Liar's Poker
    Share
    Facebook
    Twitter
    Email

    Liar's Poker  (Paperback, Michael Lewis)

    4.4
    99 Ratings & 11 Reviews
    347
    399
    13% off
  • Bank OfferExtra 5% off* on Axis Bank Buzz Credit Cards
    T&C
  • Delivery
    Tip: Verify your pincode for correct delivery details
    Check
      From Saved Addresses
      Recent History
    Loginto see your saved addresses
    • Usually delivered in 4-5 days. Enter pincode for exact delivery dates/charges
      ?

      Why is there a shipping charge for this item?

      Sellers with Flipkart Assured waive off the delivery charge for Orders over Rs 500. For Orders under Rs 500, a nominal delivery charge is added per item.

      Sellers without Flipkart Assured may or may not add a delivery charge to your Order. This is subject to Seller discretion.

      What is the estimated delivery time?

      Sellers generally procure and ship the items within the time specified on the product page. Business days exclude public holidays and Sundays.

      Estimated delivery time depends on the following factors:

      • The Seller offering the product
      • Product's availability with the Seller
      • The destination to which you want the order shipped to and the Seller's location

      Why does the delivery date not correspond to the delivery timeline of X-Y business days?

      It is possible that the Seller or our courier partners observe a holiday between the day you placed your order and the date of delivery, which is based on the timelines shown on the product page. In this case, we add a day to the estimated date. Some courier partners and Sellers do not work on Sundays and this is factored in to the delivery dates.

      What do the different tags like 'In Stock', 'Available' mean?

      'In Stock'

      Products‘In Stock’ are readily available with seller.

      'Available'

      Products listed as ‘In Stock’ are readily available with seller.

      'Preorder' or 'Forthcoming'

      The product is not released yet. You can however ‘book’ an order for this. Shipping happens only after the product launch.

      'Out of Stock'

      Currently, the item is not available for sale. Use the 'Notify Me' feature to know once it is available for purchase.

      'Imported'

      Sometimes, items have to be sourced by Sellers from outside India. These items are mentioned as 'Imported' on the product page and can take at least 10 days or more to be delivered to you.

      'Back In Stock Soon'

      The item is popular and is sold out. You can however 'book' an order for the product and it will be shipped according to the timelines mentioned by the Seller.

      'Temporarily Unavailable'

      The product is currently out of stock and is not available for purchase. The product could to be in stock soon. Use the 'Notify Me' feature to know when it is available for purchase.

      'Permanently Discontinued'

      This product is no longer available because it is obsolete and/or its production has been discontinued.

      'Out of Print'

      This product is not available because it is no longer published and has been permanently discontinued.

      Why does the estimated delivery time vary for each seller?

      Delivery times are influenced by product availability, geographic location of the Seller, your shipping destination and the courier partner's time-to-deliver to your location.

      Please enter your default pin code on the product page to know more accurate delivery times on the product page itself.

      Seller does not/cannot ship to my area. Why?

      Enter your pincode on the product page to know whether the product can be delivered to your location.

      If you haven't provided your pincode until the checkout stage, the pincode in your last used shipping address will be used to check for serviceability.

      Whether your location can be serviced or not depends on:

      • Whether the Seller actually ships to your location
      • Legal restrictions, if any, in shipping particular products to your location
      • The availability of reliable courier partners in your location

      At times Sellers prefer not to ship to certain locations. This is entirely at their discretion.

      More answers in our Shipping FAQs »

    Features
    • Binding: Paperback
    • Publisher: Hodder & Stoughton
    • ISBN: 9780340839966, 0340839961
    Services
    • 10 Days Replacement Policy
      ?
      ValidityCoversType Accepted
      10 days from deliveryDamaged, Defective, Item not as describedReplacement

      If you have received a damaged or defective product or if it is not as described, you can raise a replacement request on the Website/App/Mobile site within 10 days of receiving the product.

      Successful pick-up of the product is subject to the following conditions being met:

      • Correct and complete product (with the original brand/product Id/undetached MRP tag/product's original packaging/freebies and accessories).
      • The product should be in unused, undamaged and original condition without any scratches or dents.

      Know more about the Return Policy here

    • Cash on Delivery available
      ?

      How do I place a Cash on Delivery (C-o-D) order?

