Recently stumbled across this video, where Phil Laak espouses the basics of bankroll management — i.e. 10 buy-ins and 100x the big blind. Personally, I think the 10 buy-ins needs to be increased for no-limit players … because otherwise, how does the “10 percent rule” apply when you lose your first four sessions of $1/$2 NLH? Are you still just waiting out the variance that you’ve accounted for, or is it already time to drop your stakes to a game that doesn’t exist?