Books to Read
IB
(Chimp, 9
Points)
on 8/8/12 at 5:47pm
I am an analyst for a diversified holding company. This is my first real job out of college and in finance. My major was not related to finance, so suffice it to say, I am not as prepared for this as I could be. My employer told me to buy some books on valuation, bonds (specifically MBS's as well as repos), and accounting. I'm also thinking of taking a modeling/valuation course.
What are the best? I will only have time for one of each.





Veronesi's Fixed Income book
Veronesi's Fixed Income book is superb for bonds/mbs/repos... Also Fabozzi is a bit of a classic
"Every man should lose a battle in his youth, so he does not lose a war when he is old"
Liar's Poker by Micheal
Liar's Poker by Micheal Lewis
It's about the origination of MBSs. Must read.
I'll do what I can to help ya'll. But, the game's out there, and it's play or get played.
In before the imminent
In before the imminent "Investment Banking" by Rosenbaum post. This is like the 5th post on books in the past 2 weeks.
Here to learn and hopefully pass on some knowledge as well. SB if I helped.
How do you get such a job
How do you get such a job without already knowing all this stuff?
@pplstuff: Already read. The
@pplstuff: Already read. The Big Short is more applicable it seems. Both are fascinating. Now we're talking about books and other resources that will really help me to do my job well.
@markhobbus: I'm not really sure what you're asking, but I got interviews through networking and reading the WSJ daily, and got job offers through doing my best to be likeable while pulling out useful things from the interview guides found on WSO, M&I, and Vault. That was certainly some preparation, but not nearly enough.
Graham-Dodd Securities
Graham-Dodd Securities Valuation
interest rate markets
interest rate markets
There are WSO recommended
There are WSO recommended reading lists under the FAQs .
If I had asked people what they wanted, they would have said faster horses - Henry Ford
markhobbus: How do you get
How do you get such a job without already knowing all this stuff?
His last name rhymes with banderbilt, shmellon, or jockefeller.
"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan
couchy: interest rate
interest rate markets
I second this one. Great book for ramping up your understanding of MBS, swaps...
http://www.amazon.com/Interest-Rate-Markets-Practi...
Under my tutelage, you will grow from boys to men. From men into gladiators. And from gladiators into SWANSONS.