Signature Move1 book · 3 highlights

Pocket the Stake, Play with Winnings Only

Books Teaching This Pattern

Evidence

  1. “When he gambles, Desmarais the corporate poker player pockets his opening stake once he has some winnings to play with; then he withdraws some of the winnings from each pot, tucks them away, and continues to play with the rest of his winnings. That style of play, when applied to business, constitutes the basic rule of wealth: always consolidate winnings; once they’re consolidated, don’t bet them again, ever. The winnings are now personal property accumulated through risk, and must be protected so they can grow.”

  2. “a new level of play to win bigger and repeat the process. All along the way, he let his winnings ride into the new ventures; it’s called rolling up winnings, and it’s the technique for winning when you have only a small bankroll.”

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