Thursday, 2 February 2017

Time resource and Social Media

Listening to an Alec Torelli (poker player), Youtube, talking about currencies of a Poker Player, and how he rates Money/Time/Mobility/Influence.

Having been up all night, trading a Completed Match Market, which, ended NO .. game was abandoned without a ball bowled, I was struck by a few chords.

Over the last 2 days, I lost money, following an Apple short. It wasnt much money, and, sensibly, I cut the position, once the immediate results were out, as, I would have lost a bit more.

During the CMM, twitter can be alive and slow. I follow a few people, a few people follow me. In the olden days, if I posted a picture of weather conditions, it would move the market .. so, I stopped.

The game above, was supposed to be 50 overs a side, but, it can be reduced to 20 overs a side, so, the 8 hrs allotted, can be cut, to about 2 hrs. After 4 hrs of waiting, the CMM, has traded from a v heavy favourite, of Yes, there would be a game, to No, being a heavy fav, at about 1.30.

It was 6pm local time, and a final inspection had been called for 6.30pm. Nothing can be done - match wise, till they have the final inspection.

One of my twitter .. lets call him Marty - posted 'Game Abandoned - more to follow'.

Almost instantly, £20k appeared wanting to back No game, at 1.01. Even sleep deprived (this was in the wee hrs), I had to lay my share, and took profits, when people realised, this was a pretty big mistake, by someone.

The game was finally called off, 45 mins later ..

The point I am trying to make .. is that, my using Time, to look at Social Media, is both good and bad. Its a balance. You will win some, lose some. Maybe refinement of the followers, and heavy diltuion of what some people say, is part of the process, to what it takes to win .. but, thats the game.


  1. its brilliant in its virtually a way to pick someones brain without ever having to ask. like everything its what you make of the experince i think

  2. needs filters like any media. spend too long on it and you're screwed

  3. Thanks for the heads up about that YouTube video - enjoyed listening to a few of his thoughts today. Quite a few of his thoughts are similar to mine, e.g. Making use of driving time to make phone calls, plus to do lists etc...

    Agree with social media - nowadays if I'm on twitter etc I mainly just reply to notifications etc or tweet myself, as opposed to spending time with other people's thoughts. Most of the time I find that is -EV from many angles...