Wednesday, February 8, 2012

Afternoon Thread

Well, I tried to get an intraday chart on CZR but I couldn't. The point has nothing to do with LVS - but back to evan's homework.

Quants. Scott Patterson wrote a book published in 2010 called The Quants. Which opens with a high stakes Manhattan poker game, and many of the guests are quants. Which reminded me that many of the "wizards" in Jack Schwagers 3 book series on Market Wizards (Stock Market Wizards, New Market Wizards) were also either poker, bridge or chess players. (Completely irrelevant point: Cramer did not make the cut for his books.) Turtle Traders - many of those guys were chess or bridge masters. You see where this is going.

Bringing Down the House - became a movie I think - book about MIT poker team that eventually got banned in Vegas.

The point here is evan's conversation with the guy who liked the computer/intellectual part of the game but wasn't playing the game with his own money. B team. We're up against some sharp guys playing games with our money and theirs. Stay sharp. And thanks evan for the field research! If you missed his comment this morning: http://algofighters.blogspot.com/2012/02/morning-thread_08.html#comment-432909261