The Big Short Inside the Doomsday Machine movie tie in

The #1 New York Times bestseller—Now a Major Motion Picture from Paramount Pictures From the author of The Blind Side and Moneyball, The Big Short tells the story of four outsiders in the world of high-finance who predict the credit and ...

Author: Michael Lewis

Publisher: W. W. Norton & Company

ISBN: 0393353168

Category: Business & Economics

Page: 320

View: 228

The #1 New York Times bestseller—Now a Major Motion Picture from Paramount Pictures From the author of The Blind Side and Moneyball, The Big Short tells the story of four outsiders in the world of high-finance who predict the credit and housing bubble collapse before anyone else. The film adaptation by Adam McKay (Anchorman I and II, The Other Guys) features Academy Award® winners Christian Bale, Brad Pitt, Melissa Leo and Marisa Tomei; Academy Award® nominees Steve Carell and Ryan Gosling. 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. 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? In this fitting sequel to Liar’s Poker, Michael Lewis answers that question in a narrative brimming with indignation and dark humor.

Summary and Analysis of The Big Short Inside the Doomsday Machine

Michael Lewis's The Big Short is about Wall Street, which is a financial fraternity
of sorts. Depending on one's ambitions, you either love Wall Street or you hate it.
The Big Short offers insight into the main players—some villains, some heroes—

Author: Worth Books

Publisher: Open Road Media

ISBN: 1504044290

Category: Business & Economics

Page: 30

View: 990

So much to read, so little time? This brief overview of The Big Short tells you what you need to know—before or after you read Michael Lewis’s book. Crafted and edited with care, Worth Books set the standard for quality and give you the tools you need to be a well-informed reader. This short summary and analysis of The Big Short by Michael Lewis includes: Historical context Chapter-by-chapter overviews Character profiles Detailed timeline of events Important quotes Fascinating trivia Glossary of terms Supporting material to enhance your understanding of the original work About The Big Short by Michael Lewis: The writing was on the wall long before the extent of America’s worst financial meltdown since the Great Depression was made public. The mortgage bond market had become burdened with subprime loans, most of which were deceitful in their origination and ultimately resulted in delinquencies and foreclosures. Michael Lewis’s The Big Short: Inside the Doomsday Machine takes the reader behind the scenes, introducing the players and Wall Street institutions that unscrupulously helped fuel the housing bubble as well as the few who, not only foresaw the crash, but placed bets on the outcome. The summary and analysis in this ebook are intended to complement your reading experience and bring you closer to a great work of nonfiction.

Summary of Michael Lewis s The Big Short by Swift Reads

Like most of Michael Lewis's books, The Big Short is character driven, using the
unique backgrounds of eccentric individuals to illustrate a greater historical truth.
It is a tragedy with comic overtones. The prose is dense, but it has incredible ...

Author: Swift Reads

Publisher: Swift Reads


Category: Study Aids

Page: 34

View: 324

In The Big Short (2010), journalist Michael Lewis traces the stories of a handful of misfit investors who predicted the 2008 financial crisis. In the parlance of Wall Street, to “short” something is to bet against an investment or company through the purchase of a complex high-finance product... Purchase this in-depth summary to learn more.

Study Guide The Big Short A BookCaps Study Guide

In a process called “originate and sell,” you could make your junky loans, sell
them to Wall Street, and then let the big firms repackage them under various
cryptic names and ultimately resell them to investors. Seeds of theBig Short”—
The ...

Author: BookCaps

Publisher: BookCaps Study Guides

ISBN: 1621075869

Category: Business & Economics

Page: 80

View: 891

Michael Lewis's "The Big Short" packs a lot of concepts into a short space; if it's been awhile since you read the book or if you just need a quick refresher, let us help. This study guide explains all the key concepts and people in the book, as well as gives a summary of what's learned in each chapter. This book is based off of the updated and expanded version. BookCap Study Guides do not contain text from the actual book, and are not meant to be purchased as alternatives to reading the book. This study guide is an unofficial companion and not endorsed by the author or publisher of the book. We all need refreshers every now and then. Whether you are a student trying to cram for that big final, or someone just trying to understand a book more, BookCaps can help. We are a small, but growing company, and are adding titles every month.

