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The buy side : a Wall Street trader's tale of spectacular excess / Turney Duff.

by Duff, Turney.

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Crown Business, [2013], ♭2013.

Stockbrokers -- United States -- Biography.

Investment advisors -- United States.

Finance -- United States.

9780770437152 (hc.)

077043715X (hc.)

308 pages : illustrations ; 25 cm.

"An after-hours Wall Street culture where drugs and sex are rampant and billions in trading commissions flow to those who dangle the most enticements. A remarkable writing debut, filled with indelible moments, The Buy Side shows as no book ever has the rewards--and dizzying temptations--of making a living on the Street. Growing up in the 1980's Turney Duff secured a trainee position at Morgan Stanley and got his first feel for the pecking order that exists in the trading pits. Those on the "buy side," the traders who make large bets on whether a stock will rise or fall, are the "alphas" and those on the "sell side," the brokers who handle their business, are eager to please. In 1999 he arrived at the Galleon Group, a colossal hedge-fund management firm run by secretive founder Raj Rajaratnam. By day, he solidified his reputation one of the Street's most powerful traders, and by night, he blazed a path through the city’s nightclubs, showing off his social genius and voraciously inhaling any drug that would fill the void he felt inside. A mesmerizingly immersive journey through Wall Street's first millennial decade, and a poignant self portrait by a young man who surely would have destroyed himself were it not for his decision to walk away from a seven-figure annual income, The Buy Side is one of the best coming-of-age-on-the-Street books ever written"--Provided by publisher.

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