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Richard Arnold Epstein Quotes: Reflecting an amalgam of economics, monetary, and psychological factors, the stock market represents possibly the most subtly intricate game invented by man.
         

Reflecting an amalgam of economics, monetary, and psychological factors, the stock market represents possibly the most subtly intricate game invented by man.


Richard Arnold Epstein
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Other quotes of Richard Arnold Epstein


The essence of the phenomenon of gambling is decision making. The act of making a decision consists of selecting one course of action, or strategy, from among the set of admissible strategies.

The essence of the phenomenon of gambling is decision making. The act of making a decision consists of selecting one course of action, or strategy, from among the set of admissible strategies.



The assumption that individuals act objectively in accordance with purely mathematical dictates to maximize their gain or utility cannot be sustained by empirical observation.

The assumption that individuals act objectively in accordance with purely mathematical dictates to maximize their gain or utility cannot be sustained by empirical observation.



Generally, a betting system for which each wager depends only on present resources and present probability of success is known as a Markov betting system.

Generally, a betting system for which each wager depends only on present resources and present probability of success is known as a Markov betting system.



The French philosopher Pierre-Hyacinthe Azaïs (1766-1845) formalized the statement that good and evil fortune are exactly balanced in that they produce for each person an equivalent result.

The French philosopher Pierre-Hyacinthe Azaïs (1766-1845) formalized the statement that good and evil fortune are exactly balanced in that they produce for each person an equivalent result.



There are no conventional games involving conditions of uncertainty without risk.

There are no conventional games involving conditions of uncertainty without risk.



The earliest full-length account of a chariot race appears in Book xxiii of the Iliad.

The earliest full-length account of a chariot race appears in Book xxiii of the Iliad.



A proven theorem of game theory states that every game with complete information possesses a saddle point and therefore a solution.

A proven theorem of game theory states that every game with complete information possesses a saddle point and therefore a solution.





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We were the people who were not in the papers. We lived in the blank white spaces at the edges of print. It gave us more freedom.We lived in the gaps between the stories.

We were the people who were not in the papers. We lived in the blank white spaces at the edges of print. It gave us more freedom.We lived in the gaps between the stories.



international force. Finally, these issues are tackled both at the individual

international force. Finally, these issues are tackled both at the individual



It's not the voting that's democracy it's the counting.

It's not the voting that's democracy it's the counting.



So far China has won the most gold medals, ladies and gentlemen. The Chinese athletes can't wait to get home and show the medals off to the kids who made them.

So far China has won the most gold medals, ladies and gentlemen. The Chinese athletes can't wait to get home and show the medals off to the kids who made them.



Our life is all grounded and rooted in love, and without love we may not live.

Our life is all grounded and rooted in love, and without love we may not live.



The industry should take comfort in knowing that WinStar is my main focus after my faith and family.

The industry should take comfort in knowing that WinStar is my main focus after my faith and family.



Every Warrior of the Light has suffered for the most trivial of reasons.

Every Warrior of the Light has suffered for the most trivial of reasons.




I think it's the entire Washington establishment that is against Trump.

I think it's the entire Washington establishment that is against Trump.



In order to be respected, authority has got to be respectable.

In order to be respected, authority has got to be respectable.




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This page presents the quote "Reflecting an amalgam of economics, monetary, and psychological factors, the stock market represents possibly the most subtly intricate game invented by man.". Author of this quote is Richard Arnold Epstein. This quote is about men, intricate, games, economics, psychological, monetary, factors, reflecting,.