Chapter
Comparing Investing to High-Stakes Gambling and Running
11:19 - 14:47 (03:27)
The speaker discusses the similarities between investing in startups and playing high-stakes poker, including the importance of risk management based on personal circumstances, and compares it to his experience as a high school track athlete.
Clips
A former high school runner shares their journey of going from a top performer to the slower side of the team through dedicated training.
11:19 - 12:31 (01:11)
Summary
A former high school runner shares their journey of going from a top performer to the slower side of the team through dedicated training.
ChapterComparing Investing to High-Stakes Gambling and Running
Episode#27 - 10 Million Reasons Why He Plays Poker
PodcastMy First Million
The guest speaker talks about how having a natural aptitude and an obsessive personality can make a great poker player.
12:31 - 13:21 (00:49)
Summary
The guest speaker talks about how having a natural aptitude and an obsessive personality can make a great poker player. He also touches on being a degenerate in the poker world and how to tame it to become one of the top players.
ChapterComparing Investing to High-Stakes Gambling and Running
Episode#27 - 10 Million Reasons Why He Plays Poker
PodcastMy First Million
Learn how to mitigate risk in both investing and poker by understanding what percent of your money you're putting at risk and how many buy-ins you should have for a cash game.
13:21 - 14:47 (01:25)
Summary
Learn how to mitigate risk in both investing and poker by understanding what percent of your money you're putting at risk and how many buy-ins you should have for a cash game.