February 10, 2022· 43 min

Michael Lewis on Why the World Is Still Reading “Liar’s Poker”

Orality
Model
68%
Oral-dominant (speeches, podcasts, storytelling)

Speaker Breakdown

HostJoe Weisenthal(1,310 words)
M:28%
HostTracy Alloway(1,238 words)
M:29%
GuestMichael Lewis(5,598 words)
M:28%

Oral Indicators

Agonistic35%
literally, completely, very
Engagement73%
you, our, your
Memory Aids100%
listen, now, so
Repetition100%
like (138x), it's (92x), people (71x)
Parallelism81%
And I'm Tracy Alloway...., So, Tracy, one topic that we a..., And, of course, it's an intere...
Sound Patterns62%
56 question(s), alliteration: "markets move", alliteration: "barclays brief"
Formulaic Phrases2%
i mean

Literate Indicators

Hedging7%
probably, could, quite
Passive Voice10%
was published, are interested, be dated
Abstract Nouns18%
investment, recommendation, moment
Subordination9%
while, because, since
Sentence Length37%
Avg: 14.2 words/sentence
Word Complexity43%
investment, analyze, anticipate
Academic Markers0%
Impersonal Style27%
661 personal pronouns found
Descriptive Style72%
literally, completely, actually

Description

The book “Liar's Poker” came out in 1989. Its depiction of Wall Street culture — obnoxious, crude, drunk on risk — may seem very different to today's big bank trading floors. Nonetheless, the book is still a popular read. In some places, interns are even assigned to read it. So why the enduring appeal? And what are the lessons from the book, over 30 years since its release? On this episode, we speak with its author Michael Lewis, who recently recorded an audio version of the book, while also doing a short companion podcast. He reflects on his latest rereading of it, and what it means today. See omnystudio.com/listener for privacy information.