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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I invested twenty thousand dollars in IBM and that twenty thousand has made me
a millionaire. If something happens to me, whatever you do, don't sell the IBM."
Mr. Smith himself never sold a share of IBM. Its dividends were meager, naturally,
One of the most riskless forms of investment is the Turnaround, that is, a company
whose fortunes have soured and consequendy the market has sold it and sold it
and sold it. Finally all the sellers who react to the souring fortunes have sold, ...
"I sold it at ninety-eight dollars, so you see it hasn't gone up since I've sold it." "
That's true," I said. "I sold it to switch into Polaroid, I knew that little Swinger
camera was going to be a hit, and a friend of mine who is a buyer for a very, very
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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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