SVB will not play Shaw imo til Shaw cools off a bit. A few years back when Dennis was really playing well, SVB said he didnt want to play him 'right now'. When Dennis cooled off a bit and SVB was playing well, SVB stepped up and drilled him. SVB is no dope. He will play but not 'right now'. Again IMO
..... bark about how they're willing to play anyone anyone for any amount.
I can't imagine why people like them would put $10,000 on a match. I don't know about Shaw but I hear SVB is pretty smart with his money. He's got to know that, whoever has the advantage, it can't be better than about 55-45 either way, even in a fairly long match. So even the person with the advantage has an expectation of about $11000, compared to the $10000 they're putting up. A savings account would do that well in a couple years, minus 100% of the risk.
I can't imagine why people like them would put $10,000 on a match. I don't know about Shaw but I hear SVB is pretty smart with his money. He's got to know that, whoever has the advantage, it can't be better than about 55-45 either way, even in a fairly long match. So even the person with the advantage has an expectation of about $11000, compared to the $10000 they're putting up. A savings account would do that well in a couple years, minus 100% of the risk.
Would you please direct me to this savings account that gives 10% return over a couple (2) years? If there is a savings account like this hedge funds would run out of business instantly
Haha, how can some of you say that SVB wouldn't "step up" and play him. You guys are some armchair champions over here lately -- and I haven't even visited the site much.
And what the hell does everyone mean saying "both won't play each other unless staked" ... I'm pretty sure Shane can afford $10k quite easily at this stage in his life -- I don't even know if $10k would make him want to hop out of the chair necessarily to play Shaw. It might even need to be more. Just to let you know, Shane has been a champion for like 8 or 9 years now, easily clearing like $2-300k a year. The same can't really be said about Jayson at this stage -- though he's on his way to becoming consistently great.
Any Vanguard-based mutual fund, pretty much. Averaging 7-10% return YoY.
Of course, though not 99.5% guaranteed like a savings account (covered by FDIC). Which is a big reason why its not a savings account, its an investment account. Please be concise with terms or there's no point of a discussion when every term can have a different meaning. And to my point, mutual funds would similarly be hard-pressed for business if a savings account can guarantee 5% annually.
I was exaggerating, but only a little. It still doesn't make sense for someone like SVB or Shaw to bet $10,000 of their own money on a close to 50-50 pool match.