25 investment classics at a time (1) -- Moneyball games

Source: Internet
Author: User
Author: Adam Smith.
I didn't understand the subject of this book. It has a lot of discussions on human psychology. The author believes that if you do not know yourself, "you may have to pay an expensive price if you want to know yourself in the stock market ."
He stressed that if you are a layman in the stock market, you cannot make big money in the stock market.

"I think the stock market is an entertaining and money game. It is like sports and playfulness. It has fun and requires long-term evaluation. If the stock market is a game, it may slow down the heavy investment or fear of losses of ordinary retail investors, because as long as the game rules are clear, other things will become irrelevant ."

This is Smith's basic idea: Enjoy the game, otherwise you won't play it. Smith speculated that one day, the world may become better and making money is no longer so important. But before that day, if you want to play the money game, you will get up and join the game. Otherwise, please spend the time on other things that will also be paid. It depends on you.

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