Interview & New Partnership with Jared Dillian, Author of Street Freak

WSO is happy to announce a new partnership with Jared Dillian, former head ETF trader at Lehman, author of Street Freak and The Daily Dirtnap. WSO readers qualify for a $100 discount from Jared's daily market newsletter...just email [email protected] and mention "WSO Monkey Discount." You can follow Jared on twitter at @dailydirtnap

Every month (starting tomorrow), we will get one sneak peak into his popular market newsletter and hear from Jared on another topic of our choosing. We hope you enjoy his writing as much as we do here at WSO.

More info on the Daily Dirtnap below, but as an intro to Jared, we thought it would be best to replay the interview Eddie had with Jared a few months ago right here on WSO:

Jared worked for Lehman Brothers from 2001 until their collapse in 2008, and he has a story like no other. He doesn't use the word "madness" in the title casually; he actually suffers bipolar disorder and developed OCD while working as head of ETF trading for Lehman. Seriously, stop what you're doing and go read this book. Here's why:

Street Freak was named Businessweek's #1 General Business book of 2011 Street Freak: A Memoir of Money and Madness.

The Daily Dirtnap is a market newsletter for professional investors.

From his website:

Q: what will i receive with this subscription?
A: you'll get eleven months of market commentary, at least one piece for every business day, or about 225 days. but you will probably get much more than that. when you subscribe, you will join a fraternity of people who love markets, love to think about them, to talk about them, and to have fun.

Q: what are your strengths?
A: ETFs, indices, programs, liquidity, rates, currencies, and macro. and i am the czar of market psychology.

For more info about the dailydirtnap, visit dailydirtnap.com

25 Comments
 

Eddie how about you stop plugging other peoples books and finish yours so I can go buy it.

If I had asked people what they wanted, they would have said faster horses - Henry Ford
 
Edmundo Braverman
happypantsmcgeeEddie how about you stop plugging other peoples books and finish yours so I can go buy it.

Get off me, Happy. I actually worked on it today for the first time in months.

I have been literally trying to give you money for months.
If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

Is that Eddie Braverman? I thought Eddie was british.

But Rhaegar fought valiantly, Rhaegar fought nobly, Rhaegar fought bravely. And Rhaegar died.
 

Fucking love this book and this dude. Props for the interview Eddie. And I second HPM... I'd buy the fuck out of your book, and I'd sleep with it every night

 
BlackHatFucking love this book and this dude. Props for the interview Eddie. And I second HPM... I'd buy the fuck out of your book, and I'd sleep with it every night

Likewise.

Metal. Music. Life. www.headofmetal.com
 
Best Response

Yeah, that's something I thought about mentioning, but the comparison to Liar's Poker of just about every book published on finance is pretty tired.

In this case, however, I think it's appropriate. It's a lot like Liar's Poker in that it's really funny and it's full of great stories. It's quite a bit different, however, because Liar's Poker was basically told from an outsider's perspective (sure Lewis worked for Salomon at the time, but even he would admit that he was never a part of their culture and was merely an observer for a few years) where Street Freak is written by a consummate insider.

Street Freak is not just a series of dispassionate and ironic observations; Jared really makes you feel like you're being persecuted (and at one point even pursued) by the SEC. His descent into madness is a visceral thing. I don't want to seem like I'm pimping the book like there's no tomorrow, but I'm not exaggerating when I say it was one of the best books I read last year. Liar's Poker is a classic, but Street Freak is a more than worthy successor.

 

Doloribus iure id facilis sed. Vero optio odit repellat nostrum odio vitae sit. Quod saepe eveniet tempore possimus voluptas sit voluptate. Aut esse molestias cupiditate consequatur et.

Pariatur temporibus dolor quia hic et. Expedita ad rerum maxime dicta voluptatem. Dolor deserunt suscipit libero magnam fugiat. Assumenda sed soluta quam modi veniam ratione.

 

Ut quia iste omnis et tenetur. Nemo error vero explicabo nihil. Rerum incidunt dignissimos provident.

Deleniti itaque esse fuga ut consequatur quisquam. Facilis labore omnis et velit provident recusandae.

Aliquid porro nihil distinctio eos nostrum corporis qui. Ut aliquam animi perferendis asperiores cumque. Voluptatem est sint excepturi corporis sequi sequi reiciendis. Qui ut voluptatem modi reprehenderit ex excepturi nam. Aut explicabo quae dicta non placeat.

Assumenda ipsam deleniti voluptatum qui consequuntur. Voluptates quis rerum sunt. Aperiam vel repudiandae voluptatem. Sunt alias in consequatur qui. Nihil enim esse dolorem ipsum nesciunt quidem quidem. Ad blanditiis ea nisi. Itaque nemo porro non nulla.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”