PRODUCT INFORMATION: WALL STREET RAIDER v. 7.51
(June 8, 2014 Release)
An "...IMAGINATIVE, STIMULATING, EDUCATIONAL..." Business Simulation -- Investor's Business Daily
UPDATE! Version 7.51 of W$R is now available, now including trading
of physical commodities for all companies (buy and store), as well as the ability to
trade (simulated) commodity futures; other new features include ability to list stocks
or assets for possible sale to other players or companies (or buy items offered by
other players or companies that are "listed" as being for sale); ability to "look under
the hood" at corporate data for ownership of all of the various types of assets or
contracts (such as interest rate swaps, futures, options, etc.).
Other important features added in recent releases include stock index futures
trading; investment management contracts for ETF's; 5-year charts for commodities,
interest rates, GDP growth rate, the Stock Index, and of each player's net worth; 15 ETF's
(Exchange-Traded Funds, or investment companies, each investing in a particular sector);
interest rate swaps (derivatives -- "bets" on future interest rates) that you negotiate;
commodity futures trading on oil, metals and grains; executive stock options if you become
CEO of a company you control; 5-year stock charts for each of the 1590 companies and ETFs,
plus streaming stock quotes for up to 15 stocks; also short-selling and highly realistic
put and call options trading! (Some of above features not enabled in free version.)
For update information and a description of new features in Version 7.51,
WALL STREET RAIDER (for Windows XP, Vista, Win 7 & 8)
is now played by (registered) users in over 95 countries, ranging from Sharjah to Vietnam
to Cyprus to Paraguay to Greenland to Namibia to Barbados to Slovenia to the Sultanate
of Brunei and beyond. It is widely recognized as the ultimate in sophisticated financial
simulations, a corporate takeover and stock market game and simulation, in which players
strive to build their corporate empires by fair means or foul, all the while trying to
stay one step ahead of the SEC, IRS, Justice Department, EPA, Congress, powerful unions,
corrupt governments, and no end of ruthless competitors -- not to mention various manmade
and natural calamaties and economic disasters.
NOTE TO MAC AND iPAD USERS:Click here for
information about running Wall Street Raider on a Mac or iPad.
In this highly realistic simulation, 1 to 5 players (including the computer, if
you choose) compete to amass fortunes by investing in, or taking over and managing,
any of up to 1590 companies in 70 industry groups. Once you acquire control
of a company, you and your company will use all the tricks of the trade of
real Wall Street corporate raiders ("Wolves of Wall Street")
to expand your empire and net worth, including:
trading or investing in stocks and Exchange-Traded Funds (ETF's)
trading or investing in corporate and government bonds
gaining voting control of companies, in order to run them
industry domination and monopolization, by increasing your company's (or companies')
market share in a particular industry
increasing capital spending to take advantage of lucrative rates of return on
capital in your industry, as well as to increase or maintain market share
setting bank lending policies, such as restricting lending to competitors, for any banks you control
options trading, for speculation or to hedge stock positions
short selling of stocks, options, and commodity or stock index futures
speculating in or hedging with commodity futures and stock index futures
trading in physical commodities (oil, gold, silver, wheat, corn)
speculating in ultra-high-risk interest rate swaps, by creating custom-made
derivatives contracts (that are bets on the future direction of various interest rates)
private placement stock offerings to raise "outside" private money or from within your corporate empire
cash or stock tender offers for corporate takeovers, or cash tender offers for LBO's
greenmail stock buybacks to get rid of hostile minor shareholders
stock-for-stock mergers to diversify or to gobble up competitors and increase industry dominance
LBO's (leveraged buy-outs)
"white knight" defenses
buying up distressed debt (bonds) of companies in financial trouble
launching antitrust lawsuits and other litigation to harass financially
vulnerable competitors, or sometimes win large judgments or settlements
mass layoffs and restucturing of companies to increase efficiency and profitability
spin-offs or liquidations of subsidiaries, tax-free or otherwise
excessive salaries and lavish executive stock options, provided by a company
you control, if you are elected as its CEO
increasing dividends of companies you own (or cutting their dividends, to conserve cash)
tax avoidance strategies to avoid income taxes and various taxes on capital
manipulating earnings by increasing/decreasing spending on R&D or marketing
manipulating earnings by using "hidden" accounting reserves
earning management fees from Exchange-Traded Funds (ETF's), for securities
brokers or insurance companies you control
improving cash flow by reducing capital spending, in order to pay down debt or diversify,
using any and all methods to get the stock price up, in a company you control,
including sometimes engaging in "unethical" (but risky) actions, and
delegating most management decisions in your corporate empire, Warren Buffett-style,
by turning on the new "auto-pilot" feature in recent versions, once you have acquired
control of too many companies to effectively micro-manage them all, while still making
the major decisions on choices like which companies to buy or sell or merge, or which
industries to enter or exit
... and much more, in the quest for the Almighty Dollar. The individual player
can engage in risky (but sometimes lucrative) activities for his or her
own account, such as short selling of stocks, and players or companies can
engage in buying and shorting put and call options and commodity futures on
crude oil, gold, silver, wheat, and corn, or can gamble with massive leverage
on interest rate swaps (derivatives contracts). Although the U.S. dollar is
the default, players also are able to instantly configure the simulation for
any one of 22 other currencies, before starting a new game.
