By Barry Greenstein
'Ace at the River' is not any usual poker e-book. this can be the 1st really "advanced" consultant geared toward enhancing your video game. Written in an easy-to-read, naked bones conversational variety and designed to assist someone drawn to expanding their knowing of the sport, this publication is perfect for these new to the sport or successful pros. the elemental philosophies offered transcend the fairway felt and will be utilized in all aggressive ventures. whereas such a lot poker books specialize in easy principles and techniques, the book's complex point of view addresses components that influence either online game play and the participant. concentrating on numerous matters, equivalent to the psychology of poker, cash administration, family members concerns, and intercourse, this ebook supplies the reader an extraordinary probability to appear past the playing cards to work out the poker international via anyone who lives it. the original you-make-the-call-play through play part will problem the reader time and again. this can be a assessment and consultant to the realm of high-stakes poker as obvious by way of essentially the most famous and well-respected gamers of all time. From the start of 2003 until eventually the center of 2004, Barry Greenstein received seven poker tournaments and got here in moment 5 instances, together with profitable an international Poker journey occasion and a global sequence of Poker bracelet. referred to as the Robin Hood of Poker, Barry has donated approximately 3 million money of his match winnings to charity.
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Additional info for Ace on the River: An Advanced Poker Guide
Kaplan and Stein 1993: 345)63 Liquidity is usually defined as the degree to which an asset or security of one kind or another can be traded without radically altering the conditions of the market for that asset or security – typical price levels (Melton 1985: 152–3). This liquidity is sustained in turn by the liquidity of the market itself, which is based on some standard conditions. If there are numerous willing buyers and sellers and an active market (high volumes of transactions) then that market is liable to be relatively liquid and any given asset or security traded in it is liable to be more liquid than it would be under differing market circumstances.
KKR were one of the first private equity firms to focus on, and develop a structure and strategy for, buyouts of publicly listed companies. They undertook solicitation to create a fund, used some of the capital of the fund in conjunction with debt to undertake a buyout, and structured a separate shell company to administer the acquired company and feed returns back to the fund and its investors. The signal for KKR’s interest in a given buyout opportunity was a combination of factors. The initial signal was usually whether a company was experiencing some kind of acquisition threat – usually the purchase of its stock by a competitor who intended to oust the current management.
There was, as a result, no incipient market to be constrained by the recessions (1973–75 and 1979–81) and stagflation of the subsequent decade. 1 In this respect, the UK (and Europe in general)2 was quite different than the US. Forms of social democracy and forms of the Keynesian economic model involved a different kind of state in the UK and Europe. The US operated automatic stabilisers and had increasingly accepted the validity of a form of the Keynesian approach (Galbraith 1975: chp 3.