Money and Finance
Remembering ‘Adam Smith’ - by Jason Zweig
Link to: Remembering ‘Adam Smith’
George J.W. Goodman, known as Adam Smith to his readers and Jerry to his friends, died last month, age 83. But his work will outlive him for years, and quite likely decades, to come.
Warren Buffett considers Jerry Goodman the second-best writer ever to explain how the investment business works, after the brilliant Fred Schwed, whose Where Are the Customers’ Yachts? (originally published in 1940) remains the finest – and funniest – book on Wall Street ever written.
“Schwed was the best ever,” Buffett told me in a telephone interview this past week. “But Jerry, especially in ‘The Money Game,’ was incredibly insightful, and he knew how to make the prose sing as well.
“He knew how to put his finger on things that nobody had identified before. Jerry stuck to the facts, but he made them a helluva lot more interesting. He was a great writer.”
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Related books:
The Money Game
Supermoney
Where Are the Customers’ Yachts?
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Best Books For Investors: A Short Shelf - By Jason Zweig
Link to: Best Books for Investors Here’s a list that I would still be comfortable with decades from now. Every book below has stood the test of time and, I’m confident, will remain useful for generations to come. You will quickly note that some...
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Charlie Munger On The Importance Of Reading
From Poor Charlie's Almanack: In my whole life, I have known no wise people (over a broad subject matter area) who didn't read all the time--none, zero. You'd be amazed at how much Warren reads--and at how much I read. My children laugh at...
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Bill Gates's (and Warren Buffett's) Favorite Business Book
The book is Business Adventures: Twelve Classic Tales from the World of Wall Street. Link to article: Bill Gates's Favorite Business Book Not long after I first met Warren Buffett back in 1991, I asked him to recommend his favorite book about...
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Bill Gates Reviews “moonwalking With Einstein”
Sometimes people have suggested that I’ve got a “photographic memory,” particularly when I’m talking about topics that interest me, like science and business. It’s a nice compliment, but it’s not really true. Not even close. For example, my...
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Adam Smith, Behavioral Economist
From the Journal of Economic Perspectives – Summer 2005 In The Wealth of Nations, published in 1776, Adam Smith famously argued that economic behavior was motivated by self-interest. But 17 years earlier in 1759, Smith had proposed a theory of human...
Money and Finance