
The Big Short
by Michael Lewis
Brief Summary
The real crash of the U.S. stock market in 2008 actually happened quietly the year before in obscure markets like bonds and real-estate derivatives. Only a few people understood the risk of rising real-estate prices and profited while being ignored by their peers. Michael Lewis tells their story with humor and insight in his book "The Big Short," showing how they saw the crisis coming and made billions.
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