OK, I’m going to try to fire up the blog again.

I have some problems with blogging, namely I don’t like to talk about life outside poker that much, yet most of my life is outside poker, and then when I talk poker I don’t like to talk results. The quick 07 summary is that I had huge year live and a terrible year online. The live action was a lot bigger than the online. My gambling in 07 was insane… I had daily swings in live play of a half million or close to fairly often.

Beanie and I are starting up a new site at some point in 08 called Poker and Finance. www.pokerandfinance.com. I think this site is going to be pretty amazing. We’re going to bring in some very accomplished guys to write for the site.

Though I haven’t made the crossover from poker to other stuff, to some extent I’m always trying to. This year I’m going to start trading actively at my friend Bob Bright’s firm, Bright Trading (www.stocktrading.com). I’m also working hard to finish up a co-authored book on behavioral finance.

Poker has made me fairly sick with regard to taking monster bets relative to my bankroll when I think the edge is big. In 2005, the first year I ran big in poker, I lost 230k in one day in one stock at a time when my bankroll was 520k (nov 05). This year I made a million in one day in one stock in July. That was especially insane b/c my bankroll wasn’t that big in march 07; I just ran huge subsequent to that. I followed the July score with huge losses and then huge gains.

I’ll be playing a lot of big online in 08, especially the latter half of the year. I have a sweet online setup in my new apartment, and I’m ready to put in the time again to be a top player online. My online play in 07 suffered from the usual problems of overconfidence. My game selection was terrible. Also, I now believe pretty strongly that you need a dedicated online set-up to play poker seriously.

I’m in Sydney right now. This city is unbelievable; one of the three coolest cities I’ve seen. I mean it just piles strength on strength on strength. It’s like you go to the beach and you think, omg this is beautiful, then you take a look around and and the girls are amazing, like a -2 point curve on Boston or NorCal, then you stop in for lunch and have nice people introduce themselves and buy you beer.

I think www.aussiemillions.com is going to be pretty incredible. I can tell the Aussies take their gambling seriously.

One thing I’m halfway looking for is someone to work with me on trading and other stuff (writing, pokerandfinance.com, analyzing online poker games, etc.). My ex-Harvard students are ideal but they don’t want to take the career risk associated with doing random stuff for a guy who does random stuff. Shoot me an email at badams2525@gmail.com if interested. I imagine there are some twoplustwo frequenters who’d be ideal. I could conceivably partner with someone rather than hire someone. I don’t really have time to mentor so the person I’m thinking of would have to have a very heavy background in poker, finance, and econ.

Brandon