In a Complex World, Continuous Learning and Simple Truths Prevail
The book ‘The Big Short: Inside the Doomsday Machine’ is Michael Lewis’ marvellous account of the idiocy and greed that led to the sub-prime bubble and the resulting global financial crisis.
Lewis’ book focuses on a few smart people who saw the simple truths beneath the complex world of financial jiggery-pokery that led to wealthy people becoming even wealthier on the backs of others who were sold the dream of owning their own homes irrespective of their income, assets or ability to pay. Read more →
