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📉 Junk Bond Market

An examination of the high-risk, high-reward world of below-investment-grade debt and the dealmakers who weaponized it.
The Predators' Ball
by Connie Bruck • 1988
Michael Milken built a junk-bond empire that fueled the '80s takeover binge. Then the FBI arrived.
4.09
4k+
💰 Junk Bond Era🦈 Corporate Raiders⚔️ Hostile Takeovers
The Predators' Ball Summary
The Predators' Ball 90%
Michael Milken built a junk-bond empire that fueled the '80s takeover binge. Then the FBI arrived.
by Connie Bruck 1988
4.09
4k+ ratings
💰 Junk Bond Era🦈 Corporate Raiders⚔️ Hostile Takeovers
The Handbook of Fixed Income Securities
by Frank J. Fabozzi • 1983
Every bond from Treasury to mortgage pool, priced and risked: the reference that defined the field.
4.23
377
🐻 Bond Markets📊 Fixed Income Analysis📈 Yield Curve Analysis
The Handbook of Fixed Income Securities Summary
The Handbook of Fixed Income Securities 90%
Every bond from Treasury to mortgage pool, priced and risked: the reference that defined the field.
by Frank J. Fabozzi 1983
4.23
377 ratings
🐻 Bond Markets📊 Fixed Income Analysis📈 Yield Curve Analysis
Highly Confident
by Jesse Kornbluth • 1992
Wall Street called them junk. He called them opportunity. Rudy Giuliani called it racketeering.
3.66
41
🏢 Hostile Takeovers👔 White Collar Crime⚖️ Prosecutorial Overreach
Highly Confident Summary
Highly Confident 90%
Wall Street called them junk. He called them opportunity. Rudy Giuliani called it racketeering.
by Jesse Kornbluth 1992
3.66
41 ratings
🏢 Hostile Takeovers👔 White Collar Crime⚖️ Prosecutorial Overreach
A Pragmatist's Guide to Leveraged Finance
by Robert S. Kricheff • 2012
A framework for analyzing high-yield bonds and leveraged loans, from ratios to covenants.
4.23
139
🏦 Leveraged Finance🔍 Credit Analysis📊 Fixed Income Analysis
A Pragmatist's Guide to Leveraged Finance Summary
A Pragmatist's Guide to Leveraged Finance 90%
A framework for analyzing high-yield bonds and leveraged loans, from ratios to covenants.
by Robert S. Kricheff 2012
4.23
139 ratings
🏦 Leveraged Finance🔍 Credit Analysis📊 Fixed Income Analysis
The Bond King
by Mary Childs • 2022
A card counter built a two-trillion-dollar bond empire. The instincts that built it destroyed him.
3.80
3k+
🏦 Bond Markets🏢 Asset Management🗽 Wall Street History
The Bond King Summary
The Bond King 89%
A card counter built a two-trillion-dollar bond empire. The instincts that built it destroyed him.
by Mary Childs 2022
3.80
3k+ ratings
🏦 Bond Markets🏢 Asset Management🗽 Wall Street History
Default
by Gregory Makoff • 2024
A century-old contract clause, a hedge fund, and a judge who nearly broke sovereign debt forever.
4.32
287
🏛️ Sovereign Debt📉 Financial Crises🌐 International Finance
Default Summary
Default 89%
A century-old contract clause, a hedge fund, and a judge who nearly broke sovereign debt forever.
by Gregory Makoff 2024
4.32
287 ratings
🏛️ Sovereign Debt📉 Financial Crises🌐 International Finance
The Sellout
by Charles Gasparino • 2009
Two outsiders invented a bond that made Wall Street billions, then destroyed the entire system.
3.92
302
🧨 Financial Crises🗽 Wall Street History🏠 Mortgage Bonds
The Sellout Summary
The Sellout 89%
Two outsiders invented a bond that made Wall Street billions, then destroyed the entire system.
by Charles Gasparino 2009
3.92
302 ratings
🧨 Financial Crises🗽 Wall Street History🏠 Mortgage Bonds
Reckless Endangerment
by Gretchen Morgenson • 2011
Good intentions met Wall Street greed and captured regulators. The crisis was built to order.
3.96
2k+
🏦 Financial Crises⚖️ Regulatory Failure🏚️ Subprime Lending
Reckless Endangerment Summary
Reckless Endangerment 89%
Good intentions met Wall Street greed and captured regulators. The crisis was built to order.
by Gretchen Morgenson 2011
3.96
2k+ ratings
🏦 Financial Crises⚖️ Regulatory Failure🏚️ Subprime Lending
Bailout Nation
by Barry Ritholtz • 2009
Wall Street keeps the upside. Taxpayers eat the losses. How America rewrote the rules of capitalism.