And, of course, you'll have ample "ethical choices" thrust upon you from
time to time, where you will have to choose between playing ethically,
or (possibly) winding up in serious legal or financial trouble if you
decide to "Go for the gold," rather than "do the right thing."
All your investment research and financial wheeling and dealing occur
against the backdrop of a constantly shifting economic and political
environment in which you and all the companies and industries in Wall
Street Raider must operate and try to cope. The main screen is your
Trading Desk, on which you can always see a nonstop "live" stock ticker
tape, a scrolling financial news tape, flickering, constantly updating
stock prices on your "streaming quotes" list of 15 stocks, as well as
frequently changing spot prices for each of 5 commodities and the (tradeable)
Stock Index, plus the current GDP growth rate of the economy and various
interest rates (long- and short-term government bond yields and the Prime
Rate). One section of the Trading Desk also shows your personal financial
balance sheet, so you can see your personal net worth and available bank
line of credit (if any) fluctuating second by second.
Speedy decision-making is of the essence, and sweaty palms are a certainty,
as you try to cope with and anticipate changing markets, and keep your
company's earnings on an upward track -- or at least keep yourself out
of Bankruptcy Court! You also have to deal with cash flow issues and try
to keep powerful competitors from squeezing your company's profitability
or seizing control of your company -- unless the price is right, of course!
Download a free ("shareware") copy of Wall Street Raider here (for
Windows 7/8 or earlier):
REVIEWS, AWARDS, USER COMMENTS:
Take a look at our comments page, to see what
users say about Wall Street Raider.
Or read this detailed review of W$R on the
Daily Speculations web
site of legendary hedge fund manager Victor Niederhoffer.
(In one of his books, George Soros wrote that Niederhoffer
was the only one of his managers who ever retired voluntarily from trading for him while
still ahead.) Niederhoffer's hedge fund was ranked #1 in the world, earning 35% a year
from inception to 1996 but, alas, he was nearly wiped out in 1997 by excessive
speculations in Thailand. Since then, he says he has been "...crawling back up the stairs,
not entirely without success," after mortgaging his house and selling off his collection
of antiques in 1998. As in Wall Street Raider, the real financial world is a jungle, in
which one can go from riches to rags in a heartbeat....
Or, view this YouTube VIDEO
one game reviewer created, showing you a bit of what playing Wall
Street is like, plus his comments. It is #3 of 11 videos this
chap (an obvious W$R junkie) created, all of which are accessible
from the above YouTube page. (You might want to start at
The videos will give you an idea of some of the things you can do in
Wall Street Raider, though this older (2008) version lacks many of the
advanced features of the current version, such as commodity futures
trading, interest rate swaps (derivatives) and ETF's, and the reviewer
does not get into any of the more sophisticated transactions the
simulation allows, like mergers, LBO's, spin-offs, liquidations, etc.
Wall Street Raider has received a number of very favorable reviews
over the years from major Web sites, such as ZDNET, Download.com and PCWorld,
as well as highly favorable reviews in print publications, including the Wall
Street Journal, Byte Magazine, PC World, and, on June 22, 2000, we rated a
two-column, very favorable front-page article in Investor's Business Daily,
which called W$R an "...imaginative, stimulating..." business simulation.
Previously, famed computer columnist Jerry Pournelle had written of W$R,
that "You can really learn something about stocks, mergers, takeovers
and the general world of finance, and have a whacking good time in
As another reviewer, at the
software directory, notes, "Wall Street Raider is an award-winning financial
simulator that critics have praised as being 'imaginative, stimulating and educational.'