The Big Short by Michael Lewis A 15 minute Instaread Summery

In 2002, Eisman came across a new sales document that showed Household
Finance Corporation had begun offering a fifteenyear fixedrate loan disguised as
a thirtyyear loan on second mortgages, convincing buyers they had interest rates

Author: Instaread Summaries

Publisher: Instaread Summaries


Category: Political Science

Page: 40

View: 541

PLEASE NOTE: This is a summary of the book and NOT the original book. The Big Short by Michael Lewis - A 15-minute Instaread Summery Inside this Instaread Summary: • Overview of the entire book • Introduction to the important people in the book • Summary and analysis of all the chapters in the book • Key Takeaways of the book • A Reader's Perspective Preview of this summary: Chapter 1 In December of 1991, Steve Eisman was working for Oppenheimer and Co. as an analyst and became known for his knack for ignoring consensus, an analysis of a stock’s future sales and earnings. In the early 1990s, the Salomon Brothers trading floor began a whole new bond market by packaging mortgages into bonds. In this way, they began to tap the unused equity many people had in their homes, driving the interest rates of mortgages so low that even those with less than perfect credit could get low rates. This led to a surge in subprime mortgages, mortgages offered to those with poor credit ratings. Subprime mortgages were then packaged into bonds and sold to investors. Eisman hired accountant Vincent Daniel to help him decipher the suspicious accounting used by subprime mortgage originators. Daniel discovered companies were booking profits for expected future values of loans, and prematurely displaying themselves as profitable. However, they were failing to reveal the delinquency rate of the home loans they were making, claiming that they were selling these loans to be packaged as bonds, so their risk was limited. An example of this was Long Beach Savings, one of the first banks to implement what was called the originate and sell method, a method of originating a loan that was likely to be defaulted on and sell it to another lender, but leave it on the books to appear as profit...

The Big Book of Great Short Stories Vol I

Many of the earliest books, particularly those dating back to the 1900s and before, are now extremely scarce and increasingly expensive.We are republishing many of these classic works in affordable, high quality, modern editions, using the ...

Author: Douglas Thomson

Publisher: Forbes Press

ISBN: 1445504472

Category: Fiction

Page: 502

View: 958

Many of the earliest books, particularly those dating back to the 1900s and before, are now extremely scarce and increasingly expensive.We are republishing many of these classic works in affordable, high quality, modern editions, using the original text and artwork.

The Big Win

Learning from the Legends to Become a More Successful Investor Stephen L.
Weiss ... bet against a stock with the aim of profiting from its falling price—and
Chanos runs the biggest short selling fund in the business, Kynikos Associates.

Author: Stephen L. Weiss

Publisher: John Wiley & Sons

ISBN: 1118233581

Category: Business & Economics

Page: 240

View: 119

A rousing and practical look at the extremely successful investments of top investors In his first book, The Billion Dollar Mistake, author Stephen L. Weiss showcased the biggest blunders of some of the world's legendary investors—which lost them billions of dollars on a single investment. Incredibly, the mistakes they made were the same mistakes made by everyday investors but for the magnitude of the loss. Weiss's second book, The Big Win: Learning from the Legends to Become a More Successful Investor, highlights financial successes, explaining how the world's most successful investors make a fortune and how you can do the same. As with the missteps Weiss profiled in his first book, the strategies used by these legendary investors are available to all, regardless of size or sophistication. Profiles legendary investors and highlights their investment strategies—from finding the right investment to researching to making a move Probes each investor's personality and questions their investment thinking Identifies and describes each investor's "big win" and why it became their most successful investment The Big Win is a primer on successful investing the way it is really done by the people who do it for a living—passionately and with extraordinary success. The Billion Dollar Mistake told readers what not to do to get rich; The Big Win shows readers how to do it right for the payoff of their lives.

The Big Flatline

... and subsequent stock market crash in 2008. For a particularly lively account of
the bubble that developed for collateralized debt obligations and the emergence
of the credit default swap market, see The Big Short (2010) by Michael Lewis.

