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How Poker and the Stock Market Share a Similar Evolution
And how speed and volume have changed the game
Warren Buffet destroyed the S&P for around 30 years.
Want to know why?
These things didn’t exist yet.
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:
- Chess
- Poker
- Stock Market
- 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.