Quote:
Originally Posted by Rsiatat
Hey P , awesome thread !!! Could you bring more details about this ?
What kind of meeting was it ? I think you posted something in previous posts about it being a seminar ... can't remember properly
What about unrealistic ROI ?
I believe in poker we invest 1 dollar everyday we expect to get 20 or 30 cents back , and yeah that's awesome , it's daily !!! So what were the marjins that the pro guys were talking about ? How many cents per dollar should we expect in the real world and over what time period ?
any suggestion for good areas of investments outside poker ?
Hey
Yeah we are indeed extremely lucky with the ROi we can achieve with playing poker, something we will look back on in 5-10 years and be like why the hell didn't we play all day every day.
In terms of investment, it completely depends on your risk. If you invest in a long term fund and top up, something average should yield something around 4-8%. There can be years of huge growth, but equally years of massive down swinging.
I was actually considering for a long time starting a poker hedge fund/staking fund. There is one right now which is mainly German who are mainly investing in super high rollers, but the level just below them, main events, 10k highrollers etc if managed correctly could have a very good return. I'm not sure exactly how it would work legally, or what exact bankroll would be required, I'd have to do a lot of research, but if there was enough people willing to invest I think with bitB I could create a really good fund that has a good return and is interesting for people to follow. It could even be used for buying in online tournaments/scoops/party 5ks or even higher upcoming tournaments.
I very reguarly get really nice pieces at very low/no mark up from people messaging me who aj be at least 20% roi, sometimes way higher, buying huge pieces is pretty big variance but with a fund you could simply just snap take it all and once everybody knows about the fund, similarily to the German fund you get a lot of people coming to you and offering you all of their action. I would for example way rather sell 90% of a $100k to one guy at no markup than 90% at 1.04 to 100 different guys via PayPal etc so they straight away make up that % in profit vs the marketplace.
If there's a plethora of "I'd potentially like to invest" I would do sufficient research and propose something.