The Money Game
Vintage Books, 1976 - 253 páginas
"This is a modern classic." —Paul A. Samuelson, First American Nobel Prize Winner in Economics
"The best book there is about the stock market and all that goes with it." —The New York Times Book Review
"Anyone whose orientation is toward where the action is, where the happenings happen, should buy a copy of The Money Game and read it with due diligence." —Book World
" 'Adam Smith' is a veteran observer and commentator on the events and people of Wall Street.... His thorough knowledge of financial affairs gives his observations a great degree of authenticity. But the joy of reading this book comes from his delightful sense of humor. He is a lively and ingeniously witty writer who never stoops to acerbity. None of the solemn, sacred cows of Wall Street escapes debunking." —Library Journal
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Before we go on, let us hear from one of the deans of money management. Mister
Johnson runs a group of funds called Fidelity, and Fidelity has been the Green
Bay Packers of the fund league for some time now. The Packers do not win every
Portfolio managers used to have the same sort of profile as a CPA, because
portfolio managers were usually trust officers, safe, sound ... The trust oflicer
portfolio manager tolerates detail; the aggressive fund manager can barely stand
Investments in mutual funds went from $1.3 billion in 1946 to $35 billion in 1967.
Pension funds increased in size to $150 billion. And then ... So the “performance”
fund managers moved out of the two hundred biggest companies into, quite ...
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LibraryThing ReviewCrítica de los usuarios - carterchristian1 - LibraryThing
What is remarkable about this book is how ie speaks to the issues that led to the meltdown of 2007 and 2008. The missage is sim;ple.. Beware.Many of the Amazon nreviewers commented on how the book is a pleasure to read. It it. there is humor as well as advice. Leer comentario completo
Preface to the Vintage Edition
Can Footprints Predict the Future?
What the Hell Is a Random Walk?
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