During this year's World Series of Poker , Lothar Landauer and I sought refuge from the incessant incantations of the overhead speakers by escaping to the quiet room that he had reserved for his two-week stay at Binion's Horseshoe. I begin around 9 a.m. and work until 1 p.m. and have been very successful at it. Yes, because I really like it. If I go away from home for a long while to play tournaments, I have the feeling that I need to change things again, to make a return to reality. It just depends on the player, I think.
Money management is important in both areas.
Some players have no money management in poker, so they wouldn't have money management in the stock market either. But I think that if someone knows how to use special situations and how to handle his money, he can be successful in both. I also think that you can make more of your knowledge at the stock market. If somebody is good at investing at stocks, he should not be a loser at all. The only thing you can do is cut your losses, leave if you see that you cannot win on this day.