Variance is a Gut Punch
My passion is poker, a game in which the best player doesn’t always win. There is a certain percentage of luck so in the short run any crappy player can win and any very good player can lose. In the long run, however, the good players win and the bad players lose. That doesn’t change the fact that every session is a boxing match and in some matches the variance is going to give you a gut punch and knock you out cold.
While mentally I understand variance, there is still some mental and emotional pain that always seems to follow a train wreck session in which you drive perfectly on the rails but still end up with a demolition. Last night was one of those nights. 70% favorite, lose. 80% favorite, lose. Long term favorite, win. In the short run, it still hurts.
That’s poker folks!