extract published on January 20, 2014.
In the mid-2000′s, Turney Duff was, to all appearances, the very picture of American success. One of Wall Street’s hottest traders, he was a rising star with Raj Rajaratnam’s legendary Galleon Group before forging his own path. What few knew was that the key to Turney’s remarkable success wasn’t a super-genius IQ or family connections but rather a winning personality – because the real money wasn’t made on the trading floor or behind a computer screen, but in whispered deals in the city’s most exclusive nightspots, surrounded by the best drugs and hottest women. For Turney, this created a perilously seductive cycle: the harder he partied, the more connected and successful he became, which meant he could party even harder. In time, he became a walking paradox, an addictive mess after hours, and King of the Street from nine to five. Along the way, he learned some important lessons about himself, and the too-wild-to-believe world of Wall Street trading.
In The Buy Side, the money is plentiful and the after-hours indulgence even more so, which has proved to be a bestselling and box office winning combination, as the success of The Wolf of Wall Street attests. Fans of Martin Scorsese’s film and Michael Lewis’s Liar’s Poker and The Big Short will want to take a walk on The Buy Side.