Word: eventer
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Dates: during 2000-2009
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Begleiter says his poker success, which includes a ninth-place finish in another World Poker Tour event last August, hasn't been about some special mastery of probabilities and risk. "There are plenty of people who are very good poker players who never worked on Wall Street and may have even dropped out of their community college," he says. To him, success is more about reading the opponent. He likens entering an all-in Hold 'Em showdown to a bidding war against some other investment firm trying to buy the same assets he wants to buy. You don't want...
...years ago Bob Slezak, the former chief financial officer of brokerage TD Ameritrade, finished 15th in the Main Event and a year earlier hedge-fund operator David Einhorn placed 18th. Bill Chen, an arbitrage expert at options-trading firm Susquehanna International Group, has won a couple of big-money tournaments and has been cited in at least one book for his "Chen formula" for winning at Texas Hold 'Em. Don't ask; Google it. (Read "What's Still Wrong with Wall Street...
...demise of Bears Stearns marked the rise of Begs the poker player. After the firm was sold to JPMorgan in March of 2008, Begleiter was without work and looking for someplace to let off steam. "I decided what the heck," he recalls. "I'm going to play the Main Event...
...partner, and has no plans to turn poker pro - for many reasons, but not least because he feels it would take him away from his family (he has three children at home) and, he says, because he loves his job. But he does hope to play the main event every year, especially if he can get the $10,000 entry fee paid - as he did this year - by winning a local league in his hometown of Chappaqua, N.Y. (Disclosure: I am in that league.) Not only does winning the league earn him the entry fee; it gets him a guaranteed...
White’s speech was part of a series of lectures organized by the Harvard Association of Law and Business. According to Michael R. Rozensher, a second-year student at HLS who organized the event, the goal of the series is to spread awareness of corporate responsibility...