The Poker Face of Wall Street

Description

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.;Cover; Title; Copyright; Contents; 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; Chapter 4: A Brief History of Risk Denial. Cover Title Copyright Contents 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 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 Chapter 5: Pokernomics Law and Money Dutch Treat The Trouble in Scotland ... and New Orleans Savage Money Networks Adventurers and Planters Pokerbank Chapter 6: Son of a Soft Money Bank The Stormy, Husky, Brawling Laughter of Youth Triage A Tall, Bold Slugger Set Vivid against the Little, Soft Cities Chapter 7: The Once-Bold Mates of Morgan The Crash of '79 Bridge Bums, Chicago School, and the Pit. Withered these Latter-Days to Leaf-Size from Lack of Action . . .History's Beaten the Hazard And He Burned Them as Wastepaper Chapter 8: The Games People Play When Luck has Something to do with It God Gave You Guts: Don't Let Him Down Guessing Games Masters of the Bluff Bluffing Mathematics Game Fact Small-Mindedness Chapter 9: Who Got Game This Guy Says the Horse Needs Race Rocket Scientist Chairman of the Board Learn by Experiment What Argument Taught Those Who have Knowledge Don't Predict--Those Who Predict Don't have Knowledge If I have to Fall, May it be from a High Place. Ivory Tower RiskDo not Limp before the Lame Fierce as Bluff King Hal Next Time Stop at the Ethyl Pump My Way is Multiway Do Traders Care? Learning about Learning Hammurabi's Rules of Poker Chapter 10: Utility Belt I Ponder the Psychology that Roots them in their Place Safer than Suicide Five Out of Ten to Pass Aplomb in the Midst of Irrational Things Let's Make a Deal More Patient than Crags, Tides, and Stars Innumerable, Patient as the Darkness of Night Annotated Bibliography History and Meaning of Poker History and Meaning of Gambling Finance and Gambling.