Length: 9 hours and 27 min.Customer Rating:
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Simon & Schuster Audio presents The Big Short: Inside the Doomsday Machine audiobook in a downloadable format. This book was written by Michael Lewis and narrated by Jesse Boggs.
This version of The Big Short audiobook is published in an unabridged format. That means that this is complete narration of the written book.
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|Category||Michael Lewis|| Average
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Susan from Naperville, IL said on Goodreads:
Happy thought for the day:
At least I don't have to include a stint as an analyst for Moody's or Standard & Poor's to my list of professional shortcomings.
On Wednesday, March 12, 2014, @mfostrander tweeted:
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On Tuesday, February 25, 2014, @SwartzMark tweeted:
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: the bond and real-estate derivative markets, where geeks invent impenetrable securities to profit from the misery of lower- and middle-class Americans who can't pay their debts. The smart people who understood what was or might be happening were paralyzed by hope and fear; in any case, they weren't talking.
The crucial question is this: 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?
turns the inquiry on its head to create a fresh, character-driven narrative brimming with indignation and dark humor, a fitting sequel to his number-one best-selling Liar's Poker. "Who got it right?" he asks. Who saw the ever-rising real-estate market for the black hole it would become, and eventually made billions of dollars from that perception? And what qualities of character made those few persist when their peers and colleagues dismissed them as Chicken Littles?
Out of this handful of unlikely - really unlikely - heroes, Lewis fashions a story as compelling and unusual as any of his earlier best sellers, proving yet again that he is the finest and funniest chronicler of our times.