Jonathan Wendel earned $454,544. He is very similar to us investors / traders in many ways despite being a professional video gamer. Academics have in fact identified the roles that gamers adopt — such as Explorers, Sentinels, Analysts and Campaigners. Not that dissimilar to the tribes academics assigned us investors. The point is, we are more alike than we are unalike, and both groups could learn valuable lessons from one another.
I’d like to focus on one important similarity. Video gamers competed for more than $65 million in prize money last year. It’s serious money that demands a serious mindset. Therefore, the top gamers treat it like a business, just the way that we investors need to treat our portfolio management efforts as a business.