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Reflections on the LA Open

Posted By: Joe Russell
Date: Wednesday, 15 June 2011, at 12:01 a.m.

In Response To: Reflections on the LA Open (Bob Glass)

Nice write up Bob. I second all you said, especially the comments about Karen, Perry, Justin, Rynell, and Pat.

You stated; 'Drew Giovannis preferred to gamble on Steve and wanted no part in future hedges'. This is false. Drew's hedge was divided such that he had much more interest in me than Steve. Also, Steve and I did no further hedging at 2-away, 2-away. Figuring the hedges was complicated because there were so many people involved and the percentages changed at least three of four times and I was sick and totally exhausted.

What further complicated the hedges is that after Ed won his quarterfinal, Steve and I traded shares with him, but I was leading Steve 6-4 to 11 at the time and we had to prorate the hedge based on that. I was so exhausted at the end I could not think. All in all, I came in 3rd/4th but cashed just a hair under the 1st place finisher and much more than the second place finisher, so maybe it was all worth it, but I am not sure :-).

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