A review by jon_auc
The Big Short: Inside the Doomsday Machine by Michael Lewis

4.0

A well-written explanation of how the 2008 financial collapse occurred, told through the stories of a handful of investors who saw the disaster coming. Much like Lewis accomplished with the advanced sabermetrics (baseball analysis formulas) included in his book "Moneyball," here he clearly explains what mortgaged-backed sub-prime loans and CDOs and how they let to ultimate doom. Perfect for a financial layperson as myself to understand.