Videos

67 TIP: Liar’s Poker by Michael Lewis

In this episode, Preston and Stig discuss the best selling book, Liar’s Poker. The book was written by Michael Lewis and it describes Lewis’ first hand account of working for a big bank on Wall Street as a bond trader. If you’re interested in entering this field of work, you will definitely want to listen to this episode.

During the 1980s, Michael Lewis worked as a bond trader at the notorious floor of Solomon Brothers. The book is a highly entertaining read about the competitive environment of Wall Street’s trading floors. The book describes an environment where no room is allowed for weakness, and where bold risk-taking is is the life-blood of the industry.

IN THIS EPISODE, YOU’LL LEARN:
– Why everyone considering a career on Wall Street should read this book before their first interview
– The business model of a broker and trading company like Salomon Brothers
– How much money Stig made as a commodities trader
– How Preston thinks traders should be compensated
– Ask The Investors: Should I invest locally if I live in a small country?

Subscribe to the We Study Billionaires podcast show: https://link.chtbl.com/WSB

To access our show notes, courses, or forums, go to https://www.theinvestorspodcast.com/we-study-billionaires
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
ADDITIONAL INVESTING RESOURCES:

Intrinsic Value Assessments:

Investing Explained:

We Study Billionaires:

Bitcoin Fundamentals:

Millennial Investing:

Real Estate 101:

Asset Allocation Course:

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
Download Stig & Preston’s 1-page checklist for finding great stock picks: https://www.theinvestorspodcast.com/form-youtube-checklist

Have a question? Get your voice heard on the show: https://www.theinvestorspodcast.com/your-questions
? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
DISCLAIMER: This show is for entertainment purposes only. Before making any decisions consult a professional. This show is copyrighted by The Investor’s Podcast Network. Written permission must be granted before syndication or rebroadcasting.

Articles You May Like

Activist Ananym has a list of suggestions for Henry Schein. How the firm can help improve profits
Acurx Pharmaceuticals to add up to $1 million in bitcoin for treasury reserve, following MicroStrategy’s playbook
Quantum Computing: The Key to Unlocking AI’s Full Potential?
Autonomous Vehicles: Why 2025 Will Usher in the Self-Driving Car
Dental supply stock rallies on theory RFK’s anti-fluoride stance will prompt more dentist visits