The Big Short

[Dad]

Just finished "The Big Short" by Michael Lewis. This is the story of the collapse of Wall Street and the subprime mortgage market as seen through the eyes of a few participants who saw the fallacy. The author previously wrote "Liars Poker", the story about John Gottfreund and Solomon Bros. He is a very witty guy and can write in a manner that keeps a dry and not at all funny subject at times amusing. He also explains very complicated issues and explains them in an amazingly simple way. If you ever wondered what a CDO or CDS are, this is a good book to read.