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    Summary of Adam Smith's The money game
    Summary of Adam Smith's The money game
    Summary of Adam Smith's The money game
    Ebook34 pages18 minutes

    Summary of Adam Smith's The money game

    By IRB Media

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    About this ebook

    Please note: This is a companion version & not the original book.

    Book Preview: #1 Wall Street is famous for its gossipy culture, and its writers are never hailed as heroes for their work.

    #2 The author was working on a Sunday column about Wall Street that would be published in New York magazine. He was afraid his identity would get out, so he decided to use a pseudonym.

    #3 Keynes, a Cambridge economist, had a great sense of life and living, which is evident in his writings.

    #4 The author once read a book by two economists who studied how to model and analyze games, and he was shocked to discover that the stock market fit the definition of a game.

    LanguageEnglish
    PublisherIRB Media
    Release dateFeb 12, 2022
    ISBN9781669348047
    Summary of Adam Smith's The money game
    Author

    IRB Media

    With IRB books, you can get the key takeaways and analysis of a book in 15 minutes. We read every chapter, identify the key takeaways and analyze them for your convenience.

    Read more from Irb Media

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      Book preview

      Summary of Adam Smith's The money game - IRB Media

      Insights on Adam Smith's The Money Game

      Contents

      Insights from Chapter 1

      Insights from Chapter 2

      Insights from Chapter 3

      Insights from Chapter 4

      Insights from Chapter 5

      Insights from Chapter 1

      #1

      Wall Street is famous for its gossipy culture, and its writers are never hailed as heroes for their work.

      #2

      The author was working on a Sunday column about Wall Street that would be published in New York magazine. He was afraid his identity would get out, so he decided to use a pseudonym.

      #3

      Keynes, a Cambridge economist, had a great sense of life and living, which is evident in his writings.

      #4

      The author once read a book by two economists who studied how to model and analyze games, and he was shocked to discover that the stock market fit the definition of a game.

      #5

      Public relations efforts by the New York Stock Exchange and the securities industry often get in the way of seeing things clearly, and sometimes these efforts even manage to convey the wrong idea about the stock market.

      #6

      The financial markets are a game where the objective is to make money. If you are a player, the markets will always be more enjoyable if you are winning.

      #7

      The field of security analysis is extremely competitive. After a long period of inaccessibility, Wall Street has become more respectable, and with it the number of security analysts has risen dramatically.

      #8

      Liquidity is the key to Wall Street. It is

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