Ebook Free Liars Poker ", by Mchael Lews
Are you really a fan of this Liars Poker ", By Mchael Lews If that's so, why don't you take this book currently? Be the first person that such as and also lead this publication Liars Poker ", By Mchael Lews, so you can get the reason as well as messages from this book. Never mind to be perplexed where to obtain it. As the various other, we share the link to go to and download the soft data ebook Liars Poker ", By Mchael Lews So, you could not carry the printed publication Liars Poker ", By Mchael Lews everywhere.
Liars Poker ", by Mchael Lews
Ebook Free Liars Poker ", by Mchael Lews
Just for you today! Discover your preferred book here by downloading and install and obtaining the soft file of the e-book Liars Poker ", By Mchael Lews This is not your time to commonly visit the publication stores to get an e-book. Below, selections of publication Liars Poker ", By Mchael Lews and collections are available to download and install. One of them is this Liars Poker ", By Mchael Lews as your favored publication. Obtaining this publication Liars Poker ", By Mchael Lews by on the internet in this website can be realized now by checking out the link web page to download and install. It will certainly be simple. Why should be right here?
For everyone, if you intend to begin joining with others to read a book, this Liars Poker ", By Mchael Lews is much suggested. And also you have to obtain the book Liars Poker ", By Mchael Lews right here, in the link download that we provide. Why should be right here? If you really want other kind of books, you will constantly locate them and also Liars Poker ", By Mchael Lews Economics, politics, social, sciences, faiths, Fictions, as well as more books are supplied. These offered publications are in the soft files.
Why should soft data? As this Liars Poker ", By Mchael Lews, many people likewise will have to acquire the book quicker. Yet, in some cases it's up until now means to get the book Liars Poker ", By Mchael Lews, also in other nation or city. So, to alleviate you in discovering guides Liars Poker ", By Mchael Lews that will certainly assist you, we help you by providing the listings. It's not only the list. We will provide the suggested book Liars Poker ", By Mchael Lews link that can be downloaded and install straight. So, it will certainly not need more times and even days to pose it and also various other publications.
Accumulate the book Liars Poker ", By Mchael Lews begin with now. However the extra way is by gathering the soft file of guide Liars Poker ", By Mchael Lews Taking the soft data can be saved or stored in computer or in your laptop computer. So, it can be more than a book Liars Poker ", By Mchael Lews that you have. The most convenient method to expose is that you could additionally conserve the soft file of Liars Poker ", By Mchael Lews in your ideal as well as available device. This condition will certainly expect you too often check out Liars Poker ", By Mchael Lews in the extra times more than talking or gossiping. It will not make you have bad habit, however it will lead you to have much better routine to check out book Liars Poker ", By Mchael Lews.
Liars Poker by Michael Lewis. W.W. Norton & Co.,1989 (
- Sales Rank: #827837 in Books
- Published on: 1989
- Number of items: 1
- Binding: Hardcover
- 249 pages
Most helpful customer reviews
2 of 2 people found the following review helpful.
Well-paced if antiquated
By Will
Like many of Michael Lewis' latter-day works, Liar's Poker is engaging, dissecting the birth of mortgage bonds and the dissolution of one of the 80s Wall Street's top earners. It's easy to catch the strokes of his later works in the descriptions of people and his wonkish simplification of the complexities of the financial markets.
Notwithstanding the novel's expert skewering of the Salomon Brothers' culture and the well-traced rise of what would one day become mortgage-backed securities, the greatest pleasure of the novel is the fall of the many Wall Street giants Lewis lauds that are now upon the dust heap of history. He calls out Lehman Brothers early on, giving us the chance to savor the irony that Salomon collapsed well before Lehman. The men that Lewis saw working as a junior employee at Salomon sowed the seeds of 2008 financial collapse, and with that firmly in our hindsight, Liar's Poker is a fantastic portrait of the very genesis of the rot that brought us low almost a decade ago.
3 of 3 people found the following review helpful.
My takeaways
By James Simon
Michael Lewis is very funny to go along with his insight into how the financial world works. Here are some major takeaways for me:
[1] Solomon Brothers showed excessive greed and always placed the firms interests above those of their customers and rich customers treat the bond [and stock] market like a casino. Middle class people who need a decent return to retire muddle along but the market rises and falls precipitously on the gambling mentality of the rich.
[2] Previous to 1980 bond markets were unregulated so when junk bonds were invented [and bond prices became volatile like stocks] it was not illegal to trade bonds on insider information. Traders will always be more nimble than government regulations and the system will always favor the dishonest few.
[3] At the end in his conclusions, he says that the principals at Solomon will remain "fat and happy". To me that is an oxymoron. They operate on the principal that money is everything. If it were true the US would be the happiest country in the world because it has the highest GNP. Fat people are unhealthy and being healthy and taking care of oneself is at least as important as being rich.
Also if a person is rich enough to buy five houses, he can only be in one place at a time...just like a poor person. If a person is impoverished, more money will make him happier. But after a person has enough money for all his needs, more money doesn't increase happiness. People who realize this can become truly happy.
2 of 2 people found the following review helpful.
How to lose faith in professional investment advisors in one easy read
By F. Moyer
I liked Michael Lewis’ book “The Big Short”, so I decided to read his earlier book “Liars Poker”. “The Big Short” was especially interesting (dramatic, even) because it talks about the Great Recession (that is still so fresh in my mind). In comparison “Liars Poker” talks about Lewis’ early career in finance back in the early-to-mid 1980’s. So “Liars Poker” was less exciting than “The Big Short”, but it was more “broad brush” – and so more insightful about the basic workings of the Wall Street companies. This book destroys any myth that Wall Street is successful when they make their investor clients successful; Wall Street can be just as successful when dumping their losing investments by recommending those same “investments” to their ignorant, hapless clients. The book’s biggest lesson for the investor is “caveat emptor”. “Liars Poker” is humorous, eye-opening, disheartening, instructive – and entertaining.
Liars Poker ", by Mchael Lews PDF
Liars Poker ", by Mchael Lews EPub
Liars Poker ", by Mchael Lews Doc
Liars Poker ", by Mchael Lews iBooks
Liars Poker ", by Mchael Lews rtf
Liars Poker ", by Mchael Lews Mobipocket
Liars Poker ", by Mchael Lews Kindle
Tidak ada komentar:
Posting Komentar