This book will leave few people indifferent. Written in the best traditions of the documentary detective genre, the story of the monstrous inflation and inevitable collapse of the American mortgage bubble.
It can be safely predicted that the readership of Michael Lewis’s book will join the ranks of stock market players, on the one hand, and participants in the Occupy Wall Street protest movement, on the other, in approximately equal shares. The first will be attracted by the romance of the game and the ease of acquiring a lot of money, the second will be horrified by the blatant injustice and incompetence that run the show in the world of this money and this game. In any case, The Big Short is unlikely to leave anyone indifferent: the story of the monstrous inflation and inevitable collapse of the American mortgage bubble that brought down the world economy is written in the best traditions of the documentary detective genre. Perhaps the only obstacle for the unprepared reader may be that in the world of stocks and bonds, hedge funds and scoring, Michael Lewis navigates absolutely professionally. And if you do not have such training, then it is better to read the book not alone, but in the company of, for example, an intelligent financial analyst (especially since such a company is always very useful). However, any self-respecting financial analyst has probably already read The Great Game.
ALPINA Publishers, 280 p.