Is Your Portfolio on Tilt? What Poker Teaches Us About Smarter Investing (E126)

Vegas, baby! We're back from the Vegas Patreon meetup and ready to deal. This week: how poker skills translate to investing success (and failure). Plus, Monkey on the mind-bending challenges that make investing so darn hard. What's at stake? Your portfolio, your sanity, and maybe a little bit of tilt!

🎴 Learn which poker skills can make you a better investor (and which will get you rekt). 🧠 Discover how your brain is *designed* to trick you into making bad investment decisions. 🎯 Position sizing: are you betting too big, or too small? Badger & Monkey debate. 💀 Hear about mistakes both hosts have made — and how YOU can avoid them. 📊 The Kelly Criterion: what it is, and how to use it to optimize your portfolio. 🌴 Why the WSW Patreon is like a "gated community" for smart investors. 🚀 $RKLB: Badger admits he may have been over-allocated. Lessons learned.

Sources: Investor's Mirror App: https://apps.apple.com/us/app/investors-mirror/id6760048070

Segments: 00:00:00 Intro: Vegas Recap & Episode Overview 00:01:15 Poker & Investing: Surprising Parallels 00:02:47 Chess vs. Poker: Which is More Like Investing? 00:03:54 Good Decisions, Bad Outcomes: The Investor's Dilemma 00:05:15 Position Sizing: Don't Get Wiped Out! 00:06:45 EOS $EURN: When Conviction Goes Wrong 00:07:33 The Kelly Criterion: Optimal Bet Sizing 00:10:59 Pot Odds & Expected Value: Risk vs. Reward 00:12:44 Avoiding "Tilt": Emotional Investing 00:14:26 Knowing When to Fold: Cutting Your Losses 00:15:52 $AAPL Apple: A Mistake Badger Regrets 00:17:53 Staying Invested: The Power of Nuance 00:18:58 Reading the Table: Market Insights 00:20:47 Table Selection: Finding Your Edge 00:23:05 Key Takeaways: Process Over Outcome 00:24:54 Why Investing Is So Hard: Monkey's Perspective 00:39:14 Investor's Mirror App — Know Yourself to Outperform the Market

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