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?
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ADDITIONAL INVESTING RESOURCES:
Intrinsic Value Assessments:
Investing Explained:
We Study Billionaires:
Bitcoin Fundamentals:
Millennial Investing:
Real Estate 101:
Asset Allocation Course:
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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.