The Big Short: Inside the Doomsday Machine (Google eBook)

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W. W. Norton & Company, Feb 1, 2011 - Business & Economics - 320 pages
2214 Reviews

The #1 New York Times bestseller: "It is the work of our greatest financial journalist, at the top of his game. And it's essential reading."—Graydon Carter, Vanity Fair

The real story of the crash began in bizarre feeder markets where the sun doesn't shine and the SEC doesn't dare, or bother, to tread: the bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of lower- and middle-class Americans who can't pay their debts. The smart people who understood what was or might be happening were paralyzed by hope and fear; in any case, they weren't talking.

Michael Lewis creates a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his #1 bestseller Liar's Poker. Out of a handful of unlikely-really unlikely-heroes, Lewis fashions a story as compelling and unusual as any of his earlier bestsellers, proving yet again that he is the finest and funniest chronicler of our time.
  

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His writing style fantastic. - Goodreads
Lewis turns boring financial jargon into a page turner. - Goodreads
Michael Lewis has a decent prose. - Goodreads
The pace might have been too slow otherwise. - Goodreads
That Michael Lewis sure is a good writer. - Goodreads
Great insight into the financial crisis of 2008. - Goodreads

Review: The Big Short: Inside the Doomsday Machine

User Review  - David02139 - Goodreads

Interesting history of the failure of Wall Street and three groups of investors that predicted this. Three stars because it was hard to understand how hedging against the sub-prime mortgages bonds worked although I think I understand it. Read full review

Review: The Big Short: Inside the Doomsday Machine

User Review  - Abhijit Joshi - Goodreads

Fantastic book every investor should read. Great way to understand the financial crisis. Read full review

All 12 reviews »

Contents

A Secret Origin Story
1
In the Land of the Blind
26
How Can a Guy Who Cant Speak English Lie?
61
How to Harvest a Migrant Worker
85
Accidental Capitalists
104
SpiderMan at The Venetian
136
The Great Treasure Hunt
160
The Long Quiet
179
A Death of Interest
200
Two Men in a Boat
226
Epilogue Everything Is Correlated
253
Copyright

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About the author (2011)

Michael Lewis, the best-selling author of Liar’s Poker, The Money Culture, The New New Thing, Moneyball, The Blind Side, Panic, Home Game, The Big Short, and Boomerang, among other works, lives in Berkeley, California, with his wife and three children.

Bibliographic information