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: 996

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.

The Big Short

Three separate but parallel stories of the U.S mortgage housing crisis of 2005 are told.

Author: Kristin Miller

Publisher:

ISBN:

Category:

Page: 156

View: 280

Three separate but parallel stories of the U.S mortgage housing crisis of 2005 are told. Michael Burry, an eccentric ex-physician turned one-eyed Scion Capital hedge fund manager, has traded traditional office attire for shorts, bare feet and a Supercuts haircut. He believes that the US housing market is built on a bubble that will burst within the next few years. Autonomy within the company allows Burry to do largely as he pleases, so Burry proceeds to bet against the housing market with the banks, who are more than happy to accept his proposal for something that has never happened in American history. The banks believe that Burry is a crackpot and therefore are confident in that they will win the deal. Jared Vennett with Deutschebank gets wind of what Burry is doing and, as an investor believes he too can cash in on Burry's beliefs. An errant telephone call to FrontPoint Partners gets this information into the hands of Mark Baum, an idealist who is fed up with the corruption in the ...

Summary of Michael Lewis s The Big Short by Swift Reads

In The Big Short (2010), journalist Michael Lewis traces the stories of a handful of misfit investors who predicted the 2008 financial crisis.

Author: Swift Reads

Publisher: Swift Reads

ISBN:

Category: Study Aids

Page: 34

View: 928

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.

Quicklet on Michael Lewis The Big Short CliffNotes like Book Notes

Excerpt: “If you have ever wondered where your equity went in your home, the
answers lie in a book written by Michael Lewis entitled 'The Big Short: Inside the
Doomsday Machine.' The book carefully unravels the incidents behind the scene
 ...

Author: Kristi L. Waterworth

Publisher: Hyperink Inc

ISBN: 1614640580

Category: Study Aids

Page: 34

View: 840

ABOUT THE BOOK I became a Realtor in 2000, when an opportunity presented itself. I had been a journalist, slaving away at a small and insignificant newspaper in a small and insignificant town when I was offered a position creating marketing materials for a Real Estate company in a not-too-distant city. I had no idea that taking that job would thrust me in the middle of the worst financial crisis my generation would know. From that marketing position, I went to work for a Realtor and was licensed shortly thereafter. The rest, as they say, is history. When I first saw The Big Short appear at the bookstores, I was delighted. Finally, someone could explain what the hell had happened during that crazy time period that began about the time I was licensed and ended when the market exploded in middle America. At the same time, I was secretly a little afraid that there would be a list tucked inside with the names of Realtors who had sold subprime mortgages. At the time, I didnt really understand what was happening; all I knew was that the sky was falling at an accelerated pace. Michael Lewis did the research and has put the whole story together in one place. In The Big Short, he manages to turn credit default swaps, collateralized debt obligations and subprime mortgage bonds into things that will make sense to most people. If theyre anything like me, theyll finish the book weeping. MEET THE AUTHOR Kristi L. Waterworth is an experienced writer and a member of the Hyperink Team, which works hard to bring you high-quality, engaging, fun content. Happy reading! EXCERPT FROM THE BOOK The Big Short isnt simply a follow up to Liars Poker, as some reviewers (and even its author) have claimed, it is the tale of the result of the world that Liars Poker documents. The 1980s were an unrestrained era of greed that continued to build quietly until Wall Street collapsed into a broken heap in the mid 2000s. Michael Lewis was in a unique position to document the fall of the system in The Big Short, being a former inside man now on the outside. Using the stories of the few traders who came out on top of the mess, Lewis follows the subprime mortgage disaster from its more recent roots straight to its end. Men like Michael Burry, Steve Eisman and Charles Ledley didnt know what they were seeing when they first caught wind of subprime mortgage bonds, but they each had a feeling that something sinister was lurking beneath the exotic products that were being created from these risky investments. This New York Times Best Seller is worthy of the accolades it has claimed, considering that it manages to be a cautionary tale while clearly explaining financial instruments that werent even as clear to the people who were buying and selling them at their height. Lewiss combination of terror, education and the brief joy of the underdog succeeding in an apocalyptic landscape creates a sort of road map to the destruction of the subprime mortgage markets, as well as the bruising of a substantial chunk of the global financial markets. Buy a copy to keep reading! CHAPTER OUTLINE Quicklet on Michael Lewis' The Big Short Michael Lewis' The Big Short + The Disaster at the End of This Book + About the Author + About the Book + Overall Summary for The Big Short + ...and much 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: 853

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.

