If you have not yet bought the original copy, make sure to purchase it before buying this unofficial summary from aBookaDay. SPECIAL OFFER $2.99 (Regularly priced: $3.99) OVERVIEW This review of The Big Short: Inside the Doomsday Machine by Michael Lewis provides a chapter by chapter detailed summary followed by an analysis and critique of the strengths and weaknesses of the book. The main theme explored in the book is how corruption and greed in Wall Street caused the crash of the subprime mortgage market in 2008. Despite being completely preventable, the big firms in Wall Street chose to ignore the oncoming fall in favor of making money. Michael Lewis introduces characters—men outside of the Wall Street machine—who foresaw the crisis and, through several different techniques, were able to predict how and when the market would fall. Lewis portrays these men—Steve Eisman, Mike Burry, Charlie Ledley, and Jamie Mai—as the underdogs, who were able to understand and act upon the obvious weaknesses in the subprime market. Lewis’s overall point is to demonstrate how the Wall Street firms were manipulating the market. They used loans to cash in on the desperation of middle-to-lower class Americans, and then ultimately relied on the government to bail them out when the loans were defaulted. Using anecdotes and interviews from the men who were involved first-hand, the author makes the case that Wall Street, and how they conducted business in regards to the subprime mortgage market, is truly corrupt beyond repair, and the men he profiles in this novel were trying to make the best out of a bad situation. By having the words from the sources themselves, this demonstrates Lewis’s search for the truth behind what actually happened. Ultimately, we as an audience can not be sure if the intentions of these underdogs were truly good, but Lewis does an admirable job presenting as many sides to the story as possible. The central thesis of the work is that the subprime mortgage crisis was caused by Wall Street firms pushing fraudulent loans upon middle-to-lower class Americans that they would essentially not be able to afford. Several people outside of Wall Street were able to predict a crash in the market when these loans would be defaulted on, and bought insurance to bet against the market (essentially, buying short). Over a time period from roughly 2005-2008, the market crashed and huge banks and firms lost billions of dollars, filed for bankruptcy, or were bailed out by the government. These men, the characters of Lewis’s novel, were able to bet against the loans and made huge amounts of money, but it was not quite an easy journey. Michael Lewis is a non-fiction author and financial journalist. He has written several novels—notably Liar’s Poker in 1989, Moneyball in 2003, and The Blind Side in 2006. Born in New Orleans, he attended Princeton University, receiving a BA degree in Art History. After attending London School of Economics and receiving his masters there, he was hired by Salomon Brothers where he experienced much about what he wrote about in Liar’s Poker. He is currently married, with three children and lives in Berkeley, California. SUMMARY PROLOGUE: POLTERGEIST Michael Lewis begins his tale of the remarkable—and strange—men who predicted the immense fall of the housing market by immediately exposing himself as the exact opposite type of person from them. He explains to the reader that he has no background in accounting, business, or money managing.

    Millions of fans have enjoyed Bremer’s observations, insight, and magical storytelling on television broadcasts. Now, in this striking memoir, the Minnesota native and lifelong Twins fan takes fans behind the mic, into the clubhouse, and beyond as only he can. Told through 108 unique anecdotes–one for each stitch in a baseball–Bremer weaves the tale of a lifetime, from childhood memories of the ballfield in remote Dumont, Minnesota, to his early radio days as the “Duke in the Dark,” to champagne soaked clubhouses in 1987 and 1991, and his encounters with Twins legends ranging from Calvin Griffith and Harmon Killebrew, to Kirby Puckett and Kent Hrbek, to Joe Mauer and Justin Morneau. Game Used gives fans a rare seat alongside Bremer and his broadcast partners, including Killebrew, Bert Blyleven, Jack Morris, Jim Kaat, Tom Kelly, and other Twins legends.

    Levitt's and Stephen J. Dubner's book. This is a summary of Steven D. Levitt's and Stephen J. Dubner's book. It provides a detailed and concise description of their books' content, key ideas and facts. In Think Like a Freak, economist Steven Levitt and journalist Stephen Dubner advice how to master the economic way of thinking described in their previous bestsellers. To say it briefly, thinking like a Freak means being willing to think outside the box. The book offers advice, which may be useful to those who want to make better decisions and achieve better results when dealing with minor issues or major worldwide reforms. The kind of thinking, which is promoted in the book, is inspired by the economic approach. The economic approach is both simpler and broader than merely focusing on the economy. It claims to be independent of ideology, and it uses data in order to understand how the world works, how incentives thrive, how resources are distributed, and what prevents people from getting those resources. --------------------- Book summaries published by Brief, Concise and to the Point Publishing are designed to keep readers up to date and knowledgeable regarding new and significant books. Book summaries are perfect for people, especially busy professionals, who do not have the time to read books in their entirety. The main benefits of reading book summaries published by Brief, Concise and to the Point Publishing: 1. Our book summaries help you save your time and money. Instead of spending days or even weeks reading an important book, simply take one or two hours to read our concise book summary. It will introduce you to the book's primary content, ideas, arguments and facts. It will also help you decide whether it is worthwhile to invest your time and money in the entire book. 2. Our book summaries are truly comprehensive. Some other publishers' superficial book summaries do not exceed 15 to 20 pages, although they are presented as lengthy summaries. Our extensive book summaries include all the essential information you need to know. 3. Our books help you retain more information pertaining to the book's content. Academic studies have proven that people retain more of what they read in a summary as compared with what they remember after reading a book. Please note that according to the U.S. copyright law, the ideas and facts presented in books, as well as book titles, are not protected by copyright law.

