The Poker Face of Wall Street Available Now

DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/reports/c72148) has announced the addition of “The Poker Face of Wall Street” to their offering.

Since the 1800s, the world of poker and world of commerce and finance have lived in each others long historical shadow. Truth is, it is often hard to pull the two apart even today. The introduction of the steamboat to the Mississippi River in the early 19th century stimulated an extraordinary period of financial innovation, which culminated in the development of the modern derivatives (futures) exchange and modern clearinghouse by the end of the century.

First popular on the banks of the Mississippi River, it is clear that the modern game of poker and modern finance both stole a few lessons from the other. Since that time, academics have been obsessed by gambling games of skill and chance, and the folklore of finance and poker on Wall Street have woven even tighter. Poker tales on Wall Street are always kicked around (particularly in this book), and more than a few traders and high ranking executives have been known to have a friendly game just for peanuts or serious money. It was MIT-trained quants who often scare opponents and the houses on the Vegas Strip.

So what does it mean to be a smart risk-taker, rather than a stupid one? And what determines the fine line between risk-taking skill and ruin? Whether you are walking the walk on Wall Street, or talking the talk on the Strip, Aaron Browns The Poker Face of Wall Street enlightens and bedazzles serious risk-takers about the odds and skills underlying their mercurial crafts, and shows where the cultures of poker and Wall Street meet.

Authors Bio:

Aaron Brown (New York, NY) is a columnist for Wilmott, the leading journal serving the quantitative finance community, and Executive Director at Morgan Stanley. He also writes for Canadian Poker Player. He received the 2005 Wilmott Award as Educator of the Year for his insightful presence on online quant forums. A well known Wall Street quant, Brown is also a lifelong serious poker player who stays in regular touch with the top academic poker researchers. Although he is not a tournament player, he considers himself a top amateur who has played against many famous people on and off Wall Street, and held his own at all types of Wall Street gambling games, including Liars Poker. He once trained a team of blackjack card counters to beat a new casino game called Three Card Poker.

His published articles also have appeared in The Best of Wilmott and The Best of Wilmott II. He received his undergraduate degree in Applied Mathematics from Harvard University, and an MBA in Finance from the University of Chicago. On Wall Street, he has been involved in trading and portfolio management with firms such as Prudential Insurance, JP Morgan, Rabobank, and Citigroup. He also has taught finance at Fordham University and Yeshiva University and ran a hedge fund for three years

News Added: 19 October, 2007

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