Wednesday, January 10, 2007

Life is like paying the blinds at a poker table

Here is my "Life is like paying the blinds at a poker table" analogy.

Lets say that each calendar month of time = one orbit at a poker table.

Lets say that my bank account = my chip stack.

Lets say that my monthly nut to live in Vegas = paying one big blind.

So put this all together and it suddenly occurs to me that my new monthly nut is kind of like paying the big blind.

Every month it costs me X dollars to live here in Vegas.

Every month I need to make X dollars at the table to break even.

If I can make greater than X then my chip stack (aka my bank account) increases.

If I make less than X then my chip stack decreases.

Every month is simply an orbit at the table.

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