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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IS A RANDOM WALK ? Charting is as old as papyrus ; the " random - walk "
thesis has ancient origins but , properly worked out , is as new as computers .
Charting seeks to find some order in what has happened ; the random - walk
If the random - walk model is a valid description of reality , ” says Professor Fama
, “ the work of the chartist , like that of the astrologer , is of no real value . " The
random - walk fellows seem particularly out to get the Chartists . As I said , one ...
It is a cold , austere world , the world of the random walk , and a negative one .
The random walkers do believe in the intrinsic value of a stock , but they have not
much help for us on that because a stock only sells for its intrinsic value ...
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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
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