Crossing Over

On Thursday, the big flat panel in the hallway of our office wasn’t tuned to CNBC. Instead it was blaring the local news, covering the story about a plane that hit a building about a mile from our office.

I was more preoccupied following a different story online. My neighbor’s house, just a couple of blocks away from my own, was burning out of control. It would be a few hours before I would realize the stories were related.

As the stories merged, newscasters tried to piece together a tidy explanation; one that would resonate with their audience. And one that would reassure them that “he” was different — that “they” were safe from suffering a similar fate. But there is no magic immunity from pain. Mostly, there is just blissful ignorance.  Read More »

Wiped, Recovered and Carli’s 50th

Since Biloxi, I’ve been fighting viruses — a cold and a computer virus.  The cold was also picked up by the Shrink and rggator. We don’t necessarily blame Idouru, who had one while we were all in Biloxi. (cough, cough). I can’t quite pinpoint the source of the computer virus, howver, although I suspect it was a fake Facebook email.  And of course it hasn’t helped matters that the stock market chose the last couple of weeks to pitch a hissy fit.  I wrote about the market’s teenage angst here.

I never thought last year’s rally was completely warranted. Some of it — yes. After all, at one point we were priced for collapse. But with 5.7% GDP growth in the fourth quarter (as unsustainable as that may be), and some pretty decent earnings with solid top-line growth, I don’t particularly get the market’s newfound pessimism.

And I only joined Facebook to access material for my screenwriters group. I barely go there except to accept a friend or occasionally read a message. If you’re trying to contact me, Facebook isn’t your answer.  Same with LinkedIn or the poker social network sites.  So it kind of frosts me that Facebook was the likely source of my virus.  I’m even less likely to check in on it now. It also frosts me that Symantec (Norton Antivirus) doesn’t particularly give a shit that their software doesn’t prevent or fix viruses.  If you were drowning, Symantec would charge you an extra $100 just to keep you company until you went under. 

I learned long ago that Norton wasn’t much help and armed myself with a number of solid virus fighters. And I’ve been pretty handy at tackling all that came my way. But this last virus stayed one step ahead of me the whole time.  After a week of fighting, I realized it was about to win.  Less than an hour after dumping all my files to remote hard drive, I got the blue screen of death.

Luckily, I salvaged this great picture of Brian Zembic I once found on the web. I only saw Zembic once in person at the Bellagio and didn’t have my camera with me at the time. If you don’t know about Brian, you should definitely pick up a copy of The Man With the $100,000 Breasts And Other Gambling Stories.

As it turned out, wiping my computer and reinstalling the operating system was much easier than fighting the virus.  I should have done it sooner.      

Even though I had six months left with Norton, I installed Vipre AntiVirus + AntiSpyware as my primary antivirus and firewall package. I know that one single program can’t protect you from everything. But Vipre is light — unlike Norton that can bog down your system. Also unlike Norton, they are known for their customer service.

I realized, after the fact, that I forgot to deactivate my Final Draft Version 8 software.  But one phone call later, the good folks at Final Draft had me running again. There are other, cheaper, screenwriting programs. But I’ve been very happy with Final Draft and their attentive support.

So after the down time — from both the cold and the virus — I’ve been playing catch up.  This weekend, I have 20+ pages of a script to get out, blogs to read, and poker news to catch up on.  I also have a few market plays that have been on the back burner, waiting for a little downdraft.

I did get an email from the Shrink recently, telling me that Doug Carli made his 50th cash in WSOP Circuit events when he finished 2nd at Harrah’s in Atlantic City in December — boosting his total tournament take to just north of $1 million.  I recently saw Doug and his wife in Biloxi — where Doug has already cashed three times this month. What a machine.

Sadly Vahedi and Biloxi is My New Tunica

Before Chris Moneymaker won the WSOP, propelling the game into a Cinderella fantasy, I got to know many professional players during my trips to Tunica, Mississippi. There were no fans. There was no television. Jack Binion’s World Poker Open was a refuge for hardcore players, looking for a chance to do what they did best. And I knew when I stepped into the GoldStrike’s ballroom, I could always count on seeing Amir Vahedi. But no more.

Amir Vahedi died on January 8th.

Vahedi cashed at the World Poker Open in 2000, 2001, 2003, 2004, 2005, and 2007.  Overall, he grossed over $3 million in tournament poker and won his WSOP bracelet in a $1500 No Limit Hold’em Event in 2003. That year he would also make the final table of the Championship Event and finish in 6th place — the year Chris Moneymaker altered poker’s history.  I will remember Amir not only for his skill, but for his kindness and seemingly endless ability to make those around him enjoy the game he loved.  Read More »

A Tale of Two Amy Calistris

A couple of nights ago, the Poker Shrink forwarded an email from Dan Michalski. It said “46 searches for ‘amy calistri scam’ have brought people to Pokerati this month. Did she write about a scam or is she in one?”