3.87
572
🏦 Financial Crises💵 Monetary Policy🏠 Housing Bubbles
Bailout Nation Summary
Bailout Nation 89%
Wall Street keeps the upside. Taxpayers eat the losses. How America rewrote the rules of capitalism.
by Barry Ritholtz 2009
3.87
572 ratings
🏦 Financial Crises💵 Monetary Policy🏠 Housing Bubbles
Mastering The Market Cycle
by Howard Marks • 2018
Market cycles are driven by emotion, not economics. Learn to read them before the crowd does.
4.04
6k+
🔁 Market Cycles🙅 Contrarian Investing🧠 Behavioral Finance
Mastering The Market Cycle Summary
Mastering The Market Cycle 88%
Market cycles are driven by emotion, not economics. Learn to read them before the crowd does.
by Howard Marks 2018
4.04
6k+ ratings
🔁 Market Cycles🙅 Contrarian Investing🧠 Behavioral Finance
The Caesars Palace Coup
by Max Frumes • 2021
One casino, $24 billion in debt, and the holdout creditors who forced Apollo to pay.
4.05
4k+
🏢 Private Equity💰 Leveraged Buyouts📋 Corporate Governance
The Caesars Palace Coup Summary
The Caesars Palace Coup 88%
One casino, $24 billion in debt, and the holdout creditors who forced Apollo to pay.
by Max Frumes 2021
4.05
4k+ ratings
🏢 Private Equity💰 Leveraged Buyouts📋 Corporate Governance
Confidence Game
by Christine S. Richard • 2010
Bill Ackman bet the biggest bond insurer was a fraud. The market laughed; then the system collapsed.
4.14
927
🐻 Short Selling🏚️ 2008 Financial Crisis🦈 Activist Investors
Confidence Game Summary
Confidence Game 88%
Bill Ackman bet the biggest bond insurer was a fraud. The market laughed; then the system collapsed.
by Christine S. Richard 2010
4.14
927 ratings
🐻 Short Selling🏚️ 2008 Financial Crisis🦈 Activist Investors
When Genius Failed
by Roger Lowenstein • 2000
Two Nobel laureates and a trillion dollars in bets. Then a Russian default upended the models.
4.20
32k+
🏦 Hedge Funds🔥 Financial Crises🛡️ Risk Management
When Genius Failed Summary
When Genius Failed 88%
Two Nobel laureates and a trillion dollars in bets. Then a Russian default upended the models.
by Roger Lowenstein 2000
4.20
32k+ ratings
🏦 Hedge Funds🔥 Financial Crises🛡️ Risk Management
Margin of Safety
by Seth A. Klarman • 1991
Find hidden bargains, demand a deep discount, and wait for the catalyst that pays.
4.33
7k+
💰 Value Investing📊 Business Valuation🔍 Special Situations
Margin of Safety Summary
Margin of Safety 88%
Find hidden bargains, demand a deep discount, and wait for the catalyst that pays.
by Seth A. Klarman 1991
4.33
7k+ ratings
💰 Value Investing📊 Business Valuation🔍 Special Situations
The Go-Go Years
by John Brooks • 1973
The 1960s market repeated 1929's excess and its crash. Two improbable men improvised a rescue.
3.82
305
🏛️ Financial History🏢 Wall Street Culture🫧 Market Bubbles
The Go-Go Years Summary
The Go-Go Years 88%
The 1960s market repeated 1929's excess and its crash. Two improbable men improvised a rescue.
by John Brooks 1973
3.82
305 ratings
🏛️ Financial History🏢 Wall Street Culture🫧 Market Bubbles
Griftopia
by Matt Taibbi • 2010
From the ballot box to the commodities pit, one unified hustle is picking every American pocket.
4.16
10k+
📰 Financial Journalism🫧 Bubble Economics🏛️ Systemic Corruption
Griftopia Summary
Griftopia 88%
From the ballot box to the commodities pit, one unified hustle is picking every American pocket.
by Matt Taibbi 2010
4.16
10k+ ratings
📰 Financial Journalism🫧 Bubble Economics🏛️ Systemic Corruption
The Invisible Hands
by Steven Drobny • 2010
Pensions and endowments manage trillions; 2008 exposed their model as an illusion.
