Liar's Poker -- The Investment Game of Wall Street

Author: (American) Lewis, translated by Sun Zhong
Publisher:
Publish Date: 2007-01-17
Features: "Liar's Poker" is a leisure game played by financiers on Wall Street, where the winner is the one who excels at deceiving others through psychological manipulation. Michael Lewis uses it as a metaphor to describe his four years of work experience at Salomon Brothers, one of the largest investment banks on Wall Street—from being unexpectedly hired, undergoing training, to growing into a star trader who could move millions of dollars with just a phone call. In the book, Lewis reveals many unknown techniques, tricks, and methods in the world of investing, disclosing how he came to understand the complexities of Wall Street and gradually mastered investment trends, allowing readers to experience it firsthand. Another highlight of the book is the dramatic history of Salomon Brothers as seen through the author's perspective in the 1980s, with a particularly profound description of the 1987 U.S. stock market crash, reflecting how Wall Street maintained its development amid the ups and downs of that era... The style of this book is unique; its vivid and humorous writing weaves the intricate investment techniques of Wall Street into engaging stories, making readers both laugh out loud and deeply reflect. This has also earned the book recognition from both professionals and a broad readership, making it a long-selling investment classic in the United States... "Liar's Poker" is a leisure game played by financiers on Wall Street, where the winner is the one who excels at deceiving others through psychological manipulation. Michael Lewis uses it as a metaphor. He describes his four years of work experience at Salomon Brothers, one of the largest investment banks on Wall Street—from being unexpectedly hired, undergoing training, to growing into a star trader who could move millions of dollars with just a phone call. In the book, Lewis reveals many unknown techniques, tricks, and methods in the world of investing, disclosing how he came to understand the complexities of Wall Street and gradually mastered investment trends, allowing readers to experience it firsthand. Another highlight of the book is the dramatic history of Salomon Brothers as seen through the author's perspective in the 1980s, with a particularly profound description of the 1987 U.S. stock market crash, reflecting how Wall Street maintained its development amid the ups and downs of that era. The style of this book is unique, its vivid and humorous writing weaves the intricate investment techniques of Wall Street into engaging stories, making readers both laugh out loud and deeply reflect. This has also earned the book recognition from both professionals and a broad readership, making it a long-selling investment classic in the United States.