As the under-the radar-math-focused guy who made billions shorting the US mortgage market, Michael Burry offers an insightful summary of the history of the housing bubble, how he saw the bust coming, how he profited and why most of those “in the know” were oblivious then and remain so today. (Hat tip: MG) Common sense, practical assessments trump.
Cory’s Chart Corner
“An explosive critique about the investment industry: provocative and well worth reading.”
“Juggling Dynamite, #1 pick for best new books about money and markets.”
“Park manages to not only explain finances well for the average person, she also manages to entertain and educate, while cutting through the clutter of information she knows every investor faces.”