The Big Short: Inside the Doomsday Machine and over 2 million other books are available for Amazon Kindle . Learn more

Have one to sell? Sell yours here
Sorry, this item is not available in
Image not available for
Image not available

Start reading The Big Short: Inside the Doomsday Machine on your Kindle in under a minute.

Don't have a Kindle? Get your Kindle here, or download a FREE Kindle Reading App.

The Big Short: Inside the Doomsday Machine [Hardcover]

Michael Lewis
4.6 out of 5 stars  See all reviews (167 customer reviews)

Available from these sellers.


Amazon Price New from Used from
Kindle Edition £5.31  
Hardcover --  
Paperback £5.59  
Audio, CD, Audiobook --  
Unknown Binding --  
Audio Download, Unabridged £11.65 or Free with 30-day free trial

Book Description

15 Mar 2010
"The Big Short" tells a story of spectacular, epic folly. It has taken the world's greatest financial meltdown to bring Michael Lewis back to the subject that made him famous. His international bestseller "Liar's Poker" exposed the greed and carnage of the City and Wall Street in the 1980s; he wrote it as a cautionary tale, but people seem to have read it as a how-to guide. Now, he wants to settle accounts. In this visceral tour to the heart of the financial system, Michael Lewis takes us around the globe and back decades to trace the origins of the current crisis. He meets the people who saw it coming, the people who were asleep at the wheel and the people who were actively driving us all of cliff. How could we have all been so deluded for quite so long? Where did it all start? Was it systemic? Was it avoidable? And who the hell can we blame? Michael Lewis has the answers. No one is better qualified to get to the heart of this labyrinthine story. And no one can make it such an enjoyable ride along the way.

Product details

  • Hardcover: 288 pages
  • Publisher: Allen Lane (15 Mar 2010)
  • Language: Unknown
  • ISBN-10: 1846142571
  • ISBN-13: 978-1846142574
  • Product Dimensions: 23.4 x 16.4 x 3.4 cm
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (167 customer reviews)
  • Amazon Bestsellers Rank: 90,433 in Books (See Top 100 in Books)

More About the Author

Michael Lewis was born in New Orleans and educated at Princeton University and the London School of Economics. He has written several books including the New York Times bestseller, Liar's Poker, widely considered the book that defined Wall Street during the 1980s. Lewis is contributing writer for the New York Times Magazine and also writes for Vanity Fair and Portfolio magazine. He is married with three children.

Product Description


There aren't many reasons to be happy about the global financial crisis, but here's one: that it brought Michael Lewis back to his roots, to produce what is probably the single best piece of financial journalism ever written (Felix Salmon Reuters )

Each chapter is full of the kind of dialogue you do not hear even in the best-written Hollywood films ... Lewis is back (John Arlidge Sunday Times )

No one writes with more narrative panache about money and finance than Mr. Lewis (Michiko Kakutani New York Times )

Hugely entertaining (Economist )

If you read only one book about the causes of the recent financial crisis, let it be Michael Lewis's, The Big Short (Steven Pearlstein Washington Post )

The Big Short is superb: Michael Lewis doing what he does best, illuminating the idiocy, madness and greed of modern finance ... But what truly sets Michael Lewis apart from other writers is his craft ... the end result is devastating (Salon )

Eagerly anticipated ... A triumph ... Lewis builds the tension of this tug-of-war expertly, so much so that The Big Short reads like a thriller (Antonia Senior Times )

Lewis creates magnificent financial set-pieces (James Buchan Guardian )

Lewis is hugely entertaining ... a terrifying story, superbly well told (David Flusfeder Daily Telegraph )

About the Author

Michael Lewis was born in New Orleans and educated at Princeton University and the London School of Economics. He has written several books including the New York Times bestseller, Liar's Poker, widely considered the book that defined Wall Street during the 1980s. Lewis is contributing writer for the New York Times Magazine and also writes for Vanity Fair and Portfolio magazine. He is married with three children.

Inside This Book (Learn More)
Browse Sample Pages
Front Cover | Copyright | Table of Contents | Excerpt | Back Cover
Search inside this book:

What Other Items Do Customers Buy After Viewing This Item?

Customer Reviews

Most Helpful Customer Reviews
137 of 153 people found the following review helpful
Format:Hardcover|Verified Purchase
Let me get one thing straight out of the way - this book is unlikely to have the impact of Liar's Poker (Hodder Great Reads) for two reasons. The former was one of the first on the subject and defined 1980s banking to an extent, it got many graduates excited about potentially becoming BSDs themselves. It was in a way the perfect pitch for the industry, working even better as a result of being a critique of the system. The second reason was that while Liar's Poker was timely, this book came out a bit late to the 2008 financial meltdown party. Books like The Black Swan: The Impact of the Highly Improbable or Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets were a lot more timely, and while not everyone will appreciate Taleb's writing style, they were in some ways more general and applicable to broader sets of situations.

