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.
Originally published in 1989, Liar’s Poker is a nonfiction book that details author Michael Lewis’s experiences as a Wall Street bonds salesman in the late 1980s. Liar’s Poker is a betting game played with single dollar bills. In the book, bond traders at Salomon Brothers, an investment bank, play a much bigger betting game involving hundreds of millions of dollars, but the skills they.
Michael Lewis wrote a book called “ Liar’s Poker ” twenty years ago. It was at the time an eye opener for me and I enjoyed it tremendously.Liar's Poker has a tendency to meander, leaving me with a grab-bag impression. There's a bit of history, a lot of biography, a catalog of extremely unappealing people and a viciously sophmoric culture, a few fascinating characters, and a bizarre fantasyland of more money than one can hope to understand. It's not a book with solutions; it is a book that will give one a deep dislike and mistrust.Liar’s poker combines the ability to bluff with the insight to recognize bluffing in your opponents. You can play the game for money, or substitute “points” for money if you prefer not to gamble. Liar’s poker can also be used as a tool for teaching probability concepts, such as “what are the odds that there are 4 aces among these two sets of numbers.”.
About Liar’s Poker. It was wonderful to be young and working on Wall Street in the 1980s: never had so many twenty-four-year-olds made so much money in so little time. In this shrewd and wickedly funny audiobook, Michael Lewis describes an astonishing era and his own rake’s progress through a powerful investment bank. From an unlikely beginning (art history at Princeton?) he rose in two.
The book's name is taken from Liar's poker, a gambling game popular with the bond traders in the book and played for high stakes. Liar's Poker follows two different story threads, though not necessarily in chronological order. The first thread is autobiographical, and follows Lewis through his college education and his hiring by Salomon Brothers in 1984. This part of the book gives a first.
Liar's Poker Rising Through the Wreckage on Wall Street (Book): Lewis, Michael: In this shrewd and wickedly funny book, Michael Lewis describes an astonishing era and his own rake's progress through a powerful investment bank. From an unlikely beginning (art history at Princeton?) he rose in two short years from Salomon Brothers trainee to Geek (the lowest form of life on the trading floor.
Liar's Poker is a non-fiction, semi-autobiographical book by Michael Lewis describing the author's experiences as a bond salesman on Wall Street during the late 1980s. First published in 1989, it is considered one of the books that defined Wall Street during the 1980s, along with Bryan Burrough and John Helyar's Barbarians at the Gate: The Fall of RJR Nabisco, and the fictional The Bonfire of.
Liar's Poker Rising Through the Wreckage on Wall Street (eBook): Lewis, Michael: 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.
We've compiled 18 moments from Liar's Poker that capture exactly why the book became an instant classic. The scene where the bank's CEO John Gutfreund challenges John Meriwether to a hand of Liar.
Liar’s Poker chronicles the rise and fall of Salomon Brothers: its infamous swagger, its aggressive expansion and subsequent decline. The book is written from an insider’s viewpoint by Michael Lewis, now one of the world’s best-known financial journalists, but a bond salesman for Salomon Brothers during its most colorful period. It is a tale of a business and a culture that few of us.
Liar's Poker contains in part an autobiographical account of Michael Lewis's own experience just before and during his time in Salomon Brothers. The book also followed the rise and fall of Salomon Brothers, mainly focusing on the mortgage bond department whose fortune closely traced the speculative bubble in various mortgage backed securities in the 80s. (The current subprime crisis indeed.
Liar's Poker By Michael Lewis I Preface I WAS A BOND salesman, on Wall Street and in London. Working beside traders at Salomon Brothers put me, I believe, at the epicenter of one of those events that help to define an age. Traders are masters of the quick killing, and a lot of the killings in the past ten years or so have been quick. And Salomon Brothers was indisputably the king of traders.
More Michael Lewis Quotes. Why isn't someone smarter than us doing this? Michael Lewis — Chapter Five, Accidental Capitalists, p. 108. Tags: someone, smarter, us, doing. Share. I'd stumbled into a job at Salomon Brothers in 1985, and stumbled out, richer, in 1988, and even though I wrote a book about the experience, the whole thing still strikes me me as totally preposterous-which is one.
Liar's Poker Rising Through the Wreckage on Wall Street (Book): Lewis, Michael: Before there was Flash Boys and The Big Short, there was Liar's Poker. A knowing and unnervingly talented debut, this insider's account of 1980s Wall Street excess transformed Michael Lewis from a disillusioned bond salesman to the best-selling literary icon he is today. Together, the three books cover thirty.