      All items that have the 'Cash on Delivery Available' icon are valid for order by Cash on Delivery. Add the item(s) to your cart and proceed to checkout. When prompted to choose a payment option, select 'Pay By Cash on Delivery'. Enter the CAPTCHA text as shown, for validation. Once verified and confirmed, your order will be processed for shipment in the time specified, from the date of confirmation. You will be required to make a cash-only payment to our courier partner at the time of delivery of your order to complete the payment.

      Terms & Conditions

      • e-Gift Vouchers or Store Credit cannot be used for C-o-D orders.
      • Cash-only payment at the time of delivery.

        More answers in our Shipping FAQs »

    Description

    Liar’s Poker: The Book That Revealed The Truth About London And Wall Street is a tale of insane greed and ambition that lay at the heart of Wall Street in the 1980s.

    Summary Of The Book

    Liar’s Poker: The Book That Revealed The Truth About London And Wall Street is Michael Lewis’ story, one that revolves around greed and ambition that plagued Wall Street during the mid-1980s. The story captures this period along two lines, one being Michael’s autobiography and the other being about Salomon Brothers and Wall Street.

    The autobiographical thread takes its readers through Michael’s college education, and then into a major event in Michael’s life, his hiring by Salomon Brothers in 1984. What follows is a detailed account of the lives of bond salesmen and traders, covering everything from their personalities to the work culture.

    An important period in Wall Street’s history has been captured in this thread. This was the time many in Wall Street lot took advantage of others’ ignorance, so that they could grow wealthier. Some of the renowned Wall Street personalities of the time, such as Lewis Ranieri, John Meriwether, and John Gutfreund, have found mention in this book.

    The second thread along which the book progresses doesn’t exclusive cover Michael’s life. Here he talks about the history of Salomon Brothers and how Wall Street was building its culture. He even informs the readers on how Wall Street created a market for mortgage bonds to make the firm richer and how Michael Milken and his junk bonds later outdid Wall Street. Along this chain of events, the readers will find several quotes that Michael says have been sourced from interviews he conducted of prominent personalities.

    The story doesn’t move chronologically, nor do these two threads come one after another. Through Liar’s Poker: The Book That Revealed The Truth About London And Wall Street, Michael reveals the inside story. He highlights the crass behavior of traders on Wall Street, who weren’t much skilled at advanced finance, but were rather adept at exploiting others’ weaknesses. His fellow trainees spat at one another, insulted and yelled at financial experts who spoke to them.

    Lewis makes a powerful remark when he says anyone could make millions in the 80s provided they were in the right place at the right time, just like Lewis Ranieri.

    About Michael Lewis

    Michael Lewis a financial journalist and non-fiction author.

    He is the author of The Big Short: Inside the Doomsday Machine, Boomerang: Travels in the New Third World, Panic!: The Story of Modern Financial Insanity, and The Money Culture.

    Michael was born to corporate lawyer and community activist parents in New Orleans. He received a BA in Art History from Princeton University. After working with Daniel Wildenstein, an art dealer in New York, he attended London School of Economics and graduated with an MA in Economics. Hired by Salomon Brothers, he joined a training program at New York. After working as a bond salesman at their London office, he decided to share his experiences through the written word. He has worked with media houses such as The New York Times Magazine, The Spectator, The New Republic, and Bloomberg.

    Read More
    Specifications
    Book Details
    • Imprint
      • Hodder Paperbacks
    Contributors
    • Author
      • Michael Lewis
    Dimensions
    • Width
      • 0.79 Inches (US)
    • Height
      • 7.76 Inches (US)
    • Length
      • 5.08 in
    • Weight
      • 210.0 Grams
    Frequently Bought Together
    Liar's Poker
    Liar's Poker
    4.4
    (99)
    347
    399
    13% off
    1 Item
    347
    1 Addon
    286
    Total
    633
    4.4
    99 Ratings
    11 Reviews
    • 5
       54
    • 4
       38
    • 3
       3
    • 2
       3
    • 1
       1
    Most Helpful 
    Positive 
    Most Recent 
    By Certified Buyers 
    4

    All about bonds....

