News for hackers. Stuff that matters.

A comment on Making $60k a month from a podcast on software engineering. Parent comment

Re:Making $60k a month from a podcast on software engineering by jdietrich on Monday March 12, 2018 @09:40PM (#16573283)
After a bit of digging, I think his story is plausible. He got into the game in 2004; At that time, it was very much possible for a smart, determined teenager to grind a hundred bucks into a quarter mil. Before Black Friday[1] chased all the soft money out of the game, pretty much anyone with an ounce of sense could play profitable poker and some people made a lot of money very quickly. He claims to have blown most of his winnings in that one-month losing streak, which is very much a thing that cocky 18-year-old poker players do.

I think it's fairly clear that Meyerson came from a relatively privileged background and had a lot of advantages - he attended one of the best high schools in the US - but I don't think it's necessarily fair to dismiss him as a trust fund kid who lucked his way through life.

[1] https://en.wikipedia.org/wiki/United_States_v._Scheinberg

[ Parent | on HN ]
Re:Making $60k a month from a podcast on software engineering by joeblow9999 on Tuesday March 13, 2018 @11:25PM (#16582037)
Sorry but you have to get lucky, too. No way you can turn 100 into 250k no way no how unless you are coming out on the good side of the luck factor.

It's nice, and I'm sure you're a good player, but you definitely got lucky.

" Before Black Friday[1] chased all the soft money out of the game, pretty much anyone with an ounce of sense could play profitable poker and some people made a lot of money very quickly. "

You're best edge in the softest game of all time is not as big as you think it is.

[ Parent | on HN ]
Re:Making $60k a month from a podcast on software engineering by crablar on Monday March 12, 2018 @10:08PM (#16573412)
Accurate
[ Parent | on HN ]