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If you a dying to work in the industry or imagine the stock market to be a big mystery this book might be more engaging.Personaly I found it a little boring and hard to get through. I am not impressed by the stories at all, and found it like listening to a sales person in a bar.
I was impressed about how fast this item was shipped to and actually received in Peru.
Excellent read, pertinent today, and unfortunately likely tomorrow. Perhaps this should be required reading for all in politics who can affect monetary, banking, and investing policy. In today's economic climate this book remains a pertinent cautionary tale. We don't seem to learn much from our political approaches and faliures in monetary matters, perhaps because of greed and narrowness of view, and this book brings these historical matters to mind in relation to current problems. The author manages to keep the readers interest, and despite the known and obvious conclusions to the tale, he makes it almost like a mystery raging to a bad end.
bought this book for 1 cent (plus $3.99 shipping, of course) and it remains one of my all-time favorite books. A must read for anyone who has any interest in business/finance or anyone who wants a closer look at what life was really like as a bond salesman in the 1980s. Lewis has a knack for fully developing the characters that made Salomon Brothers and it is both enlightening and entertaining to revisit his life in the frenzied 1980s on Wall Street. Fresh out of the London School of Economics, he relies on -- at least partly, anyways -- some chance connections to land a job back on Wall Street. In the 1980's, bonds were in their heyday, and consequently, investment houses dedicated a big part of their operations to the almighty bond. Michael Lewis' Liar's Poker is a revealing account of his days as a bond salesman at Salomon Brothers, a bulge-bracket investment house. Enter Michael Lewis. As hilarious as Liar's Poker is, it also, in some respects, is a bit of a sobering read, knowing now how much Wall Street has disintegrated since Lewis' time at Salomon Brothers.
The author's writing style makes the book very readable and is quite comical at times. A good intro into what the training class at Salomon was like back in the day and tales of various practical jokes/pranks that were apparently commonplace.A good weekend read if you are in the mood. A decent read about the happenings inside Salomon Brothers during the 1980s. It covers the birth of Mortgage backed securities and the junk bond market.
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