arbitrage. They contain the least popular facts and the most monetizable truths. What do you know to be true that others cannot or will not bring themselves to admit? There is your competitive advantage.
Eric Jorgenson • The Anthology of Balaji: A Guide to Technology, Truth, and Building the Future
As for stocks, I like Peter Lynch’s book Beating the Street for his formula for selecting stocks that grow in value.
Robert T. Kiyosaki • Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!
The lower your M, the more in danger you are of busting the tournament sooner. And the letter M itself? It comes from the last name of a player named Paul Magriel.
Maria Konnikova • The Biggest Bluff: How I Learned to Pay Attention, Master Myself, and Win
The astute investor Warren Buffett is fond of saying that any player unaware of the fool in the market probably is the fool in the market.
Michael Lewis • Liar's Poker (Norton Paperback)
Buffett acolyte Guy Spier wrote in his book, The Education of a Value Investor,
Danielle Town, Phil Town • Invested: How I Learned to Master My Mind, My Fears, and My Money to Achieve Financial Freedom and Live a More Authentic Life (with a Little Help from Warren Buffet, Charlie Munger, and My Dad)
They write, “The observed differences in ROIs are highly statistically significant and far larger in magnitude than those observed in financial markets where fees charged by the money managers viewed as being most talented can run as high as three percent of assets under management and thirty percent of annual returns.” Success in poker, in other w
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