Poker-Playing Hedge-Fund Women Shop Art, Raise Cash for Needy
April 2 (Bloomberg) — Kathleen Kelley , global macro portfolio manager at hedge fund Kingdon Capital Management LLC, has a great view of Manhattan from her 50th-floor conference room. Its a lot nicer than looking at the state of her industry.
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Casino poker language:
- SHORT-STACKED - Playing with a only a small amount of money, thus limiting one's risk and reward.
- ALL-IN - To have all of one's chips in the pot. A player who is all-in cannot be forced out of the pot by more betting, but is only eligible to win that portion of the pot he has contributed to. Generally, a SIDE POT is created each time a player is all-in.
- POSITION - One's location in the betting sequence, relative to the players still in the hand. First position is first to act.
- FAVORITE - Before all the cards are dealt, a hand that figures to be the winner. Ant: UNDERDOG.
- BARN - A FULL HOUSE, three of a kind and a pair.
- BET - To put money into the pot, pursuant to the rules of the game, thus maintaining a chance of winning the pot.
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