Resource
quotes
- When Mike Burry bought a credit default swap based on... - The Big Short: Inside the Doomsday Machine
January 18, 2022 - These people whose job it was to allocate capital apparently... - The Big Short: Inside the Doomsday Machine
January 18, 2022 - the synthetic subprime mortgage bond–backed CDO, or collateralized debt obligation.... - The Big Short: Inside the Doomsday Machine
January 18, 2022 - the pay-as-you-go credit default swap. The buyer of the swap—the... - The Big Short: Inside the Doomsday Machine
January 18, 2022 - The CDO was, in effect, a credit laundering service for... - The Big Short: Inside the Doomsday Machine
January 18, 2022 - “That’s when I decided the system was really, ‘Fuck the... - The Big Short: Inside the Doomsday Machine
January 18, 2022 - In Eisman’s view, the unwillingness of the U.S. government to... - The Big Short: Inside the Doomsday Machine
January 18, 2022 - If you wanted to predict how people would behave, Munger... - The Big Short: Inside the Doomsday Machine
January 18, 2022 - And he explained that they avoided free checking because it... - The Big Short: Inside the Doomsday Machine
January 18, 2022 - A credit default swap was confusing mainly because it wasn’t... - The Big Short: Inside the Doomsday Machine
January 18, 2022