Author: Jeff Rubin

Publisher: St. Martin's Press

ISBN: 1137296771

Category: Business & Economics

Page: 272

View: 450

In an urgent follow-up to his best-selling Why Your World Is About To Get A Whole Lot Smaller, Jeff Rubin argues that the end of cheap oil means the end of growth. What it will be like to live in a world where growth is over? Economist and resource analyst Jeff Rubin is certain that the world's governments are getting it wrong. Instead of moving us toward economic recovery, the measures being taken around the globe right now are digging us into a deeper hole. Both politicians and economists are missing the fact that the real engine of economic growth has always been cheap, abundant fuel and resources. But that era is over. The end of cheap oil, Rubin argues, signals the end of growth--and the end of easy answers to renewing prosperity. With China and India sucking up the lion's share of the world's ever more limited resources, the rest of us will have to make do with less. But is this all bad? Rubin points out that there is no research to show that people living in countries with hard-charging economies are happier, and plenty of research to show that some of the most contented people on the planet live in places with no growth or slow growth. But bad or good, it's the new reality, and Rubin reveals how our day-to-day lives will be drastically changed.

The Big Questions A Short Introduction to Philosophy

It is the attempt to see their connections and compare them with other people's
views—including the classic statements of the great philosophers of the past. It is
the effort to appreciate the differences between one's own views and others' ...

Author: Robert C. Solomon

Publisher: Cengage Learning

ISBN: 1285528859

Category: Philosophy

Page: 464

View: 718

Solomon and Higgins's engaging text covers philosophy's central ideas in an accessible, approachable manner. You'll explore timeless big questions about the self, God, justice, and other meaningful topics, gaining the context you need for an understanding of the foundational issues, as well as the confidence to establish your own informed positions on these big questions. Available with InfoTrac Student Collections Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.

The Big Picture and Other Byte sized Short Stories

O'Brady stopped momentarily in a back alley, then pushed the overhead garage
door's transmitter and watched as the segmented panels began folding out of
immediate sight. Having installed the GDO himself, two months ago, Winston was

Author: S. A. Cecrle

Publisher: Strategic Book Publishing

ISBN: 1628574631

Category: Fiction

Page: 352

View: 651

This collection of short stories includes many different genres. Whether the story line is a psychological effort, comedy, science fiction, fantasy or satire, the author has tried to render a diverse entertainment value to each. In this fast-paced, hectic, and TV-dominated culture, these stories were written to offer a half-hour to one-hour window of insightful entertainment, reminiscent of "The Twilight Zone" and "Hitchcock Presents." Many of these tales have an abrupt, unexpected twist and could easily be adapted as television screenplays. The sequence of these short stories will keep the reader guessing as to what motifs and messages will appear next, much like a baseball pitcher working his batter to keep him off balance. Many of these stories are like a quick jolt, providing instant gratification. Among the 20 very different and mind-bending story lines are the wizardry of Baron Chronosimos, the scientific genius of time traveler Frank Morrison, and the ghostly appearance of former Black Panther Fred Hampton. Says the author, "With some it may be history, others a comical farce. I have tried to incorporate many different themes that might encourage a broader understanding of the myriad thought processes to be gained through the printed word." So sit back and enjoy The Big Picture and Other Byte-sized Short Stories.

Great Short Stories of the Masters

German novelist and short-story writer. Kafka was born in Prague of a middle-
class Jewish family. He studied law and worked for the Austrian civil service. He
worked slowly and conscientiously, in a classically pure prose yet with a strong ...

Author: Charles Neider

Publisher: Rowman & Littlefield

ISBN: 0815412533

Category: Literary Collections

Page: 553

View: 960

Collected here are 49 uncommon stories drawn from the world's greatest essayists, poets, novelists, playwrights, and short story writers.

The Greatest Trades of All Time

GREG LIPPMANN Greg Lippmann is thought of by some to be somewhat of a
wiseass, but he's one hell of a trader. If you'll recall, Lippmann was the guy in
Michael Lewis's latest tale of finance, The Big Short, that reportedly passed
around ...

