The Money Game by ‘Adam Smith’

“This is a modern classic.” -Paul A. Samuelson, First American Nobel Prize Winner in Economics

“Anyone whose orientation is toward where the action is, where the happenings happen, should buy a copy of The Money Game and 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 

“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 of The Money Game and 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

The Money Game by ‘Adam Smith’

Great article by Jason Zweig from earlier this year on this topic –  Remembering ‘Adam Smith’

 

George J.W. Goodman, known as Adam Smith to his readers and Jerry to his friends,died last month, age 83. But his work will outlive him for years, and quite likely decades, to come.

Warren Buffett considers Jerry Goodman the second-best writer ever to explain how the investment business works, after the brilliant Fred Schwed, whose Where Are the Customers’ Yachts: or A Good Hard Look at Wall Street? (originally published in 1940) remains the finest – and funniest – book on Wall Street ever written.

“Schwed was the best ever,” Buffett told me in a telephone interview this past week. “But Jerry, especially in ‘The Money Game,’ was incredibly insightful, and he knew how to make the prose sing as well.

“He knew how to put his finger on things that nobody had identified before. Jerry stuck to the facts, but he made them a helluva lot more interesting. He was a great writer.”

In The Money Game, the best-selling book he published in 1968, Goodman exposed the frenzied trading, epidemic rumor-mongering and bizarrely neurotic behavior that drove many professional money managers throughout what came to be called the “go-go” years of the bull market of the late 1960s.

Full article here Remembering ‘Adam Smith’ and book here – The Money Game by ‘Adam Smith’

 

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