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Liar's Poker by Michael Lewis — WisdomDeck honest review
Honest review · Career

Liar's Poker

by Michael Lewis

Lewis's memoir of Salomon Brothers in the 1980s: the trading floor, the bond kings, the mortgage desk, and the culture that produced them. Intended as a warning, read as a recruiting brochure. Still the best inside account of Wall Street appetite.

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Read it if…

you want to understand finance culture from the inside.

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Skip it if…

you want a how-to; it is a story.

Try instead: Nobody Wants to Read Your Sh*t →

Three things you will actually use

  1. Culture eats intention.
  2. Incentives create the people they reward.
  3. Know when you are the sucker.

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Read the training-programme chapters.

Our verdict

The warning read as a brochure.

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