3.88
399
🏦 Institutional Investing📈 Hedge Funds🧩 Asset Allocation
The Invisible Hands Summary
The Invisible Hands 88%
Pensions and endowments manage trillions; 2008 exposed their model as an illusion.
by Steven Drobny 2010
3.88
399 ratings
🏦 Institutional Investing📈 Hedge Funds🧩 Asset Allocation
More Money Than God
by Sebastian Mallaby • 2010
How a handful of secretive traders amassed power to rival central banks and rewired global finance.
4.11
10k+
🏦 Hedge Funds📜 Financial History🏛️ Wall Street
More Money Than God Summary
More Money Than God 88%
How a handful of secretive traders amassed power to rival central banks and rewired global finance.
by Sebastian Mallaby 2010
4.11
10k+ ratings
🏦 Hedge Funds📜 Financial History🏛️ Wall Street
Flash Boys
by Michael Lewis • 2014
Wall Street's speed advantage rigs the market. A team of outsiders built a fair exchange.
4.14
91k+
📡 High-Frequency Trading🏦 Wall Street Exposé💻 Electronic Markets
Flash Boys Summary
Flash Boys 88%
Wall Street's speed advantage rigs the market. A team of outsiders built a fair exchange.
by Michael Lewis 2014
4.14
91k+ ratings
📡 High-Frequency Trading🏦 Wall Street Exposé💻 Electronic Markets
A Demon of Our Own Design
by Richard Bookstaber • 2007
Why safer economies create more volatile markets: a hidden design flaw that turns progress to peril.
3.92
1k+
🏦 Financial Markets⚠️ Systemic Risk🔧 Financial Engineering
A Demon of Our Own Design Summary
A Demon of Our Own Design 88%
Why safer economies create more volatile markets: a hidden design flaw that turns progress to peril.
by Richard Bookstaber 2007
3.92
1k+ ratings
🏦 Financial Markets⚠️ Systemic Risk🔧 Financial Engineering
Don't Count on It!
by John C. Bogle • 2010
Mutual funds went from serving investors to extracting from them. The exit costs nearly zero.
3.74
162
🧱 Index Investing💸 Costs And Fees🏛️ Corporate Governance
Don't Count on It! Summary
Don't Count on It! 88%
Mutual funds went from serving investors to extracting from them. The exit costs nearly zero.
by John C. Bogle 2010
3.74
162 ratings
🧱 Index Investing💸 Costs And Fees🏛️ Corporate Governance
The Trader's Guide to Key Economic Indicators
by Richard Yamarone • 2004
Twelve indicators drive every market move. Here's how to read them before the headline hits.
3.81
37
📊 Economic Indicators🌐 Macro Trading🔄 Business Cycles
The Trader's Guide to Key Economic Indicators Summary
The Trader's Guide to Key Economic Indicators 88%
Twelve indicators drive every market move. Here's how to read them before the headline hits.
by Richard Yamarone 2004
3.81
37 ratings
📊 Economic Indicators🌐 Macro Trading🔄 Business Cycles
Little Book of Bull's Eye Investing
by John Mauldin • 2012
The buy-and-hold playbook fails in flat markets. A strategy for returns without a rising tide.
3.36
137
🐻 Bear Market Strategies📉 Market Cycles💰 Value Investing
Little Book of Bull's Eye Investing Summary
Little Book of Bull's Eye Investing 88%
The buy-and-hold playbook fails in flat markets. A strategy for returns without a rising tide.
by John Mauldin 2012
3.36
137 ratings
🐻 Bear Market Strategies📉 Market Cycles💰 Value Investing
Money Changes Everything
by William N. Goetzmann • 2016
Five thousand years of contracts and compound interest built cities, empires, and global trade.
4.03
530
🏦 Financial History🌏 Comparative Economics🏛️ Sovereign Debt
Money Changes Everything Summary
Money Changes Everything 88%
Five thousand years of contracts and compound interest built cities, empires, and global trade.
by William N. Goetzmann 2016
4.03
530 ratings
🏦 Financial History🌏 Comparative Economics🏛️ Sovereign Debt
You Can Be a Stock Market Genius
by Joel Greenblatt • 1997
Wall Street dumps spinoffs without looking. That blind spot is your best edge.
4.22
9k+
🎯 Special Situations📊 Value Investing🔄 Contrarian Investing
You Can Be a Stock Market Genius Summary
You Can Be a Stock Market Genius 88%
Wall Street dumps spinoffs without looking. That blind spot is your best edge.
by Joel Greenblatt 1997
4.22
9k+ ratings
🎯 Special Situations📊 Value Investing🔄 Contrarian Investing
Pound Foolish
by Helaine Olen • 2012
The personal finance industry wants you anxious, not wealthy. Your worry is their business model.
