Kyle Harrison
to-read

F.I.A.S.C.O.

F.I.A.S.C.O.: Blood in the Water on Wall Street
Author
Frank Partnoy
Published
1997
Pages
256
Recommended
2 times
Buy on Amazon ↗

Why it’s on the list: A former Morgan Stanley derivatives salesman’s insider exposé of the predatory culture and complex financial instruments driving 1990s Wall Street.

Where I heard about it

  • Charlie Munger — recommended in Poor Charlie’s Almanack, part of his reading list of books that build a latticework of multidisciplinary mental models.
  • A Goldman Sachs reading list — on the firm’s recommended reading list (careers site), shared on X by @F_Compounders, July 2025.

About this edition

By Frank Partnoy; the Goldman list misprints the author as “Portnoy.”

Connections

  • Poor Charlie’s Almanack — surfaced on Charlie Munger’s recommended-reading list.
  • Goldman Sachs Recommended reading list… (tweet) — recommendation #2: on Goldman Sachs’s reading list.