Do you play poker- for how much?
I was wondering if playing casual poker is common in finance, how much people play for, and what lessons can be learned from it..
I play poker with college friends, admittedly we are fairly affluent, and we typically do 0.50/1$ blinds. The largest pots tend to be around 100$ and the most people have lost in a night is 200$ (me, tonight, sad-why I'm writing this).. I was curious if people play, how it's viewed, and what buy-ins ppl play for at different levels in finance. (I have a very successful mentor in finance who said he played $2500 buy-ins when he was reallly into it)..
Anyway, I tried to justify it by saying to myself that it helps with analytical thinking, and helps you "desensitize" money. It can also help you feel the sting of defeat, so you learn how you react why your loosing..
If you are curious I lost 80$ (180$ pot) on Aces full of tens (I had bullets, 2 tens on the board). The other guy had pocket 10's- he had quads, brutal.