3.67
2k+
🦈 Predatory Finance🔍 Investigative Journalism💥 Anti-Self-Help
Pound Foolish Summary
Pound Foolish 88%
The personal finance industry wants you anxious, not wealthy. Your worry is their business model.
by Helaine Olen 2012
3.67
2k+ ratings
🦈 Predatory Finance🔍 Investigative Journalism💥 Anti-Self-Help
The Clash of the Cultures
by John C. Bogle • 2012
Your fund manager trades constantly. The index fund pioneer showed why that helps them, not you.
3.87
749
📊 Index Investing💼 Mutual Funds🧠 Investment Philosophy
The Clash of the Cultures Summary
The Clash of the Cultures 88%
Your fund manager trades constantly. The index fund pioneer showed why that helps them, not you.
by John C. Bogle 2012
3.87
749 ratings
📊 Index Investing💼 Mutual Funds🧠 Investment Philosophy
Swimming With Sharks
by Joris Luyendijk • 2015
Inside London's financial tribe: how it nearly collapsed the world economy, and why it still could.
3.84
7k+
🏦 Investment Banking💥 Financial Crisis⚠️ Systemic Risk
Swimming With Sharks Summary
Swimming With Sharks 88%
Inside London's financial tribe: how it nearly collapsed the world economy, and why it still could.
by Joris Luyendijk 2015
3.84
7k+ ratings
🏦 Investment Banking💥 Financial Crisis⚠️ Systemic Risk
Martin Zweig Winning on Wall Street
by Martin Zweig • 1986
Fourteen buy signals in thirty years, thirteen winners. A money manager's formula for market timing.
3.83
344
⏱️ Market Timing🏦 Monetary Policy📈 Momentum Investing
Martin Zweig Winning on Wall Street Summary
Martin Zweig Winning on Wall Street 88%
Fourteen buy signals in thirty years, thirteen winners. A money manager's formula for market timing.
by Martin Zweig 1986
3.83
344 ratings
⏱️ Market Timing🏦 Monetary Policy📈 Momentum Investing
A Nation of Deadbeats
by Scott Reynolds Nelson • 2012
American booms and busts trace to borrowed optimism meeting foreign distrust.
3.69
136
📜 American Economic History📉 Financial Panics🫧 Speculative Bubbles
A Nation of Deadbeats Summary
A Nation of Deadbeats 88%
American booms and busts trace to borrowed optimism meeting foreign distrust.
by Scott Reynolds Nelson 2012
3.69
136 ratings
📜 American Economic History📉 Financial Panics🫧 Speculative Bubbles
The Long Good Buy
by Peter C. Oppenheimer • 2020
Markets repeat the same four-phase cycle. Reading it right means buying when hope looks stupid.
4.05
176
📈 Market Cycles📊 Asset Allocation🐻 Bear Markets
The Long Good Buy Summary
The Long Good Buy 88%
Markets repeat the same four-phase cycle. Reading it right means buying when hope looks stupid.
by Peter C. Oppenheimer 2020
4.05
176 ratings
📈 Market Cycles📊 Asset Allocation🐻 Bear Markets
The Aggressive Conservative Investor
by Martin J. Whitman • 2005
The market isn't efficient. Accounting isn't truth. Real value hides in assets, not earnings.
3.82
553
💼 Value Investing📑 Fundamental Analysis🧠 Contrarian Investing
The Aggressive Conservative Investor Summary
The Aggressive Conservative Investor 88%
The market isn't efficient. Accounting isn't truth. Real value hides in assets, not earnings.
by Martin J. Whitman 2005
3.82
553 ratings
💼 Value Investing📑 Fundamental Analysis🧠 Contrarian Investing
The Manual of Ideas
by John Mihaljevic • 2013
Turn stock research into a repeatable system for finding the market's most mispriced companies.
4.06
933
💰 Value Investing🔍 Deep Value🎯 Special Situations
The Manual of Ideas Summary
The Manual of Ideas 88%
Turn stock research into a repeatable system for finding the market's most mispriced companies.
by John Mihaljevic 2013
4.06
933 ratings
💰 Value Investing🔍 Deep Value🎯 Special Situations
Barbarians at the Gate
by Bryan Burrough • 1989
A CEO's bid to buy his company unleashes Wall Street's biggest takeover war.
