Supermoney by Adam Smith audiobook

Supermoney

By John C. Bogle  and Adam Smith
Read by Adam Zink

Gildan Media 9780471786313
8.81 Hours 1
Format : Digital Download (In Stock)
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    ISBN: 9781663703774

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    ISBN: 9798200549078

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    ISBN: 9798200549085

Supermoney focuses on the organizational and institutional impact of money and how it moves through society. "The green stuff in your wallet is not the real money," writes "Smith." There is a superior currency which Smith christens "Supercurrency" -- income that has been sent through the prism of the markets. Between the earners of income and the holders of the Supercurrency is a tremendous gap -- one that leads people instinctively to the market. All investors need to learn the nature of the Supercurrency. Its power has bent the course of American business and even the seemingly precise numbers of accounting. Supermoney recounts the crisis weekends in 1970 when the market mechanism barely survived and the markets melted down. Some of the basic questions that were debated at the time are still considered: can money really be managed? can funds perform? what happens to individuals in a market dominated by professionals? was the idea that things would get better and better a phenomenon of a particular time. All this is told in the light, bright, funny style 'Adam Smith' has been renowned for four decades.

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Summary

Summary

Supermoney focuses on the organizational and institutional impact of money and how it moves through society. "The green stuff in your wallet is not the real money," writes "Smith." There is a superior currency which Smith christens "Supercurrency" -- income that has been sent through the prism of the markets. Between the earners of income and the holders of the Supercurrency is a tremendous gap -- one that leads people instinctively to the market. All investors need to learn the nature of the Supercurrency. Its power has bent the course of American business and even the seemingly precise numbers of accounting. Supermoney recounts the crisis weekends in 1970 when the market mechanism barely survived and the markets melted down. Some of the basic questions that were debated at the time are still considered: can money really be managed? can funds perform? what happens to individuals in a market dominated by professionals? was the idea that things would get better and better a phenomenon of a particular time. All this is told in the light, bright, funny style 'Adam Smith' has been renowned for four decades.

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Author

Author Bio: Adam Smith

Author Bio: Adam Smith

Adam Smith (1723–1790) was born in a small village in Kirkcaldy, Scotland. He entered the University of Glasgow at age fourteen and later attended Balliol College at Oxford. After lecturing for a period, he held several teaching positions at the University of Glasgow. His greatest achievement was writing The Wealth of Nations, a five-book series that sought to reveal the true causes of prosperity and which established him as the father of contemporary economic thought.

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Author Bio: John C. Bogle

Author Bio: John C. Bogle

John C. Bogle is founder of the Vanguard Mutual Fund Group and president of its Bogle Financial Markets Research Center. He created Vanguard in 1974 and served as chairman and chief executive officer until 1996. In 1999, Fortune magazine named Mr. Bogle as one of the four “investment giants” of the twentieth century; in 2004, Time named him one of the world’s 100 most powerful and influential people. Bogle is also the author of Enough and The Little Book of Common Sense Investing.

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Details

Details

Available Formats : Digital Download, CD, MP3 CD
Category: Nonfiction/Business & Economics
Runtime: 8.81
Audience: Adult
Language: English