Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Here is How David Einhorn Wins in Poker

Poker is a zero-sum game, yet David Einhorn finds a way to win in poker. He finished 18th among 8773 players in 2006, winning more than $650 K in the biggest poker event ever. In this year’s event Einhorn already showed that he is better than most players. Einhorn more than tripled his chip count in day 1 and is among the remaining 3481 players left in the competition. Here is how David Einhorn wins in poker:

GREENLIGHT CAPITAL

“Both poker and investing are games of incomplete information. You have a certain set of facts and you are looking for situations where you have an edge, whether the edge is psychological or statistical.” Einhorn told NYT in 2006.

Most investors and poker players don’t have the discipline to be successful. David Einhorn is patient enough to wait for the opportunities where the odds are stacked in favor of him. As simple as that. Warren Buffett has a similar strategy too.

Btw, if you wonder how David Einhorn wins in investing, read our interview with him. “We try to find things that are misunderstood. And then if we think something is misunderstood then we figure out if it’s misvalued. And if we figure out that it’s misunderstood and misvalued, then we tend to invest. ” Einhorn told us.

DOWNLOAD FREE REPORT: Warren Buffett's Best Stock Picks

Let Warren Buffett, George Soros, Steve Cohen, and Daniel Loeb WORK FOR YOU.

If you want to beat the low cost index funds by 19 percentage points per year, look no further than our monthly newsletter.In this free report you can find an in-depth analysis of the performance of Warren Buffett's entire historical stock picks. We uncovered Warren Buffett's Best Stock Picks and a way to for Buffett to improve his returns by more than 4 percentage points per year.

Bonus Biotech Stock Pick: You can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12 months.
Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading...