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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Right?" The bright-eyed girl might not have been conscious of what Comsat
meant to her, but Edward was more perceptive about what the market had been
to him. Maybe that is why he got out of it. c. was i dumb! was i dumb! kick me! You
would never have known it, but Arthur actually did very well in the market, I
suspect over every vibrating impulse in his body. "Are you in Solitron?" he asked
me. "Are you in Solitron?" I asked him back, using Harold's stone-wall
questioning technique ...
... the Dow Jones multiple, say fourteen or fifteen times earnings. When General
Motors goes up 30 or 40 percent, the rise adds more paper value to the total of all
market values than all the whingding computer companies put together. General
Motors has 286 million shares outstanding, and hence a thirty-point rise is
additional wealth of nearly $9 billion. Itek, Solitron, Flying Tiger, Emery Air Freight
, Northwest Airlines, and all the favorites of this decade together 92 The Money
When you open your handy stock guide and see the following line under
earnings, you know something is going on: 1964 1965 1966 1967 1968 Solitron .
16 .33 .66 .88 .99 Here is a company whose profits grow every year, and at a
staggering clip. The company must be doing something right. (The example
given happens to be that of Solitron Devices, which sold as low as Wa in 1962
and as high as 275 in 1967. In 1962 the entire market value of Solitron was less
than $1 million, and ...
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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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