- Author: Michael Lewis
- Publisher: Norton, W. W. & Company, Inc., 320 pages
Dive into the financial crash of 2008 and the world of bond and real estate derivatives. Michael Lewis makes matters such as subprime mortgage bonds, credit default swaps and collateralized debt obligations more interesting – and comprehensible – than you would expect. His conversational tone breaks down complex topics for the layperson, without talking down to the reader (Lewis wrote in Vanity Fair that “[my mother] has always been my standard: if my mother can’t understand what I’m saying, there’s no point in saying it”). Plus, since he tells the story through a quirky crew of investors who predicted the crisis and bet against it – to their own profit – the book reads almost like a novel.
Visit the Kiplinger Bookshelf
Sign up for Kiplinger’s Free E-Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
-
7 Things Medicare Doesn’t CoverHealthy Living on a Budget Medicare Part A and Part B leave some pretty significant gaps in your health-care coverage. But Medicare Advantage has problems, too.
-
Best Foreclosure Sites for Finding PropertiesMaking Your Money Last Wondering how to find foreclosed homes for sale for your next residence or to flip for a profit? These websites will guide you to foreclosures and real estate-owned properties to buy.
-
5 Books About Retirement That’ll Prepare You for Your Golden YearsThese books about retirement will help prepare you for your next stage through fiction and nonfiction.
-
Bond Basics: Treasuriesinvesting Understand the different types of U.S. treasuries and how they work.
-
Bond Basics: Pick Your Typeinvesting Bonds offer a variety of ways to grow wealth and fortify your portfolio. Learn about the types of bonds and how they work.
-
'A Random Walk Down Wall Street' at 50Interview 'A Random Walk Down Wall Street': 50 years on Burton Malkiel, author of the investing classic, remains a champion of index investing.
-
What Does Your Credit Score Really Mean?Basics Your score helps lenders assess the likelihood you’ll repay a loan. It can also help you assess your credit health.
-
2021 Holiday Tipping Guide: 18 People You Should RememberBasics Service workers deserve special recognition for the help they provide during COVID. That makes holiday tipping all the more important this year.
