Liar's Poker: Rising Through the Wreckage on Wall Street
The time was the 1980s. The place was Wall Street. The game was called Liar’s Poker.Michael Lewis was fresh out of Princeton and the London School of Economics when he landed a job at Salomon Brothers, one of Wall Street’s premier investment firms. During the next three years, Lewis rose from callow trainee to bond salesman, raking in millions for the firm and cashing in on a modern-day gold rush. Liar’s Poker is the culmination of those heady, frenzied years—a behind-the-scenes look at a unique and turbulent time in American business. From the frat-boy camaraderie of the forty-first-floor trading room to the killer instinct that made ambitious young men gamble everything on a high-stakes game of bluffing and deception, here is Michael Lewis’s knowing and hilarious insider’s account of an unprecedented era of greed, gluttony, and outrageous fortune.
JACK COVERT SELECTS: Jack Covert Selects - The Zeroes
Posted July 15, 2010, 8:42 PM with category of General BusinessThe Zeroes: My Misadventures in the Decade Wall Street Went Insane by Randall Lanes, Portfolio, 353 Pages, $27. 95, Hardcover, July 2010, ISBN 9781591843290 Every decade seems to have a nickname: The Roaring Twenties and The Swinging Sixties, for example. Randall Lane makes a strong case for the past decade to be christened The Zeroes. Read more
JACK COVERT SELECTS: Jack Covert Selects - The Big Short
Posted April 8, 2010, 8:23 PM with category of General BusinessThe Big Short: Inside the Doomsday Machine by Michael Lewis, W. W. Norton, 320 pages, $27. Read more
NEWS: The Quants
Posted February 26, 2010, 2:12 AM with category of General BusinessI've not yet finished reading Scott Patterson's The Quants: How a New Breed of Math Whizzes Conquered Wall Street and Nearly Destroyed It, but I'd like to go on record now in disagreement with The Economist's review of the book. I do agree that Patterson's prose can get a bit "purple" in places, but I think his focus on the quantitative models developed and used on Wall Street over the last three decades is an important one. And the way he explores the topic—through the stories of the individuals who created those models—keeps the reader engaged in a tale that might otherwise turn too academic for most. Read more
NEWS: Why You Should Read Michael Lewis
Posted March 24, 2009, 2:30 PM with category of Finance & EconomicsThere are a set of writers who we assign superpowers to in The 100 Best. To the Wall Street trader turned juggernaut writer Michael Lewis, we assigned interpretation. And that may not seem like much of a gift, but it is his ability to make apparent, to bring meaning and understanding to those hidden forces. Read more
NEWS: Our Response to BusinessWeek
Posted February 9, 2009, 3:32 AM with category of General BusinessThere are only a few people in the media who know business books as well as Jack and I. Hardy Green, an associate editor at BusinessWeek, is one of those people. We met with Hardy in New York two weeks ago and he quickly commenced with critiquing our selections for The 100 Best. Read more
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