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.
NEWS & OPINION: The Quants
Posted February 26, 2010, 2:12 AM with category of Management & Workplace CultureI'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 & OPINION: Why You Should Read Michael Lewis
Posted March 24, 2009, 2:30 PM with category of Current Events & Public AffairsThere 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 & OPINION: Our Response to BusinessWeek
Posted February 9, 2009, 3:32 AM with category of Management & Workplace CultureThere 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
NEWS & OPINION: The Best Books OF ALL TIME! - The Independent Edition
Posted December 16, 2008, 3:52 PM with category of Management & Workplace CultureJack and Todd will soon have the definitive list of the best business books of all time published, but, in the meantime, here is what The Independent's Sean O'Grady has to say on the matter. He chooses from both "timeless classics [and] the latest crop of credit crunch chronicles. " It's an interesting list because it's from a newspaper that leans to the left side of the British political spectrum, providing a perspective from the side of the aisle that doesn't speak up on business books as often. Read more
NEWS & OPINION: And the bull collapses.
Posted December 5, 2008, 9:51 PM with category of Management & Workplace CultureBack in Liar's Poker, Michael Lewis wrote of the deceit behind Wall Street's. How firms got away with hiring 24-year-olds fresh out of college as advisers to large corporations and for large sums of money. The time frame: the 1980s. Read more
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