Cover of Fiasco Open Library Covers

Fiasco

by Frank Partnoy · 1997

Frank Partnoy's insider account of derivatives trading, Wall Street risk, and failures of financial incentives at a major investment bank.

1 source-backed recNo paid placementBuy links disclosed
Author signal

Frank Partnoy · Author of Fiasco

Author signal

Some books matter because the author has done rare work in the real world. We show that separately from who recommended the book.

Frank PartnoyAuthor of Fiasco

Law professor, former derivatives trader, and author of Fiasco, the Wall Street derivatives account Charlie Munger told readers to read in Poor Charlie's Almanack.

Recommended by, documented so far

Fiasco appears in 1 currently documented source-backed recommendation.

Charlie Munger portrait Charlie Munger Investor, Berkshire Hathaway
Strong recommendation Poor Charlie's Almanack talk article
Read the book Fiasco...
Exact quote verified Strong recommendation article Talk Nine: Academic Economics

We captured the recommendation language from the source.

Stripe Press · 2003-10-03 · accessed 2026-06-22

Stripe Press web text for Talk Nine includes Munger telling readers to read Fiasco by law professor and former derivatives trader Frank Partnoy.

Open source
Strong recommendation · Poor Charlie's Almanack talk · article Source 2003-10-03
AmazonAudibleAffiliate disclosure: We may earn a commission when you buy through some links. Recommendations are included because of the source, not because of the retailer. Details