4.29
45k+
🏢 Corporate Takeover📰 Business Journalism🪑 Boardroom Politics
Barbarians at the Gate Summary
Barbarians at the Gate 88%
A CEO's bid to buy his company unleashes Wall Street's biggest takeover war.
by Bryan Burrough 1989
4.29
45k+ ratings
🏢 Corporate Takeover📰 Business Journalism🪑 Boardroom Politics
The Big Short
by Michael Lewis • 2010
Wall Street bet housing never falls. A few misfits read the fine print and won billions.
4.30
172k+
🏦 Financial Crises🏠 Housing Bubble💰 Wall Street
The Big Short Summary
The Big Short 88%
Wall Street bet housing never falls. A few misfits read the fine print and won billions.
by Michael Lewis 2010
4.30
172k+ ratings
🏦 Financial Crises🏠 Housing Bubble💰 Wall Street
Goldman Sachs
by Lisa Endlich • 1999
One rule built Wall Street's last private giant: every partner was personally liable for every loss.
3.50
646
🏦 Investment Banking📜 Wall Street History🏢 Corporate History
Goldman Sachs Summary
Goldman Sachs 88%
One rule built Wall Street's last private giant: every partner was personally liable for every loss.
by Lisa Endlich 1999
3.50
646 ratings
🏦 Investment Banking📜 Wall Street History🏢 Corporate History
Bull
by Maggie Mahar • 2003
The 1982-2000 boom was a psychological epidemic, not a market miracle. Every institution caught it.
4.06
788
🏛️ Financial History🔄 Market Cycles🧠 Market Psychology
Bull Summary
Bull 88%
The 1982-2000 boom was a psychological epidemic, not a market miracle. Every institution caught it.
by Maggie Mahar 2003
4.06
788 ratings
🏛️ Financial History🔄 Market Cycles🧠 Market Psychology
Liar's Poker
by Michael Lewis • 1989
Two Fed decisions, not trader genius, created the 1980s bond fortune, and the men inside never knew.
4.15
113k+
🧱 Wall Street Culture💾 1980s Finance📈 Trading Memoirs
Liar's Poker Summary
Liar's Poker 88%
Two Fed decisions, not trader genius, created the 1980s bond fortune, and the men inside never knew.
by Michael Lewis 1989
4.15
113k+ ratings
🧱 Wall Street Culture💾 1980s Finance📈 Trading Memoirs
The Partnership
by Charles D. Ellis • 2008
The partnership culture that made Goldman Sachs unstoppable, and why success forced it to go public.
3.82
1k+
🇺🇸 American Business History🏛️ Wall Street History🏢 Corporate Biography
The Partnership Summary
The Partnership 88%
The partnership culture that made Goldman Sachs unstoppable, and why success forced it to go public.
by Charles D. Ellis 2008
3.82
1k+ ratings
🇺🇸 American Business History🏛️ Wall Street History🏢 Corporate Biography
It Takes a Pillage
by Nomi Prins • 2009
Bankers designed the crisis. Government paid the tab. The $13 trillion bill landed on your desk.
3.96
195
🏦 Investment Banking💰 Government Bailouts🏢 Too Big To Fail
It Takes a Pillage Summary
It Takes a Pillage 88%
Bankers designed the crisis. Government paid the tab. The $13 trillion bill landed on your desk.
by Nomi Prins 2009
3.96
195 ratings
🏦 Investment Banking💰 Government Bailouts🏢 Too Big To Fail
Broke, USA
by Gary Rivlin • 2010
How pawnshops and payday lenders turned the working poor into a multi-billion dollar market.
3.71
1k+
🦈 Predatory Lending🏚️ Poverty Economics🚪 Financial Exclusion
Broke, USA Summary
Broke, USA 88%
How pawnshops and payday lenders turned the working poor into a multi-billion dollar market.
by Gary Rivlin 2010
3.71
1k+ ratings
🦈 Predatory Lending🏚️ Poverty Economics🚪 Financial Exclusion
Exile on Wall Street
by Mike Mayo • 2011
Wall Street learned nothing from 2008. One analyst who saw it coming explains why.
3.69
260
🏦 Banking Industry📖 Wall Street Memoirs📉 Financial Crises
Exile on Wall Street Summary
Exile on Wall Street 88%
Wall Street learned nothing from 2008. One analyst who saw it coming explains why.
by Mike Mayo 2011
3.69
260 ratings
🏦 Banking Industry📖 Wall Street Memoirs📉 Financial Crises
What Happened to Goldman Sachs
by Steven G. Mandis • 2013
Goldman's handshake culture eroded when it went public, scaled, and let legalism replace ethics.
