D2: Original question:

POST 1: Discuss why Goldman Sachs was a disciple of Albert Carr’s theory of “business is a poker game and we are all bluffing.”

Albert Carr’s theory of “Business is a poker game, and we are all bluffing.” Many athletes are facing the same issue of competing. It is rare that in the sports awards as quickly as poker has, some of the golfers have entered in the similar when Tiger Woods to the golf world by storm in the late 1990s. Tiger Woods has gone through the professional ranks and brought some set of new rules, and you also forced the many other professional golfers today’s fitness and mental game more seriously and concentrated more. Many of the Tiger Woods peers given to the emergence in golf as fitness is essential for the game. Many of the players were not in shape. Golf did not look like a sport (Palomaki, et al, 2013).

Tiger Woods always focused on determination and confidence and has also separated him from the competition. Tigers’ wood plan was to take fitness in the golfers. Physical and mental professor forced The other players also follow the tools and let in order to remain in the competition. Most of the time, professional games go on the PGA tour, and many other professional tours have a physical trainer and sports psychologist coach. Tiger Woods has become a successful Amateur in golfer in the late 1990s. He became professional in the golfer game. The biggest problem with the tiger as he was under pressure and kept choking at the national tournaments. Tigerwood has won the all American honor three times and nine tournaments in the college (Bożena, & Piotr, 2019).

POST 2:

The theory of Albert Carr business is a poker game and we are all bluffing holds that just like a poker, tactics of the game just lie with them and any can become a winner. There is no restricted rules provided that no party is abusing the other or either taking advantage of the other (Kirkpatrick, 2002). Goldman Sachs is termed a disciple of Albert Carr where he placed a scheme of $550 million with Securities and Exchange Commission which was far below the real returns of the firm. Because Albert Carr theory is concerned with winning and not ethical concerns as far as the game is mind oriented and not to be disclosed to the competitors the deal between Goldman and security commission was seen unethical although a win deal. Goldman bluffing does not consider cheating as an awful thing, but a substantial business skill that hides ones strength and competitive strategies that should not be known by external parties or even business counterpart. Therefore, Goldman bluffing to ethical environment is cohered.

Goldman adopted several tactics of Carr and applied them silently to make a win a deal. Business wise, the value offered was unfair and unreasonable because the same amount could be done just in three weeks in the investment of the firm. Goldman behaved cunningly to maneuver the deal and succeeded although he did not conceal the ethical concerns of the business as well the desirable business practices. Goldman could have taken advantage of little business acumen as well as distrust of its business partner by concealing its great intentions of hitting below the facevalue.