Michael Lewis's The Big Short

Michael Big 's The Big Short tells the story of the 2008 financial crisis from the perspective of some special characters he saw. Unlike large-scale financial institutions that underestimate the risk of subprime mortgage spreading to unpaid customers, Lewis numbers accurately measure this risk and predict the eventual occurrence of real estate bubbles . Not only did they anticipate inevitability, they built wealth by betting on their outbreaks. If they follow the extreme optimism of the masses and confidence in the stability of the real estate market, they will not receive great economic benefits.

Role: The Big Short of Michael Lewis is a non-fiction book on which this movie is based, and it was a best seller when released in 2010. Lewis is one of the few people who can write about complex financial and analytics and make it easier to understand. - Like his innovative book Liar's Poker and his best-selling book Moneyball (also adopted as Brad Pitt's leading movie). Big Short 's script is very loyal to the clarity, wit and intonation of Lewis' books and focuses on the same letters. Michael Burry (Christian Bale) is actually an investor in the stock market in Scion Capital, he is not wearing shoes and hears that he is striking the metal in the office. Mark Baum (Steve Carell) is based on hedge fund manager Steve Eisman, but this movie holds his Jewish career and is told frankly. Ben Rickett (Brad Pitt) is based on Ben Hockett and has a similar end of life viewpoint.

When I saw the movie "The Big Short" in 2015, I immediately decided to read Michael Lewis' book "The Big Short: Inside the Doomsday Machine" which is the basis of this movie. Lewis was a Wall Street bond trader from the 1980s to the 1990s, but he has written several non-fiction books, many of which concern the financial industry. Since it is the first cause of the collapse, "big shortening: ending in the cabin" has little to do with the financial crisis. Lewis has four independent investment groups, Scion Capital, Dr. Managed by Michael Burry, managed by FrontPoint Partners LLC, Steve Eisman, Cornish Capital, James Mai and Charlie Ledley, and Deutsche Bank 's actions. Bond trader Greg Lippmann. These investors work independently of each other and correctly predicted the collapse of the US real estate market in 2007. Nobody did see it - or did not want that