Adam Smith
7 posts
Book Review: Supermoney: How Institutions, Incentives, and Illusions Took Over the MarketAdam Smith’s Supermoney is not a traditional investing manual. Instead, it is a sharp, narrative-driven diagnosis of how modern financial markets evolved from individual ownersh…- What The Money Game Teaches Us About Investor BehaviorIn The Money Game, George Goodman (writing under the pseudonym “Adam Smith”) strips away the illusions of Wall Street with wit and psychological insight. The book isn’t a tradit…
- Adam Smith: The Stock Market as a GameIt’s become abundantly clear to me that there’s a high degree of gambling in today’s stock market. From the frenzied trading of meme stocks to the speculative bets on tech IPOs,…
Adam Smith: Beyond Profits: Understanding the Emotional Drivers of Investor BehaviorIn his book The Money Game, Adam Smith explains how investors, regardless of size, are primarily motivated by the desire to be engaged and informed about their investments. They…- Adam Smith: Constant Growth Cannot Continue Ad InfinitumIn Adam Smith’s book – The Money Game, he discusses why constant growth cannot continue ad infinitum. Here’s an excerpt from the book: There is one footnote to this business of …
- Adam Smith: Beware The Black Horsemen During Bull MarketsIn his book Supermoney, Adam Smith provides a great illustration of investing psychology during bull markets. Here’s an excerpt from the book: A mass-circulation magazine asked …
- Adam Smith: Somebody ‘Must’ Know Something We Don’tIn Adam Smith’s book The Money Game, there’s a great piece in which he discusses the ‘logic’ of the market. Here’s an excerpt from the book: Logic, to an outsider, would say tha…