Author: Vincent W. Veneziani

Publisher: John Wiley & Sons

ISBN: 1118134648

Category: Business & Economics

Page: 192

View: 949

How top traders made huge profits during the most momentous market events of the past century Financial and commodity markets are characterized by periodic crashes and upside explosions. In retrospect, the reasons behind these abrupt movements often seem very clear, but generally few people understand what's happening at the time. Top traders and investors like George Soros or Jesse Livermore have stood apart from the crowd and capitalized on their unique insights to capture huge profits. Engaging and informative, The Greatest Trades of All Time chronicles how a select few traders anticipated market eruptions?from the 1929 stock market crash to the 2008 subprime mortgage meltdown?and positioned themselves to excel while a majority of others failed. Along the way, author Vincent Veneziani describes the economic and financial forces that led to each market cataclysm and how these individuals perceived what was happening beforehand and why they decided to place big bets, often at great risk and in opposition to consensus opinion at the time. Traders discussed include George Soros, Jesse Livermore, Paul Tudor Jones, John Templeton, and John Paulson Provide contemporary traders and investors with insights on how great traders make great trades Offers insights on market forecasting, mass psychology, and the importance of personal conviction in trading At a time when many investors are looking to the past for answers to the future, this book brings important historical moments in the financial markets to life.

The Best Short Hikes in the Great Smoky Mountains

From the south or east , follow US 276 to Dellwood , North Carolina ; turn right
and continue on US 276 . After 5 . 0 miles , turn ... It then proceeds up Caldwell
Fork Trail as far as the Big Poplars , a cluster of large yellow poplar trees . Except
for ...

Author: Kenneth Wise

Publisher: Univ. of Tennessee Press

ISBN: 9780870499739

Category: Sports & Recreation

Page: 90

View: 887

The Best Short Hikes in the Great Smoky Mountains Kenneth Wise and James Andrews Located astride the Tennessee-North Carolina border, the Great Smoky Mountains National Park contains more than one hundred trails that trace eight hundred miles of rugged terrain. This fact is certain to bewilder any newcomer who might be eager to explore the Park's backcountry but is unsure where to start. This book, intended as a beginner's guide to hiking the Smokies, offers lively, informative descriptions of twenty-two trails that can be completed in a day or less. For anyone who has yet to discover the beauty of the Smokies, the highest North American mountains east of the Mississippi, the trails described here offer a splendid introduction. Scenic overlooks at Mount Le Conte, Clingmans Dome, Gregory Bald, and other peaks are included along these pathways, as are some of the well-known waterfalls of the Park, such as Laurel Falls, Rainbow Falls, and Ramsay Cascades. In addition to vital data about the length of the trail, its elevation gain, and "how to get there," each trail description is packed with interesting facts and Smoky Mountain lore. Detailed maps are also included. In their introduction, the authors provide a brief overview of the park's history as well as useful tips for novice hikers. The Authors: Kenneth Wise, an administrator at the University of Tennessee Library, Knoxville, has hiked in the Great Smoky Mountains National Park for more than twenty years. He is the author of Hiking Trails of the Great Smoky Mountains: A Comprehensive Guide. James Andrews,a partner in the firm of Andrews, Hudson & Wall, P.C., has hiked the Park trails for more than a decade. He is the coauthor, with Wise, of The Best Overnight Hikes in the Great Smoky Mountains.

Super Shred The Big Results Diet

So what if I could create a program that could deliver these big results in a short
period of time but did so in a healthy waythat didnot put the dieter in harm's way?
Welcome to SUPER SHRED. The planis short, but because it demands that you ...

Author: Ian K. Smith, M.D.

Publisher: St. Martin's Press

ISBN: 1466842911

Category: Health & Fitness

Page: 256

View: 895

The diet that works faster and forever! SUPER SHRED Using the same principles—meal spacing, snacking, meal replacement and diet confusion—that made his SHRED a major #1 bestseller—Dr. Ian K. Smith has developed what dieters told him they needed: a quick-acting plan that is safe and easy to follow at home, at work, or on the road. SUPER SHRED It's a program with four week-long cycles: --Foundation, when you'll eat four meals and three snacks a day, start shedding pounds and set yourself up for success --Accelerate, when you'll kick it up and speed up weight loss --Shape, the toughest week in the program, and the one that will get your body back by keeping it guessing --Tenacious, a final sprint that cements your improved eating habits and melts off those last stubborn pounds The SHRED system never leaves you hungry. It's a completely new way to lose weight, stay slender, and feel fantastic about your body, mind and spirit! Includes more than 50 all-new recipes for meal replacing smoothies and soups!

