Money makes the world go ‘round, and we’re all trying to make more. But when was the last time you stopped to ask yourself the question: What IS money?
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Determining the expected value of any investment can be rooted in calculations related to poker pot odds. First, understand your potential risk and reward.
Dealing with a large sums of money at the poker table, can skew your perception of its value. While I made a lot of money in my early years playing, I didn’t save a lot because my spending habits were so short sighted.
Obsessing over results gains us nothing, especially if we made the correct decision but succumbed to chance. Instead, focus on making the perfect decision.