The money game
Vintage Books, 1976 - 253 pages
"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 ofThe Money Gameand 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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Albert and computers are not strangers to each other; he has been using one in a
time-sharing program before, and I have sat with him while he circles in red little
numbers on the green-and- white computer print-out sheet. "On line, real time,"
Albert says. On line is just what it sounds like, the information is all there on the
same system. Real time is practically instantaneous. This means the system
works like one of those airline computers which scans all the seats on all the
planes and ...
... airlines, and if (as they did recently) the funds own more than 40 percent of
Northwest Airlines, and if a number of funds want to get out of Northwest Airlines
at the same time, it may be hard to find buyers, and Northwest Airlines is going to
have some wide swings. There is, of course, yet another danger, one spoken of
only in hushed tones. A mutual fund, an "open-end" mutual fund, is by definition a
fund which will redeem the shareholder's shares for cash any business day he ...
"Larry X was here to lunch today and he thinks we've seen the lows and he is
buying some airlines. Joe Y was here and he thinks we have another leg to go on
the downside and he isn't buying. Harry thinks Joe's figures on capital spending
are ten billion dollars too low. Here are the airlines Harry likes . . ." At the next
desk, Scarsdale's secretary is lining up some senators for a dinner Scarsdale is
giving. The legends are already starting. Scarsdale is supposed to have
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LibraryThing ReviewUser Review - 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. Read full review
Preface to the Vintage Edition
IDENTITY ANXIETY MONEY
Can Footprints Predict the Future?
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