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booklistqueen 's review for:
The Big Short: Inside the Doomsday Machine
by Michael Lewis
Four people who predicted the 2008 crash, and made lots of money doing so
The U.S. stock market crash in 2008 sparked a great recession that affected a generation. Michael Lewis explains that the real crash came a year earlier in the bond and real estate derivatives markets. The Big Short follows four Wall Street outsiders who predicted the credit and housing bubble collapse and made loads of cash doing so.
At first, I had a hard time keeping the characters straight while listening to the audiobook, but once I got into it, I was hooked. Michael Lewis always does take dense material and turning it into an easily understood, compelling character-driven drama.
The U.S. stock market crash in 2008 sparked a great recession that affected a generation. Michael Lewis explains that the real crash came a year earlier in the bond and real estate derivatives markets. The Big Short follows four Wall Street outsiders who predicted the credit and housing bubble collapse and made loads of cash doing so.
At first, I had a hard time keeping the characters straight while listening to the audiobook, but once I got into it, I was hooked. Michael Lewis always does take dense material and turning it into an easily understood, compelling character-driven drama.