Is Liars Poker a True Story?

Liar’s Poker is the story of Michael Lewis’ experience as a bond trader on Wall Street during the 1980s. The book is a non-fiction account of the author’s time working at the now-defunct investment bank, Salomon Brothers.

Lewis provides readers with a first-hand look at the culture of greed and excess that defined Wall Street during that era.

The book gets its name from a popular poker game that was played by the traders at Salomon Brothers. In the game, players bet on the truthfulness of statements made by other players.

PRO TIP:Although Liars Poker is a novel, the story is based on real-life experiences of author Michael Lewis. He worked as a bond salesman on Wall Street in the 1980s and wrote about his time there in the novel.

The game was used as a way to gauge one’s ability to read people and to make quick, accurate decisions.

While Liar’s Poker is not a true story in the traditional sense, it is an accurate portrayal of life on Wall Street during the 1980s. Lewis does an excellent job of capturing the culture of greed and excess that defined that era.

If you’re interested in learning more about that time period, then Liar’s Poker is definitely worth reading.