TVS 055 – Poker and Investing




The Vampire Squid show

Summary: 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, <a href="https://www.amazon.com/Poker-Brat-Phil-Hellmuths-Autobiography/dp/1909457744" target="_blank" rel="noopener">Poker Brat</a>, 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!<br> <br> * How to play <a href="https://www.pokernews.com/poker-rules/texas-holdem.htm" target="_blank" rel="noopener">Texas Hold’em</a><br> * Why Poker is not just about probability and statistics, and how it’s just as much about strategy and psychology<br> * Why it’s fascinating to play poker with your friends and to see how they react under pressure<br> * Skills that are transferable from Poker to Investing<br> <br> * Managing your bank roll<br> * Making good decisions with incomplete information<br> * Managing your emotions (going on “Tilt” in poker)<br> <br> <br> * Why you and your friends should play games of poker!<br> <br> 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 <a href="http://www.thevampiresquid.com/contact/">contact form</a>. Also, please subscribe to my facebook page for live updates <a href="https://www.facebook.com/thevampiresquid">facebook.com/thevampiresquid</a>. Also follow me on Quora at <a href="https://www.quora.com/profile/Alan-Li-1">https://www.quora.com/profile/Alan-Li-1</a>. To support us check us out at Patreon <a href="https://www.patreon.com/thevampiresquid" target="_blank" rel="noopener noreferrer">https://www.patreon.com/thevampiresquid</a><br>