Previously in this series of articles comparing investing and poker, we were discussing the (1) importance of timing in both and (2) the benefits of developing your own ideas (rather than rely solely on others) regarding what strategies work best whether buying and selling stocks or checking, betting, raising, and folding poker hands.
Today let’s address another way playing the stock market and playing poker compare, a way that is perhaps more readily evident to anyone who has tried either or both — the mental challenge that necessarily comes with accepting risks when seeking rewards.