An Amazon Best Book of the Month, February 2014: If Martin Scorsese's film The Wolf of Wall Street is about the finance industry's greediest adults, Kevin Roose's Young Money: Inside the Hidden World of Wall Street's Post-crash Recruits is a look at those wolves as cubs. The book is a surprisingly sympathetic portrait of the kids starting at Goldman Sachs, Merrill Lynch, and Credit Suisse (it's less sympathetic toward their bosses, who come across like shameless versions of the parents in Peanuts comics). These young bankers and analysts discover that while the pay is good, the hours are bad and the never-ending sense of existential dread is ugly. But perhaps the great irony of the crash of 2008 is that even as it eroded the industry's reputation in the minds of college students, the job market it decimated left those graduates very few employment options. Despite their hesitations, many scared twentysomethings entered the finance sector, as one of the few institutions that was still hiring. Roose suspects that banks attract "confused, insecure college seniors, who are smart and capable in a general, all-purpose way, but aren't phenomenally talented at any one thing." Most of the eight workers Roose follows end up burning out or quitting; the ones who succeed and stay in finance--you feel the worst for them. --Kevin Nguyen
My main objection to the book is that it doesn't feel serious.
Overall, a good book and a very easy read, but we've heard some of these stories before and, while still compelling, can feel a bit dated.
I have a friend who is looking to get into finance and I'm definitely going to recommend he read this book.
Entertaining read. Gave me a better understanding of the culture in banking. I would recomemd this book to students interested in working in finance.Published 25 days ago by AD
Drivel. Written from a Lib-tard point of view disguised as unbiased journalism.Published 2 months ago by Amazon Customer
Such a good book, it takes inside the lives of 8 young financial professionals and shows their struggles and triumphs.Published 2 months ago by Amazon Customer
Great read and real inside look at young Wall Street. Recommended to any one that wants to know more about this life. Great inside look and best to follow guidelines!Published 2 months ago by SS
Great read and goes fast. Good for a child headed to college also.Published 3 months ago by Mary A. Johnson
Inside look at the reality of young financial analysts on Wall Street. Great writing and reporting by Kevin Roose. Must read.Published 4 months ago by Cecilia M. Fernandez