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book1989

Liar's Poker

Disciplines:
memoir
finance
finance/wall street
salomon brothers

Summary

Michael Lewis's 1989 memoir of his years as a bond trader at Salomon Brothers — the most widely read insider account of 1980s Wall Street culture — which Lewis intended as a warning but which inspired a generation of young graduates to pursue finance careers.

Core Contribution

Creates the Wall Street culture narrative — Liar's Poker's account of Salomon Brothers' bond trading floor (the culture of aggression, the complexity of mortgage-backed securities, the absurdity of enormous bonuses for mostly luck) is the definitive document of 1980s financial culture.

Historical Influences

Tom Wolfe

Intellectual Lineage

Michael Lewis W.W. Norton

Allied Works

The Big Short Barbarians at the Gate

Contemporaries & Peers

No recorded contemporaries.

Minds Influenced

Financial journalism

Intellectual Posterity

Liar's Poker Salomon Brothers culture narrativeWall Street memoir genre

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Liar's Poker

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