Showing posts with label poker. Show all posts
Showing posts with label poker. Show all posts

Tuesday, 23 March 2010

Zero sum games: gambling or not?

I realised my understanding of zero sum games is actually quite good and I thought perhaps I should share some of my own thoughts. Firstly zero sum just means that for every winner there is a loser, there is no wealth created. Investing isn't a zero sum game because companies actually create wealth. I am always interested by zero sum games because you have to out think someone and it's definitely a great feeling when you make money from it too.

Friday, 19 March 2010

Preparing for training course: Intro

This is my first post and right now I am set to start at a proprietary trading firm in April on a 4 week training course and I am aiming to get backed by them although I appreciate it is going to be a tough challenge. I am spending my time learning as much as I can whilst taking some time to relax and enjoy waking up whenever I want. You can see my background on the right, I don't want to discuss it too deeply as I don't see much need too but a few thoughts can be found below.