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Although you probably don't want to think of your broker or investment bank as playing games with your hard-earned money, the fact is that gambling lies at the heart of economic ideas and institutions. Not surprisingly, the game most like the financial markets—poker—is hugely popular with financial professionals.

Financial professional and lifelong poker player Aaron Brown knows how fine the line is between risk-taking and ruin. Now, in The Poker Face of Wall Street, Brown enlightens and bedazzles serious risk-takers about the odds and skills underlying their mercurial crafts and shows how the cultures of poker and Wall Street are so easily intertwined. Whether you're walking the walk on Wall Street or talking the talk on the Vegas Strip, this entertaining book reveals why the modern game of poker and modern finance have more similarities than differences, and what those similarities mean for players at each kind of table.

The Poker Face of Wall Street also:

Delves into the psychology of finance and the economics of poker

Explores some of the cutting-edge work being done in these fields and some of the dangerous nonsense to avoid

Reveals how America's passion for gamblingat poker and in the markets has shaped the country's economic success and national character

Includes author flashbacks in which Brown candidly recalls his triumphs and disasters in high-stakes finance and poker

The Poker Face of Wall Street is a one-of-a-kind book that will show you the real meaning of risk and reward. Financial professionals who want to use poker insights to improve their job performance will find this entertaining book a must-read, as will poker players searching for an edge by applying the insights of risk-takers on Wall Street.

作者简介：

AARON BROWN is an executive director at the investment bank Morgan Stanley. He won the Wilmott Award in 2005 as Financial Educator of the Year for his speaking, writing, and activism. He holds degrees in applied mathematics from Harvard(where he played poker with a future world's richest man and a future president of the United States)and finance from the University of Chicago(where he played poker with three Nobel Prize winners). A well-known Wall Street quant, he is a columnist for Wilmott, the leading journal serving the quantitative finance community. He has been involved in trading, risk management, and portfolio management for Prudential Insurance, JPMorgan, Rabobank, and Citigroup. He is also a serious lifelong poker player who has played with Wall Street tycoons and world champion poker pros.

Foreword

Preface

CHAPTER 1 The Art of Uncalculated Risk

Risk

Risk Rules

Finance and Gambling

An Example of the Trading Game

Gambling and Finance

Opponents

Hold 'Em Aces

Truth

CHAPTER 2 Poker Basics

Poker Hands

Betting

Limits

Mechanics

You Gotta Know When To...

And He Answers: "Omaha"

Stud

Draw

Basic Strategies

Calling

Taxes

CHAPTER 3 Finance Basics

Econospeak

Commercial Banks

Investment Banks

Exchanges

Theory

Financial Challenges

Flashback: Wall Street Poker Night

The Players

Economics

The Game

CHAPTER 4 A Brief History of Risk Denial

I'm Shocked--Shocked--to Find That Gambling Is Going on in Here!

Hedging Bets

A Random Walk Down Wall Street

Foreign Interest

Futures and Options

The Crash of '87 Flashback: Gardena and the Single

Heterosexual Male

No Stud-Horse Allowed

……

Chapter 5 Pokernomics

Chapter 6 Son of a Soft Money Bank

Chapter 7 The once-bold mates of Morgan

Chapter 8 The Games People Play

Chapter 9 Who Got Game

Chapter 10 Utility Belt

Annotated Bibliography

Index

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最明智的赌博就是只下很小的赌注，消遣娱乐而已。

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投资者的心理比经济基本面更能有效的解释股票市场。

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书籍介绍

Wall Street is where poker and modern financeand 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.