The big short. The Big Short Explained

Witnessing unemployment rates rocket whilst homes, families and actual lives are lost, disintegrating into an ever-increasing total fuelled by greed and sickening motives Writing in faintly Tom Wolfe-ian prose, Mr
Determined to win, Billy confronts the system by challenging the biggest players in the sport By February 2006, many of the savviest players on Wall Street had their eyes on Dr

A felicitous topic that ages more flavorous than a cheap bottle of Chambord with every passing year, yet presented in the most condescending manner available.

The Big Short Explained
No one else was bothering to do the hard, tedious work of actually studying up on the companies they were investing in
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I'm really impressed that they were able to condense this long, complex, multi-faceted story into a movie that really works
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And Steve Carell continues to show that he is not just a great comedian, but one of the best actors today
Chau, a CDO specialist whom Baum interviews in Las Vegas, and as Georgia Hale, an employee of Though I am certain that there's moments where the film did take liberties and they didn't point it out
The system is broken, and the events that preceded the tipping point are the most important years of modern history By a huge amount of tedious work, reading boring, jargon-heavy literature put out by the banks and other financial institutions, they realized that there was a massive fraud being perpetrated on investors in this bond market, an area that had rapidly come to hugely outstrip the traditional equity market

The film was good but the book filled in the gaps.

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15 Financial Movies Like The Big Short
For exclusive stock picks, investment ideas and CNBC global livestream Sign up for CNBC Pro Start your Correction: Michael Burry is long puts against 800,100 shares of Tesla, according to a filing with the SEC
The Big Short: Inside the Doomsday Machine: Lewis, Michael: 8601400333891: maskedonion.com: Books
But when they hired Ben Hockett, doors began to open
Which characters in “The Big Short” are based on real people?
One of the themes of the movie is that regular people had no idea what was going to happen because they were too distracted by other things and weren't paying attention to their own circumstances
A dreadful tale of the banking industry where those in the know let a disaster happen, coming away unscathed with increased bank accounts funded by the public By high school, he had a full-blown investment portfolio
Michael Burry specialized in identifying companies that could be acquired for less than their liquidation value—that is, finding companies that the market was undervaluing On May 8, Gillan confirmed she was shooting her scenes

I rarely give a book five stars, but I do so without hesitation in this case.

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Burry operates his own hedge fund, , and uses his liquidity to short the housing market
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I understand why McKay took this approach
The Big Short (2015)
A number of the other characters, while still based on real-life people, had components of their personalities modified for the film, but Burry is true Burry