Summary of the Big Short

Written by Elite Summaries Please note: This is a detailed summary and analysis of the book and not the original book. keyword: The Big Short, The Big Shortbook, Michael Lewis, The Big Short Michael Lewis, The Big Short paperback, The Big ...

Author: Elite Summaries

Publisher:

ISBN: 9781537129938

Category:

Page: 38

View: 102

The Big Short: by Michael Lewis | Summary & Analysis A Smarter You In 15 Minutes... What is your time worth? The Big Short, an informative book written by Michael Lewis, published in 2011. Michael Lewis is known for his immeasurable writing ability that has seen many people getting informed and inspired. Apart from The Big Short, Lewis has also shown an outstanding literal work when he wrote Liar's Poker and Moneyball. In The Big Short, Lewis comments about the 2008 financial crisis from a very unique perspective, different from what other plethora of writers have done so far. Lewis concisely points out and explains some of the most confusing and inappropriate financial transactions ever conducted by a civilized society. And he does it boldly, with the precision of a surgeon. Readers are however not directly taken through the impacts of the malignant policies enacted by the government, which compelled people into the malaise, but are told the nitty-gritty, without necessarily provoking anyone in the higher rank. The Big Short is surely meant to be a comprehensive, introspection of the current financial crisis. The Big Short: Inside the Doomsday Machine is an instructive book that perfectly gives an insight of the economic status, and the possible characters hindering progress. The book explains the reason for the increased estate prices during 2005-2008 economic crises. Having such an irresistible knowledge given by Michal Lewis, and full idea of the causes of economic problems, is essential in shaping our financial status and a key to economic advancement. All those who purchase this book will get elaborated information of what happened to the economy in 2005-2008. Detailed overview of the book Most valuable lessons and information Key Takeaways and Analysis Take action today and grab this best selling book for a limited time discount of only $6.99! Written by Elite Summaries Please note: This is a detailed summary and analysis of the book and not the original book. keyword: The Big Short, The Big Shortbook, Michael Lewis, The Big Short Michael Lewis, The Big Short paperback, The Big Short kindle

The Big Short Break

'The Big Short Break' is the first in a series of experience-led travel books. It is a progression from hotel-focused books and combines first-hand specialist knowledge with vibrant photographs and innovative design.

Author: Ronald Asprey

Publisher: Original

ISBN: 9780955593505

Category: Short vacations

Page: 352

View: 895

'The Big Short Break' is the first in a series of experience-led travel books. It is a progression from hotel-focused books and combines first-hand specialist knowledge with vibrant photographs and innovative design.

Liar s Poker

' Tom Wolfe 'Wickedly funny' Daily Express 'Hilarious' New York Times THE BOOK THAT REVEALED THE TRUTH ABOUT LONDON AND WALL STREET From mere trainee to lowly geek, to triumphal Big Swinging Dick: that was Michael Lewis's pell-mell progress ...

Author: Michael Lewis

Publisher: Hachette UK

ISBN: 1848948808

Category: Biography & Autobiography

Page: 304

View: 730

The original classic that revealed the truth about ambition, greed and excess in London and Wall Street, by the author of #1 bestsellers THE BIG SHORT and THE FIFTH RISK. __________ The time was the 1980s. The place was Wall Street. The game was called Liar's Poker. Michael Lewis was fresh out of Princeton and the London School of Economics when he landed a job at Salomon Brothers, one of Wall Street's premier investment firms. During the next three years, Lewis rose from callow trainee to bond salesman, raking in millions for the firm and cashing in on a modern-day gold rush. From mere trainee to lowly geek, to triumphal Big Swinging Dick: that was Michael Lewis's pell-mell progress through the dealing rooms of Salomon Brothers in New York and London during the heady mid-80s when they were probably the world's most powerful and profitable merchant bank. Funny, frightening, breathless and heartless, Liar's Poker is the original story of hysterical greed and excessive ambition, one that is now more potent and enthralling than ever. __________ 'If you thought Gordon Gekko of the Wall Street movie was an implausibly corrupt piece of fiction, see how you like the real thing. This rip-the-lid-off account of the bond-dealing brouhaha is the work of a real-life bond salesman.' The Sunday Times 'So memorable and alive . . . one of those rare works that encapsulate and define an era.' Fortune 'The funniest book on Wall Street I've ever read.' Tom Wolfe 'Wickedly funny' Daily Express 'Hilarious' New York Times

The Big Short

" He hoped that some bright kid at Ohio State University who really wanted to be an oceanographer would read his book, spurn the offer from Goldman Sachs, and set out to sea.Many things have taken place in the past, and others continue to ...

