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Liar's Poker (Hodder Great Reads)
 
 
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Liar's Poker (Hodder Great Reads) [Kindle Edition]

Michael Lewis (Author)
4.1 out of 5 stars  See all reviews (46 customer reviews) |
Print List Price: £8.99
Kindle Price: £4.99 includes VAT* & free wireless delivery via Amazon Whispernet
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Product Description

Review

Lewis has a gift for the rapid portrait. Unless you find his flippant one-liners irritating, it is a pleasure to be guided around the jungle of bond markets by his reminiscences and trenchant asides. . . . Apart from the belly-laughs, one of the triumphs of" Liar's Poker" is that it makes the financial complexities of investment banking and the markets accessible to the layman. . . . Everything from yields to selling short is painlessly clarified in the course of the narrative. --Victor Mallet

Review

'An amazing book, readable, funny and mind-boggling ... one of the great business books of all time' -- Punch 'Read all about it: headlong greed, inarticulate obscenity, Animal House horseplay ...' -- The Sunday Times 'Immense verve and wit' -- 20/20 Magazine 'A highly immoral book' -- Daily Mail 'Wickedly funny' -- Daily Express 'As traders would say, this book is a buy' -- Financial Times
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Michael Lewis
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Customer Reviews

Most Helpful Customer Reviews
22 of 24 people found the following review helpful
Format:Paperback
Liar's Poker offers you a journey into the world of a sophisticated money-making machine: a global investment bank.

As an ex- Bankers Trust employee, I can claim I have met many people similar to the characters in the book, and I can say the characters, events, their habits appear very well pictured. Even though it is technical at times, this book is light years away from many boring books like "see how smart I was making my fortune".

This book explains a lot about how money was made and lost during these times. It gives examples of strategies and market context. More importantly it also shows you of people's greed, fear and the consequences of that. It illustrates relations within junior and senior staff in a bank like this in a very honest way.

The most exciting thing about it is that the author keeps a distance to events, millions of profit, important people and institutions mentioned in the book. Few of people working inside such an institution can say that.
I have recommended Liar's Poker to some people, and it seems it has changed the way they see their jobs and careers. Finally, this book makes you think - that is what good books are about.
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11 of 12 people found the following review helpful
By P. Bade
Format:Paperback
Lewis' 'Liar's Poker' was an instant classic upon publication. Yet it had an adverse effect: instead of being read as the critical account it was intended to be, an entire genereation of investment banker's used this book as a 'how to' guide and a prime resource of information on how to survive on Wall Street or in the City of London.

At present it attains a new relevance: the book can be read as am account of the culture that lead to the problems in the financial system.
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2 of 2 people found the following review helpful
More fun than serious 23 Aug 1998
By A Customer
Format:Hardcover
Anybody looking for a sober review of the financial markets in the 1980's and/or Salomon Brothers' role in it will be disappointed. However, as a review of one man's experience on Wall Street, it is suoerb. Michael Lewis is a wonderful storyteller, and he writes this book so that you don't need a deep knowledge of finance to enjoy it.
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Most Recent Customer Reviews
Not as good as "the big short"
I enjoyed this book about salomon brothers and wall street. However I enjoyed much more his more recent book "the big short" about the subprime mortgage collapse. Read more
Published 18 days ago by M. SMITH
Still relevant
At times it is hard to remember that this book was written in the late 1980's. For all that, it still has relevance today inasmuch as the impact of some of the attitudes and... Read more
Published 18 days ago by Marand
Disappointing and plodding
I got halfway through before I decided to give up. At the point when the practical jokes (goofs) were described I wondered what I was going to get out of the book. Read more
Published 1 month ago by Ransen Owen
Captivating and eye-opener
Once you start reading, you will find it difficult to put it down. Reality turns out to be much more captivating and thrilling than any fiction you can ever read. Read more
Published 3 months ago by M.W.
A good read with useful insights
The book contains short stories of the author's experience at Saloman Brothers. I was born in the 80s and had once wanted to work in an investment bank. Read more
Published 4 months ago by Jessica
Financial meltdown made funny
The genius of this book is the way a potentially boring subject (finance, economics) is conveyed in a humorous and captivating way. Read more
Published 4 months ago by James Smith
Making money shout abuse
It is useful before you begin this book to read the glossary of terms, banks and jargon at the end of the book. It is indexed in the table of contents. Read more
Published 5 months ago by RCP
Intensely Prophetic, from a 2011 perspective!
Just finished it: My second Michael Lewis read (my first being The Big Short) and another highly enjoyable, amusing and insightful take on how Wall Street and, in particular, the... Read more
Published 6 months ago by PCB
pretty dull
I'm surprised to see this so well reviewed. I found it pretty dull. I'm sure there must be better books out there on this topic.
Published 7 months ago by S POLLARD
Thoroughly enjoyed it!
I really enjoyed this book which provides a first hand insight into the world of money markets during the 80's. Read more
Published 7 months ago by JD's Old No.7
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Those who say dont know, and those who know dont say. &quote;
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The astute investor Warren Buffett is fond of saying that any player unaware of the fool in the market probably is the fool in the market. &quote;
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