The Big Short: by Michael Lewis
Book Details
Author(s)George Steinman
ISBN / ASINB01CJ0G93K
ISBN-13978B01CJ0G931
Sales Rank23,097
MarketplaceUnited States 🇺🇸
Description
Warning: This is an independent addition to The Big Short, meant to enhance your experience of the original book. If you have not yet bought the original copy, make sure to purchase it before buying this unofficial summary from Sean Korr.
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The Big Short is an attempt at explaining the US financial crisis that occurred in 2007 – 2010. It is a story seen through the eyes of oddball Wall Street characters that had a clear eye and realistic view of the subprime mortgage market. Their understanding of a complicated market allowed them to make accurate investment decisions that lead them to earn billions from a multi-trillion dollar financial collapse.
It is the story of Steve Eisman. One of two people in Wall Street who has the most in depth knowledge of the bonds market, specifically the subprime mortgage loans market. He was the first to see that it was a catastrophe waiting to happen years before the actual market crashed. Through his knowledge he was able to invest millions of dollars on credit default swaps (CDS) insurance confident that the subprime mortgage bonds that his investment was based on would default.
Read more....
Download your copy today!
for a limited time discount of only $2.99!
Available on PC, Mac, smart phone, tablet or Kindle device.
© 2016 All Rights Reserved
SPECIAL OFFER
$2.99 (Regularly priced: $4.99)
The Big Short is an attempt at explaining the US financial crisis that occurred in 2007 – 2010. It is a story seen through the eyes of oddball Wall Street characters that had a clear eye and realistic view of the subprime mortgage market. Their understanding of a complicated market allowed them to make accurate investment decisions that lead them to earn billions from a multi-trillion dollar financial collapse.
It is the story of Steve Eisman. One of two people in Wall Street who has the most in depth knowledge of the bonds market, specifically the subprime mortgage loans market. He was the first to see that it was a catastrophe waiting to happen years before the actual market crashed. Through his knowledge he was able to invest millions of dollars on credit default swaps (CDS) insurance confident that the subprime mortgage bonds that his investment was based on would default.
Read more....
Download your copy today!
for a limited time discount of only $2.99!
Available on PC, Mac, smart phone, tablet or Kindle device.
© 2016 All Rights Reserved
