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The Big Short: Inside the Doomsday Machine by Michael Lewis (Paperback, 2011)
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About this product
Product Information
'In the hands of Michael Lewis, anything is possible . . . if you want to know how a nation lost it financial mind - and have a good laugh finding out - this is the book to read' SUNDAY TIMES From the jungles of the trading floor to the casinos of Las Vegas, The Big Short tells the outrageous story of the misfits, renegades and visionaries who saw that the biggest credit bubble of all time was about to burst, bet against the banking system - and made a killing. 'Magnificent . . . a perfect storm of brilliant writer meeting big subject' GUARDIAN 'He is so good everyone else may as well pack up' EVENING STANDARD 'A rollicking good yarn' FINANCIAL TIMES 'Hugely entertaining' ECONOMIST 'Captivating' WALL STREET JOURNAL 'A triumph . . . riveting . . . The Big Short reads like a thriller' THE TIMES 'A terrifying story, superbly well told' DAILY TELEGRAPH 'Compelling and horrifying' GO 'Probably the single best piece of financial journalism ever written' REUTERSProduct Identifiers
PublisherPenguin Books LTD
ISBN-139780141043531
eBay Product ID (ePID)97651717
Product Key Features
Book TitleThe Big Short: inside the Doomsday Machine
AuthorMichael Lewis
FormatPaperback
LanguageEnglish
TopicEconomics, Finance
Publication Year2011
TypeTextbook
Number of Pages288 Pages
Dimensions
Item Height198mm
Item Width129mm
Item Weight213g
Additional Product Features
Title_AuthorMichael Lewis
Country/Region of ManufactureUnited Kingdom
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Ratings and reviews
Most relevant reviews
- 15 Dec, 2018
Scary Stuff!
Its 2018 and the UK is still living with this Sub Prime disaster. Why do you think there is no money coming from the government!? Yes 2008 was as bad as the Great Wall Street Crash, at least it was financially. This book is about a few people who saw that this bubble in the housing market was 'about' to burst and how they were going to make money from it. Its not an easy read to be honest. I'm fairly familiar with what happened and how it happened but even I struggled to follow all of the things in this book. I guess it will take a couple of readings to understand it fully. You will be shocked at the way the people involved with creating this crash behaved, and that includes the US government and its departments. It offers no hope for the private citizen and clearly millions and millions of people have been adversely affected by this scandal. All except those at the top and these few people who shorted the market. Just in case you don't know what shorting is?. Shorting the market is actually normal practise and I do it on a weekly basis. Instead of buying stocks to go up you actually sell them to go down! You want to make money from a losing market. Its actually much more complicated than that but that's what it is in lay man's terms. And that's what this book is all about. How these guys made millions by shorting the housing bubble when everyone else said Buy Sub Prime it will make you rich. It will infuriate you as to how this bubble was ever allowed to happen and why all the perpetrators were not locked away for ever. Its not a light read but it is damn interesting and a bit of a page turner. But you won't learn how to trade the markets from this book.Verified purchase: YesCondition: Pre-owned
- 21 Oct, 2020
When the Banks Bet the House
This is a book about the sub-prime mortgage crisis of 2008. Some people realized that the banks could not go on lending on such poor assets, repackaging them and then selling them on indefinitely without the whole edifice crumbling. They were very smart people and not only did they realize the true state of things but they bet against the banks. When the banks effectively went bust they cleaned up. Lots of things are obvious with hindsight but it takes real guts to bet against them when everyone else says that you're wrong. A great read that once again proves that when things looks too good to be true it's usually because they are!!Verified purchase: YesCondition: Pre-owned
- 29 Jul, 2020
worth a read
good book, prefer the filmVerified purchase: YesCondition: New
- 17 Feb, 2021
Gripping account
Gripping account of events leading to crash of 2008. Book in excellent condition from supplierVerified purchase: YesCondition: Pre-owned
- 24 Oct, 2019
excellent
great readVerified purchase: YesCondition: Pre-owned
