PRODUCT INFORMATION: WALL STREET RAIDER v. 7.8x
An "...IMAGINATIVE, STIMULATING, EDUCATIONAL..."
Business Simulation -- Investor's Business Daily
UPDATE! Version 7.8x of W$R is now available, now including the
option to play against MULTIPLE computer traders; optional automatic "sweep" of cash
balances to pay down loans; 1-year cash flow projection for players; and performance
ranking of ETF's. Other recently added 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.); and the ability to put companies you
control on "autopilot" (self-managed by the program), when your corporate empire grows
to include more companies than you can effectively manage yourself.
Other important features added in recent releases include stock index futures
trading; investment management contracts for ETF's; 5-year charts for the stocks of each
of the 1500+ companies in the simulation, plus charts for commodities, interest rates,
GDP growth rate, the Stock Index, and of each player's net worth; you can invest now in
any of 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 and hedging of
those commodities by companies that use or produce them; buying and storing of physical
commodities for all companies except banks and insurers; receiving executive stock options
if you become CEO of a company you control; also, short-selling and highly realistic put
and call options trading! (Some of above features not enabled in the free version.)
For update information and a description of new features in Versions 7.8x,
NEW STOCK TRADING GAME!
Traders and speculators, take note: We have recently introduced Speculator:
The Stock Market Simulation, a "spin-off" from Wall Street Raider,
utilizing the W$R "engine" as the trading background, but where you are not a
billionaire who can influence or manipulate stock prices, but merely a small,
middle-class investor with a $100,000 inheritance to invest or speculate
with. (Temporarily priced at $9.95.) For details,
WALL STREET RAIDER (for Windows XP, Vista, Win 7 & 8)
is now played by (registered) users in almost 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. This Wall Street simulation is widely recognized as the ultimate in
sophisticated financial simulations, a corporate takeover and stock market game, 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.
WALL STREET RAIDER GAME FEATURES: In this highly realistic simulation,
1 to 5 players (including up to 4 computer players, 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. You start off rich, with up to $1 billion, which
is enough to take over at least one decent-sized company, and the idea is to get
richer. MUCH RICHER! (And richer than any of the other human or computer players
you will be competing with.)
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:
... and much more, all 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, starting off
with the equivalent of up to $1 billion in Euros, Pounds, Yen, Canadian or
Aussie dollars, etc.
- trading or investing in stocks and Exchange-Traded Funds (ETF's)
- trading or investing in corporate and government bonds
- gaining voting control of other companies, in order to run them (and try to
manipulate their earnings and stock price)
- 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; or decreasing
or eliminating such spending to increase cash flow, in order to diversify or pay down debt,
or when an industry becomes too crowded and return on invested capital becomes too low
- setting bank lending policies, such as restricting lending to competitors or calling
in their loans, 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) that you
buy and store, to wait for a better price
- 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)
- having banks or insurance companies you control invest (speculate) in high-yield
junk bonds or risky "subprime" mortgage securities
- IPOs/startups, to raise capital or to enter a highly profitable industry
- 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 LBOs
- "greenmail" stock buybacks to get rid of hostile or unwanted minor shareholders in your companies
- stock-for-stock mergers to diversify or to gobble up competitors and increase industry dominance
- LBOs (leveraged buy-outs)
- "white knight" defenses to protect your control of a company by bringing in "neutral"
- 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, plus possible large performance
bonuses for increasing earnings
- increasing dividends of companies you own (or cutting their dividends, to conserve cash)
- firing management
- asset downsizing
- tax avoidance strategies to avoid income taxes and various taxes on capital
- asset-stripping liquidations
- 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
- 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
ETHICS? (ON WALL STREET?)
No Wall Street-based game
would be complete without ethical considations being a major factor. So,
of course, you will 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." Recent versions
even include a "Cheat Menu" that lets you obtain "insider information" on
upcoming mergers or major changes in a company's fortunes (good or bad),
which you can greatly profit from. Of course, there's always a chance your
informant may turn into a "stool pigeon" and thus you may be prosecuted and
perhaps convicted of illegal "insider trading...."
TRADING ENVIRONMENT AND PLATFORM:
All your investment research and financial wheeling and dealing occur
against the backdrop of a constantly shifting economic and political
landscape 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 up to 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 and stock price 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!
Opposing players, including the Computer players, can be ruthless,
especially if you let yourself or your main companies get in a vulnerable
financial condition, where frivolous, harassing lawsuits or freezing your
line of credit or calling in your loans can put your companies (or you)
out of business. In this simulation, as on Wall Street, "It's all about
survival, baby," and only the strongest and smartest survive!
Download a free ("shareware") copy of Wall Street Raider here (for
Windows XP/Vista/7/8/ or 10):
REVIEWS, AWARDS, USER COMMENTS:
Take a look at our comments page, to see what
users say about Wall Street Raider.
