Aaron C. Brown: Other

Aaron C. Brown is American financial analyst. Explore interesting quotes on other.
Aaron C. Brown: 30   quotes 0   likes

“Mathematics alone will blind you and let others rob you.”

Aaron C. Brown

Source: The Poker Face of Wall Street (2006), Chapter 9, Who Got Game, p. 279
Context: Mathematical theory, tested in practice and constantly retested, is a valuable aid to play. Mathematics alone will blind you and let others rob you.

Mathematics

“There's no way to know how good a player you are except by measuring against others.”

Aaron C. Brown

Source: The Poker Face of Wall Street (2006), Chapter 3, Finance Basics, p. 69

Way

“Most people wander through life, carelessly taking whatever risk crosses their paths without compensation, but never consciously accepting extra risk to pick up the money and other good things lying all around them.”

Aaron C. Brown

Source: The Poker Face of Wall Street (2006), Chapter 3, Finance Basics, p. 67

Life , Money , People , Lying

“The trading characteristics of a security become more important than its underlying economics. The virtual economics began to drive the physical economy rather than the other way around.”

Aaron C. Brown

Source: The Poker Face of Wall Street (2006), Chapter 3, Finance Basics, p. 59

Way

“Other people snap up the riskless profits pretty fast and bid the price of calculable risk opportunities to near their fair values. Things get a lot less crowded if you go for the incalculable risks, leaps of faith that cannot be inspected carefully before takeoff. So that is where you find extraordinary opportunities.”

Aaron C. Brown

Source: The Poker Face of Wall Street (2006), Chapter 1, The Art of Uncalculated Risk, p. 2

People , Faith