I hear a lot about Liars Poker and other books that seem to describe the lifestyle of financial professional or something. Though I'm sure these books are all incredible, I'd like to recommend everyone a book I'm reading right now. I'm not a paid spokesperson or anything of the sort (but am willing to talk if anyone's interested in a pale 6'1 sales specialist).
The Essays of Warren Buffett. The book organizes sayings by the oracle in regards to accounting, business management, investment philosophies and so on. I don't think anyone on here would argue Buffett is not good at what he does, or that we wouldn't want to be anything like him. I've virtually read or began to read nearly everything covering him, and this book (alongside the Snowball) is the best I've read.
I'd urge anyone interested in value investing to follow this sequence:
The Snowball - The Essays of Warren Buffett - Intelligent Investor - Security Analysis
Full Disclosure: I own all of these books, and am again not a paid spokes person, but rather a rising junior in college interested in value investing. If you have similar interests, PM me and we can talk
Poor Charlie's Almanack >>> all Buffett books
Dale Carnegie - How to Win Friends and Influence People
"Bank." By David Bleden.
It's a novel by a guy who worked in investment banking, about the life of an analyst. It's entertaining, not the most thought-provoking of books. But it would be of interest to everyone on this board.
I've been trying to get a hold of Poor Charlie's Almanack, can't justify throwing down $300 though :/
I read essays of warren buffett casually last summer and thoroughly enjoyed it. Definitely recommend.
Life As A Banker - Books? (Originally Posted: 01/10/2010)
What are some good books that detail life as a banker (written by former or current bankers themselves)?
The only one I can find is Monkey Business, but it may be a bit outdated (~10 Years Old)
Monkey business is a good start - while I don't think it's as intense these days, I certainly have days that mirror the days in monkey business.
If you really want to know what it's like, just talk to any analyst that you trust, who will just tell you it straight. It's not glamorous at all, you will sacrifice your social life for two years, and you will feel overwhelmed a lot of the time.
It's hard to really get this though unless you've done an internship, or have spent 5-6 months FT I think, since the grind of this job doesn't really hit you until you've had 4-6 months FT (with no light at the end of the tunnel like a SA program).
bank by david bledin is a good one
http://www.amazon.com/gp/product/031601673X?ie=UTF8&tag=timtee-20&linkC…
[quote=iambateman]bank by david bledin is a good one
http://www.amazon.com/gp/product/031601673X?ie=UTF8&tag=timtee-20&linkC…] Just ordered it. Looking forward to the read.
I second "Bank" by David Bledin. It's a bit embellished for entertainment, but definitely rooted in truth.
Thanks for your responses so far. Keep them coming!
I already graduated (in 2008), but I am curious as to any books which talk about life as an associate? (Since I will probably be applying to B-Schools 2-3 years from now).
monkey bus is about associate life
Plus he worked at a small elite shop. If you are at a BB it's not as intense as if some kid wrote about Moelis LA or something.
Current bankers are probably too busy to write many books.
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