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The Big Short

The Big Short by Michael Lewis

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Book Summary:

Michael Lewis has written from the perspective of a financial insider for more than 20 years. His first book, Liar’s Poker, was a warts-and-all account of Wall Street culture in the 1980s, when Lewis worked at the investment bank Salomon Brothers. Everything Lewis has touched since has turned to gold, and The Big Short seems to be another of those books, combining an incendiary, timely topic with the author’s solid, insightful, and witty investigative reporting.

Our Cocktail Party Statements:

Aaron: Greed – it happened before it’s gonna happen again

Karin: The guys who saw it coming

Phil: If you hate the guys who bet on the no pass line, you’ll hate this book

Our Cocktail Party Index:

What’s this? Explanation of the CPI.