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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
" "Mathematical theory, tested in practice and constantly retested, is a valuable aid to play. Mathematics alone will blind you and let others rob you.
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About Aaron C. Brown
Aaron C. Brown (born November 27, 1956) is an American author and financial trader. He is best-known for the idea that the economics of modern global derivatives evolved from gambling games rather than older financial institutions, and that gambling remains at the core of economic life.
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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.
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