After reading The Big Short and discussing its contents with people who know a lot more about the financial industry than I do, I was surprised to find how much the book stood up under their scrutiny. So many popular books seem to lead me down a deceptive rabbit-hole of semi truths and poetic license given for the sake of sensationalism whereas Michael Lewis just seems to have a knack for telling the facts as a compelling story.
Also, this quote from the article struck a chord with a lot of the internal dialogue I have about doing what I know is important as opposed to doing what is profitable:
>> "They had been so transformed by the rates of pay and the needs it had created in them, they couldn’t escape from it. “
Also, this quote from the article struck a chord with a lot of the internal dialogue I have about doing what I know is important as opposed to doing what is profitable:
>> "They had been so transformed by the rates of pay and the needs it had created in them, they couldn’t escape from it. “