Poker with Bankers?

Hello monkeys,

Any of you bankers here are poker players?

I found this Quora Answer very interesting: What is it like to play poker with the top quantitative asset managers?

Asset managers are better players on average than traders (not enough patience), investment bankers (hate risk), salespeople (want to be liked) and analysts (prefer risking other people’s money).

Is the above true? Do you bankers recall the time where you won a pot of gold off other bankers, or even, lost your arm to another banker?

A quant manager needs to be good at actually using math (not just doing math) and taking shrewd risks and running a business (which requires some amount of psychology). On the other hand, a qualitative manager’s job is more like poker: figuring out how the head of the Swiss Central Bank will respond if the Italian Prime Minister pulls his budget is a lot like poker, as is deciding if a new CEO is serious about cutting costs while growing revenue or is just trying to keep investors off his back while he quietly cashes his paycheck

Is there a "stereotype" on who is the best poker player amongst bankers? Would love to hear the monkeys' experiences on this.

6 Comments
 
... and also beat casinos at roulette, baccarat and other games.

Beating a casino at blackjack, sure. Beating it at roulette...

 

I played a little bit at PokerStars, but I suck BIG time at it. It was / is petty cash, so it doesn't keep me up at night. I did try to learn some strategy, but it's hard to apply at the micro tables, people leave constantly so you can't always apply the same strategy as you would in a live game. Still a fun game, but I'd much rather play it real-time with friends now.

 

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"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

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