Enterprising Investor Forum

The Money Game, Adam Smith Wednesday, April 16, 2008

This is a great book and like all the true financial classics, still relevant today despite having been written in the late sixties. Readers are warned that the book is all about image and reality and identity and anxiety and money. In a nutshell, the book is: contemporary, interesting, educational and very witty.

As Adam Smith states in the first sentence of the book; “The world is not the way the tell you it is”, and he goes on to try and give readers a behind the scenes view of Wall Street and of ‘The Money Game’ … why the markets are so addictive and how it can be a zero-sum game.

He talks about the characters involved, the psychology, the systems and the obsession with being in the markets… “The irony is that this is a money game and money is the way we keep score. But the real object of the Game is not the money, it is the playing of the Game itself”.

Definitely a strong recommendation from our part.

Enjoy!