October 7th
Uncategorized

Understanding The Real Estate Market Collapse

I never did understand how anyone could invest in “derivatives.” Even the people who sold them could never explain them to me. And then I read The Big Short by Berkeley’s Michael Lewis.  It not only put the entire real estate collapse into perspective, but also helped me understand those who were behind it all. […]

I never did understand how anyone could invest in “derivatives.” Even the people who sold them could never explain them to me. And then I read The Big Short by Berkeley’s Michael Lewis. 

It not only put the entire real estate collapse into perspective, but also helped me understand those who were behind it all. It’s recommended reading for those that wish to understand these turbulant times. Beautifully written and with lots of juicy insider vignettes.


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