Be that as it may, Lewis is still an accomplished writer and knows how to package the book well. Unlike in Liar's Poker, this book is not based on his own personal experiences (he retired from the industry prior to writing Liar's Poker) but follows several of the investors, who saw the unsustainability of the subprime mortgage market and decided to short it ahead of the curve. Through their stories Lewis shows how the market developed, the systemic problems plaguing the sector (a bit like in the second part of Liar's Poker) and how the downfall happened.
Read more ›
Was this review helpful to you?
76 of 85 people found the following review helpful
5.0 out of 5 stars Generation Kill goes to Wall Street 12 May 2010
Format:Hardcover|Verified Purchase
Michael Lewis is one of the most gifted and entertaining writers today - anyone who has read his reputation-forming Liar's Poker will know this (if you haven't, and you aspire to a career in finance, you should), but his subsequent offerings, particularly the singularly brilliant Moneyball have also been outstanding. He distinguishes himself from his peers firstly by his thorough insider's understanding of how, when and why finance works (and by extension how, when and why it doesn't) but also a deft turn of phrase and devastating wit. When the subject is the logic-defying but leaden topic of tranched portfolio credit derivative armageddon, both attributes are in good demand. And both, in the shape of Lewis' airy but insightful writing, are in abundant supply.

The rosette for "best book about the financial meltdown" is hotly contested - luminaries such as George Soros, Mohamed El-Erian and Hank Paulson have entered more or less weighty tomes (some excellent, some portentous, some a bit wacky); as have well-respected and deeply learned journalists like the NY Times' Andrew Ross Sorkin and the FT's Gillian Tett.
Read more ›
Was this review helpful to you?
4 of 4 people found the following review helpful
This book is brilliant in its explanation of the mechanisms that brought us the credit crisis. It explains very well how a combination of stupidity (people that did not understand their own products), reward systems (for bankers, brokers and rating agencies alike) created a setting that made people think that they had created a method to turn lead into gold. In a very non-technical way, this book explains above all the folly of the Collateralized Debt Obligations and how a combination of some crooks (and a lot of dumb people) in the investment business created this mess. It is written from the perspective of the few smart people who saw the emperor's new clothes (financial engineering that was supposed to remove risk) for what they were, bet against them and won, while the rest of the world lost out.
Comment | 
Was this review helpful to you?
4 of 4 people found the following review helpful
5.0 out of 5 stars Writing with style on the dark side of finance 21 April 2010
Format:Hardcover|Verified Purchase
The book's salient points appear on the bottom half of p.243 " Wall Street investment banks somehow conned the rating agencies into blessing piles of crappy loans;how this had enabled the lending of trillions of dollars to ordinary Americans;how ordinary Americans had happily complied and told the lies they needed to tell to obtain the loans;how the machinery that turned the loans into supposedly riskless securities was so complicated that investors had ceased to evaluate the risks;how the problem had grown so big that the end was bound to be cataclysmic and have big social and political consequences..."

The elements that comprise the book excellence are:the first class intellect of the author matching the quality of the Institutions he was educated namely Princeton University and the London School of Economics;his charisma in writing concisely, lucidly and impressively wittily, and the fact that he is imbued with morality;the story is not presented in the abstract but through brilliant albeit eccentric protagonists - all betting and winning against the market - such as Steve Eisman graduating from the University of Pennsylvania magna cum laude,and then with honours from Harvard Law School and Dr Michael Burry who abandoned neurology studies at Stanford to immerse himself in the world of finance.
Read more ›
Comment | 
Was this review helpful to you?
Would you like to see more reviews about this item?
Were these reviews helpful?   Let us know
Most Recent Customer Reviews
5.0 out of 5 stars Good read and insightful
Michael Lewis writes in an approachable and easy to read style that results in an absorbing and entertaining read. Read more
Published 18 days ago by Janno
5.0 out of 5 stars One of the best 'post-mortems' about the financial crisis - extremely...
For a "finance" book, The Big Short reads more like a novel, and I couldn't put it down once I'd started reading it. Read more
Published 23 days ago by SEK
4.0 out of 5 stars Easy to read (you don't need to know your interest ...
A confession - I once worked selling adverse credit mortgages to people who should, by all rights, have been living in rented accomodation. Nontheless still shocking. Read more
Published 27 days ago by Keith Wileman
5.0 out of 5 stars Lewis in Fine Detail
A genius with detail.
Published 1 month ago by James Hunter
5.0 out of 5 stars The Great Exposure
A great book. As always, Lewis gets the facts and chases the money trail. A little over the head of a the normal average mortgage holder to apreciate but a startling inditement of... Read more
Published 2 months ago by Trevor Evans
5.0 out of 5 stars if you have even a passing interest in how the subprime mortgage...
Another excellent Lewis book, played out through a set of characters, this book is a masterpiece! However reading it without some basic derivative/finance knowledge is going to be... Read more
Published 3 months ago by R. B. Mason
5.0 out of 5 stars If you thought the financial crash was bad, read this
If you thought Lewis' story of the 2007/8 crash was scary, His sequel exposes the 'conspiracy of ignorance' in several governments and the legacy of debt that is still unfolding... Read more
Published 3 months ago by MR D E RANCE
5.0 out of 5 stars Great Book
The technical words are not too difficult to understand for someone outside of finance.
Would recommend it to anyone for or against the financial sector
Published 4 months ago by sean
5.0 out of 5 stars Good description of the financial world
This book is very easy to read and explains how inside Wall Street only a few people found that the sub-prime mortgage system was about explode. Read more
Published 4 months ago by Ignacio N.
5.0 out of 5 stars Very entertaining
The book to read my M. Lewis besides Liar's Poker. Both are very entertaining trips to what really happens on Wall Street...
Published 4 months ago by Tero Ojanperä
Search Customer Reviews
Only search this product's reviews

Customer Discussions

This product's forum
Discussion Replies Latest Post
Kindle Price 0 27 Dec 2010
See all discussions...  
Start a new discussion
First post:
Prompts for sign-in

Search Customer Discussions

Look for similar items by category