Books: The Uh-Uh Market



301 pages. Random House. $7.95.

In The Money Game, George J.W Goodman, alias Adam Smith, told all about the stock market surge of the mid-'60s: spiraling "gogo" mutual funds and other forms of seemingly instant wealth. Now that the party has, to put it mildly, ended, Smith takes an equally knowledgeable and witty look at the market's four-year hangover. Former go-go artists will enjoy Supermoney (already a bestseller) about as much as Napoleon would have liked War and Peace.

"Supermoney" is ordinary, old-fashioned wealth that has been transformed—and sometimes wildly...

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