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The Money Game (1968)

von Adam Smith

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389465,285 (4.09)2
"The best book there is about the stock market"--timeless investing basics by the host of the Emmy Award-winning show Adam Smith's Money World (The New York Times Book Review). This essential book takes readers to the Street to learn about the intricacies of money and how the stock market impacts every area of our lives. According to the author, the key to making wise, lucrative investments is knowing ourselves. In witty, easily accessible language, he shares pithy insights about the role of intuition and the psychology of guilt, arguing that there is no substitute for information. Smith's Irregular Rules shatter common myths and misconceptions, revealing why nothing works all the time and illustrating how greed and fear fuel the market.   Readers will learn about the safest types of investing, the key to following market trends, and how to capitalize growth, gleaning tips on stock movers, winners and losers, and much more. Peppered with entertaining and prescient anecdotes, The Money Game analyzes who makes the really big money and explores the meaning of our desire to become rich. From selling short and buying long to Wall Street's crowd mentality, from what constitutes a random walk to why timing is everything, this is the definitive portrait of the Street, then and now.… (mehr)
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My copy has a 9-digit SBN: 330 02555 4. ( )
  HenrySt123 | Jul 19, 2021 |
Something of a relic of its time, since these essays were written in the go-go years of the 1960s stock markets. To that extent, it's valuable as a time capsule, but that's about it. The humour can be very forced at times, and if you read the essays all at once, there's a certain "get on with it" attitude that creeps up over you. A few insights, but mostly historical value. ( )
  EricCostello | Jun 8, 2021 |
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.
  carterchristian1 | Apr 28, 2009 |
History of Financial Advice Collection. Adam Smith was the financial journalist George Goodman’s pseudonym and the name suggests the wry concealed-insider status that typifies the book’s style. It was published in 1968 and is very clearly a book of its moment, informed by the excitement of the “go-go” years of the ’60s in which the small investor still played a role in the stock market but very prescient about the changes about to come, specifically the ending of the Bretton Woods agreement, the inflationary crisis of the ’70s and the speculative cultures of the ’80s. The book is important for two reasons. Firstly, it provides a detailed account of the psychology of the successful stock picker and knows that the market is about “image and reality and identity and anxiety and money […] the money which can preoccupy so much of our consciousness is an abstraction and a symbol. The game we play with it is an irrational one, and we play better with it when we realize that, even as we try to bring rationality to it.” Secondly, the book is also coded by the speculative genres of science fiction and the thriller, and can be read alongside the work of financial investors, such as Howard Ruff, Paul Erdman and Peter Tanous, who drew on the tropes of popular fiction to understand financial investment.
  LibraryofMistakes | Feb 17, 2018 |
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"The best book there is about the stock market"--timeless investing basics by the host of the Emmy Award-winning show Adam Smith's Money World (The New York Times Book Review). This essential book takes readers to the Street to learn about the intricacies of money and how the stock market impacts every area of our lives. According to the author, the key to making wise, lucrative investments is knowing ourselves. In witty, easily accessible language, he shares pithy insights about the role of intuition and the psychology of guilt, arguing that there is no substitute for information. Smith's Irregular Rules shatter common myths and misconceptions, revealing why nothing works all the time and illustrating how greed and fear fuel the market.   Readers will learn about the safest types of investing, the key to following market trends, and how to capitalize growth, gleaning tips on stock movers, winners and losers, and much more. Peppered with entertaining and prescient anecdotes, The Money Game analyzes who makes the really big money and explores the meaning of our desire to become rich. From selling short and buying long to Wall Street's crowd mentality, from what constitutes a random walk to why timing is everything, this is the definitive portrait of the Street, then and now.

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