Name: the big short,inside the doomsday machine
Price: 66.04 NZD
Availability: InStock
Author: Michael Lewis
ISBN: 9780393072235

portada the big short,inside the doomsday machine

the big short,inside the doomsday machine

Type

Physical Book

Author

Michael Lewis

Publisher

W. W. Norton & Company

Language

English

Pages

288

Format

Hardcover

Dimensions

23.3 x 16.1 x 2.7 cm

Weight

0.50 kg.

ISBN

0393072231

ISBN13

9780393072235

Synopsis "the big short,inside the doomsday machine"

When the crash of the U. S. stock market became public knowledge in the fall of 2008, it was already old news. The real crash, the silent crash, had taken place over the previous year, in bizarre feeder markets where the sun doesn't shine, and the SEC doesn't dare, or bother, to tread: the bond and real estate derivative markets where geeks invent impenetrable securities to profit from the misery of lower- and middle-class Americans who can't pay their debts. The smart people who understood what was or might be happening were paralyzed by hope and fear; in any case, they weren't talking. The crucial question is this: Who understood the risk inherent in the assumption of ever-rising real estate prices, a risk compounded daily by the creation of those arcane, artificial securities loosely based on piles of doubtful mortgages? Michael Lewis turns the inquiry on its head to create a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his #1 best-selling Liar's Poker. Who got it right? he asks. Who saw the real estate market for the black hole it would become, and eventually made billions of dollars from that perception? And what qualities of character made those few persist when their peers and colleagues dismissed them as Chicken Littles? Out of this handful of unlikely--really unlikely--heroes, Lewis fashions a story as compelling and unusual as any of his earlier bestsellers, proving yet again that he is the finest and funniest chronicler of our times.

Michael Lewis

(Author)

View Author's Page

Michael Lewis (New Orleans, 1960) is a renowned American writer and journalist specialized in economics, finance, and popular culture. Graduated in Art History from Princeton University and with a master's in Economics from the London School of Economics, he worked as a bond trader at Salomon Brothers, an experience he narrated in his first book, Liar’s Poker (1989). Since then, he has published numerous non-fiction works that combine rigorous research with an accessible and engaging narrative

Among his most notable titles are Moneyball: Breaking the Rules (2003), The Blind Side (2006), The Big Short (2010), and Flash Boys: The Wall Street Revolution (2014). Several of these works have been successfully adapted into films, including Moneyball and The Big Short, the latter winning the Oscar for Best Adapted Screenplay. His most recent book, Going Infinite (2023), addresses the rise and fall of Sam Bankman-Fried and the FTX platform. Lewis has been awarded prizes such as the Gerald Loeb Award and was elected a member of the American Academy of Arts and Sciences in 2023.

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