F.I.A.S.C.O. - Morgan Stanley

[Tokugawa]

I don't know if anybody ever posted info related to this book, but I really recommend it for people with business and economics background. Of course it is a good one for general readers.

Book Description (from Amazon)
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 killer instincts they are encouraged to use against their competitiors, their clients, and each other.

FIASCO is the first book to take on the derivatves trading industry--the most highly charged and risky sector of the stock market. More importantly, it is a blistering indictment of the largely unregulated market in derivatives and serves as a warning to unwary investors about real fiascos, which have cost billions of dollars.

[Prodigy]

horoshaya knijka uje ishu...if someone has scanned *pdf would be cool.

[Samimiy]

One of the professors in my department uses this book in one of his classes. He says he likes it because the "straw that broke the camel's back" was real estate securities. I never read the book myself, didn't want to buy it :(

As a side note the same professor said that when Wall Street firms interview you for high positions, the ask if you plan to write a book in the future :)

Prodigy, I don't think the .pdf of this book would be available.

[Tokugawa]

They gave it to me on the second day of work. :) Prodigy, Tokyoga keling, o'qib ketasz, ili pochtadan yuboraymi?

[Iceman]

Tokugawa thanks for bringing this up! this book is suposedly traders Bible and is very usefull for those who want to pursue a career in investment banking. I read the book and i have to say it is a very interesting book.

for those interested it is available at amazon.com/.co.uk

this is how is looks like:
http://ec1.images-amazon.com/images/P/0393046222.01._SS500_SCLZZZZZZZ_.gif


ay this one is cool as well;
http://ec1.images-amazon.com/images/P/0446525561.01._SS500_SCLZZZZZZZ_.jpg

what about this one:
http://ec1.images-amazon.com/images/P/0316879711.01._SS500_SCLZZZZZZZ_.jpg

[Tokugawa]

Yesterday I started reading another one.

Liar's Poker

This story is also about investment bankers, traders. I find it useful for people recklessly pursuing career in Investment Banking, not fully understanding what it is.

http://www.douban.com/lpic/s1486027.jpg

[Iceman]

rahmat Tokugawa, unisini o'qimagandim hali...

will buy it on amazon now!!!


thanks once again!


and you might like this one:

http://ec1.images-amazon.com/images/P/0471961264.01._SS500_SCLZZZZZZZ_.jpg

[abcd]

Yesterday I started reading another one.

Liar's Poker

This story is also about investment bankers, traders. I find it useful for people recklessly pursuing career in Investment Banking, not fully understanding what it is.

http://www.douban.com/lpic/s1486027.jpg

This one is available online. I read it when I was recklessly pursuing career in investment banking. (joke of course)

[Vector]

This one is available online. I read it when I was recklessly pursuing career in investment banking. (joke of course)

can we have a source pls? ;)

[Hamitovich]

http://ec1.images-amazon.com/images/P/0471961264.01._SS500_SCLZZZZZZZ_.jpg

This is a really good book! his other great books are Adventure Capitalist and Hot Commodities.

[abcd]

http://fictionbook.ru/en/author/styuart_djeyims/alchnost_i_slava_uoll_strit/

This one is also not bad.

[abcd]

can we have a source pls? ;)

http://fictionbook.ru/en/author/lyuis_mayikl/poker_ljecov/

[himalay]

I don't know if anybody ever posted info related to this book, but I really recommend it for people with business and economics background. Of course it is a good one for general readers.

Book Description (from Amazon (http://www.amazon.com/Fiasco-Inside-Story-Street-Trader/dp/0140278796))
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 killer instincts they are encouraged to use against their competitiors, their clients, and each other.

FIASCO is the first book to take on the derivatves trading industry--the most highly charged and risky sector of the stock market. More importantly, it is a blistering indictment of the largely unregulated market in derivatives and serves as a warning to unwary investors about real fiascos, which have cost billions of dollars.

I have today ordered FIASCO from Amazon.

[Prodigy]

They gave it to me on the second day of work. :) Prodigy, Tokyoga keling, o'qib ketasz, ili pochtadan yuboraymi?

Qandoq bular ekan a?!? Juda oqib schiqish niyatim bor edi. Hmmm... Bugun po ideye Tokyoda bulishim kerak edi...lekin postpone qilindi...ozgina kutay qani..agar borolmasam... 尾根が　いたします

[odilgb]

damn nice books . thanks

[xpeh1978]

could I also have links to those mentioned books, please?

[lilbit]

http://static.scribd.com/docs/et2d8knamvods.pdf
liar's poker

[frank11]

ignore first post

[Rusya]

Reading now "liar's poker", absorbs you from the first page :shock:

[lilbit]

Reading now "liar's poker", absorbs you from the first page :shock:

talked to lawers and it is seems the same as investment banking business. 16-18 Hrs a day - law firms taking whole sh$t out of them.