The Poker Face of Wall Street
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Wall Street is where poker and modern finance and the theory behind these "games" clash head on. In both worlds, real risk means real money is made or lost in a heart beat, and neither camp is always rational with the risk it takes.
Praise for The Poker Face of Wall Street
"Playing high-level poker, trading options, marketing bonds, and being a professor of finance-Aaron Brown has done them all."
-Edward O. Thorp, author of Beat the Dealer: A Winning Strategy for the Game of Twenty-One and Beat the Market: A Scientific Stock Market System
"The first attempt to help individual investors profit from a better understanding of the art of gambling. There may be few individuals better suited to take on such a controversial argument with such authority."
-Stephen Schurr, Financial Times
"Brown's model is instantly graspable, but contrary to the conventional wisdom on both economics and gambling."
-Publishers Weekly
"The author provides investment professionals an immensely valuable benefit by challenging them to consider familiar issues from new angles. His book is not only entertaining, but also full of provocative ideas that merit lengthy and serious engagement."
-Martin Fridson, Financial Analysts Journal
"How to be a poker pro and much more . . . a delightful journey through risk concepts with a Wall Street derivatives trader. A great read and a good manual for understanding risk."
-Dr. William T. Ziemba, University of British Columbia, Vancouver
"Playing high-level poker, trading options, marketing bonds, and being a professor of finance-Aaron Brown has done them all."
-Edward O. Thorp, author of Beat the Dealer: A Winning Strategy for the Game of Twenty-One and Beat the Market: A Scientific Stock Market System
"The first attempt to help individual investors profit from a better understanding of the art of gambling. There may be few individuals better suited to take on such a controversial argument with such authority."
-Stephen Schurr, Financial Times
"Brown's model is instantly graspable, but contrary to the conventional wisdom on both economics and gambling."
-Publishers Weekly
"The author provides investment professionals an immensely valuable benefit by challenging them to consider familiar issues from new angles. His book is not only entertaining, but also full of provocative ideas that merit lengthy and serious engagement."
-Martin Fridson, Financial Analysts Journal
"How to be a poker pro and much more . . . a delightful journey through risk concepts with a Wall Street derivatives trader. A great read and a good manual for understanding risk."
-Dr. William T. Ziemba, University of British Columbia, Vancouver