In this game, you will start your own career and as a market player, investor, broker,
owner of your own business - no matter which role you choose, you will have to elbow
your way through a horde of competitors to reach the pinnacle of success."
GIVE US YOUR OPINION: Do you love W$R? Hate it when
you go bankrupt all the time? To register your opinion, by giving us a
thumbs up, or thumbs down, go to the
To download a free copy of the shareware (evaluation)
version of Wall Street Raider ("full-screen version" for Windows),
To order the registered version of Wall
Street Raider, or the Windows Version "Add-on Package," select one
of the ordering links below, for the Windows or DOS versions:
SUGGESTION: WHEN ORDERING, YOU DO NOT NEED THE 2-YEAR EXTENDED DOWNLOAD SERVICE OFFERED
BY SWREG OR OTHER VENDORS (FOR AN EXTRA FEE). WE WILL REPLACE YOUR COPY OF WALL STREET RAIDER
(FREE, AT ANY TIME) IF YOU LOSE IT FOR ANY REASON (DISK CRASH, NEW COMPUTER, ETC.). JUST E-MAIL
US WITH YOUR NAME OR REGISTRATION NUMBER TO REQUEST A REPLACEMENT COPY.
$29.95 for the Windows version,
"full package deal" -- Consisting of the Wall Street Raider game software,
plus the "Customizer Utility" program and the (electronic) strategy manual,
"Wall Street Raider -- The Book" (NOTE: THERE IS NO PRINT VERSION OF THE MANUAL.)
$15.00 for the Add-on
Package Only, which includes the new (electronic, not printed) strategy manual, entitled
"Wall Street Raider -- The Book" (an electronic book about W$R, in HTML format, now
also with a Word (.DOC) file version, for easier printing), plus the Customizer Utility
program, that works with the W$R Windows version software. (This add-on package is for those
users who already have the registered version of the W$R software.)
$14.95 for the DOS version
(Note: Development of the DOS version ceased in 2001; it is now an "antique" program --
It will NOT run on 64-bit Windows 7 or 8 systems.)
PURCHASE INCLUDES REDUCED PRICE UPGRADES (CURRENTLY $12.95 U.S. for the full
package that includes the latest version of the (electronic) W$R strategy manual and
the "Customizer Utility" program).
When you order a Windows version of Wall Street Raider, your purchase also includes
the right to order future updates/upgrades at a greatly reduced price, currently
$12.95, instead of the regular price of $29.95.
See the updates page to see what improvements have
been added since the version you currently have, so you can decide if or when to
NOTE: When purchasing through SWREG's secure server online
e-tailing site, you will not instantly download the program, but will
automatically be sent an e-mail by SWREG, notifying you that your
order has been accepted, and giving you the URL where you can download
the registered version of the program during a specified number of days.
If you do not receive your registration/download information, please
contact SWREG. Ronin Software
does not process the credit cards. (And be sure to check your "SPAM"
in-box, if you do not immediately receive an e-mail link from SWREG --
that's where it is likely to be, 99% of the time.)
SAMPLE SCREEN SHOTS
Click here to see a sample screen shot of Wall Street Raider (Windows version). Here, to view a sample Entity Research Menu and industry outlook commentary. Or here, to view a sample General Research Menu and economy & markets commentary. Click here for a sampling of News Headlines generated by events in a typical game.
NEW! Wall Street Raider now also has a "blog" fan site -- see the link
here.... Check it out,
if you want to brag to or otherwise communicate with other Wall Street
...If you are serious about winning....
If you are a serious player of the Wall Street Raider
simulation, you'll want to STOP playing a few minutes, or at least
long enough to also get a copy of our "Wall Street Raider --
The Book" strategy manual for W$R. It contains over 300
pages (if printed out from the .DOC file) of plain-English explanations
of how and when to use mergers, liquidations, anti-trust lawsuits, and all
the other financial tools provided in W$R, to aid you in your ruthless
quest to build a corporate empire to out-Trump the Donald....
NOTE: THE MANUAL CONSISTS OF COMPUTER (HTML
and Word .DOC) FILES, VIEWABLE WITH YOUR WEB BROWSER; THERE IS NO PRINTED VERSION OF THE
MANUAL, BUT THE .DOC FILE VERSION IS PROVIDED FOR EASY PRINTING, IF YOU WISH TO PRINT
OUT A 2-SIDED HARD COPY.
