Risk Pearls of Wisdom

4.4 Damn, I can't see the fish; only sharks


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The key feature of Texas Hold-em poker is the combination of cards that every player can see and those that are private.  This feature of asynchronous information pops in the buying and selling of antiques and illiquid tradeable securities in that those that are successful transact a lot.  The podcast finally discusses the adrenalin fuelled glory-or-ignominy pricing and trading of large blocks of stock.

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Risk Pearls of WisdomBy Risk Pearls of Wisdom