《金钱游戏》内容简介

　　本书揭示了没有哪一种方法能在市场永久有效，本书的股市理论和思路历经时间考验，书中描述的金融现象仍旧在不断重演，对中国投资者有极好的借鉴意义

　　洞见金融市场本质，常读常新的真知

　　看穿投资世界怪象，永不过时的智慧

　　◎市场总是在波动，如何揭开市场全貌？在这个低门槛、高竞争的博弈游戏中成功抢到座位的诀窍是什么？

　　◎为什么史密斯断言90%的投资者根本不关心是否赚到钱，参与金钱游戏的目的实则是游戏而不是金钱？

　　◎算力提升和量化兴起，将会对技术分析派、随机漫步派和价值投资派等流派产生哪些方面的影响？

　　1967年《金钱游戏》首版问世之初，便受到格雷厄姆和巴菲特师徒的肯定和推荐。亚当·史密斯不仅客观讲述了华尔街诸多故事，呈现投资世界的真实怪象，而且带领我们一步一步深入神秘且变幻莫测的市场丛林，透视金融市场及其参与者的属性和特征。他

　　◎探访众多投资大师、基金经理、心理学家和经济学家，诙谐而睿智地刻画了大众投身股市的非理性行为；

　　◎对技术分析、随机漫步这两种方法进行深度对比，敏锐地预判计算机技术的崛起将对市场带来的冲击力；

　　◎更是毫不留情地将基金经理拉下神坛，直言不讳基金经理不比普通人聪明，他们只是掌握更多信息；

　　……

　　本书揭示了没有哪一种方法能在市场永久有效，书中充满深刻的见解和高超的智慧，已经超越了时空的束缚，历久弥新。

　　1967年，本书首版上市，至今仍风靡全球，本书的股市理论和思路历经时间考验，书中描述的金融现象仍旧在不断重演，对中国投资者有极好的借鉴意义

　　诺贝尔首位经济学奖获得者盛赞本书是一部现代经典，书中关于市场参与者的刻画鲜活生动，对上市公司的财报也做了精彩解读，撕下机构投资者的神秘面纱

　　对不同的投资门派深刻分析：技术分析派与随机漫步派的对比；成长股策略存在的不足之处；算力提升，量化崛起的苗头和趋势

　　作者简介：

　　亚当·史密斯

　　(AdamSmith)

　　◎全球极负盛名的投资教育家和实践者

　　◎普林斯顿大学经济学系顾问委员会委员

　　◎《纽约时报》编辑委员会委员

　　起初，史密斯只是在华尔街拥有一群狂热的追随者，20世纪60年代的华尔街精英都与其有一定交集；后来，他关于金融市场的观点被越来越多的人认可，举世闻名。

　　史密斯录制的电视系列节目《亚当·史密斯的金钱世界》不仅开创了行业先河，艾美奖拿到手软，甚至还把节目现场搬到奥马哈，成为巴菲特的电视节目处女秀。

　　史密斯曾经就读于哈佛大学和牛津大学，还担任过数家基金公司、一家航空公司和一家国际连锁酒店的董事，同时也是《机构投资者》和《纽约杂志》的创办人之一。

　　2014年他与世长辞，享年84岁。

　　

"Money Game" content introduction

This book reveals that no method can be permanently effective in the market, the stock market theory and thinking in this book has stood the test of time, and the financial phenomenon described in the book is still repeated, which is an excellent reference for Chinese investors

Gain insight into the nature of financial markets and read new truths often

See through the oddities of the investing world, timeless wisdom

◎ The market is always fluctuating, how to uncover the whole picture of the market? What is the secret to successfully snagging a seat in this low-barrier, high-competition game?

Why does Smith assert that 90% of investors don't care about making money, and that the purpose of participating in money games is the game, not the money?

What impact will the rise of computing power and quantification have on schools such as technical analysis, random walk and value investing?

When the first edition of the Money Game was published in 1967, it was affirmed and recommended by Graham and Buffett. Adam Smith not only objectively tells the many stories of Wall Street and presents the real weirdness of the investment world, but also takes us step by step into the mysterious and unpredictable jungle of the market, to see the attributes and characteristics of financial markets and their participants. he

• Interviews with investment gurus, fund managers, psychologists and economists, witty and intelligent portrayal of the irrational behavior of the masses in the stock market;

◎ In-depth comparison of technical analysis and random walk to predict the impact that the rise of computer technology will bring to the market;

It is also mercilessly taking fund managers down to the pedestal, stating that fund managers are not smarter than ordinary people, they just have more information;

...

This book reveals that no one approach works forever in the marketplace, and it is full of insights and superior wisdom that transcend the constraints of time and space.

The first edition of this book was published in 1967, and it is still popular around the world today. The stock market theories and ideas in this book have stood the test of time, and the financial phenomena described in this book are still repeated, which is of excellent reference significance for Chinese investors

The first Nobel laureate in economics hailed the book as a modern classic with a vivid portrait of market participants, a brilliant interpretation of listed company earnings and a demystification of institutional investors

Deep analysis of different investment schools: comparison between technical analysis school and random walk school; The shortcomings of the growth stock strategy; Improve the computing power, quantify the rising signs and trends

About the author:

Adam Smith

(AdamSmith)

◎ World-renowned investment educator and practitioner

Member of the Advisory Board of the Department of Economics, Princeton University

Member of the Editorial Board of The New York Times

At first, Smith had a cult following on Wall Street, with whom the Wall Street elite of the 1960s had some connection; Later, his views on financial markets were recognized by more and more people and became famous all over the world.

Smith's television series, Adam Smith's World of Money, not only created an industry first, won an Emmy Award, and even moved the show live to Omaha, becoming Buffett's first television show.

Educated at Harvard and Oxford, Smith has also served on the boards of several fund houses, an airline and an international hotel chain, and co-founded Institutional Investor and New York Magazine.

He died in 2014 at the age of 84.