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The Big Short
288 pages, 2010
money & investing
165 books
business & management
1082 books
economics & politics
987 books
history
999 booksIn this brilliantly reported and Pulitzer Prize-winning narrative, Michael Lewis brings us to the heart of the pre-crash United States--the strange new world that led us to the edge. Beginning with a handful of rogue traders in Oklahoma and California who spotted a moneymaking opportunity in subprime mortgages, he moves on to describe how their scam unfolded and spread through the financial system. He offers vivid portraits of those involved, from victims such as Alyssa Moore, an Orange County housewife who followed all the rules but still lost her home, to survivors such as Bill Ackman, a young hedge fund manager who saw disaster looming and tried to warn everyone he could reach.
The Big Short by Michael Lewis offers a deep insight into the 2008 financial crisis. It's a great read if you want to understand how the global economy was brought to its knees. Lewis explains complex financial concepts in a way that's easy to grasp.
In The Big Short, Lewis explores the role of subprime mortgages in the financial crisis. He shows how these risky loans were packaged into seemingly safe investments, leading to a housing bubble that eventually burst.
The book tells the story of a few outsiders who predicted the crisis. These individuals, despite being laughed at and ignored, made a fortune by betting against the market. It's a fascinating look into how contrarian thinking can pay off.
Lewis digs into the failure of big institutions during the crisis. He shows how banks, rating agencies, and the government failed to see the signs and take action. It's a sobering reminder of the dangers of complacency and groupthink.
The Big Short is a wake-up call about the importance of financial literacy. By understanding how the financial system works, you can make better decisions and protect yourself from future crises. So, take a look at this book and start your journey towards financial education.
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The Big Short is a fascinating exploration of the world of subprime mortgages, where things are not what they seem.
Bill Gates - Microsoft Co-founderThe Big Short is a powerful depiction of the financial crisis. It's a must-read for anyone interested in understanding the complex world of finance.
Warren Buffet - Investment GuruThe Big Short is a masterful piece of work that provides a deep insight into the financial crisis. It's a book that everyone should read.
Malcolm Gladwell - Bestselling AuthorRecommendations
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The Big Short found in libraries
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