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Review of Liar's Poker by Michael Lewis
Published: 2010
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A classic account of life on Wall Street in the 1980s

Liar's Poker is a thoroughly enjoyable and captivating read that offers a behind-the-scenes look at the high-stakes world of finance. Written by Michael Lewis, the book chronicles the author's experiences as a bond salesman on Wall Street in the late 1980s, and provides a unique perspective on the culture of financial trading and the inner workings of investment banks.

One of the key strengths of the book is its ability to convey the intense pressure and competitiveness of the trading environment. Lewis does a fantastic job of capturing the intense emotions and the sense of urgency that traders feel as they try to outmaneuver one another and make as much money as possible. The book takes its name from a high-stakes betting game that was popular among bond traders, in which players try to outmaneuver one another by bluffing and deception. The game serves as a metaphor for the culture of Wall Street, where traders engage in a constant battle to outsmart each other and make as much money as possible.

In addition to offering a glimpse into the world of finance, Liar's Poker is also a commentary on the larger economic and social changes taking place in the United States during the 1980s. The book explores the rise of Wall Street and the increasing influence of financial markets on the economy and society as a whole. It delves into the transformation of the financial industry from a relationship-based business to a more cutthroat and quantitative industry, and the consequences that this had for the way that business was conducted.

Overall, Liar's Poker is a must-read for anyone interested in Wall Street or the inner workings of the financial industry. It is a humorous and entertaining look at the world of finance, and is sure to be enjoyed by readers of all backgrounds. Lewis does an excellent job of bringing the characters and stories to life, and the book is a thought-provoking and insightful look at the culture of the financial industry and the impact that it has on society.

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