Sunday, August 29, 2010

Michael Lewis - The Big Short - how we lost our economy

Tim Bray has written a review of Michael Lewis book "The Big Short". Tim loves Lewis book.

Do read Bray's review and lessons learned. Lesson 1: People in the Finance industry are in the business of making money for themselves. Obvious, but easily forgotten.

Bray gives us some links to read. Here they are, followed by some of mine:

Tim's links:
Old posts of mine:
It all feels like ancient history, but it was only two years ago, it's not fixed (especially the rating agencies from hell), and most of us are still unsure we really understand what hit us.

Of course I think it was fundamentally computers and China. Robotics, AI and Peak Oil lie ahead, so get used to the whitewater.

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