Not making a profit since ! I read "Liar's Poker" many years ago. Lewis is a naif. Which is perhaps what makes his books so attractive to lay readers. His is anecdotal writing as I seem to recall rather than systemic analysis. But such analysis would require him to be an insider, which he is not.
Salomon Brothers Big Swinging Dick Dad Hat #FinTwit #Parody
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Skip to main content. Liar's Poker Norton Paperback. Verified Purchase. He worked the phones, and on his customers, hard enough to become a ' Big Swinging Dick', or traders code for those who trumped the system, making millions for their company. Michael Lewis, unlike many other traders, did have a
The End of the BSD
F ormer Wall Street trader Michael Lewis has made a mint out of writing books about the dark art of investment banking. He took the market by storm with Liar's Poker , which chronicled the testosterone-fuelled world of Salomon Brothers in the mid s. His latest offering, The Big Short: Inside the Doomsday Machine , is about a handful of renegade and largely eccentric investors who bet against the financial system by shorting the sub-prime mortgage market, and made a killing along the way.
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 s. The book captures an important period in the history of Wall Street. Two important figures in that history feature prominently in the text, the head of Salomon Brothers ' mortgage department Lewis Ranieri and the firm's CEO John Gutfreund. The book's name is taken from liar's poker , a gambling game popular with the bond traders in the book. One thread is autobiographical: it follows Lewis through his college education, his hiring by Salomon Brothers now a subsidiary of Citigroup in , and his training at the firm.