The money game"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 |
From inside the book
Results 1-3 of 40
Page 52
Back to Freud: "One must . . . never allow oneself to be misled into applying to the
repressed creations of the mind the standard of reality; this might result in
underestimating the importance of fantasies ^'in symptom- formation on the
ground that they are not actualities . . . one is bound to employ the currency that
prevails in the country one is exploring; in our case it is the neurotic currency." To
which Norman Brown adds, "all currency is neurotic currency." Now it may seem
a far cry from ...
Back to Freud: "One must . . . never allow oneself to be misled into applying to the
repressed creations of the mind the standard of reality; this might result in
underestimating the importance of fantasies ^'in symptom- formation on the
ground that they are not actualities . . . one is bound to employ the currency that
prevails in the country one is exploring; in our case it is the neurotic currency." To
which Norman Brown adds, "all currency is neurotic currency." Now it may seem
a far cry from ...
Page 54
I suppose there does have to be a balance in time, so that we do not have, as
Keynes said, quoting Alice, "a case of jam tomorrow and never jam today," or in
Norman Brown's words, "the dynamics of capitalism is postponement of
enjoyment to the constantly postponed future." And it is true that many of our most
adept Game players never get around to spending the money they have made.
But if they had escaped the guilt and tension necessary for the first white chip,
they would never ...
I suppose there does have to be a balance in time, so that we do not have, as
Keynes said, quoting Alice, "a case of jam tomorrow and never jam today," or in
Norman Brown's words, "the dynamics of capitalism is postponement of
enjoyment to the constantly postponed future." And it is true that many of our most
adept Game players never get around to spending the money they have made.
But if they had escaped the guilt and tension necessary for the first white chip,
they would never ...
Page 196
Consequently brokers offer Charley their houses in Jamaica, their boats in Maine
, their golf clubs in Pebble Beach; but Charley is so cool he never takes any of
this, because his hobby is staying ahead of the Word. Consequently Charley can
afford to be magnanimous to his less fortunate brethren. At one particular turn in
the market he called and said, "Chester's charts are singing," in the tone of one
bringing a Bull from the Pope. "The breadth is beautiful, and the angle of
acceleration ...
Consequently brokers offer Charley their houses in Jamaica, their boats in Maine
, their golf clubs in Pebble Beach; but Charley is so cool he never takes any of
this, because his hobby is staying ahead of the Word. Consequently Charley can
afford to be magnanimous to his less fortunate brethren. At one particular turn in
the market he called and said, "Chester's charts are singing," in the tone of one
bringing a Bull from the Pope. "The breadth is beautiful, and the angle of
acceleration ...
What people are saying - Write a review
LibraryThing Review
User Review - carterchristian1 - LibraryThingWhat 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
Contents
Preface to the Vintage Edition | 1 |
IDENTITY ANXIETY MONEY | 9 |
Can Footprints Predict the Future? | 109 |
Copyright | |
4 other sections not shown
Other editions - View all
Common terms and phrases
Adam Smith adding machine Airlines Albert says American anyway asked bank bear market believe better bought broker called capital cash cents Charley says chart Chartists cocoa Comsat couple crowd Digital Datawhack earnings feel fifty fund managers Gnome of Zurich goes going gold growth gunslingers happened Harry's hedge fund HOFSTATDER hundred idea investment investors Irwin Jack Dreyfus Keynes look lunch marketplace Marvin million dollars Mister Johnson Money Game Motorola move never nice ounces pany paper percent play players Polaroid Poor Grenville portfolio manager problems profits psychiatrist puter random random-walk Robert Scarsdale security analysts sell Sidney silver smart sold Solitron speculators stock market talk tape tell thing thousand tion trade Treasury trying Uncle Harry walk Wall Street Winfield Xerox York Stock Exchange
Bibliographic information
| Title | The money game Vintage Series |
| Author | Adam Smith |
| Publisher | Vintage Books, 1976 |
| Original from | the University of California |
| Digitized | 15 Oct 2008 |
| Length | 253 pages |
| Export Citation | BiBTeX EndNote RefMan |