andgroup
andgroup
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September 27th, 2015 at 2:47:48 PM permalink
I have read in several places now that both Benjamin Graham and Warren Buffett both said that there was no better training in life and business than the game of Bridge. Does anyone care to expound on why this should be the case with any game? But above and beyond that if you did say that games were good training for life and business, why should Bridge be any better than say Poker? Also, is Bridge more related to investing in stocks? Whereas maybe Poker is more related to derivatives trading? Because I read that Carl Icahn made his early living playing poker and then moved into options and warrants and credited his early poker playing to much of his early successes in the market which was mainly options. Any thoughts?
beachbumbabs
beachbumbabs
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September 27th, 2015 at 3:13:13 PM permalink
Quote: andgroup

I have read in several places now that both Benjamin Graham and Warren Buffett both said that there was no better training in life and business than the game of Bridge. Does anyone care to expound on why this should be the case with any game? But above and beyond that if you did say that games were good training for life and business, why should Bridge be any better than say Poker? Also, is Bridge more related to investing in stocks? Whereas maybe Poker is more related to derivatives trading? Because I read that Carl Icahn made his early living playing poker and then moved into options and warrants and credited his early poker playing to much of his early successes in the market which was mainly options. Any thoughts?



I love that you love Bridge. I love Bridge, have played for nearly 40 years now, best card game ever. I wish I could figure out a way to make it a viable casino game. I haven't wanted to answer for the Wiz on your Bridge-related questions, but I think (though I'm aware there are high-stakes games, and a pro circuit out there) he hasn't seen the need to deconstruct/analyze it because a) it's not being played in casinos to my knowledge and b) it's been extensively covered - really, it has its own industry of books, classes, tutorials - elsewhere. I could be wrong.
If the House lost every hand, they wouldn't deal the game.
EvenBob
EvenBob
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September 27th, 2015 at 3:19:48 PM permalink
I used to play bridge, but nobody plays it
anymore, nobody I know. For it to work,
all the players have to be good, and how
often does that happen.
"It's not called gambling if the math is on your side."
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