
The Big Short
Michael Lewis · 2010
The story of the handful of investors who saw the 2008 crisis coming and bet against housing. Through Michael Burry, Steve Eisman, and others, Lewis reveals the incompetence and conflicts of interest that enabled the catastrophe. Burry read the actual mortgage bond prospectuses — something almost nobody on Wall Street had done — and realized the entire system was built on loans that could never be repaid.
Business & Investing · the Pro canon
The case for it, the case against, and the rest of the canon open with Pro.