“They had stumbled either upon a serious flaw in modern financial markets or into a great gambling run. Characteristically, they were not… — Michael Lewis Copy Share Image
“There was more than one way to think about Mike Burry’s purchase of a billion dollars in credit default swaps. The first… — Michael Lewis Copy Share Image
“On its surface, the booming market in side bets on subprime mortgage bonds seemed to be the financial equivalent of fantasy football:… — Michael Lewis Copy Share Image
“When the Goldman Sachs saleswoman called Mike Burry and told him that her firm would be happy to sell him credit default… — Michael Lewis Copy Share Image
“Both had trouble generating conviction of their own but no trouble at all reacting to what they viewed as the false conviction… — Michael Lewis Copy Share Image