Sitting alone in his San Jose office, Michael Burry saw the bubble in the subprime-mortgage market before anyone else. So he convinced Wall Street to let him bet on it, even though few were betting on him. The article that became The Big Short.
Less than a week after Katrina, Michael Lewis goes home to New Orleans.
How do you start closing the gap between rich and poor? Convince the rich to do it themselves.
On the urge to live in a house you can't afford, the "acceptable lust" of American life.
How Brad Katsuyama, a trader at the sleepy Royal Bank of Canada, discovered that the stock market was rigged and assembled a team to change it.
Adapted from Flash Boys: A Wall Street Revolt.
On the best teacher the writer ever had.
Shortly before leaving Goldman Sachs, Sergey Aleynikov downloaded around 32mb of source code from their high-frequency stock-trading system. Even as he was sent away for an eight year bid in federal prison, no one seemed to fully understand exactly what he did.
Unprecedented access to six months in the life of the President of the United States.
On a pair of Israeli psychologists who between 1971 and 1984 “published a series of quirky papers exploring the ways human judgment may be distorted when we are making decisions in conditions of uncertainty.”
From Vallejo to San Jose, a tour of local government despair:
The relationship between the people and their money in California is such that you can pluck almost any city at random and enter a crisis.More Lewis: the complete financial disaster tourism series to date.