3.60
208
🏦 Wall Street📈 Investment Banking🏢 Corporate Culture
What Happened to Goldman Sachs Summary
What Happened to Goldman Sachs 88%
Goldman's handshake culture eroded when it went public, scaled, and let legalism replace ethics.
by Steven G. Mandis 2013
3.60
208 ratings
🏦 Wall Street📈 Investment Banking🏢 Corporate Culture
The Volatility Machine
by Michael Pettis • 2001
A country's debt is a machine that turns small external shocks into full-blown financial collapses.
4.51
143
🏦 Emerging Markets💸 Sovereign Debt📉 Financial Crises
The Volatility Machine Summary
The Volatility Machine 88%
A country's debt is a machine that turns small external shocks into full-blown financial collapses.
by Michael Pettis 2001
4.51
143 ratings
🏦 Emerging Markets💸 Sovereign Debt📉 Financial Crises
Black Edge
by Sheelah Kolhatkar • 2017
When the FBI wiretapped a hedge fund, they found traders swapping illegal secrets for millions.
4.20
17k+
💰 Hedge Funds🕵️ Insider Trading👔 White Collar Crime
Black Edge Summary
Black Edge 88%
When the FBI wiretapped a hedge fund, they found traders swapping illegal secrets for millions.
by Sheelah Kolhatkar 2017
4.20
17k+ ratings
💰 Hedge Funds🕵️ Insider Trading👔 White Collar Crime
Hedgehogging
by Barton Biggs • 2005
One thousand hedge funds die every year. The psychological gauntlet that kills them.
3.75
2k+
🏦 Hedge Fund Industry✍️ Wall Street Memoir🔁 Contrarian Investing
Hedgehogging Summary
Hedgehogging 88%
One thousand hedge funds die every year. The psychological gauntlet that kills them.
by Barton Biggs 2005
3.75
2k+ ratings
🏦 Hedge Fund Industry✍️ Wall Street Memoir🔁 Contrarian Investing
Crisis Economics
by Nouriel Roubini • 2010
Financial crises are not rare. They are predictable, systemic, and already brewing again.
3.84
3k+
💥 Financial Crises🌐 Global Finance⚠️ Systemic Risk
Crisis Economics Summary
Crisis Economics 88%
Financial crises are not rare. They are predictable, systemic, and already brewing again.
by Nouriel Roubini 2010
3.84
3k+ ratings
💥 Financial Crises🌐 Global Finance⚠️ Systemic Risk
Bart Ehrman and the Quest of the Historical Jesus of Nazareth
by Frank R. Zindler • 2013
Your 60/40 portfolio is an equity bet. The multi-dimensional approach to genuine diversification.
3.82
68
🏗️ Asset Allocation📊 Portfolio Management🧩 Factor Investing
Bart Ehrman and the Quest of the Historical Jesus of Nazareth Summary
Bart Ehrman and the Quest of the Historical Jesus of Nazareth 88%
Your 60/40 portfolio is an equity bet. The multi-dimensional approach to genuine diversification.
by Frank R. Zindler 2013
3.82
68 ratings
🏗️ Asset Allocation📊 Portfolio Management🧩 Factor Investing
A Colossal Failure of Common Sense
by Lawrence G. McDonald • 2009
Lehman borrowed forty to one, bet on housing, and fired everyone who saw the crash coming.
3.91
3k+
🏦 Wall Street💼 Investment Banking📉 2008 Financial Crisis
A Colossal Failure of Common Sense Summary
A Colossal Failure of Common Sense 88%
Lehman borrowed forty to one, bet on housing, and fired everyone who saw the crash coming.
by Lawrence G. McDonald 2009
3.91
3k+ ratings
🏦 Wall Street💼 Investment Banking📉 2008 Financial Crisis
Where Are the Customers' Yachts?
by Fred Schwed Jr. • 1940
Wall Street's professionals work for themselves, not you. A 1940 satire that still explains it.
3.88
3k+
🏦 Wall Street📈 Investing🧐 Financial Skepticism
Where Are the Customers' Yachts? Summary
Where Are the Customers' Yachts? 88%
Wall Street's professionals work for themselves, not you. A 1940 satire that still explains it.
by Fred Schwed Jr. 1940
3.88
3k+ ratings
🏦 Wall Street📈 Investing🧐 Financial Skepticism
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⭐
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38% OFF
DISCOUNT FOR YOU
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only $4.16 per month
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