Michael Craig - The Professor, The Banker, and the Suicide King

A Book with Legs

Smead Capital Management

Investing, Business, Management

4.2 • 1.1K Ratings

🗓️ 21 October 2024

⏱️ 75 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this episode, author Michael Craig joins Cole Smead and Bill Smead to discuss his book, "The Professor, The Banker, and the Suicide King," which dives into the world of high-stakes poker. The story follows the legendary Texas Hold’em showdown between billionaire banker Andy Beal and a team of top professional players, and explores the psychological tactics and strategic decisions behind each move.

Transcript

Click on a timestamp to play from that location

0:00.0	You're listening to A Book with Legs, a podcast presented by Smead Capital Management.
0:08.0	At Smead Capital Management, we advise investors who fear stock market failure.
0:12.9	You can learn more at Smeadcap.com or by calling your financial advisor.
0:21.1	Welcome to a book with legs podcast. I'm Cole Smead, CEO and portfolio manager here at
0:26.0	Smead Capital Management. At our firm, we are readers and we believe in the power of books
0:30.6	to help shaped informed investors. In this podcast, we speak to great authors about their
0:34.8	writings. The late great Charlie Munger prescribed using multiple mental models and analysis.
0:40.2	We analyze their work through the lens of business, markets, and people.
0:44.5	Joining me to host this episode is our chairman and chief investment officer, my dad, Bill Smead.
0:49.2	Dad, thanks for joining me.
0:50.3	Glad to be here, as always.
0:51.9	And I'll give a lot of credit to our colleague, Will, who came up with this book.
0:55.8	For the Smead family, there is a legacy of poker players that have won their fair share of pots.
1:01.4	We, like many others, think a lot about the odds of investing in common stocks.
1:06.0	It's your hand versus all the other players a la Mr. Market.
1:09.5	Joining us is Michael Craig to discuss his book titled
1:12.0	The Professor, the Banker, and the Suicide King
1:15.0	Inside the Richest Poker Game of All Time.
1:18.4	A little bit about Michael.
1:19.6	He's a securities lawyer by background,
1:21.6	has written three other books.
1:23.0	He played professional poker himself
	...

Transcript will be available on the free plan in -116 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Smead Capital Management, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Smead Capital Management and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.