Cover via Open Library
Matt's pick · not sponsored
The Big Short
- 2008 financial crisis
- housing bubble
- Wall Street
- subprime mortgages
- investing
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Why I'd hand it to you
Michael Lewis follows a handful of misfit investors, including Michael Burry and Steve Eisman, who saw the 2008 housing crash coming and bet against it. Along the way he explains subprime mortgages, bond packaging and credit default swaps better than most textbooks. The characters are funny and strange, and the anger underneath is real. A couple of cautions. Even with Lewis's clear writing, the finance jargon can get thick, and the language is salty throughout. It also tells the story from the side of people who profited, which some readers find uncomfortable. For understanding how the system broke, it is one of the clearest tellings available.
— Matt Jordan
Quick summary
- Book
- The Big Short by Michael Lewis
- Who it's for
- Readers who want to understand how the 2008 financial system broke and don't mind finance jargon and salty language.
- Key topics
- The 2008 financial crisis
- Subprime mortgages and the housing bubble
- Credit default swaps
- Investors who bet against the market
- Shelves
- Economics, Business, History
