For anyone with even the vaguest interest in the stockmarket, daytrading or financial markets the new Michael Lewis book is apparently an absolute MUST HAVE!
Lewis is regarded as probably the finest financial journalist in the world at the moment and his books - including Liars Poker and Panic - have been absolute hits through the global financial crisis.
This is his latest offering and I can tell you now that I'm going to be reading this one. The synopsis reads:
"The Big Short" tells a story of spectacular, epic folly. It has taken the world's greatest financial meltdown to bring Michael Lewis back to the subject that made him famous. His international bestseller "Liar's Poker" exposed the greed and carnage of the City and Wall Street in the 1980s; he wrote it as a cautionary tale, but people seem to have read it as a how-to guide. Now, he wants to settle accounts. In this visceral tour to the heart of the financial system, Michael Lewis takes us around the globe and back decades to trace the origins of the current crisis. He meets the people who saw it coming, the people who were asleep at the wheel and the people who were actively driving us all of cliff. How could we have all been so deluded for quite so long? Where did it all start? Was it systemic? Was it avoidable? And who the hell can we blame? Michael Lewis has the answers. No one is better qualified to get to the heart of this labyrinthine story. And no one can make it such an enjoyable ride along the way.
It looks like an absolutely awesome read!
You can buy it from online retailer Loot in hardcover for R316
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