The New Sell and Sell Short

Their misdeeds are amply documented in current literature, including the
fabulously engaging The Greatest Trade Ever by Gregory Zuckerman and The
Big Short by Michael Lewis. In 2007, the chickens headed home to roost. In 2008,
some of ...

Author: Alexander Elder

Publisher: John Wiley & Sons

ISBN: 9781118005576

Category: Business & Economics

Page: 368

View: 573

A detailed look at one of the most underestimated aspects of trading-selling In The New Sell and Sell Short, Second Edition, Dr. Alexander Elder explains how to exit a stock at the right time and how to initiate a short position to profit from a stock that is showing weakness. Often overlooked, selling properly enables a trader to cut losses and maximize profits. Moreover, short selling in a weak market can generate big profits and should be a part of every trader's arsenal of tools. The new edition contains numerous examples of short selling stocks from the 2008-2009 bear market, demonstrating very clearly why traders do themselves a disservice by only focusing on the long side. In addition, the new edition contains an extensive study guide to help readers master the material prior to trading. Elder shares real-world examples that show how to manage your positions by adjusting your exit points as a trade unfolds. Contains new examples and insights from the 2008-2009 market meltdown Includes an extensive study guide with 115 questions and answers and 17 chart studies Discusses the selling process from a variety of angles: technical, fundamental, and psychological Explains how to maximize winnings in a profitable trade and how to minimize losses when a trade doesn't go as planned Offers detailed guidance for traders of stocks, financial futures, commodities, and currencies Explains how to set profit targets and stop-loss orders prior to entering any trade Other bestselling titles by Elder: Trading for a Living, Come Into My Trading Room, and Entries and Exits Understanding where and when to sell is essential to successful trading. The New Sell and Sell Short, Second Edition is the definitive reference to this overlooked, but vitally important, aspect of trading.

The Watchdog That Didn t Bark

The Financial Crisis and the Disappearance of Investigative Journalism Dean
Starkman ... Michael Lewis, The Big Short: Inside the Doomsday Machine (New
York: Norton, 2010), 3. 40. Lewis, The Big Short, 13–15. 7. MuckrAking the BAnks

Author: Dean Starkman

Publisher: Columbia University Press

ISBN: 0231536283

Category: Language Arts & Disciplines

Page: 382

View: 815

The Pulitzer Prize-winning reporter details “how the U.S. business press could miss the most important economic implosion of the past eighty years” (Eric Alterman, media columnist for The Nation). In this sweeping, incisive post-mortem, Dean Starkman exposes the critical shortcomings that softened coverage in the business press during the mortgage era and the years leading up to the financial collapse of 2008. He examines the deep cultural and structural shifts—some unavoidable, some self-inflicted—that eroded journalism’s appetite for its role as watchdog. The result was a deafening silence about systemic corruption in the financial industry. Tragically, this silence grew only more profound as the mortgage madness reached its terrible apogee from 2004 through 2006. Starkman frames his analysis in a broad argument about journalism itself, dividing the profession into two competing approaches—access reporting and accountability reporting—which rely on entirely different sources and produce radically different representations of reality. As Starkman explains, access journalism came to dominate business reporting in the 1990s, a process he calls “CNBCization,” and rather than examining risky, even corrupt, corporate behavior, mainstream reporters focused on profiling executives and informing investors. Starkman concludes with a critique of the digital-news ideology and corporate influence, which threaten to further undermine investigative reporting, and he shows how financial coverage, and journalism as a whole, can reclaim its bite. “Can stand as a potentially enduring case study of what went wrong and why.”—Alec Klein, national bestselling author of Aftermath “With detailed statistics, Starkman provides keen analysis of how the media failed in its mission at a crucial time for the U.S. economy.”—Booklist

The Big Con

8 Short-Con Games The short-con games are, theoretically, any confidence
games in which the mark is trimmed for only the amount he has with him at the
time—in short, those games which do not employ the send. However, big-con ...

