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The Smartest Guys in the Room by Bethany McLean and Peter Elkind — WisdomDeck honest review
Honest review · Character

The Smartest Guys in the Room

by Bethany McLean and Peter Elkind

Enron's rise and collapse: mark-to-market accounting, the off-balance-sheet partnerships, the culture of rank-and-yank, and the executives who believed their own story. Long, detailed and definitive.

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Read it if…

you want the full anatomy of a corporate collapse.

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Skip it if…

you want brevity.

Try instead: Andrew Carnegie →

Three things you will actually use

  1. Complexity hides fraud.
  2. Culture of winning at all costs costs everything.
  3. Ask what the business actually does.

Do this first

Read the chapters on Andy Fastow's partnerships.

Our verdict

Enron, anatomised.

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