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The Money Game is the second book by the late Adam Smith (aka George Goodman) I’ve read and reviewed. Like Supermoney I was struck by how similar the investment world is today compared to 45 years ago, when it was published.

Adam

'This is a modern classic.' 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 of The Money Game and read it with due diligence.' — Book World ' 'Ada 'This is a modern classic.' 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 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.

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Smith

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. An enjoyable and refreshing read, especially for someone in the investment trade. Unlike the holier than thou value investing books, many of which I’ve had the pleasure of reading, this one does not claim that there is any meaning to the investment activity, other than acquisition of financial wealth, nor does it portray the “pursuit of alpha” as anything meaningful, an end in itself.

The author is rather personable and observant, yet another player on Wall Street, successful, but no one that wil An enjoyable and refreshing read, especially for someone in the investment trade. Unlike the holier than thou value investing books, many of which I’ve had the pleasure of reading, this one does not claim that there is any meaning to the investment activity, other than acquisition of financial wealth, nor does it portray the “pursuit of alpha” as anything meaningful, an end in itself. The author is rather personable and observant, yet another player on Wall Street, successful, but no one that will be remembered. He starts of rather light-heartedly, describing all the follies and personalities. Towards the middle of the book, the author-narrator grows a bit more restless and perhaps a bit bored with the trade. Call it a midlife crisis, but instead of buying a motorcycle or a Porche, he makes an attempt to first seek a more lively thrill of trading cocoa futures and then tries to seek the truth, first through a conversation with a semi-mythological entity, called the Gnome of Zurich, and later through pursuit of redeeming the pure silver out of the national treasury of the United States of America, and then starts to muse only halfway lightheartedly about what is wealth all for and how base it all really is. Yet, I am sure, this musing does not prevent him from enjoying a fine dinner and a home in the Hamptons.

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