Author: David Maurer

Publisher: Anchor

ISBN: 9780307755728

Category: Social Science

Page: 336

View: 677

The classic 1940 study of con men and con games that Luc Sante in Salon called “a bonanza of wild but credible stories, told concisely with deadpan humor, as sly and rich in atmosphere as anything this side of Mark Twain.” “Of all the grifters, the confidence man is the aristocrat,” wrote David Maurer, a proposition he definitely proved in The Big Con, one of the most colorful, well-researched, and entertaining works of criminology ever written. A professor of linguistics who specialized in underworld argot, Maurer won the trust of hundreds of swindlers, who let him in on not simply their language but their folkways and the astonishingly complex and elaborate schemes whereby unsuspecting marks, hooked by their own greed and dishonesty, were “taken off” – i.e. cheated—of thousands upon thousands of dollars. The Big Con is a treasure trove of American lingo (the write, the rag, the payoff, ropers, shills, the cold poke, the convincer, to put on the send) and indelible characters (Yellow Kid Weil, Barney the Patch, the Seldom Seen Kid, Limehouse Chappie, Larry the Lug). It served as the source for the Oscar-winning film The Sting.

The Big Money

Every potentially great company emerges and experiences a lot of volatility along
its path to success. Investors tend to extrapolate the short- term trends,just as I did
with my early Nike experience.They buy momentum and sell momentum all ...

Author: Frederick R. Kobrick

Publisher: Simon and Schuster

ISBN: 0743258711

Category: Business & Economics

Page: 320

View: 454

Outlines a program for achieving wealth through long-term investing that focuses on successfully identifying great companies at an early point while holding and selling for best results, in a guide that shares numerous case examples. Reprint. 35,000 first printing.

Five Great Short Stories

There seemed nothing the matter with the big ship, and he wondered why she
had hoisted the signal of distress. He thought of his happy islanders, and hoped it
was not disease. Perhaps the ship was short of water or provisions. He shook ...

Author: Jack London

Publisher: Courier Corporation

ISBN: 0486153576

Category: Fiction

Page: 96

View: 333

Five exciting tales that epitomize Jack London's mastery of the adventure story: "The White Silence," "In a Far Country," "An Odyssey of the North," "The Seed of McCoy," and "The Mexican." Publisher's Note.

The Great Automatic Grammatizator A Roald Dahl Short Story

long, toothy face, with the big ears on either side, simply shone with enthusiasm,
and there was an excess of saliva in his mouth which caused him to speak his
words wet. 'So you see, on my machine, by having an adjustable coordinator ...

Author: Roald Dahl

Publisher: Penguin UK

ISBN: 1405911158

Category: Fiction


View: 944

The Great Automatic Grammatizator is a short, sharp, chilling story from Roald Dahl, the master of the shocking tale. In The Great Automatic Grammatizator, Roald Dahl, one of the world's favourite authors, tells a sinister story about the darker side of human nature. Here, a powerful computer designed to help people starts to supplant them . . . The Great Automatic Grammatizator is taken from the short story collection Someone Like You, which includes seventeen other devious and shocking stories, featuring the wife who serves a dish that baffles the police; a curious machine that reveals the horrifying truth about plants; the man waiting to be bitten by the venomous snake asleep on his stomach; and others. 'The absolute master of the twist in the tale.' (Observer ) This story is also available as a Penguin digital audio download read by Will Self. Roald Dahl, the brilliant and worldwide acclaimed author of Charlie and the Chocolate Factory, James and the Giant Peach, Matilda, and many more classics for children, also wrote scores of short stories for adults. These delightfully disturbing tales have often been filmed and were most recently the inspiration for the West End play, Roald Dahl's Twisted Tales by Jeremy Dyson. Roald Dahl's stories continue to make readers shiver today.