#27
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Re: Similarities between Poker and Investing
"There are no blinds, antes or rake in financial markets, but there is opportunity costs. If your investments are not moving much, you are losing profit you could make in some other investment."
1) Poker has rake costs plus opportunity costs (Investing has only opportunity costs ( assuming you do it yourself) 2) Good point, if you assume the additional players are disproportionately 'fish'..a reasonable assumption. |
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