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Market Folly
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Market Folly is your go-to source for all the latest activity from prominent hedge funds. We're pleased to announce our brand new quarterly newsletter, Hedge Fund Wisdom. In it, you'll see what the hedge funds have been buying and selling. We track 25 of the most prominent managers in the game... More
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  • Michael Lewis' New Book: The Big Short 0 comments
    Mar 24, 2010 6:38 PM
    Noted author Michael Lewis' newest book entitled The Big Short: Inside the Doomsday Machine was just released. Recently, the television show "60 Minutes" had a feature on this book and interviewed Michael Lewis as well as Scion Capital hedge fund manager Michael Burry, who Lewis profiled in the book for his bet against subprime.

    The most fascinating aspect about this story is how Burry saw how subprime was deteriorating even long before the most 'famous' managers who also profited on this play (like John Paulson). If you enjoyed Gregory Zuckerman's book on John Paulson entitled The Greatest Trade Ever, then it seems you would also be fond of Lewis' new book.
     
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