The Big Short: Inside the Doomsday Machine by Michael Lewis
My rating: 5 of 5 stars
Another great story from Michael Lewis. With The Big Short, he has made the task of understanding our current economic state enjoyable. This book tells a hell of a story and it’s peopled with real-life characters, people who say what they think (whether it’s appropriate or not) and put their money where their mouth is.
By telling the story of a handful of investors who saw the subprime mortgage collapse coming (and who got fantastically rich by making shrewd bets against the dominant market trends), Lewis shines a light on just what it was that turned Wall Street (and the rest of the country, too) upside down.
It’s part thriller, part morality tale, and it’s all good. The only people who might not enjoy reading it are the investment bankers who were on the wrong side of trade.
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