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Liar's Poker by Michael Lewis
Liar's Poker by Michael Lewis




Liar

We must first understand the “unwritten rules” of working in Wall Street.

Liar

It will be fun.” But it was not easy to join Wall Street and become a “superior” investment banker. Even elementary school students often wrote in their essays: “I want to be an investment banker. In the 1980s, investment banking was an enviable profession. Okay, let’s now move to the first part: the unwritten rules of working in Wall Street. Part three: Wall Street was a playground full of lies. Part two: Wall Street was a dramatic stage Part one: The “unwritten rules” of working in Wall Street Next, we will share with you the essence of this book in the following three parts: Through the author’s description, we can see that the rule governing Wall Street is the “survival of the fittest” law of the jungle. He depicts a real, three-dimensional, flesh and blood Wall Street. In this book, the author gives us a complete, detailed and almost unreserved description of what he has seen and heard, including Wall Street's way of treating people, office politics, and the working and living conditions of everyone on the trading floor. The author recorded all the inside stories he saw on Wall Street, and some situations from the book are still happening today. When the author entered this company, it was precisely at the turning point of declining. Its chairman was also called the “King of Wall Street” by Business Week. The author of this book, Michael Lewis, once worked at Salomon Brothers, the largest bond broker in the United States at the time. That’s what Wall Street was like in the 1980s. Although the Wall Street elites in the book were not villains, they were definitely not noble. A place filled with fraud and lies, where traders swear all the time and bankers are hypocritical and greedy. However, Liar’s Poker shows us another side of Wall Street. Well-dressed, full of financial jargon, and able to conduct billions of dollars’ worth of transactions are the key traits of those on Wall Street. They smile confidently, go to the gym regularly, and like to run marathons. They are well-groomed, well-dressed, and well-behaved. All kinds of complex calculations are simple to them. They can not only communicate endlessly with customers in different languages but also are incredibly familiar with market fluctuations and quotations. Graduating from the Ivy League is also a must. People who work there have excellent academic qualifications and glamorous resumes.

Liar

We usually think that Wall Street is where financial elites gather. Today, we will unlock the book, Liar’s Poker.






Liar's Poker by Michael Lewis