Wednesday, June 16, 2010
Book recommendation
For those of you looking for entertaining and topical non-fiction, you can do a lot worse than The Big Short: Inside the Doomsday Machine by Michael Lewis, the author of Liar's Poker and Moneyball: The Art of Winning an Unfair Game. It is the story of the very few traders and investors who both predicted the bursting of the housing bubble and acted on their foresight. I recommend it without reservation, at least until I think about it harder.
4 Comments:
By rleavengood, at Wed Jun 16, 04:34:00 PM:
Tigerhawk -
Great piece on 60 minutes about Michael Lewis and this topic a few months back, worth watching:
http://www.cbsnews.com/stories/2010/03/12/60minutes/main6292458.shtml
By Big Don, at Wed Jun 16, 09:17:00 PM:
Loved the book. Loved Moneyball, too. Kind of humbling to see how easy our financial system can be shaken.
By lycidas, at Wed Jun 16, 10:33:00 PM:
Two securities lawyers (good ones) have recommended it to me. Said it was must read.
By Psota, at Thu Jun 17, 10:43:00 AM:
Blindside belongs on any list of great Michael Lewis books, too. It balances a lot of different themes without getting bogged down If you are a liberal, it will challenge your beliefs that poor people "need" gov't hand-outs. If you are conservative, it will challenge your own standards for the lengths you would go to help your fellow man. And, there's lots of football talk (college and NFL) as well.