Liar's Poker

"Liar's Poker" is a look onto Wall Street in the 80's as Michael Lewis, the author, experienced as an employee.

This book is only 310 pages and is actually a fairly fast read. A fast read when the story is interesting that is. I found several parts of the book that just bored me and made it hard to slog through the stories. Some of the details of bonds and options were a bit over my head which didn't help my enjoyment although I'm sure they helped enhanced the story.

It is fun to read the stories of traders on Wall Street by a person who did not consider himself a trader at heart. You do gain insight into the minds that control a huge part of our nation's economy. There is also plenty of success and failure stories that all involve levels of risk and courage (or stupidity) to take those risks.

For me the book stalled at times but I was still able to gain some insight into Wall Street that helps me understand some of the reasons things move the way they do, especially in light of the current economic collapse. I'm sure people who have more exposure to Wall Street can relate to and enjoy this book more than myself.

Overall a decent read.

Labels: Books

- posted by Doug @ 2:01:00 PM