While we are no longer publishing the print version of this strategy
manual, a new electronic version is available now for the Windows version
of Wall Street Raider. The manual is in the form of hypertext (HTML and
Microsoft Word .DOC) files, and sells for only $15.00. A free copy of the
Glossary section of "Wall Street Raider --
The Book" is posted here on our web site for your perusal.
You can order the electronic book version of the W$R strategy
manual, (which includes the Customizer Utility), through
our online vendor SWREG.ORG, by clicking on the following:
Package for W$R ($15.00) -- Includes an electronic version of the
strategy manual, consisting of both an HTML file and, for easy printing,
a Microsoft Word .DOC file version of the manual, downloadable after
purchase, plus the "W$R Customizer Utility" program. The electronic
book/strategy manual, "Wall Street Raider -- The Book," can be viewed
on your computer like web pages or as a .DOC file, even if you are
not connected to the Internet. All you will need to view the book on
your computer is a web browser to view the HTML files or the ability
to open and read the Microsoft Word .DOC file (printable) version. If you
also have the registered version of the W$R game software installed,
you can view the manual by simply clicking on the "View W$R Manual"
item that will appear in the "Options Menu" of the main W$R screen,
while playing W$R (the Windows version) -- if the manual is detected
by the W$R program.
INTERESTED IN SELLING WALL STREET RAIDER ON YOUR SITE, IN OUR
"AFFILIATES" PROGRAM? If you are a Wall Street Raider fan,
or are simply looking for a way to make money with your website,
and would like to sell Wall Street Raider from your website, earning
a 30% commission on each $29.95 sale, it's very simple to do so,
through RegNow! Click here for more
information on earning commissions as an affiliate.
PRIVACY STATEMENT: Ronin Software will not
sell or divulge any information about visitors to this site
or anyone who downloads or purchases our software or books.
Any information you provide our on-line reseller,
SWREG.ORG, will only be
used by them for administrative purposes, and will only be
used by Ronin Software to notify you of future upgrades of
the product you have purchased or for customer support.
Please see also our
Vendor's (SWREG/Digital River's) Privacy Statement. You
take your privacy seriously, and so do we.
NOTE FROM THE AUTHOR TO MAC AND iPAD USERS: Wall Street Raider is a Windows program.
However, there are now a number of applications you can use to run Windows programs on your Mac,
such as the combination of Wine/WineBottler (which is free), or commercial programs like Parallels
Desktop or Crossover. Because newer Macs use Intel processors, they can run Windows and
Windows applications as quickly as PCs. Most such apps require you to (buy and) install Windows
on your Mac, although Wine/Winebottler and the commercial program CrossOver do not. We do not
recommend any specific Windows virtualization or dual boot programs, but we have heard from
users of Crossover that it works flawlessly with Wall Street Raider, though you may not
want to buy it, just to run W$R. Parallels Desktop also works perfectly with W$R, which is not
surprising, since you need to buy a Windows license and install Windows to use Parallels.
Also, there is now a subscription service call Parallels Access that offers an
iPad app that will allow you to run Windows programs on an iPad, even Microsoft Office
programs, which Microsoft has not yet chosen to modify to run natively on iPads.
We cannot guarantee that Wall Street Raider will be stable on these
virtualizers, so we STRONGLY suggest that, before you buy a registered copy of Wall
Street Raider to run on your Mac or iPad, you download and play the
version of W$R for a while with the Windows virtualizer app you have installed, if
you have one. If the shareware version works OK on your Mac or iPad, the registered
version of W$R should also, since the shareware version simply limits access to some
of the game's internal logic features and the length of games. You may also want to do a
Google search for "Run Windows programs on a Mac," to see what else may be available,
IPAD APP: Many fans of W$R have asked if there is an iPad "app"
being developed. There is. In 2011, I licensed my W$R source code to a company that
tried to develop a simplified iPad version of W$R, but they eventually ran out of development
money after about two years, before they could get it to work properly, as W$R is an extremely
complex program, in terms of the logic involved, which requires an understanding of finance,
economics, accounting, and taxes, etc., to understand how it SHOULD work. Programmers who
also have professional backgrounds as tax lawyer, CPA, successful investor and options trader,
writer, and consulting economist are not easy to find. I have that background, which enabled
me to develop W$R, using the PowerBASIC compiler, an easy way to write Windows programs, but
I am not a software engineer, and lack the tech skills to convert W$R to a Mac or iPad app.
Development of an iPad version resumed in May, 2014, and if successful this time, an
app was to be available some time this year (2014). However, the developers have apparently
run out of funding again, and still can't get 2+2 to equal 4 in the iPad version.