Personal Finance
Reading Financial Non-Fiction: Liar’s Poker
By Five Cents Ten Cents  •  June 14, 2011

Liar's Poker

One of the best things I get out of reading financial non-fiction is to experience the world through another practitioner’s eyes. In the case of the non-fiction financial book “Liar’s Poker” by Michael Lewis, it allows me to get into the world of investment banking without actually ever stepping into the world of investing banking.

Experiencing Alternate Universes Through Books

The great thing about reading real-life personal stories about people in different industries is that you get to live their life (a little) through their accounts of what they felt, thought and went through in their book. In the case of “Liar’s Poker”, Michael Lewis shares the semi-autobiographical account of his days at Salomon Brothers, a US Wall-Street investment bank that was famous in the 80s and 9os in being a bonds salesman in the bank and the development of the mortgage bond trading market.

Unlike a textbook on bond ...

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By Five Cents Ten Cents
PanzerGrenadier is a 30-something accountant who finally grasped the concept of financial freedom at the ripe old age of 32. Ever since, he has been travelling on his journey towards financial freedom and documenting his adventures through his blog "fivecentstencents". PanzerGrenadier allocates his non-work time in between living within his means, saving and investing as well as spending quality time with family. He is an avid toastmaster and has completed 10 years of being a reservist conscript in the Lion City.
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