tag:blogger.com,1999:blog-30975550.post7124658461120806517..comments2023-10-20T05:07:41.994-07:00Comments on Buffalo Hold 'Em: Explaining The SwingsBuffalo66http://www.blogger.com/profile/12220808319549816234noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-30975550.post-45856034352760437862009-05-26T03:49:48.965-07:002009-05-26T03:49:48.965-07:00Any top pro that has gone busto has done so becaus...Any top pro that has gone busto has done so because they're trying to maximize profit, without sufficient regard to risk. If they dropped down in stakes, they would easily be winners ever year, and likely every month. The same can't be said for ANY investors, no matter how successful they've been.Alexhttps://www.blogger.com/profile/00207020302976740521noreply@blogger.comtag:blogger.com,1999:blog-30975550.post-80898752979916942232009-05-15T14:51:00.000-07:002009-05-15T14:51:00.000-07:00Buy 1 share of a stock/fund you think will do well...Buy 1 share of a stock/fund you think will do well over time.<br /><br />Give one max buy-in (100bb) to the person you think is the best poker player in the world.<br /><br />Which do you think is more likely to go busto? Many top pros say they have gone busto at some point in their careers.<br /><br />Your original statement implies that investing in equities is much riskier than playing poker or fantasy. I disagree.Buffalo66https://www.blogger.com/profile/12220808319549816234noreply@blogger.comtag:blogger.com,1999:blog-30975550.post-39893514982265457512009-05-15T09:48:00.000-07:002009-05-15T09:48:00.000-07:00Well if you take 30 random poker players, I agree....Well if you take 30 random poker players, I agree. But if you take 30 really good poker players, they'd all be winners every year if they're playing at the right stakes.Alexhttps://www.blogger.com/profile/00207020302976740521noreply@blogger.comtag:blogger.com,1999:blog-30975550.post-82738414728110569692009-05-14T22:31:00.000-07:002009-05-14T22:31:00.000-07:00Alex, I totally disagree with you.
Buy 100 shares...Alex, I totally disagree with you.<br /><br />Buy 100 shares each of 30 diverse stocks and after 25 years I'm almost certain you would not be busto. Maybe you take a loss - but not busto.<br /><br />Give 100 big bets to 30 different poker players and I'm certain most (if not all) would be busto well before 25 years. The rake alone would kill them. (Even rake free, busto is likely.)Buffalo66https://www.blogger.com/profile/12220808319549816234noreply@blogger.comtag:blogger.com,1999:blog-30975550.post-46473769812649733992009-05-14T21:08:00.000-07:002009-05-14T21:08:00.000-07:00The stock market has insanely more variance and gr...The stock market has insanely more variance and greater chance of losing months, years, and even decades than either daily fantasy contests or poker.Alexhttps://www.blogger.com/profile/00207020302976740521noreply@blogger.com