TIP 067 : Liar's Poker by Michael Lewis (Business Podcast)
The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network
Stig Brodersen
4.6 • 3.6K Ratings
🗓️ 3 January 2016
⏱️ 46 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | We study billionaires and this is episode 67 of the Investors Podcast. |
| 0:06.0 | Broadcasting from Bel Air, Maryland. This is the Investors Podcast. |
| 0:14.0 | They'll read the books and summarize the lessons. They'll test the waters and tell you what it's called. |
| 0:20.0 | They'll give you actionable investing strategies. |
| 0:23.0 | Your host Preston Pish and Stake Broderson. |
| 0:29.0 | How's everybody doing out there? This is Preston Pish and I'm your host for the Investors Podcast. |
| 0:34.0 | As usual, I'm a company by my co-host Stake Broderson out in Denmark. |
| 0:38.0 | Today we've got another book for you. The name of the book this week is Liars Poker by Michael Lewis. |
| 0:44.0 | A couple episodes back we read the book Buffett, the Making of an American Capitalist. |
| 0:50.0 | In that book there was a lot of description and a lot of talk about his time dealing with Solomon Brothers |
| 0:55.0 | and the collapse that was almost going to occur until he stepped in and became the CEO. |
| 1:01.0 | So this book Liars Poker is all about Solomon Brothers and how that culture that Buffett was dealing with during that time |
| 1:10.0 | was really cultivated and grown because this book occurred. |
| 1:15.0 | I don't know how many years before Buffett was playing around in Solomon Brothers |
| 1:20.0 | but it was slightly before I want to say within five years before Buffett had to swoop in and basically save this company. |
| 1:26.0 | This book Liars Poker was written about the culture and basically growing up in Solomon Brothers. |
| 1:32.0 | This was written by Michael Lewis who is just one of the best financial writers out there. |
| 1:39.0 | So Michael Lewis started off working at Solomon Brothers and this book basically outlines his entire experience of working there. |
| 1:47.0 | I want to say he was there for maybe five years, is that right Stig? |
| 1:50.0 | Yeah, something like that. |
| 1:52.0 | Yeah, I think the book was from 89 so he was really describing all the crazy things that were happening on Wall Street in the 80s. |
| 1:59.0 | And one thing that comes to mind would be something like Buffett Wall Street or something like that. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Stig Brodersen, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Stig Brodersen and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.