Author: Book Summary

Publisher: Createspace Independent Publishing Platform

ISBN: 9781532943096

Category:

Page: 58

View: 860

The Big Short by Michael Lewis | Book Summary Sometimes our minds wonder if what is happening in the world is actually right even though we are often convinced that nothing outright evil might be taking place. Sometimes we have dreams of becoming the people we see in the media who seem like paragons of success or gods of the corporate world. Though ignorance may be bliss or what we do not know may not harm us directly, sometimes a small revelation into some issues and matters in the community or a nation goes a long way into adjusting our attitudes and sails of life. It may become a reference point to use in raising our children, and with the wisdom thereof, equip them with the truth so that they may also endeavour to come up with solutions when their time comes. As Michael Lewis writes, he hopes that college students trying to decide what to do with their lives might read it and decide that it's silly to phony it up, and abandon their passions or even their faint interests, to become financiers." He hoped that some bright kid at Ohio State University who really wanted to be an oceanographer would read his book, spurn the offer from Goldman Sachs, and set out to sea.Many things have taken place in the past, and others continue to occur even as you venture to consume this book in a jiffy. They said that knowledge and only the right kind of knowledge is power. Wisdom springs forth from the beginning of experience, and the knowledge of this experience makes the wisdom far greater than one can imagine. Michael Lewis' book, The Big Short, comes with knowledge of historical events inside Wall Street. It comes bundled with real life experiences of business persons, companies, co-operations, organizations, and individuals. The book reveals what the world would have never known, or even heard. They seem like memoirs, memories of tycoons losing huge amounts of money, fraudsters taking advantage of the poor, and companies twisting their accounts for their own gain. Herein you find evil, crime, and tales of men who tried to fight the same with a weak yet formidable determination. Here Is A Preview Of What You'll Learn... A Secret Origin Story In the Land of the Blind How Can a Guy Who Can't Speak English Lie? How to Harvest a Migrant Worker Accidental Capitalists Spider-Man at the Venetian The Great Treasure Hunt The Long Quiet A Death of Interest Two Men in a Boat The Book at a Glance Conclusion Final Thoughts Now What? Scroll Up and Click on "buy now with 1-Click" to Download Your Copy Right Now ************Tags: the big short, the big short book, michael lewis, michael lewis books, the big short kindle, the big short michael lewis, doomsday machine

Wall Street s Secret Sauce

That is 40 out of 14,528. NO ONE can possibly know when to buy and sell into the right stock at the right time and be successful. Take Buffett's advice: Avoid Wall Street's fees and enjoy the Secret Sauce. It is FREE.

Author: Zhou Wang

Publisher: Createspace Independent Publishing Platform

ISBN: 9781536845242

Category:

Page: 66

View: 732

The average investor earned just 3.79% while a simple non-advisor index fund earned 11% over time. Dalbar.com QAIB ..". that little 2 percent fee will erode 63 percent of what you would have had." John Bogle, Frontline "My wealth has come from a combination of living in America, some lucky genes, and compound interest." Warren Buffett Wall Street exists to make its owners rich. I have been in the financial services business for over 20 years. We make it appear that investors can make a lot of money by using special charts or doing in-depth analysis. It appears that if you follow the advice of people who appear smart, you can become wealthy very quickly. It appears that you can make a killing by paying for our 'brilliant' managers and strategies. But some of our margins are over 45%. We 'help' you get rich by taking your money no matter what you earn. We don't give refunds if we don't perform. Wall Street is really about separating people from their money. Wall Street is really a marketing operation. Salespeople provide attractive promises that create illusions of wealth-building for the "players." The odds of the average investor becoming wealthy by being a "player" are enormous. The owners structure the odds so that they can't lose. And if they fail, the taxpayers make them whole again! The owners always take the money FIRST. There are no refunds. REALITY: There were ONLY 40 days from 1950 to 2007 that produced 70% of all the S&P 500 index's total returns. That is 40 out of 14,528. NO ONE can possibly know when to buy and sell into the right stock at the right time and be successful. Take Buffett's advice: Avoid Wall Street's fees and enjoy the Secret Sauce. It is FREE. Just Buy and Hold securities forever. You put up the money and take the risks, so keep the 63%. Let COMPOUNDING make you wealthy. Use the Secret Sauce - the Big Long

The Big Book of Great Short Stories Vol I

Author: Douglas Thomson

Publisher: READ BOOKS

ISBN: 9781445503288

Category: Fiction

Page: 502

View: 571

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 Book of Great Short Stories Vol II

Author: Douglas Thomson

Publisher: Camp Press

ISBN: 1445503298

Category: Fiction

Page: 262

View: 789

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.

