Category: 3 – SHELF it (All Categories are 1 – Read ASAP!, 2 – BUY it!, 3 – SHELF it, 4 – SOMEDAY it)
Comments: Liar’s poker was a quick breezy listen about Michael Lewis’ 2 years at Salomon Brothers in the 1980s. He tells it as it is and walks away after 2 years at the end of which he’d made about 400,000 dollars just out of school.
The experience clearly had an impact on Lewis as he’s gone onto write about one Wall Street head fake after another calling for tougher action and more regulation on the industry. Interestingly, while he wrote this book intending to keep people away from investment banking, he revealed later that he received one thank you note too many from trader hopefuls who said his book really inspired him.
Not a book you get tons of specific insights from but definitely one that gives you insight into what still is a very sought after industry for its ability to make people rich.
Marler's Observatory 