    This book gives a brief idea about various types of bonds and how it is traded. Presents a precise picture of Wall street and the gradual downfall of Salomon Brothers, A company once synonymous with Mortgage Bonds. It is a story that states the life of the Author at Salomon which he had eventually quit....Overally, an interesting read.
    READ MORE

    Pritish Behera

    Certified Buyer

    25 Nov, 2014

    2
    0
    Report Abuse
    5

    Superb Book

    This is a hilarious yet thought provoking master piece from Micheal Lewis.This book is excellent as a standalone one and for serious finance readers this is one important cog in the wheel where the stories of high handed acts by Wallstreet bankers are told.Once you start reading it is difficult to put it down.Simply Superb
    READ MORE

    Vijesh Balasubramanian

    Certified Buyer

    15 Dec, 2012

    3
    1
    Report Abuse
    5

    Interesting read.

    Gives a good insight into the bonds trading company - Solomon Brothers on the Wall Street. It is an easy and interesting read. The author has done a good job of highlighting the life of a trader on Wall Street.
    READ MORE

    Amit Tibrewal

    Certified Buyer

    13 Apr, 2016

    5

    It is an all-rounder. Go long on it!

    This is a thoroughly informative account of the author’s experiences as he began his career in Solomon Brothers as a bond salesman until he quit his job. The book is written in a very humorous and sometimes cynical style as he describes the office dynamics, greed and arrogance, and events that unfolded during the 1980s in the bond market. That period is now referred to as the Merger Mania/ Junk Bond Mania which is widely said to be catalyst for the stock market crash in 1987.
    The most import...
    READ MORE

    Fyers Securities

    Certified Buyer

    1 Jan, 2015

    4

    PREFACE TO BOND TRADING

    Makes a good reading into working of salomon brothers with its recruitment and the way the new inductees are taken in various departments of trading . In the later part of the book it succuintly deals with how traders at salomon do their business and how the mortgage and S&L markets suddernly emerged which later ended in a debacle.

    It is a preface to those who would like to know the realities of bond markets.
    READ MORE

    VENKATESH

    Certified Buyer

    22 Dec, 2014

    4

    Entertaining

    The usual Michael Lewis style of simple humor laced with thoughtful observations leaving the reader to infer the meaning. A very good read indeed. Boomerang was funnier though!
    READ MORE

    Guru Pasupathy

    Certified Buyer

    10 Jan, 2014

    4

    A masterpiece indeed

    The book is funny, and gives an inside view of wall street of the 1980s. Also it gives a pretty good picture of how the bond markets work.

    After reading, you (like the author) will also wonder why wall street pays such fantastic amounts of money to people for virtually doing nothing. Making phone calls and moving around bits of paper - that's what they do to make a fortune.
    READ MORE

    Sunish Mathew P

    Certified Buyer

    11 Dec, 2013

    4

    Enjoyable read on the American Bond Market

    Before I comment on the book, I must thank Flipkart for their impeccable on time delivery.

    Now coming to the review, the first Michael Lewis book I had read was "The Big Short" and this book is no different. It has the right mix of content and fluidity to keep you glued to the book. It explains the rise of the trillion dollar bond market, and with it the rise and fall of Solomon Brothers in a witty and humorous way .
    Though the writer has tried his best to explain most of the financial ter...
    READ MORE

    Gaurav Thakur

    Certified Buyer

    23 Jun, 2012

    5

    Get into the life of Wallstreet..a must read book.

    A very witty, funny, informational book I must say. Michael Lewis takes the readers through his days as an employee of Solomon Brothers. The accounts of various other investment banks, the downfall of Solomon Brothers all this provide a very interesting read. The work style of various personalities who help Solomon Brothers reach its heydays during 1980's is something to be emulated. What more this book is a must read whether you are a novice in the field of economics or you are a pro. As for...
    READ MORE

    Nakul Kothari

    Certified Buyer

    20 Feb, 2012

    4

    Insanely funny!

    This book is really funny with the dry wit of Lewis. Read it if you're interested in how Mortgage Backed Securities came into being, and how Wall Street in that Era is no different from the Wall Street today! Another great part is the read about Drexham Brunham Lambert, who were kings of the junk bond market. Do not miss out on the catchphrases of Lewis - Shorting Salmon, The Arabs, etc

    Overall, I rate this a 4/5 for the insanely funny writing and recommend it to anyone who wants to understa...
    READ MORE

    Rahul Mulchandani

    Certified Buyer

    2 Feb, 2012

    +
    View all 11 reviews
    Safe and Secure Payments. Easy returns. 100% Authentic products.
    Back to top