Reports of the Committee of the Whole Board of Aldermen on the Care and Management of the Public Institutions

on in the big shop , heard the shot in the big shot , and then a short time
afterwards saw a man running across the yard . I am in the block shop , at the last
window — the farther end of the shop , so I couldn ' t see farther than from the
guard ...

Author: Boston (Mass.). Board of Aldermen

Publisher:

ISBN:

Category: Public institutions

Page:

View: 642


A Selection from the World s Greatest Short Stories

Illustrative of the History of Short Story Writing Sherwin Cody ... that same Chief
that I left at Bashkai — Billy Fish we called him afterwards, because he was so
like Billy Fish that drove the big tank-engine at Mach on the Bolan in the old days.

Author: Sherwin Cody

Publisher:

ISBN:

Category: Short stories

Page: 412

View: 397



The Greatest Short Stories of Leo Tolstoy

The message in all his stories is presented with such humour that the reader hardly realises that it is strongly didactic. These stories give a snapshot of Russia and its people in the late nineteenth century.

Author: Leo Tolstoy

Publisher: Samaira Book Publishers

ISBN: 9387550168

Category: Fiction

Page: 380

View: 313

The Russian novelist and moral philosopher Leo Tolstoy (1828-1910) ranks as one of the world s great writers, and his 'War and Peace' has been called the greatest novel ever written. But during his long lifetime, Tolstoy also wrote enough shorter works to fill many volumes. The message in all his stories is presented with such humour that the reader hardly realises that it is strongly didactic. These stories give a snapshot of Russia and its people in the late nineteenth century.

The Big Silver Short

Featuring interviews with 15 of the world's top silver experts--including Ted Butler, Andrew Maguire, Bart Chilton, Rick Rule, and David Morgan--the book reveals: Why a dramatically higher silver price has become a matter of "when" rather ...

Author: Chris Marcus

Publisher:

ISBN:

Category:

Page: 344

View: 323

Why The Price of Silver Is Set To Explode!Many were stunned to see The Big Short and realize that there were a few savvy traders who saw the subprime crisis in advance, and used that knowledge to make a fortune in the financial markets. Shockingly, a similar situation is playing out in the silver market at this very moment, and The Big Silver Short provides the perfectly timed handguide to profit from one of the greatest investing opportunities in history! Featuring interviews with 15 of the world's top silver experts--including Ted Butler, Andrew Maguire, Bart Chilton, Rick Rule, and David Morgan--the book reveals: Why a dramatically higher silver price has become a matter of "when" rather than "if" How the Wall Street banks have effectively sold each ounce of silver to over 500 people Former CFTC Commissioner Bart Chilton's stunning revelations about J.P. Morgan and silver manipulation Why Ted Butler thinks J.P. Morgan has more than 800 million ounces of silver The real story about the Hunt brothers The truth about Warren Buffett's silver position and how he got forced out of it Why the Federal Reserve will never raise interest rates So if you're watching the Fed's hyperinflation campaign, and you want to be prepared and keep your money safe (or even profit at Wall Street's expense), get The Big Silver Short today!

China and Lower Bengal

Suddenly , in the grey distance , a flash and a curl of smoke , and before the
booming sound reached us the big shot struck the waters about 200 yards ahead
, driving the spray high up in the air . It was a beautiful line , straight for the vessel
' s ...

Author: George Wingrove Cooke

Publisher:

ISBN:

Category: China

Page: 495

View: 379


The Electrical World

The manufacturers claim for it great durability in all its parts and simplicity of
construction and operation . ... stock than have occurred , but the unwillingness of
the big short interest prevents the bears taking full advantage of their
opportunities .

Author:

Publisher:

ISBN:

Category: Electrical engineering

Page:

View: 801


Outing

Guard , under Captain Todd , 50 men ; Near Fort Pitt the Indians under Big " B "
Battery , 2 guns and 110 men , Bear , had committed an atrocious mas under
Major Short ; half of “ C ” Comsacre at a place called Frog Lake , pany , 46 men ...

Author:

Publisher:

ISBN:

Category: Outdoor recreation

Page:

View: 605