88% Tricky Winners

K Tomas Stevens
3 min readJan 24, 2021

I was recently drawn to a discussion in an econ journal of winners at Texas Hold ’Em, not the superior hands, but the winners. It appears that only 12% of poker winners actually held the best hands. The other 88% had, theoretically, “losing hands.” But yet they won. Imagine a business environment where 7/8ths of the participants succeeded, despite not having the “best” idea, or entering the market at the “best” time, etc. Bizarre. Disanalogous to “real life,” with no correlation to business, right?

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K Tomas Stevens
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European-based investor, mentor, US/UK attorney, professor