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The American Spellbound

Book by Katya G. Cohen · 3 quotes · Fools, Hedge Funds, Mercy

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The American Spellbound Quotes

“The rules are strict but simple: Poker asks, nay, commands all its adherents to cut the bullshit and embrace reality. It will toy with the deluded — those who have everything figured out — with the playful cruelty of a cat toying with a mouse. Bring all of your convictions and credentials, your anger and insecurities to the poker table and the Poker Gods will tease you and mock you and fill you with false hopes and send you to the ATM a few times before releasing you, broke and steaming, at 5am.”

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“A good salesman knows you better than you know yourself. If you are Chinese, they will sell you yield. If you’re European, they will stroke your sense of superiority. If you’re an ambitious manager of an American pension fund, sitting on piles of money but bound by rules and regulations, they will find a kosher way for you to become the big swinging dick you always knew you were. And if you are an American hedge fund — a serious fund, not two guys and a Bloomberg — a smart salesman cuts the bullshit and both of you reach an understanding.”

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