Michael Steinhardt is a legendary investor. In 1967, Steinhardt founded the hedge fund Steinhardt, Fine, Berkowitz & Co. From 1967 to 1995, the hedge fund returned 24.5% annually after fees.

Damn, it Feels Good to Be a Banker is a satirical account of life as an investment banking analyst in New York at a top tier bulge bracket investment bank. The book is written by Leveraged Sell-Out, the author of the Leveraged Sell-Out blog. One disappointment is that Leveraged Sell-Out was not actually a banker, but rather a strategy consultant that lived with many banking analysts. Still based on my buy-side experience and the stories my banking friends have told me this book contains many underlying truths.

This is part of a series of future posts summarizing and analyzing key points made by traders interviewed in Market Wizards by Jack D. Schwager. Market Wizards is a collection of interviews with some of the world’s most successful traders and investors including Paul Tudor Jones, Michael Steinhardt, and Bruce Kovner. The book is widely recommended by traders and investment professionals and is included on the Sharpe Investing Recommended Reading List.
This first post focuses on a section about Larry Hite titled Respecting Risk. Managing risk is the key focus of Hite’s investment strategy. …

I am very interested in investment banking. Currently, I am searching for internships related to investment banking, asset management, or equity research. WallStreetOasis.com is a great resource for this job search. The forum contains a wide variety of wall street professionals and other students searching for similar careers. Combined, the group serves to facilitate a great environment for learning more about the interview process and wall street careers in general.

I just finished reading Liar’s Poker by Michael Lewis. Liar’s Poker is Lewis’s account of his four years (from 1984-1987) working on Wall Street for Salomon Brothers. This book is also on the Sharpe Investing Recommended Reading List. Lewis details his career from the first days of training to his later success in bond sales and trading.
The book is filled with Wall Street greed, trickery, deceit, innovation, and power struggles. I think this book is an excellent and very enjoyable read, and I would highly recommend Liar’s Poker to anyone interested in …

The following are books I have read and am currently reading.
These books focus on a wide variety of finance, investing, and economics topics. I have learned a great deal by reading and studying a variety of information, including many books.
Many of these books are highly recommended by investment professionals and academics. I hope you will learn more by reading and enjoying these books.
Currently Reading:
1. The Partnership: The Making of Goldman Sachs - Charles Ellis
Finished Reading:
1. The Practitioner’s Guide to Investment Banking, Mergers & Acquisitions, Corporate Finance - Jerilyn Castillo and Peter McAniff
2. …