Re: 2+2 Stock Trading Competition
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The MarkeWizards series from Jack Schwager. See the interview with Mark Minervini in STOCK MARKET WIZARDS. Poker is specifically mentioned as training tool.
In the other books in the series (interviews with top traders,) poker is mentioned in 3 or 4 interviews.
Search "trading" "Goldman" and "Minervini" using the search feature to learn more. I believe Sklansky has been retained by trading firms in the past to teach poker and general EV concepts.
The correlation is well established.
Please note that "losing-poker" and "losing-trading" are likely highly correlated also.
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Of course, discipline and odds based decision making are beneficial (necessary) attributes for poker players and investors. No one would argue otherwise.
But it is a stretch to say that the correlation between winning poker and winning investment is "well established". Does anyone know whether Warren Buffet is a good poker player? Is Daniel Negranu a good investor? Has anyone actually studied this issue, or have they simply applied theoretical guesswork?
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