I just got back from a trip to Utah for the Fourth of July. Did I come in last place at the annual PIT game for the eighth year in a row? Yes. Okay, all of you who are involved in finance or actuarial science or whatever it is that you people with the wads of cash do . . . what is the strategy of PIT? I can understand that if you aren't trading any commodities at all, then of course you have no chance to corner the market, but I'm trading! Maybe I'm trying to play the market too much and I happen to be on the losing end of every deal . . . i.e, I trade too often and don't allow the cards to come to me and collect them all? Anyway, the last time I beat Ryan was in 1997 or so. Yikes! The only hand I won all night was when I cornered the market on coffee. But, I contribute that victory to my Seattle and not to any real PIT skill. After that, I got about four hours of sleep and then rode around the Val Verda 2nd ward in the back of a flatbed trailer playing Washington Post March on a C melody saxophone at 6 in the morning for the sixteenth year in a row. It was great. We went to the Gateway to see Kung Fu Panda with the grandkids/give the grandparents a chance to take a nap in the dark movie theatre and then I went out to dinner at Sundance with the parents. I was in bed by nine. Am I ninety? Yup! Maybe next year I'll be able to stay up later.
Sunday, July 6, 2008
Happy Fourth!
I just got back from a trip to Utah for the Fourth of July. Did I come in last place at the annual PIT game for the eighth year in a row? Yes. Okay, all of you who are involved in finance or actuarial science or whatever it is that you people with the wads of cash do . . . what is the strategy of PIT? I can understand that if you aren't trading any commodities at all, then of course you have no chance to corner the market, but I'm trading! Maybe I'm trying to play the market too much and I happen to be on the losing end of every deal . . . i.e, I trade too often and don't allow the cards to come to me and collect them all? Anyway, the last time I beat Ryan was in 1997 or so. Yikes! The only hand I won all night was when I cornered the market on coffee. But, I contribute that victory to my Seattle and not to any real PIT skill. After that, I got about four hours of sleep and then rode around the Val Verda 2nd ward in the back of a flatbed trailer playing Washington Post March on a C melody saxophone at 6 in the morning for the sixteenth year in a row. It was great. We went to the Gateway to see Kung Fu Panda with the grandkids/give the grandparents a chance to take a nap in the dark movie theatre and then I went out to dinner at Sundance with the parents. I was in bed by nine. Am I ninety? Yup! Maybe next year I'll be able to stay up later.
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Chris,
>Okay, all of you who are involved in finance or actuarial science or whatever it is that you people with the wads of cash do
We need to have a pit lesson sometime. Pit strategy all depends on what you are trying to accomplish. You could try to collect one of everything, and then just watch trading go on for a very long time.
Otherwise, I would say that frequency of trades is probably more important than quantity. And, avoid trade loops (try to trade with different people). And, just like Prisoner in the Abbey, just the part of your brain that isn't thinking about trading to think about what other people tend to gather, and use this to your advantage. For example, Suzy has traded me everything but soybeans. Therefore, hang on to a soybean for a while, and when you trade it, don't give it to Suzy.
Anyway, lets play sometime.
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