Books About Wall Street

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Wall Street is situated in the Financial District of Manhattan, New York. It has been known as the money capital of America since the 19th century, and still represents the powerful American financial sector. The movie The Wolf of Wall Street gave ordinary people a glimpse into the wheeling and dealing life of investment and speculation. Here are some more books about Wall Street

1. 45 Years in Wall Street by William Gann
The book explains the rules of investment and is helpful for portfolio management.
2. Too Big to Fail:
The Inside Story of How Wall Street and Washington Fought to Save the Financial System from Crisis- and Themselves by Andrew Ross Sorkin This book tells of the events that led to the stock market crash of 2008.
3. Confessions of a Street Addict by James J. Cramer
The author describes his life as a money manager.
4. A Random Walk Down Wall Street
The Time Tested Strategy for Successful Investment by Burton G. Malkiel This book is not just an investment guide. It takes lessons from the dot-com crash to educate investors on how not to manage their portfolios.
5. The Quants:
The math geniuses who brought down Wall Street by Scott Patterson Quantitative analysts were adroit in using computer programs. They wrongly believed that they could use these skills to beat the market.
6. Barbarians at the Gate:
The Fall of RJR Nabisco by Bryan Burrough and John Helyar This is the story of one of the largest takeovers in the history of Wall Street. Readers get to see the various levels at which business deals are made.
7. Bernard Baruch:
The Adventures of a Wall Street Legend by James Grant Baruch was a wildly successful investor. He was reputed to be a financial wizard, and was a presidential adviser.
8. The Accidental Investment Banker:
Inside the Decade that Transformed Wall Street by Jonathan Knee The author worked at Goldman Sachs and Morgan Stanley at a time when investment bankers were working in unscrupulous ways. His story is told with honesty laced with humour.
9. The House of Morgan:
An American Banking Dynasty and the Rise of Modern Finance by Ron Chernow This classic traces the history of the Morgans, and how this powerful banking dynasty shaped the world of finance.
10. The Last Tycoons:
The Secret History of Lazard Freres and Co. by William Cohan The name Lazard Freres was synonymous with wealth and power. But ego clashes between the men at the top led to the downfall of this legendary institution.
11. Beating the Street by Peter Lynch with John Rothchild
This book provides knowledgeable advice on finance and investment. It outlines ways to invest in companies by research. It is valuable for newcomers and experienced investors.
12. Liar’s Poker:
Rising Through the Wreckage on Wall Street by Michael Lewis In the late 1980s, the author was working with Salomon Brothers, selling bonds. Liar’s poker was the name of a high- stakes gambling game that brokers were fond of playing.
13. The Predators’ Ball:
The Inside Story of Drexel Burnham and the Rise of the Junk Bond Raiders by Connie Bruck This is the story of Michael Milken and Drexel Burnham Lambert, the finance company he worked at. His innovative schemes won millions for his firm, but those funds were used for hostile takeover bids. He eventually served prison time and the company went bankrupt.
14. The Bonfire of the Vanities by Tom Wolfe
This is a fictitious account of a Wall Street trader who has it all – wealth, women and power. His life changes drastically after he takes a wrong turning in the Bronx in New York.
15. Wall Street Stories by Edwin Lefevre
The author was a journalist, diplomat and writer in the 1900s. This collection of stories is classified as fiction but is based on real life luminaries in the world of finance. It provides a glimpse of life on Wall Street in the 1900s.

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