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5.0 out of 5 stars Excellent, 10 Jun 2014
This review is from: Monopoly, Money, and You: How to Profit from the Game's Secrets of Success (Paperback)
I've earlier read Axelrod's "Everything I know about business I learned from playing Monopoly", which illustrated how Monopoly could be used as a model for understanding business. However, Monopoly game is an even better model for understanding personal finance, as Orbanes illustrates here. Although there is a total of 36 "secrets" to be learned from the Monopoly game, the basic ideas are illustrated on the book cover. Firstly, Monopoly teaches us about cash management. In Monopoly and in real life, it is necessary to keep a cash flow balance in terms of investing as much as possible but not so much that we cannot handle a rainy day. Secondly, Monopoly teaches us about diversification. It is not sufficient to collect only one colour series. Railways are important cash-cows needed for financing the investments, and it is also useful to have invested in streets that prevent others from building. Finally, Monopoly teaches us about negotiations. Orbanes uses game theory to illustrate this. Excellent. This is a wonderful book.
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5.0 out of 5 stars great book for those interested in Monopoly or money, 5 Jan 2014
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I loved this book. It is well written and full of great tips. Improve your Monopoly chances with this. I have given my nephew a copy of the top tips. There are good financial tips as well.
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5.0 out of 5 stars The Common Sense Guide to LIfe????????????????????????????????????????????????????????????????????????, 10 Nov 2013
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This review is from: Monopoly, Money, and You: How to Profit from the Game's Secrets of Success (Paperback)
Although I have only skimmed read this book It is by far a Winner of a Read. For those that maybe Don't have a background in Game Theory or Adult Maths, Economics or common sense (HaHaHa). this could make you a rich man or women??????????????????????????????????????????????????????????????????????????????????
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