There is a method to the madness

[Enjoy The DeclineParticipant 1719]

There is a playing style in poker called small ball poker. Here is the definition of this style of play:

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What is small ball poker?

Essentially, small ball poker involves playing a wider range of starting hands more aggressively, but only using small bets and raises to save you from losing too much money when certain plays do not work out.

Small ball poker is intended to primarily be used in MTTs as opposed to SNGs and cash games.

So in the eyes of an amateur, he or she might think that the small ball player is playing recklessly, but in reality, the small ball player is just taking advantage of the fact that his opponents just do not know what cards the small ball player has. So in the end, the small ball player is taking advantage of more opportunities by playing the players and not their own cards.

There is also this other book I read that is partly inspired by the rapper 50 cent and is also written by the author of the 48 laws of power.

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In this book, 50 cent mentioned that in order to take more advantage of opportunities in life, you would do a bunch of small investment ideas so that hopefully, one of the ideas that you would invest in would make you make it big. Just because of this, you can actually afford to fail a couple of times till you do succeed since if some of your ideas do not work, it is not like you invested too much on it, just like when you play small ball poker where you make a small raise.

So with 50 cent’s philosophy to do a bunch of small investment ideas till one of your ideas will make you make it big and the small ball approach in poker, I am not saying that you should play people in your life like a game because that is not what will make us human. I am just saying that what those two philosophies showed me is that sometimes if you do not have opportunities in life, you might have to actually make your own to get ahead in life because it is not like everyone in life has opportunities in life to making it big. So overall, without just telling me that life is not a game since I only brought these idea as examples of what it takes to create opportunities that you might not actually have gotten if you originally were going to live life, does anyone else ever think this way about life in general? Like what do you guys think of what I pointed out?

"Question everything" - Albert Einstein

[hmskl’dParticipant 6406]

It tends to make me think of the concept called “dollar cost averaging” where a person invests a certain smaller amount on a regular basis no matter that the market conditions. This spreads your entry into the market where sometimes you end up buying lower and sometimes higher. The point is you keep on buying at regular intervals no matter what and hopefully the market cycles will reward you for your steadfastness in the end. You keep adding funds regularly.
It might be dollar cost averaging into bonds. Even more conservatively, it can even be called “laddering” where you buy numerous smaller certificates on a regular basis. Some people ladder cds at a credit union on a five or greater year cycle where several cds mature regularly every year in a staggered fashion giving you the highest possible rates available while at the same time giving you yearly access to a certain portion of your funds.

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