Liar's Poker is a non-fiction, semi-autobiographical book by Michael Lewis describing the author's experiences as a bond salesman on Wall Street during the late 1980s. First published in 1989, it is considered one of the books that define Wall Street during the 1980s, along with Barbarians at the Gate and the fictional The Bonfire of the Vanities by Tom Wolfe. The book captures well an important period in the history of Wall Street. Two important figres in that history feature prominantly in the text, head of mortgage department Lewie Ranieri and firm CEO John Gutfreund.
The book's name is taken from Liar's poker, a gambling game popular with the bond traders in the book and played for high stakes.
Liar's Poker follows two different story threads, though not necessarily in chronological order.
The first thread is autobiographical, and follows Lewis through his college education and his hiring by Salomon Brothers in 1984. This part of the book gives a first-person account of how bond traders and salesmen truly work, their personalities, and their culture. The book captures well an important period in the history of Wall Street. Two important figures in that history feature prominently in the text, head of mortgage department Lewie Ranieri and firm CEO John Gutfreund.
The second thread is a sort of history of Salomon Brothers and overview of Wall Street in general, especially how the firm single-handedly created a market for mortgage bonds and made the firm wealthy, only to be outdone by Michael Milken and his junk bonds. This thread is less dependent on Lewis' personal experience and features quotes apparently drawn from interviews with various relevant figures.
Lewis jumps back and forth between these two threads in the book.
Michael Lewis (born 1960, New Orleans, Louisiana) is an American contemporary non-fiction author. His bestselling books include Liar's Poker, The New New Thing, Moneyball: The Art of Winning an Unfair Game, and The Blind Side: Evolution of a Game.He is a visiting fellow at the University of California at Berkeley.
Hewhomakesabeastofhimselfgetsridofthepainofbeingaman.—SamuelJohnson
——引自第13页
Whenallinvestorsweredoingthesamething,hewouldactivelyseektodotheopposite...Contrarian...Thesecondpattern...wasthatintheeventofamajordislocation,suchasastock-marketcrash,anaturaldisaster,hewouldlookawayfromtheinitialfocusofinvestorinterestandseeksecondaryandtertiaryeffects.
——引自第206页
乔纳森·罗森伯格,南佛罗里达大学心理学副教授,情绪和情感实验室负责人。他的文章发表在《科学美国人》(科普杂志)《纽约时报》《华尔街日报》等知名杂志上。2013年...
唐酒卿,晋江人气作者。文风诙谐幽默,行文流畅,深受女性读者的喜爱,代表作有《将进酒》《恣睢之臣》等。其中,《将进酒》已售出影视、广播剧等多个版权。
桐华,女,知名女作家,悦读纪签约作者。“大漠孤烟直,长河落日圆”是从小惯看的景色,向往着“小桥流水人家”,工作后索性跑到南方,领略一番巴蕉夜雨,薄暮昏冥。现定居...
★一个温暖的关于爱与失去的故事,一部真诚、勇敢、令人信服、十分具有人文情怀的回忆录作品。★聚焦【生活疾患、人生坎坷、理想与现实的冲突、心灵世界的成长】,扣问“个...
子夜初,2007年出版第一本长篇,后陆续出版畅销书《如果下辈子我还记得你》系列丛书等多部长篇作品,短篇常见于《爱格》《花火》等杂志。文风成熟,情节曲折跌宕,人物...
六指擒龙脉法 本书特色 脉学自古以来易学难精,浙江新昌俞行先生在多 年临证中揣摩古今脉诀,创立“六指擒龙”脉法,并 整理成专*。书中系统...
李志生,女,北京大学历史系副教授,著有《中国古代妇女史研究入门》《唐虢国夫人:文本与日常生活研究》,译有《闺塾师:明末江南的才女文化》,参加徐凯主持北大历史系《...
勞格文(John Lagerwey)勞格文教授為法國高等研究學院(EPHE)、香港中文大學榮休教授,現任巴黎利瑪竇學院(Institut Ricci Paris...
精彩摘录 1944年5月18日,在一次军事会议上,希特勒被告知,在重兵把守的法国海岸线上,敌人于夜间进行了两次间谍活动:在靠
何藩的職業生涯豐富多彩:成為國際知名的攝影師後,於1961年加入邵氏,期間參演多部電視劇及電影,後來更成了著名導演。何藩出生於上海,其攝影生涯早於14歲時開始:...
精彩摘录他是全班最好玩的男生——最有趣,最有绝妙的点子。我喜欢和他说话。有时候我觉得我们两个长大以后应该结婚。我想要用一
[美]艾莉森·麦基 文艾莉森·麦基 (Alison McGhee)1960年出生于美国,畅销书作家,也是一位优秀的童书作家,曾荣获“美国父母选书奖”和美国图书馆...
中华人民共和国刑事诉讼法注释本(根据2021年刑事诉讼法司法解释修订 适用提要 条文注释 附录法规 典型案例 图表速查) 本书特色 ●连续畅销系列丛书,专业注释...
《瘗鹤铭》碑本身可说是史上最富传奇的摩崖石刻。自宋代开始进入世人视野后,丹徒焦山上这场关于养鹤葬鹤、撰铭书刻的文人雅事,赋予了后人无尽的想象空间,关于它的作者始...
作品目录总序感谢中文版序1(附原文)中文版序2(附原文)译者序序导论:认知发展和学习理论第一章 连续量的守恒概念:从观察到
殷健灵,1971年10月生于上海,在南京近郊度过童年和少年时代。法学学士,文学硕士。1998年加入中国作家协会。做过女性杂志主编,现为《新民晚报》首席编辑,上海...
邢锡波医案集 本书特色 《邢锡波医案集》是邢锡波先生临床经验的总结,共载有实际临床案例500余则,每则案例后均附有详细的医案解读,或指导用药,或提供辨证...
菊人医话(现代著名老中医名著重刊丛书)(第二辑) 内容简介 本书是20世纪60年代初整理出版的较早的名老中医经验方面的著作。张菊人老先生曾任北京市中医医院副院长...
朱天文,台湾女作家,王德威所称的“张派传人”的重要代表人物,以胡兰成和张爱玲为师。台湾新电影的重要编剧之一。祖籍山东临朐,1956年八月生于高雄凤山。淡江大学英...
薛忆沩,生于郴州,长于长沙,现居蒙特利尔。从北京航空航天大学获计算机科学与工程学士学位,从蒙特利尔大学获英美文学硕士学位,从广东外语外贸大学获语言学与应用语言学...