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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The point of the footnote is that the more you grow, the harder it is to keep the
percentage of growth constant or increasing, because the base gets so big. A
company with $10 million of sales and something unique can double its profits in
You want the next Solitron, the next Xerox, the company that is going to
compound profits away consistently, so that the market falls madly in love with it.
Where does such a creature dwell, and by what dragons is it guarded? I can't tell
Then came a couple of cases in which corporations reported profits, had their
reports audited and certified, only to come back several years later and say that
the original certified reports were, for one reason or another, off by a very wide
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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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