Fiasco
The Inside Story of a Wall Street Trader
Recommended by Charles T. Munger, and 1 others. See all reviewsRanked #17 in Private Equity
"Fiasco" is the shocking story of one man's education in the jungles of Wall Street. As a young derivatives salesman at Morgan Stanley, Frank Partnoy learned to buy and sell billions of dollars worth of securities that were so complex many traders themselves didn't understand them. In his behind-the-scenes look at the trading floor and the offices of one of the world's top investment firms, Partnoy recounts the macho attitudes and fiercely competitive ploys of his office mates. And he takes us to the annual drunken skeet-shooting competition, FIASCO, where he and his colleagues sharpen the... more
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Charles T. Munger Vice Chairman/Berkshire HathawayI remember reading this shocking book and thinking, holy shit. This book will make you sick. (Source)
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