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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Rosalind. You're chasing this stock away from me.' " 'Adele and Dorothy wanted
some too,' Grandma says. " 'Lay off my stocks,' I say. 'You shouldn't even be in
this kind of stock.' " 'Why not?' Grandma says. 'I have to own growth companies. I'
m getting a stake together for my old age.' "I let the reference to old age pass. "
The Morgan bank is doing a very good job,' I said. " 'I looked up those stocks the
Morgan bank manages,' Grandma said. 'Boring. They never move.' " 'Now listen!
He's always got an answer. 'Why is my stock going down?' Profit-taking, he says. '
Why is the market going down?' Taxes are going up, he says, or the President is
having a press conference this afternoon, or there is a war somewhere. They can
never tell you anything straight, they're so used to lying. "Take my Syntex. I
should have sued the lousy thief who put me into that. This was on the last swing.
The stock has a good move, from eighty to one hundred ten. I tell this lousy tout, I
Well, They are the people who move stocks. They get the information first, maybe
They even create the information, and They are about to put the stock up or down
. They are mysterious, anonymous, powerful, and They know everything. Nothing
fazes Them. They are the powers of the marketplace. Is there really a They? Only
a few years ago, such a question would have been greeted with hoots of laughter
. Sure, the answer would have been, there was a They in the days of the great ...
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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?
4 other sections not shown