Word: holding
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Dates: during 2000-2009
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...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 to be the one to blink, or you'll lose. Says Begleiter: "When I'm good I'm processing everything that's going on around...
...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...
Until a new tradition takes hold, it looks like the kids will be here to stay. “Everyone just likes it so much and it works so well, that I can’t imagine wanting to end it,” Krooss said...
...residents will vote on whether to preserve gay marriage, and Ohioans will vote on whether to allow casinos in its major cities and whether to establish a board to set livestock care standards. And Texans will vote on a whole 11 issues, including whether to allow state militia to hold other civil offices...
...That doesn't sway some of the city's more committed voters. At a recent fundraiser in Palmer Woods, an upscale Detroit neighborhood, Pugh told the crowd of plans to create a room for the city council's president to hold press conferences, modeled largely after the White House press-briefing room. Never mind that Detroit is struggling to resolve a budget deficit of at least $275 million. "P.r. is part of the job," Pugh said. But the host, Mary Ellen Gurewitz, a respected Detroit attorney, pressed him on issues of procedural and financial matters, and was hardly impressed...