Fun read! This is a compilation of essays from the 1980s and early 90s. It is truly interesting to read these essays in light of their original context and the coming events.
These essays offer a unique perspective on the times, capturing the thoughts, ideas, and concerns of that era. By reading them, we can gain a better understanding of the social, political, and cultural climate that prevailed during those years.
Moreover, looking at these essays in relation to the events that followed provides an opportunity for reflection and analysis. We can see how the ideas and trends presented in the essays influenced or were influenced by the developments that took place in the years to come.
Overall, this compilation of essays is not only a fun read but also a valuable historical resource that enriches our understanding of the past and its connection to the present.
It was a truly very enjoyable read. Michael Lewis was writing around the same time when he was still employed at Salomon Brothers, a period that was chronicled in his famous work, Liar's Poker. I have a great affection for Lewis's writing, especially when he is in the role of a reporter. In this piece, he delves deep and dissects some of the major bugaboos that were obsessing the finance world during the post-Black Monday period of the late 80s and early 90s. The articles specifically on leveraged buyouts (LBOs) were my absolute favorite. However, I also had a great deal of love for the final section that focused on Japan. Even 30 years later, this work remains not only very entertaining but also highly informative. It offers a fascinating glimpse into the financial landscape of that era and the issues that were of utmost importance at that time.