The Big Short – Michael Lewis

The Big Short tells the story of a few investors who saw the 2008 financial crisis coming while most of the market ignored the risk. It explains how greed, bad incentives, and complex financial products broke the system. The focus is on understanding risk, questioning assumptions, and thinking independently.

Key points:
• Exposes the causes of the 2008 crisis
• Shows failure of banks and rating agencies
• Highlights power of independent thinking
• Risk ignored leads to collapse
• Complexity hides real danger
• Few people questioned the system
• Knowledge beats blind trust