Today, we are going to talk about one of my favorite hobbies, Poker!, and how that relates to investing and finance. I’ve recently been watching a lot of poker online as well as reading Phil Hellmuth’s autobiography, Poker Brat, which gives a great insight into how Phil got so good at poker, and some of the risks he had to take to where got today. Today’s episode I will briefly go over one of the most famous types of poker games, Texas Hold’em, and then talk about what I think are transferable skills between playing poker and investing! I hope that you all enjoy!
How to play Texas Hold’em
Why Poker is not just about probability and statistics, and how it’s just as much about strategy and psychology
Why it’s fascinating to play poker with your friends and to see how they react under pressure
Skills that are transferable from Poker to Investing
Managing your bank roll
Making good decisions with incomplete information
Managing your emotions (going on “Tilt” in poker)
Why you and your friends should play games of poker!
As always, please let me know if you have any questions, comments, or suggestions. Email me directly at alan@the vampiresquid.com or on the contact form. Also, please subscribe to my facebook page for live updates facebook.com/thevampiresquid. Also follow me on Quora at https://www.quora.com/profile/Alan-Li-1. To support us check us out at Patreon https://www.patreon.com/thevampiresquid
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