The Money Game, Adam Smith
The Money Game, Adam Smith
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The Money Game

Author: Adam Smith

Narrator: Jason Smith (Male Synthesized Voice)

Unabridged: 7 hr 41 min

Format: Digital Audiobook Download

Publisher: Loudly

Published: 01/22/2024

Synopsis

"The Money Game" is a classic investment book written by George J. W. Goodman, using the pseudonym Adam Smith. First published in 1968, the book provides insights into the world of finance, investments, and the psychology of markets. It offers a blend of financial wisdom, humor, and anecdotes, making it an engaging read for both seasoned investors and those new to the world of finance.

About Adam Smith

Adam Smith (1723-1790) was a Scottish philosopher who is best known for his book The Wealth of Nations, which had a profound influence on modern economics and concepts of individual freedom. He was a professor of logic at Glasgow University, as well as the chair of moral philosophy. His lectures covered the field of ethics, rhetoric, jurisprudence, and political economy. In 1759, he published his Theory of Moral Sentiments, which embodies some of his Glasgow lectures. In 1776, he published The Wealth of Nations, which covered such concepts as the role of self-interest, the division of labor, the function of markets, and the international implications of a laissez-faire economy. Smith is most often recognized for the expression "the invisible hand," which he used to demonstrate how self-interest guides the most efficient use of resources in a nation's economy, with public welfare coming as a by-product.

Reviews

Goodreads review by Tim

The dust jacket proclaims a "modern classic." My proclamation is less grand. In 1968, this was a monumental book. It remained a #1 bestseller for over a year, and that was back when people were reading books. George Goodman pioneered a new way of writing about economics (and later won 5 Emmys for hi......more

Goodreads review by Heikki

Buffett recommended this book in his 1960s partnership letters. Not sure why. Sure, some common market wisdom here and there but lengthy stories to make simple points (if there were any at all) and ”hooks” were badly missing. Hasn’t aged very well, not a favourite.......more

Goodreads review by Bill

One of the few books you'll ever need in life. Never get emotional over a worthless piece of paper with fancy symbols and numbers. Save, invest, keep playing the game. God bless you Mr. Goodman. -bb......more

Goodreads review by Nicolai

Professional investing is intolerably boring and over exacting to anyone who lacks the gambling instinct, while anyone who has it must pay to this propensity the appropriate toll. (Lord Keynes) The world is not the way they tell you it is. Charts and measures describe an emotional state. A group of m......more

Goodreads review by Ben

Contrary to other reviews, I think this book is still very relevant. The specifics are out of date. Most of the businesses referenced are not around anymore but those are not the interesting part. The interesting part is the psychology behind the players. The stockbrokers, the investors, the specula......more

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