
Title | : | Panic!: The Story of Modern Financial Insanity : Lewis, Michael |
Author | : | |
Rating | : | |
ISBN | : | 0141042311 |
ISBN-10 | : | 978-0141042312 |
Language | : | English |
Format Type | : | Kindle , Hardcover , Paperback , Audiobook & More |
Number of Pages | : | 400 pages |
Publication | : | Penguin Books |
Panic!: The Story of Modern Financial Insanity : Lewis, Michael Reviews
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There are plenty of decent articles in this volume but it is pretty lightweight.It is interesting just how inaccurate some of them have proved to be.Certainly Michael Lewis' article on LTCM seems to take them at their own word as to howThe rest of the world was irrational rather than their model being flawed.I think that lots of them are probably available for free.Dave Barry's article about attending a wealth seminar is brilliant. It is just a shame that people still get fooled by these snake oil peddlers.
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not as well focused as his other works
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OK
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As with all Michael Lewis books, it is a great read. Be careful though you could get hooked to finance. Great booked!!
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This collection of articles of financial panics in the modern era starting from the stock market crash on black monday in october '87 to the sub prime mortgage crisis of '08 describes vividly the extent of excesses and callousness of wall street firms in the conduct of financial transactions since thereagan era which has proved to be detrimental to the global economy in general and the american economy in particular.A must read for all those who are interested in finance and economics.