I also got emails from Oliver Tse saying he has been seeing an ad with my picture on a lot of the investment sites he surfs. Lou Krieger recently wrote me because he received an email promotion for my Stock of the Month newsletter. All I can say Lou is that you must be on an investing email list somewhere.

I always thought I was the empress of self-promotion. But as it turns out, when it comes to promotion, I can’t hold a candle to the marketing team at StreetAuthority. Even I’ve surfed investment sites, only to see my face staring back at me. It’s a little unnerving.

Of course this isn’t the first time the investment Amy Calistri and the poker Amy Calistri have bumped into each other. We are, in fact, the same person — and always have been. Although, I was an investor long before I started playing poker. And I was an investment writer before I was published in poker.

The first (and only) poker book I’ve written was Mike Matusow: Check-Raising the Devil, which I co-wrote with Mike Matusow (obviously) and Tim Lavalli. But the first book I intended to write was a book about poker and investing. I was going to call it “Investing is all in the Cards.” The first time I met Lou Krieger I asked him whether he was interesting in co-writing it with me. We never wrote the book, but it started a friendship that is still going strong after all these years. Eventually my friend Aaron Brown took up the mantle with his book The Poker Face of Wall Street.

To complicate matters, the very first chapter of a book I had published was in James Galbraith’s Inequality and Industrial Change: A Global View. But that might be a third Amy Calistri — and a whole other, although intertwined, story.   

Teaser Alert:
A new ”poker Amy meets investment Amy” story came about just last week – involved Jennifer Tilly — and is detailed at the end of this post.   

When I discovered poker, I liked it for the very same reasons I liked investing. They are both exercises in risk vs. return. Whether you are betting into a pot or investing in a security, you want to be sure you have a high probability of getting paid off.    

I applaud each and every person who searched “amy calistri scam.” Where your money is concerned, you can’t be too careful. I assure you, all I do is write an investment newsletter. But even when a newsletter is legit, you should also be sure that it will meet your investing needs and style. For instance, if you’re looking for a newsletter that will help you day trade, I’m not it. 

Unlike the fast-talking pundits on CNBC, I don’t recommend 45 investments in the span of a five minute television segment. In fact, if I had a television show, it would probably be called “Slow Money.” I cover just one investment idea a month. And I never have more than 12 investments in my portfolio at a time, so I can follow each one carefully. Read More »

The Pollack Legacy: The Good, The Bad and The Silly

The dealer barely put down the deck on the 2009 WSOP when it was announced that Jeffrey Pollack, the World Series of Poker Commissioner, had resigned. In 2005, Harrah’s hired Pollack on as the Vice President of Marketing. In January 2006 he got bumped to the new position of WSOP Commish.

Pollack excelled on a number of fronts. Although in ‘05 and ‘06, the marketing end of his job wasn’t that difficult. In the post boom to pre-UIGEA era, marketing the WSOP was a sellers market. All Polack had to do was put bits and pieces of the WSOP up for sale and wait for the bidders. From online media rights, radio rights, the bracelets, playing cards, table felts, exhibitors’ booths, and TV “moment” sponsorships – companies lined up for the privilege.

Who could forget the Levitra final tables of 2005?

But once the UIGEA kicked in, finding mainstream sponsors to supplant the rich pocketbooks of online gaming companies wasn’t easy. Pollack plugged away and got the job done. While some people may mock Jack Link’s Beef Jerky as the 2009 WSOP presenting sponsor, finding any sponsor during the economic downturn was no small feat.  Read More »

Hans “Tuna” Lund Musings

“You’ve got to have the heart of a lion — play fearless, don’t be afraid and, when you roar, they better back up.” - Hans “Tuna” Lund.

It was probably arrogance. But by early 2007, I figured I had met most all of the “old school” players who still had game. A lot of them never left poker. A few more of them straggled back after the boom, hoping for a comeback fueled by larger fields and prizepools. So I was a little surprised when John Caldwell said, “Well lookie there. It’s the Tuna.”

I had heard of Hans “Tuna” Lund. His dramatic heads-up hand (thanks for the link Kevmath) against a chain-smoking Mansour Matloubi in the 1990 Main Event was legendary. After his second place finish in 1990, he cashed in 1991, and made the final table again in 1992.

He won his first WSOP bracelet in 1978 in the $1,500 No Limit Event. Eighteen years later, Lund took home his second WSOP bracelet in the $1,500 Ace to Five Draw Event. In his career, he grossed nearly $3 million. This is especially impressive considering the many years Lund was absent from the poker circuit to spend more time with his family.

Hans “Tuna” Lund died on November 6th of cancer. He was 59. Read More »

Wil’s Big Bang and Pauly’s Finger

“Game over, Moonpie.”

