About this title: In fiction there was Bonfire of the Vanities; in reality, there is Liar's Poker--the fascinating insider's account of what really happens on Wall Street. This irreverent and hilarious birds-eye view of Wall Street's heyday will appeal to anyone intrigued by the allure of million dollar deals. Now in trade paper.
Note: This is a general synopsis. Each listing is described below.
Binding: Hardcover
Publisher: W.W. Norton & Co
Date Published: 1989
ISBN-13:9780393027501ISBN:0393027503
Description: A wonderful copy with some minor edgewear to the cover. Dust Jacket has some edgewear present. -, Hard Cover, Very Good / Very Good. read more
Description: Good. } Shows some signs of wear, and may have some markings on the inside. Shipped to over one million happy customers. Your purchase benefits world literacy! read more
Description: Good. Book is in good reading condition. Cover has wear at edges and corners. Spine has wear at edges. Dust jacket has some wear. read more
Description: Good. 1989-Hardcover---may contain minor shelf-wear-Used-Good-Hall Street Books proudly ships from Brooklyn, NY. All orders are processed and shipped within 24 hours, M-F. 100% money back No-Worry guarantee with expedited delivery and delivery confirmation available. read more
Binding: Hardcover
Publisher: W.W. Norton & Co
Date Published: 1989-10-17
ISBN-13:9780393027501ISBN:0393027503
Description: Very Good. Binding is tight and square. DJ is VG. Text is clean, bright and unmarked. No wear. We recommend EXPEDITED MAIL for even faster delivery! read more
Binding: Trade paperback
Publisher: Penguin Books
Date Published: 1990
ISBN-13:9780140143454ISBN:0140143459
Description: Very good. No dust jacket as issued. Trade paperback (US). Glued binding. 249 p. Audience: General/trade. "Get the inside track on the freewheeling antics that fueled John Gutfreund's downfall at Solomon Brothers" read more
Edition: Reprint
Binding: Hardcover
Publisher: W. W. Norton, New York, New York
Date Published: 1989
ISBN-13:9780393027501ISBN:0393027503
Description: Good in Good jacket. 8vo-over 7¾"-9¾" tall. A little bit of wax at upper spine edge. Dog-ears to tail-corners of leaves. Creases and light edgewear to d.j. read more
Binding: Paperback
Publisher: Penguin (Non-Classics)
Date Published: 1990
ISBN-13:9780140143454ISBN:0140143459
Description: Very Good. Slight cover wear with minor scuffing to edges. Minor marking on page bottom edges. GoodwillnyBooks is committed to providing each customer with the highest standard of customer service. You may return new items within 30 days of delivery for a full refund. read more
Binding: Paperback
Publisher: Penguin (Non-Classics)
Date Published: 1990-10-01
ISBN-13:9780140143454ISBN:0140143459
Description: Like New. This book is just like new-clean, tight and unmarked. Cover shows minor signs of wear. A lightly read copy in great condition. Delivery confirmation on all domestic orders. Fast Shipping. read more
"So I just finished this book this morning. The fianc told me I had to read this "so I would understand what he does all day" This is what I learned:
1) If you want to work for Soly in the 80's the F bomb must be every other word that comes out of your mouth
2) You don't actualy have to understand finance or anything finance related. If the guy you are sitting next to does, you can just literally copy every move he makes. If he is smart - people will think you are too! If he sucks, you can blame it on him.
3) The worst insult you can give somemone is "go trade equities in Dallas"
4) If you ever leave, your co-workers will throw trash in huge heaps on your desk until you come back
Overall, I would say I learned a little, and although I usally love Michael Lewis' books (The Blind Side being one of my all time faves) I thought this was just okay.
I think if fianance was something I was interested in - besides like do I have enough money in the bank for that new Tracey Reese dress - I would have given this a much higher rating!"
"Isn't capitalism fun? Lewis wrote this book 20 years ago, and in light of the economic situation, it does seem dated. Part of the book is Lewis' training to trader for Salomon Brothers, the other part is an expose of Salomon Brothers. I didn't understand all the workings of Wall Street Lewis describes, in some ways if seemed like a lot of smoke and mirrors. It seems it takes nerves of steel to make a lot of money in these firms, and the amount of money to be made is incredible.
Anyway, after training, Lewis' first client invested three million dollars for his firm, and Lewis lost him $140,000. While this may be chump change compared to Bernie Madoff, I would have lost a few weeks of sleep over it if I had been Lewis. I probably lost sleep if I had lost him $1,400. On top of that, his client lost his job with his firm.
While I enjoyed Lewis' writing I didn't like Lewis very much."
"This is what I wanted House of Morgan to be -except 80 years later. This had Lewis' writing - though early Lewis, and was an inside account of investment banking in the 80's. Interesting enough.
Well, schools do a poor job of educating kid's on anything after the civil war, so here's things I didn't realize: until the 80's, the Federal Reserve didn't change interest rates, just the amount of money available; an investing-in-mortgages-disaster similar to that of October 2008, happened in the 80's - when it was invented at the place Lewis was working; 'mergers and acquisition' departments, and 'corporate raiders,' were things that only came around in the 80's.
I never realized so much of our wall-street history was so recent."
"Really, really wished I had read this book about a year and a half ago when I was about to start my job-search in college. The first few chapters describe what I went through perfectly, I was nodding along the whole way. That didn't last too long though as I definitely got lost in all the jargon/technical speak/employee names later on in the book and ended up rushing to finish it. Good read though, and I learned a lot:
I do not want to work in finance and never should have wanted to work in finance. I'm extremely lucky/happy to be where I am right now.
Even in business, a lot of times the big breaks are pure luck and those in charge have no idea what they did right.
Innovation on one's part will inevitably be caught up to, it's your job to protect yourself and manage the process and speed at which this happens.
Good quote from the book: "Wall Street," reads the old gag, "is a street with a river on one end and a graveyard on the other." This is striking but incomplete. It omits the kindergarten in the middle. -Fredrick Schwed, Jr., Where Are the Customers' Yachts?"
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