Selbst talks Wall Street and women in poker on American TV
It's not hard to see why there is a close relationship between poker and the stock market. Many of today's best poker players come from the world of finance.
While that is not the case with Vanessa Selbst, she is undoubtedly an expert on poker, as well as managing her ever-growing tournament bankroll. So when Bloomberg TV wanted to interview someone about the intersection of poker and finance, as well as the world of high stakes poker, Vanessa was a logical choice.
The crux of the conversation had to do with the new television show entitled "Poker Night on Wall Street," a game of Wall Street businessmen who play high stakes poker, like Bill Perkins and David Einhorn.
The first question she was asked pertained to poker being a traditionally male-dominated game. Vanessa had a few things to say about that:
Vanessa: Generally, in our society, that hyper-aggressive attitude you need to have to really dominate in such a competitive environment, I think is really frowned upon. Women are taught to be more demure, and I think when they exhibit those...
Host: You don't look demure.
Vanessa: (Laughs) I'm not. We're kind of taught to be a certain way, and I think you need to have these sort of cut-throat tendencies to succeed in poker, just like on Wall Street.
She then goes on to explain the similarities between Wall Street and poker. (An expert on that as well, Vanessa reveals that her mom was an options trader and poker player!) She talks about the requirement to take calculated risks to succeed in both, but she stresses that each player or investor has a lot of information at their disposal in order to make good decisions. Watch the video to hear more:
Take note of the special advice that Vanessa offers about the most common mistake she sees in poker. Not playing aggressively enough? The winner of more than $8 million in live tournaments might have something important to say on that topic.
Jennifer Newell is a PokerStars freelance contributor.