About this item
Highlights
- Wall Street is where poker and modern finance?and the theory behind these "games"?
- About the Author: Aaron Brown is an executive director at the investment bank Morgan Stanley and a serious lifelong poker player who has played with Wall Street tycoons and world champion poker pros.
- 368 Pages
- Business + Money Management, Investments & Securities
Description
About the Book
Showing how the culture of poker and modern finance on Wall Street are inextricably linked, Brown captures the color of both of these worlds and highlights the real lessons that risk-takers on Wall Street and the high rollers in Vegas can learn from one another.Book Synopsis
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. As a result, business and financial professionals who want to use poker insights to improve their job performance will find this entertaining book a "must read." So will poker players searching for an edge in applying the insights of risk-takers on Wall Street.From the Back Cover
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
Review Quotes
Named one of BusinessWeek's top 10 paperbacks for summer reading: "The Poker Face of Wall Street is a sprawling, idiosyncratic, and sometimes poker-obsessed work filled with nuggets about American history and finance."
About the Author
Aaron Brown is an executive director at the investment bank Morgan Stanley and a serious lifelong poker player who has played with Wall Street tycoons and world champion poker pros. He holds degrees in applied mathematics from Harvard and finance from the University of Chicago. He has been a finance professor and a trader as well as a portfolio manager and risk manager for Prudential Insurance, JPMorgan, Rabobank, and Citigroup.