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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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
You can look through and find other examples of companies which seemed to be
unique, and seemed to have found the golden path of stepladder earnings, only
to falter. Semiconductor stocks in the early sixties looked just like that. So you ...
Now we have four hundred fifty-two hungry hedge funds, the top eighty
professional gunslingers, and about three million amateur gunslingers all
chasing small thin stocks with supposedly rapidly growing earnings. It doesn't
take long to figure ...
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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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