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How Poker and the Stock Market Share a Similar Evolution

And how speed and volume have changed the game

Anthony Andranik Moumjian
2 min readJul 21, 2020
Source: Madison on Pexels.

Warren Buffet destroyed the S&P for around 30 years.

Source: Berkshire Hathaway

Want to know why?

These things didn’t exist yet.

Source: Pexels

But this thing above isn’t enough. A lot of companies, like Berkshire, use them, and still don’t make what they used to. Every player on the market uses the cloud or stores a bunch of data. It’s the norm.

And this is true for everything:

  1. Chess
  2. Poker
  3. Stock Market
  4. Digital storage

Everything is stored and looked at and analyzed. Far faster than before. Computers used to not exist. Data collection used to not be a thing. Poker was played by common knowledge. People might learn to bluff more often and not know their expected lead or how the river could sway the odds.

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Anthony Andranik Moumjian
Anthony Andranik Moumjian

Written by Anthony Andranik Moumjian

Los Angeles. Long-time runner. Top writer on Quora, 100M+ total content views. New to Medium. Inquiries: Moumj@berkeley.edu

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