What books are great to read for breaking into Wall Street?
I am a president at my investment club at college, and I am wondering if anyone has good recommendations on what to during our college seminars. I am planning to become a future stockbroker later after my internship at BB. I also heard that the movie "Trading Places" is a good start to show our club during meetings. I may have to look into this further, thanks all.
Rakesh Mobad - Future Aspiring Wall Streetee
A lot of threads and discussions on this, https://www.wallstreetoasis.com/forums/best-books-on-wall-streetfinance…
Books for a newbie interested in a career in finance/consulting? (Originally Posted: 07/21/2012)
Hello,
Im a college student considering a career in finance or consulting. Are there any books you guys would recommend to a total newbie to get started? I have some time this summer during my breaks/weekends etc.
Barbarians at the Gate - just because Liar's Poker Intelligent Investor Security Analysis by Graham and Dodd - If you want to really dip your balls into some knowledge.
Rosenbaum's IBanking: Valuation, LBOs and M&A.
Monkey Business
Fooling some of the people all of the time
Forgot about Monkey Business. Entertaining read, made for the newbie / recent grad.
This is mainly (although not exclusively) for Investment Banking:
Theoretical: The McKinsey "Valuation" book "Investment Valuation" by Damodaran
Practical: "Investment Banking" by Rosenbaum and Pearl
Lifestyle: "Monkey Business" "Liar's Poker"
Classic read: "Barbarians at the Gate"
Cases: "Case-in-Point" by Cosentino
Too Big to Fail for recent/current goings-on in finance
just picked up Rosenbaum's book.
Wouldn't you think some of these titles may be a little dense and for someone only considering a career in finance/consulting? I would stick with easy titles to start - there's no need to pick up Damadoran or Rosenbaum's books unless you're really serious.
Said before but some of these light reads are: Barbarians at the Gate - Leveraged buyout of RJR Nabisco and touches on the rise of the junk bonds Monkey Business - Funny day in the life of an IB associate The Greatest Trade Ever - John Paulson's hedge fund capitalizing on the mortgage crisis When Genius Failed - Academics found quant based hedge fund that leverages to the hill until their models fall apart
That should get you started.
Any entertaining reads similar to Monkey Business for the consulting world?
It's one of those books that tries to be douchey like LSO but falls short. It's one of the more satirical/bitter views of the industry, I'd say. Definitely not something you'd read to get a "feel" for the business but if you want a few laughs then it's alright. Personally, I say skip all that and just read something like Consulting 101 or any of the McKinsey books (McK Way, McK Engagement, McK Mind).
Is there a book which discusses all the fields of finance? (Originally Posted: 04/02/2016)
I'm looking for a book, that basically lists and describes all the careers in finance like what is investment banking, what an investment banker does, how to get into investment banking etc and answers the same questions of other finance careers as well like private equity, management consulting, hedge funds etc. Basically it tells "everything" about careers and industries in finance.
Vault Guide to Finance Interviews
Best book about current Wall Street? (Originally Posted: 11/07/2009)
What are some good books portraying an accurate picture of the current state of Wall Street? What are your opinions of: Colossal Failure, House of Cards, Too Big to Fail, and others?
I would like to know as well but I would like a current book more like from the view of one person (similar to Liars Poker and Monkey Business) but written within the past few years. Preferably about banking and not trading.
.
If you're looking for something like Liar's Poker, Street Fighters was a really enjoyable read. It's all about the last 72 hours of Bear Stearns. Not long on technical detail, but a really quick read.
Street Fighters: The Last 72 Hours of Bear Stearns, the Toughest Firm on Wall Street
I'll look into Street Fighters Edmundo, anyone have other suggestions?
Gods at War, by the NY Times' Steven Davidoff
http://www.amazon.com/Gods-War-Takeovers-Government-Implosion/dp/047043…
I liked ScoopBooks Guide to I-banking. I found it to help a lot.
The Last Tycoons (same author as House of Cards which I think is written extremely well)
Great new book - Covers almost all the wall street careers (Originally Posted: 03/31/2010)
Hi everyone,
just wanted to suggest this great new book I read, it covers almost all the wall street careers, and gives a great insight into the new financial world.
http://www.amazon.com/Money-Makers-Inside-Finance-Business/dp/023061401…
Enjoy!
-MMonkey
Agree, good book. Quick read. Great to have insight from top people all in one place. Would highly recommend to people beginning to think about wall street jobs.
Just skimmed some pages on Amazon - looks pretty good but probably for a beginner / undergrad student who doesn't know much about finance.
thanks for the heads up. just downloaded to my kindle!
Good Finance Books (Originally Posted: 11/11/2011)
Hi monkeys,
So I've got the following books in pdf format, and would appreciate a SB in return for these amazing finance texts.
1) Jesse Livermore - Reminiscences of a Stock Operator 2) Jeremy Siegel - Stocks for the Long Run 3) Adam Zoia - Getting a Job in Hedge Funds 4) Antulio Bomfim - Understanding Credit Derivatives and Related Instruments
PM me if you want these books!
bump
bump X 2
Anyone else?
Update: Nassim Taleb's 'Fooled by Randomness' Annette Thau's 'The Bond Book'
PM me if you want. Thanks.
Finance books on kindle (Originally Posted: 12/16/2011)
Do these copy across well? Packing up some reading material for the holidays and am hoping to get these on a kindle rather than lugging them around with me, but i'm worried the diagrams wont come over/ make sense.
Anyone confirm from experience?
Well, assuming you already own a Kindle you can download a preview of the book (i.e. Chapter 1) and see how you like it. If you don't own a Kindle, then for the most part it's ok, looking closely at graphs can be tricky and a bit time consuming.
.
You can preview it on Amazon even if you don't own a kindle through their online kindle app just find the kindle version and preview it on their website. Also you don't need a kindle to read kindle books you can download the kindle app onto your computer.
Good books for career info across finance sector? (Originally Posted: 06/07/2012)
Hi all. I'm looking for recommendations for good career info books which go through the various job and career options available in finance, with a run down of what that job entails, etc. I'm going to be doing a finance masters and realise that I haven't yet pinned down the ultimate role I want to achieve so I need to make sure which finance masters and specializations would be best. There are so many job titles, job specs, etc. out there that it would be a massive help to get something which is pretty comprehensive.
Any suggestions?
http://www.careers-in-finance.com/ should help out
Thanks for that SirBarney! Looks like there's loads of good info on there. Investopedia also have some good articles. There isn't any established career book as such for this area at all is there?
This is for careers within banking:
http://www.unofficialguidetobanking.com/
Must read books (Originally Posted: 07/13/2013)
Rarely have i completed a book i started reading (including college textbooks). However someone recommended to me Case in Point, and i found it not only useful for its purpose (i.e. a prep reference for prospective consultants) but also very interesting in its style.
I wonder what books you guys have come across and found worth the time and attention that one might dedicate to. I dont mind reading about anything so long as the content is appealing and the delivery style is interesting.
Trolls: may i suggest to you the girlfriend/boyfriend thread next to this one? Mwaaah
Fountainhead. You'll learn more about the spirit of entrepreneurship from this book than anything you'll find in an MBA program.
Ummm...Hello? ↓ ↓ ↓ ↓
Fountainhead for sure, I reread it every year. And I'm halfway through Eddie's book, it's pretty wild
How to use the WSO Search Bar by Will Hunting
Very helpful, could save you time, and change the way you view other members on this site. For instance, people who post topics that have been talked about ad nauseum.
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