Loved the topic and the story. Listened to it in my truck, and didn't want to leave when I got to my appointments. Can't get enough of this topic. Thank you Michael Lewis.
Extremely helpful analysis of the derivatives business during the financial meltdown leading to an eventual bailout of the investment banks which were responsible for the naked risks which caused the calamity. Awesome story and looking forward to the movie.
I wonder if Michael Lewis is interested in informing his readers of the entire story of the 2007-2009 Financial Crisis and not just the parts that fit a narrative that sells books?
This book will provide mental certainty for some people who want to only focus on some (and important aspects) of the Crisis. But it misses other large parts of the crisis and the following response to it.
Very interesting style to describe a complex situation and make it sound interesting for the listener. It takes some effort though to connect the dots between several new concepts if you were not familiar with financial terms. However it is worth the effort as by the end you have a better insight of what caused the last big crisis. Really recommended.
Lewis makes the complex world of high finance accessible and entertaining. He chooses great characters to show the madness of the recession.
New to audiobooks; but it was definitely enjoyable and will have me coming back for more.
So much of the story of "The Big Short" was memorable; answering this question doesn't give it justice. One particular moment in the book which stood out to me was the behavior of Scion Capital's investors and their treatment of Michael Bure, even though he was right.
Being interested in finance, I was enthralled by the story; guess he did his job well.
Greed is good, until it isn't.
Once the key players were established and their respective trajectories defined, the overall story and their outcomes transformed into a need to know. Against a backdrop of historical catastrophe within the world of finance, three key stories evolve with anticipated, "beat the world" endings. Ironically, these three key subjects did not have money at the epicenter of their existence, but all were treated as outcasts as they defied the establishments of greed and utter, global deception. In the end, the anticipation is fulfilled, but not quite with the expected resolve and grandeur one might envision.
Interviews with M. Lewis were great and I would have enjoyed hearing Michael read the entire passage. Nonetheless, the performance was great and the reader possessed some of the same common man, common sense qualities that Michael conveys in his stories, subject matter, and style of writing.
This is one of the most clear and valuable accounts of the events leading up to the '07 financial crisis. The author has an intimate perspective, and his writing style makes this a genuine page turner. I recommend to anyone interested in politics, finance, or sociology.