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The Big Short Book Review

Recommended by
100%
Score
84/100 (1 rating)
Readability
5/5
Length
5/5
Use of Illustrations
3/5
Index and Layout
3/5
Quality of Information
5/5
Title The Big Short: Inside the Doomsday Machine
Author(s) Michael Lewis
Publish Date Feb-2011
Amazon Rank 149
ISBN 0393338827

Review The Big Short

See all books

recommends The Big Short
Great story about the subprime mortgage crises and market crash
Score
84/100
Readability
5/5
Length
5/5
Use of Illustrations
3/5
Index and Layout
3/5
Quality of Information
5/5

This is a great read which follows a few groups of traders who bet on the subprime mortgage crises happening and how they pulled off the trade of their lifetimes. What makes it a great read are the characters that are involved and their convictions about what was going to happen (and did happen) and those that were convinced that it would not happen.

I think that the quote that I loved the most and what summed why the crises was going to happen was when we hear about a Californian strawberry picker who could speak no English and earned a salary of $12,000 per and was able to qualify for a mortgage to buy a home for $750,000. Priceless.

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