Monotheism introduced the idea that we should passively acc… - Aaron C. Brown

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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

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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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Richard Arnold Epstein John Kenneth Galbraith Warren Buffett Didier Sornette Benjamin Graham

Additional quotes by Aaron C. Brown

From the lottery to raise the funds for the founding of Jamestown, Virginia, in 1607 to the lottery used to pay the interest on Dutch loans to the United States during the Revolutionary War, the development of the United States was funded by gambling.

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

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

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

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