The book seems to be the brain dump of salesman who works in some high-pressure sales industry. The author reads in the same tone that he would conduct a meeting with junior sales people and the content is a continuous stream of motivational platitudes. There may be people that find this valuable but if you are considering the book because of a recommendation based on Peter Thiel's book Zero to One (or another book like it), you will be disappointed.
I'm a huge Michael Lewis fan but this book should have been an Atlantic magazine article or ebook.
I listened to about an hour of the book and most of the negative reviews are spot on. The book is completely derivative and the author is self aggrandizing about his accomplishments as a former top ping-pong player in Britian. Achieving that status is anything gives some insight into success but hearing the narrator drone on about the topic was too tiresome for me.
After 10 hours of listening and many well thought out, thorough explanations, I still can't coherently explain what a CDO is... And this is exactly the point of the book. Michael Lewis does an amazing job of allowing the reader the vantage point of the book's protagonists, who become increasingly more incredulous as they learn about the financial system they are betting against. Good stuff.
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