Buy now to get the main key ideas from Carrie Sun's Private Equity Carrie Sun was a high achiever, but she was feeling lost. She ended up taking a job at a prestigious hedge fund as assistant to its billionaire founder. As she navigated burnout amid the high-stakes world of finance, Carrie questioned whether sacrificing her well-being was worth it. Her memoir, Private Equity (2024), examines the dark side of privilege and extreme wealth, offering a poignant reminder that true fulfillment comes from within, not from external validation or material wealth. Carrie’s relationship with her immigrant parents, their sacrifices, and the impact of cultural expectations are woven throughout the narrative.
Named a most-anticipated book of 2024 by NPR.org, Oprah Daily, Town & Country, The Millions, Financial Times, and more. “Sun writes clearly about the demands and privileges of the job, though this isn’t a tell-all about abuses in the industry but rather a more probing inquiry into what we deem success and the values underpinning it.” —Vogue, Best Books of 2024 So Far A gripping memoir of one woman’s self-discovery inside a top Wall Street firm, and an urgent indictment of privilege, extreme wealth, and work culture When we meet Carrie Sun, she can’t shake the feeling that she’s wasting her life. The daughter of Chinese immigrants, Carrie excelled in school, graduated early from MIT, and climbed the corporate ladder, all in pursuit of the American dream. But at twenty-nine, she’s left her analyst job, dropped out of an MBA program, and is trapped in an unhappy engagement. So when she gets the rare opportunity to work at one of the most prestigious hedge funds in the world, she knows she can’t say no. Fourteen interviews later, she’s in. Carrie is the sole assistant to the firm’s billionaire founder. She manages his work life, becoming the right hand to an investor who can move mountains and markets with a single phone call. Eager to impress, she dives headfirst into the firm’s culture, which values return on time above all else. A luxury-laden world opens up for her, and Carrie learns that money can solve nearly everything. Playing the game at the highest levels, amid the ultimate winners in our winner-take-all economy, Carrie soon finds her identity swallowed whole by work. With her physical and mental health deteriorating, she begins to rethink what it actually means to waste one’s life. A searing examination of our relationship to work, Carrie’s story illuminates the struggle for balance in a world of extremes: efficiency and excess, status and aspiration, power and fortune. Private Equity is a universal tale of self-invention from a dazzling new voice, daring to ask what we’re willing to sacrifice to get to the top—and what it might take to break free and leave it all behind.
Get the Summary of Carrie Sun's Private Equity in 20 minutes. Please note: This is a summary & not the original book. "Private Equity" by Carrie Sun is a narrative that delves into the intricacies of the financial industry through the author's personal journey. Sun's story unfolds as she transitions from a high-achieving background, with a dual degree from MIT and a stint at Fidelity Investments, to becoming the right-hand person to Boone Prescott, a young billionaire hedge fund founder. The book explores Sun's motivations, her quest for a meaningful life beyond wealth, and her passion for creative writing and college football...
"Brilliant." - David Brooks, The New York Times "A profoundly unconventional book...So absorbing that I wound up reading it twice." - Bloomberg Finalist for the Financial Times and Goldman Sachs Business Book of the Year What happens to your body when you take risks? What happens to it when you make or lose a lot of money? In this startling book, physiologist and former Wall Street trader John Coates vividly illustrates what happens to your body when you engage in risk taking. You transform into a different person, a change Coates refers to as "the hour between dog and wolf." He tells a gripping story of a group of traders caught in a bull market and then a crash. As the excitement builds he takes us inside the traders' bodies to see the biology of risk taking at work, a biology shared by athletes, politicians, soldiers - anyone who ventures beyond their safety zone. Coates also discusses how men and women excel at different types of risk; how the stress of failure damages our health; and how we can train our bodies so that they help rather than hinder our risk taking. Revealing the biology behind bubbles and crashes, The Hour Between Dog and Wolf sheds new and surprising light on issues that affect us all.
The bestselling author of the acclaimed House of Cards and The Last Tycoons turns his spotlight on to Goldman Sachs and the controversy behind its success. From the outside, Goldman Sachs is a perfect company. The Goldman PR machine loudly declares it to be smarter, more ethical, and more profitable than all of its competitors. Behind closed doors, however, the firm constantly straddles the line between conflict of interest and legitimate deal making, wields significant influence over all levels of government, and upholds a culture of power struggles and toxic paranoia. And its clever bet against the mortgage market in 2007—unknown to its clients—may have made the financial ruin of the Great Recession worse. Money and Power reveals the internal schemes that have guided the bank from its founding through its remarkable windfall during the 2008 financial crisis. Through extensive research and interviews with the inside players, including current CEO Lloyd Blankfein, William Cohan constructs a nuanced, timely portrait of Goldman Sachs, the company that was too big—and too ruthless—to fail.
A compelling account of how markets really govern themselves, and why they often baffle and outrage outsiders One of the reasons many people believe financial markets are lawless and irrational—and rigged—is that they follow two sets of rules. The official rules, set by law or by the heads of the exchanges, exist alongside the unofficial rules, or floor rules—which are the ones that actually govern. Break the official rules and you may be fined or jailed; break the floor rules and you’ll suffer worse: you will be ostracized. Regulations vary across markets, but the floor rules are remarkably consistent. This book, offering compelling stories of market disturbances in which insider rules played a key role, shows readers, without excessive moralizing, how markets really govern themselves. It is a study of the norms, customs, values, and operating modes of the insiders at the center of the financial markets that trade money, stocks, bonds, futures, and other financial derivatives. The core insiders who rule trading markets are a relatively small group who exert disproportionate influence on financial systems. Mark W. Geiger examines the historical roots of the culture of financial markets, describes the role insiders play in today’s high finance, and suggests where this peculiar, ingrown culture is heading in an era of constant technological change.
A powerful guide for every woman looking to find—or amplify—her voice Most books about public speaking don’t tell you what to do when you open your mouth and nothing comes out. And they don’t tell you how to get over the performance anxiety that most people naturally have. They don’t tell you what to do in the moments when you are made, as a woman, to feel small. They don’t tell you how to own the room. This book does. From the way Michelle Obama projects “happy high status,” and the power of J.K.Rowling’s understated speaking style, to Virginia Woolf’s leisurely pacing and Oprah Winfrey’s mastery of inner conviction, what is it that our heroines do to make us sit up and listen - really listen - to their every word? And how can you achieve that impact in your own life? How to Own the Room will show you exactly how.
