I have enjoyed playing poker for the last ten years or so. I got most of education relatively cheaply online before moving to the local card room in Grass Valley (Gold Rush Casino, hosting poker for over 80 years). I like poker for its inherent odds, which can be calculated for most positions, and the human element which ultimately drives the game. I have seen many similarities between poker and the stock market. Both are driven by a combination of money, or greed, and human emotion. Neither is precisely predicatable, but both can be interpreted through the use of mathematics, specifically ratios.
And so, in the midst of the current economic chaos, I throw my hat into the ring of equity investing. I have been waiting for the market to be reasonably priced, and many would agree there are a lot of undervalued stocks available right now, and the potential capital gains which could be made when the human element recognizes the ‘hope’ most anticipate with the changing administrations are substantial.
So, this blog may contain more business philosphy and speculation in the coming months. As I cut my teeth, I hope to leave a record of my research and positions.
Current positions:
WB
CIEN
