To be honest, this is a book that shocked me. I don't know much about finance, investment banking, etc., And my understanding of the economy (whether it's a macroeconomic company) is limited to simple monthly salary or annual salary, and I know nothing about higher-end institutions. The author is a practitioner (although she said the content in the novel is simple enough), and the perspective and impact recorded shocked me even more. This book is a refreshing article, from scratch to the king of Wall Street. A few years ago, I would have felt unparalleled joy, but now, I only feel shock and personal insignificance. The blow between old money and the upper class society is fatal to us ordinary people, and it is unavoidable. The building will collapse and no one will be spared. This is a structural problem and a systemic problem. I didn't understand all of this book, and I didn't understand many professional terms or terms very well (it was my first time reading it, but I seemed to be able to understand some things in a simple way, such as short selling, liquidation, etc.), And I also checked a lot of information. I had only seen financial crises in history before. To be honest, I didn't quite understand what impact it had on ordinary people, why they were so desperate, and why it broke out. I vaguely seem to understand that financial crises are inevitable under the system of capital society, the free market and the premise of human nature. Ordinary people with no background and information can only be consumables, and each "retail investor" is just a chess piece and data for the upper management. But for the "retail investor" itself, it is the fatal lifeline and the foundation for survival. Awe, awe, this is the only feeling I have now. I don't know what I'm in awe of, maybe it's something huge, maybe it's an inevitable tragedy caused by a structure. This world has revealed a corner to me, which may be a corner that I will never be able to touch in this life, and it is also the true operating law of this world. Furthermore, capital has no heart. Pay tribute to those who stood strong during the past financial crisis
rip To all the people who died in the 911 incident and to all the people who left in the past financial crisis
I had some guesses about the reversal (but not all), but I still cried many times when the final answer was revealed. Due to my recent mental state and the things I have experienced, I have empathized with him many times, and I can relate deeply. We will always meet the people we love in the end, and I will tell you the story then.