Or, view a series of YouTube
STRATEGY VIDEOS one game reviewer created, showing
you what playing a game of Wall Street Raider is like, plus his commentary. These
are the first of a series of videos this chap (an obvious W$R junkie and expert)
is creating, all of which are accessible on YouTube. The videos will give you an
idea of some of the things you can do in Wall Street Raider (based on Version
7.60 and, in a new series, on Versions 7.8x) and strategies for generating trillions
(or more) in profits, trading stocks, options, futures and dealing in interest rate
swaps. He has also begun posting a series of TUTORIAL VIDEOS on
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
Or read this detailed review of W$R on the
Daily Speculations web
site of legendary hedge fund manager Victor Niederhoffer.
(In one of his books, George Soros wrote that Niederhoffer
was the only one of his managers who ever retired voluntarily from trading for him while
still ahead.) Niederhoffer's hedge fund was ranked #1 in the world, earning 35% a year
from inception to 1996 but, alas, he was nearly wiped out in 1997 by excessive
speculations in Thailand. Since then, he says he has been "...crawling back up the stairs,
not entirely without success," after mortgaging his house and selling off his collection
of antiques in 1998. As in Wall Street Raider, the real financial world is a jungle, in
which one can go from riches to rags in a heartbeat....
As another reviewer, at the
software directory, notes, "Wall Street Raider is an award-winning financial
simulator that critics have praised as being 'imaginative, stimulating and educational.'
In this game, you will start your own career and as a market player, investor, broker,
owner of your own business - no matter which role you choose, you will have to elbow
your way through a horde of competitors to reach the pinnacle of success."
GIVE US YOUR OPINION: Do you love W$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),
Or download from this site:
IT Shareware - A shareware
and freeware collection with reviews and free downloads. Categories include games, Internet & network utilities, screensavers,
audio & video, graphics, and business applications.
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.
- $21.95 for the Windows
registered version of W$R, plus the "Customizer Utility" program.
- $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.)
- $250.00 for a
site license and downloadable copy of the "Full Package" version, which includes a site
license to distribute up to 50 copies of W$R to students or for other end users. For home
schoolers or other small groups, contact us at the email address at the bottom of this page
for possible reduced price for a site license.
- or $14.95 for the DOS version
(Note: Development of the DOS version ceased in 2001; it is now an "antique" program --
As a DOS program, it does NOT run on 64-bit Windows 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, an 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$R, which is not
surprising, since you need to buy a Windows license and install Windows to use Parallels.
Also, there is now a subscription service call Parallels Access that offers an
iPad app that will allow you to run Windows programs on an iPad, even Microsoft Office
We cannot guarantee that Wall Street Raider will be stable on these
virtualizers, so we STRONGLY suggest that, before you buy a registered copy of Wall
Street Raider to run on your Mac or iPad, you download and play the
version of W$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$R should also, since the shareware version simply limits access to some
of the game's internal logic features and the length of games, and is a somewhat
smaller file, since many of the features of the registered version (like options
trading) are simply not compiled in the shareware version. You may also want to do
a Google search for "Run Windows programs on a Mac," to see what else may be
IPAD APP: Many fans of W$R have asked if there is an iPad "app"
being developed. There was, but not at present. 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 two years, before they could get it to work properly,
as W$R is an extremely complex program, in terms of the logic involved, which requires
an understanding of finance, economics, accounting, and taxes, etc., to understand how
it SHOULD work. Programmers who also have professional backgrounds as tax lawyer, CPA,
successful investor and options trader, million-selling author, and consulting economist
are not easy to find. I have all that background, which enabled me to develop W$R, using
the PowerBASIC compiler, an easy way to write Windows programs, and have created a
pretty nifty little program after plugging away at it and tweaking it for over 30 years.
However, I am not a software engineer, and I lack the tech skills to convert W$R to a
Mac or iPad app or do other complex things like create an online multiplayer version.
Development of an iPad version resumed in May, 2014, and if it had succeeded this time,
an app was to have been available some time in late 2014. However, the developers apparently
ran out of funding again, and still could not get 2+2 to (consistently) equal 4 in their
iPad version, so the latest effort was also abandoned. We are still seeking to partner
with a large, well-funded software company that might be interested in developing an iPad
or iPhone version, but are not optimistic. We have no desire to spends hundreds more hours
of consulting time with a software developer that is unable to create an iOS version that
works. (Or at least, not without a sizable up-front payment!) We were contacted in late
2015 by two different companies that were interested in possibly licensing our source
code, but had to put them on hold until the licensing contract with the last group of
developers expired in February of 2016, but nothing concrete has come of it yet.
As a self-taught programmer with (very) limited tech skills, I feel I have just
about reached the limits of what I can do to develop Wall Street Raider, so at
this point my main goal is to do a licensing agreement with a large software firm
that has the ability to take W$R to the next level. The quest continues....
Ronin Software is a
Software Industry Professionals Member.