Luck, Poker, Investing and why luck matters!

A short run of bad luck can realy wreck havok on your portfolio. I knew I was having a run of bad luck when while playing No-limit Texas Hold’em poker. I keep having my full house beaten by a four-of-a-kind, flopping a nuts straight only to be beaten by a full house by the turn, having pocket aces lost to pocket 8s in preflop all-in showdowns.

Similarly, my portfolio suffered. My core holding – Suntech Power (STP) – reportedly announced capacity expansion by about 30% (due to explosive demand for solar panels) but the stock dropped due to weakening margin concerns. WHAT is with these investing wall street types?? So what if I earn only 10ct per item sold instead of 12ct when I can sell twice as many items??? I still make more money right??? Don’t tell me they recommend selling less to earn more per item?! No, what they want is to sell more and keep the margin intact… talk about having your cake and eating it! While I know that the stock will appreciate accordingly in the long term, options are wasting assets and my options expire in July. I don’t have time to wait for them to wake the f**k up!

So contrary to what I used to believe, I think Luck IS a factor in both poker and investing… so perhaps I should consider adding Feng Shui to my portfolio….

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2 Responses to “Luck, Poker, Investing and why luck matters!”

  1. Options Trading Says:

    Solar stocks have seen a great deal of volatility lately but will likely see strong movement up once they’ve bottomed.

  2. hooperfry63299 Says:

    Dear Maravandu,n Very good and very usefull. Click http://pepij.nl/succeaa100645

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