EdWatchesBoxing

Not a pro, but I've probably played a few hundred thousand hands online. Sometimes 16 tabling PLO hi-lo and hold 'em, lol. I believe poker probably makes you a better trader. Less applicable to investing. I think the opening post is true for low limit full ring games (9 players). So it only applies to games that get boring quickly if you like poker. I would say it kind of applies short handed, but not really. Maybe on a relative basis. Short handed play requires a lot of adjustment and it's where you really play "poker". I haven't played much in the past 2 years, but I usually play one on one poker tournaments (heads up). Played various limits from $3 to $50 games. That game requires you to play the player, not the cards. So you may be able to wait for strong hands against a passive player, or play aggressively against tricky players.

Haha. I'm actually an extremely excited Jays fan. I hope the team's good in practice as much as it is on paper. I hope to watch some Jays post season this year!

This issue has been sitting untouched in my bag for a while. Today, I opened it up to the Hagstrom article about Munger. Quite surprised and I ended up reading it. I found out it's available to all online: http://www.cfapubs.org/toc/cfm/2013/24/1#Viewpoint

Welcome cubsfan and thanks for the DJCO meeting details. By any chance, are you a gamer? I recognize your username from a gaming forum.

LOL, I've stopped having discussions about stocks completely. Tend to listen a lot more and I don't bother giving an opinion.

"Zero dark thirty" was great. On the edge of my seat for the last half hour of the movie. Probably much easier on bin Laden that he was shot.

You could look at the ProShares ETF's, like TBF http://www.proshares.com/funds/tbf.html

How do you do those two ? I been having great problems with the two. :( I've been thinking about the how to talk to people problem for a long time so far there is no great direction to improve my skills and solve this problem. Humbleness has been improving. But i think its mostly because of my age want to proof that i know stuff but sometimes hurting others because my bluntness and lack of attention to others. For that I've taken some real life pain. Some are wrong and some i think are worth it to find out what the other knows and see if i am wrong. But most of the time i ask question other can not answer but the other doesn't have the character to say i don't know. Maybe even counter with why don't you find out for me. ;D In my experience, being humble will make it easier to talk to people. It's easier for people if you listen to them and find a connection in that way. I don't know if this is related, but I usually get along better with women than I do with men. I am a man. Being a good listener also gets you the women :) It gives you a good start at least! About SD's comment regarding CA/CFA, I guess that maybe true (I'm a new charterholder). Bay street has a bunch of assholes. I'd like to think I buck the trend though. I'm a manager and I'd like to be the dumbest person of the group. The people I want are smart and gets things done. My actual situation is different, but I'm working on improving it. I think I read a quote from a magazine a long time ago which went something like "the guys who got the B's and C's have the ones who got the A's working for them." I guess the average students had better people skills. In engineering school, I remember having no clue how to solve some problem sets. I would resort to copying sometimes. A lot of the smart people I went to school with are either professors or doing research. Many of them seemed to be condescending if you weren't smart.

Les Miz was mostly boring for me. Main bright spot for me was the character was Eponine. I forgot about "A Separation," which was mentioned earlier. That's my most memorable movie for the year. I really enjoyed that one. Thought about it for a long time.

It's easier to quit and make the excuse that something won't work anymore moving forward. It feels better to follow the herd.

I ended up seeing Django Unchained on Christmas day. Les Miz might be a really good movie, but I don't think I'll like it better than Django Unchained. I'm going to see Django in a couple of hours. I'll let you know what I think. I hear it's vintage Tarantino, not like some of the crap he's made recently. I really didn't like Inglorious Bastards...just way over the top. You go back to Reservoir Dogs or Pulp Fiction, and he had a much more deft touch. With Les Miz, I think you'll come to appreciate how difficult it is to sing throughout an entire movie, and still have some emotional connection with the audience...this not like those Mamma Mia type musicals...it's incredibly dark, violent, hopeless and unfortunately true to what life was like back then. Jackman may be one of the most underappreciated actors in Hollywood, since he makes all those X-men and Wolverine movies. Probably no other actor in Hollywood has the physicality he has (he's a big guy) and still has a very soft touch with his dialogue. I think he may be a shoe-in to win the Oscar. Anyway, I'll give you my review of Django later tonight. Cheers! LOL, I'll be watching Les Miz in a couple hours. So I'll check in later tonight too!

I ended up seeing Django Unchained on Christmas day. Les Miz might be a really good movie, but I don't think I'll like it better than Django Unchained.

Seeing that the handguns were owned by the mother, I wonder how secure they were in the house? I imagine they should have been locked up, but I know gun philosophy is different between Canada and the US. I read that CT has some of the tighter gun laws in the US. So was the kid just really screwed up and had easy access to the guns that weren't locked up? This stuff comes to mind because I just took the two Canadian Firearms Safety Courses. About banning violent video games, TV and movies, I don't think that's the problem. I play a lot of shooter games that's like virtual war. I'd like to think I'm a normal person and I have never felt the urge to go out and kill people in real life with guns. I would like to think that almost all people who play the same games are the same way. That shooter in Norway claimed to have trained with Call of Duty, etc. before going on that shooting rampage, but he was screwed up first, then started playing games. These type of games already having a rating slapped on them, so I would put the responsibility on the parent.

Man, I would love to play in Buffett's game. I'd try to convince them to add pot limit Omaha 8 or better to the rotation. I'm sure that would be a crazy game with some of the big names that attend. Hold'Em is so boring.

yp, good for you! I hadn't even heard of Buffett until I was in my mid-twenties. Only heard of Fairfax when I was in my early thirties. Right around when they established their CDS positions. I think I found them because I was looking up CDS's.

Eric Roshtein I love Boardwalk Empire. Rothstein's speech got me due to the poker and investing relevance. It's starting up again this weekend!

I'm done with the CFA exams! Passed level 3. I just need to get my work experience approved. I didn't receive the results email until almost 2pm today. I got more nervous as I waited. Glad it's all over.

Congrats to those that passed. I still have 2 more weeks to wait for level 3 results. Having fun this summer while I wait...

Been so busy with work and studying... Level 3 has a lot of PM in it, but there are some interesting parts. Institutional Investors, Behavioural Finance, etc. There may also be quite a bit of other stuff you'll like from the other half of the material. In my experience, it builds on the other 2 exams, so that's probably why I find some of it pretty interesting. Having said all this, the last section, GIPS, has to be the most useless section I've come across in all three levels. It's brute memorization, and I don't see the point of having to remember all the requirements and recommendations. You're just going to look it all up if you plan on using it in real life. This applies to the exam as a whole, but I'm not as bothered by it with the other sections.

You're in really good shape if that's what you score on the actual exam. Nice margin of safety.

I'm getting ready to write level 3 in 2 weeks. Anyone else on this board getting ready for any of the exams? I'm actually finding the level 3 material interesting.

I think in most restaurants, the wait staff is responsible. I do not know if they are financially responsible though. That sucks. I've never worked as a waiter, so I had no clue.

In one quote from NC, they said servers are responsible for dine and dashers. How is it their fault? Ridiculous. Is this the norm at other restaurants? I can't imagine it is.

Thank you! Ackman interviews are #1 in my book.

Drexler reminded him that it's always, in the end, about product. (That was certainly true in the case of Johnson's triumphs at Apple and Target.) http://management.fortune.cnn.com/2012/03/07/jc-penney-ron-johnson/ Pretty good article. I like the section about Target and this quote: "Improvement merely lets you hit your numbers," says Johnson. "Creativity is what transforms."