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by hhabgood
5008 days ago
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I absolutely disagree. Poker is not a game about taking risk, it's a game about managing risk. This is an incredible important distinction that separates winning players from losing players. Looking at another industry, take the extremely 'risky' business of a VC partner; if you look at one investment of his, you might say the odds dictate that his investment is more luck than anything, because he is investing $10,000 and has done so in a way which gives him a 10% chance to make $1 million. However, if you look at his track record of the 250 investments that he has put $10,000 into, you would see that for the $2.5 million he has invested, it has made him $25 million in return. Is playing poker and investing in VC risky? Absolutely. Does it involve more luck than skill? In one iteration of the game, yes, but in 150 or 250 iterations? Not likely. |
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