Wednesday, October 26, 2011

Liar's Poker

by Michael Lewis

This is a wonderful book on Wall Street bonds trading, the majority of which from Michael Lewis' time in that profession, from late 1970s to late 1980s. Short synopsis here.

It is wonderfully written. Though I do admit, some of the financial concepts were quite over my head. Though the narrative used by Michael itself did not make the story too tedious for those inept in financial matters. So it was a very witty and interesting read. It does show how much disparity of how money is valued by Wall Street and how it is valued by the rest of the world.

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