All I Know I learnt from Poker
Everything I Know About Business I Learned From Poker includes such highlights as:
# Go for positive expected value, not what’s least risky.
# Don’t play games that you don’t understand, even if you see lots of other people making money from them.
# Hope is not a good plan.
# Educate yourself. Read books and learn from others who have done it before.
# Learn by doing. Theory is nice, but nothing replaces actual experience.
# Learn by surrounding yourself with talented players.
# Just because you win a hand doesn’t mean you’re good and you don’t have more learning to do. You might have just gotten lucky.
To Zappos’s list, I’d add:
# Get Pro Sponsorships – it’s free money.
# Most people have no idea how to play.
# Most people cannot learn to play well.
# If you don’t exercise you will turn into a fat disgusting slob.
# 95% of the Players are Men.
# If you’re good enough, people will want to stake you.
# It’s usually better to raise or fold than to just call.
# Weak-Passive is a Horrible Strategy for Success.
# The proof is in the Bank Account.
# Develop a Fierce Bullshit Detector.
# Have Fun or Play A Different Game
Professor Philippa Mein Smith is a Thoughtless Moron – The further up the ranks that I go in academia, the biggest thing I have learnt is about the nature of professors in Australia (and now NZ), is that more than 50% are complete and utter morons with a penchant for hypocrisy. …
Ceri’s Story – Over the past 2 years I have also been suspicious and not been able to completely trust him even though he would swear blind he was not gambling. Maybe I was in denial myself but I did think that maybe he had learnt his lesson and he …
Why the Government Chooses to Open the IRs – On the stock market, these gambling companies have steadily risen in their stock, signaling a growing market. Not surprisingly, the Singapore government has also learnt to capitalize on this, introducing the Integrated Resorts (IRs). …
Horse Racing Tips. Simple advice for gamblers. Posted By : Keith … – So by looking at all the runners, and with the knowledge you have learnt from watching, you can develop a picture in your mind of how the race may possibly be run. c) Stick with Class horses at the beginning. …
Words of wisdom credit of http://www.seoblackhat.com/