Aaron C. Brown Quotes

But you can't ignore dense people-they're not unarmed; they're armed differently.

Aaron C. Brown

Monotheism introduced the idea that we should passively accept whatever fate God dealt. Gambling seemed to be a refusal to do that.

Aaron C. Brown

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

Mathematical theory, tested in practice and constantly retested, is a valuable aid to play. Mathematics alone will blind you and let others rob you.

Aaron C. Brown

There is a deep, ancient connection between gambling and divination.

Aaron C. Brown

All exchange stimulates productive activity, whether exchange by gift, gambling, barter, or money transaction.

Aaron C. Brown

Many financial disasters can be traced to people who thought they were hedging.

Aaron C. Brown

If no one gambled against the grain in good times, there would be no winners to inspire people in the bad times.

Aaron C. Brown

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

Aaron C. Brown

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

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

You need a strategy, and a trade or investment decision can be evaluated only in the context of that strategy.

Aaron C. Brown