The money game
Vintage Books, 1976 - 253 páginas
"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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Given a number of other assumptions — which we won't go into at the moment —
the market will pay more for earnings growing at a 30-percent rate than at a 15-
percent rate, and more for a 50-percent rate than a 30-percent rate. When the ...
Professor Sidney Alexander of MIT, for example, tested all kinds of filters,
inferring from the results what would happen if other mechanical trading rules
were followed. (A filter of 5 percent would work this way: If the stock moves up 5
percent on ...
your turnover is 100 percent. It used to be that a bank trust department would
have a turnover of 2 percent or so and a mutual fund might turn over at 10
percent. Now the bank trust departments are turning over at 10 percent and the
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LibraryThing ReviewCrítica de los usuarios - 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. Leer comentario completo
Preface to the Vintage Edition
IDENTITY ANXIETY MONEY
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