If you missed The Big Bang Theory this week, you missed this line getting deliciously delivered by Wil Wheaton.  Wil plays his “delightfully evil” alter ego while tilting Sheldon in a card game called the Mystic Wizards of Ka’a.  Up until this week, I had only ever seen Wil play poker. 

It was just a couple of weeks before I discovered Wil was going to be on BBT that my brother and I discussed how Wil would be a perfect guest on the show.  I recently gave Matty a copy of Wil’s book Just a Geek: Unflinchingly honest tales of the search for life, love, and fulfillment beyond the Starship Enterprise, which he highly recommends.

Wil was, indeed, perfect on the show. Now that he has staked out his territory as Sheldon’s nemesis, I can only hope he comes back to reprise the role. Reading through the blogosphere, I’m not alone on that front.

Getting to see the evil-yet-still-playful side of Wil has me convinced that he could totally pull off Hellmuth in the movie version of Check-Raising the Devil.

I first met Wil at the World Poker Blogger Tour in December 2005. Every one was falling all over themselves to introduce me to Wil. He struck me as very nice — passionate and articulate about poker. But I wasn’t sure what all the hoopla was about.

Even when people referred to him as Wesley Crusher, I didn’t put 2 and 2 together. I just thought they called him that because he looked like a slightly older version of the character on Star Trek: The Next Generation. It wasn’t until months later that I realized he WAS Wesley Crusher. Read More »

Embracing Uncertainty: Civil War Generals and Poker

This 2005 PokerPages article was inspired by a chat at a cocktail party. Poker was all the rage and people were curious about the way in which I made my living. While much has been written about the similarities between war and poker (as in David Apostolico’s Tournament Poker And The Art Of War), a Civil War buff at the party was intrigued about their shared need to exploit uncertainty.  A little further Civil War study on my part yielded this article.
 

As a new commander of the 21st Illinois Regiment, Ulysses S. Grant was about to enter a rebel camp.

“As we approached the brow of the hill from which it was expected we could see Harris’ camp, and possibly find his men ready formed to meet us, my heart kept getting higher and higher until it felt to me as though it was in my throat. I would have given anything to have been back in Illinois, but I had not the moral courage to halt and consider what to do; I kept on.”

Grant was about to learn a valuable lesson. A lesson the best poker players know by heart. Read More »

Poker and Nudity: Show Me Something New

Using a Swimsuit Edition-esque model, ESPN Magazine has released its Body Issue, featuring athletes in various stages of undress.

Poker gets its due, with this picture of Scotty Nguyen, Jennifer Harman, Phil Hellmuth and Daniel Negreanu. 

I have no beef with the magazine’s selection. I feel our fearless foursome pretty much represent the field of poker. And I’m glad the magazine didn’t cherry pick among the Vanessa Roussos and Patrik Antoniuses. (I do kinda wish they picked Doyle — I just think that woulda been perfect)  

There are two things that non-poker players will learn from this photo. The first is that poker is a “big tent” game. This is the only co-ed photo in ESPN’s feature. Unlike other sports, both genders go tits to balls at the poker table.  The second thing they will learn is that poker is a sedentary sport. Read More »

Protecting Your Assets

Note: I wrote this article for PokerPages in 2005. It started from a pitch I made to Capital Sports and Entertainment (the company that represents Lance Armstrong). I wanted to see if they would start a business unit dedicated to representing professional poker players. As part of my pitch, I wrote three commercials: Phil Hellmuth for Preparation H, Phil Ivey for Nike, and the Feduniak’s for Ensure. They  eventually passed on the idea, but this article was born.  

No. This is not an article about managing your bankroll or defending your home game against marauding bandits. Although after you read it, you may wish it was.

Something happened to me last week that made me think about Bobby Ojeda. Ojeda was a pitcher for the New York Mets and missed the last three weeks of the 1988 season, jeopardizing his career, when he severed his middle finger while trimming his hedges. I mean, he was a major league pitcher. Maybe he could have hired a gardener?

Most athletes know the importance of safeguarding their physical assets. In the movie Bull Durham, that theme is echoed in the advice veteran catcher, Crash Davis, offers rookie Nuke Laloosh, “When you get in a fight with a drunk, you don’t hit ‘em with your pitching hand.”

I grant you that poker players don’t need much of a fastball. And a vertical leap doesn’t necessarily come into play. I used to think if poker players had the mental stamina to play a ten-hour session, they were good to go. But I was sorely mistaken.

A Painful Realization:
I spend a lot of time in front of the computer, writing and playing poker. To get some exercise and gain a little perspective, I take a two-mile walk every day. Last week I was accosted by a neighborhood dog, whose run extended past the sidewalk. And I’ll be damned if he didn’t bite me right on the ass. He didn’t break the skin, which I verified by pulling down my pants for all the neighbors to see. But he left a pretty good-sized bruise. I’ve always been a little self-conscious about my lack of butt. However, in this instance, it served me well. If I were J Lo, they’d still be trying to pry that dog from my seat. Read More »