    Every developed nation in the world at one time went through the transformation from predominantly informal, extralegal ownership to a formal, unified legal property system. In the West we've forgotten that creating this system is also what allowed people everywhere to leverage property into wealth. This persuasive book will revolutionize our understanding of capital and point the way to a major transformation of the world economy.

    Unfortunately most of these are PREDICTABLE and AVOIDABLE. Tact and diplomacy can only get you so far in the wild and wacky world of project work. A combination of outrageous creativity, sheer bravado and nerves of steel will serve you far better than any fancy-schmancy Microsoft Project Gantt chart!'Scrappy Project Management' is about what REALLY happens in the project environment, how to survive it, and how to make sure that your team avoids the predictable and avoidable pitfalls that every project faces.

    Blending theory with practice, the book helps pre-service and in-service teachers develop the knowledge, skills, attitudes, and beliefs they'll need to construct learning environments that make it possible for all students to reach their potential.

    Whether regaling us with a typically embarrassing celebrity anecdote or trying to control a particularly chaotic round of 'innuendo bingo', his company is always brilliantly entertaining, thanks to his infectious enthusiasm and easygoing manner. But behind the microphone sits a man whose route to the top has been anything but straightforward.In this witty and endearingly honest autobiography, Scott describes his incredible career and the hurdles he's faced along the way. Aside from the sometimes humiliating - but frequently hilarious - jobs that are part and parcel of a local radio DJ's apprenticeship, he's had to deal with crippling anxiety attacks, alcohol and weight issues, and a great deal more over the years. But his desire to land his dream job has always prevailed, and he's now one of the nation's favourite radio and television broadcasters, travelling the world on both serious assignments and altogether more bizarre adventures.From washing cars on a garage forecourt off the A4 in the name of radio entertainment, to encounters with some of the world's biggest celebrities, Love You Bye provides Scott's legions of fans with a fascinating look at the life of the man whose voice they know so well.

    Parents will be inspired to break free of conventions, unleash their child's unique creative genius, cultivate determination, and create an authentic atmosphere of learning.

    Ridges brings the books of Exodus through Ruth to life with his well-known teaching skills. In addition, he provides some direction and helps for understanding 1 Samuel through Proverbs. In-the-verse notes provide a highly effective, unique teaching tool. Notes between the verses provide additional insights and teach principles and doctrines. Join the tens of thousands of readers who have experienced spiritual growth from reading and pondering the books in this series.

    This is the amazing story of a woman who survived a near fatal explosion. Incredibly, that was only the beginning of her story. During the event, she experienced a NDE (Near Death Experience). She retained vivid memories of going to the spirit side and from that unique out-of-body perspective; she helped celestial beings put her body back together so she could return to life. She wanted to share what the experience was like as viewed from the spirit side. A true tale of survival and courage, sure to empower others who read it.

    Now you can harness the power of your inborn psychic awareness.In his lifetime, American visionary Edgar Cayce introduced thousands to the wonders of psychic awareness. Now his carefully preserved writings are illuminated by well-known psychologist Henry Reed, Ph.D. In the words and spirit of Edgar Cayce, this guide will give you the knowledge you need to build a foundation for ESP and unlock the secrets of heightened awareness, including:-Psychic sensitivity-a natural part of perception-Exercises to develop your psychic intuition-Experimenting with clairvoyance, telepathic suggestion, and open channeling-Meditation and recognizing the patterns that can change your life

    It is also, fortunately, not a matter of luck. There are many things to understand about how children’s minds operate and what they need from those who look after them so they can develop into the best version of themselves.The Good Enough Parent is a compendium of lessons, including ideas on how to say 'no' to a child one adores, how to look beneath the surface of 'bad' behaviour to work out what might really be going on, how to encourage a child to be genuinely kind, how to encourage open self expression, and how to handle the moods and gloom of adolescence.Importantly, this is a book that knows that perfection is not required – and could indeed be unhelpful, because a key job of any parent is to induct a child gently into the imperfect nature of everything. Written in a tone that is encouraging, wry and soaked in years of experience, The Good Enough Parent is an intelligent guide to raising a child who will one day look back on their childhood with just the right mixture of gratitude, humour and love.

    In It Takes a Family: Conservatism and the Common Good , Santorum articulates the humane vision that he believes must inform public policy if it is to be effective and just. An appreciation for the civic bonds that unite a community lies at the heart of genuine conservatism. Moreover, Santorum demonstrates how such an approach to political, social, and economic problems offers the most promise for those on the margin of life: the poor, the vulnerable, and minorities who have often been excluded from opportunity in America.Santorum argues that conservative statesmanship is animated by a sense of stewardship for an inheritance. But what do we inherit as Americans? And how can we be good stewards of that inheritance? Building on Robert Putnam’s discussion of “social capital,” the habits of association and trust that are the preconditions of any decent society, Santorum assesses how well, in the past generation, Americans have cared for the “fabric” of society. He explores in detail various dimensions of social and cultural connection that are the foundation of the common good. And he presents innovative policy proposals for the renewal of American society at all levels.Throughout his book, Santorum emphasizes the central role of the family—in contradistinction to the metaphorical “village” of the federal government, as promoted by Hillary Clinton—in achieving the common good. With a sustained argument touching on first principles throughout, this ambitious and original book is a major contribution to contemporary political debate. It Takes a Family further establishes Santorum as the leader of reform-minded civic conservatives in America.

    Prior to the tournament, a statistician calculated the Bulldogs as a 200-to-1 shot to win. But as fascinating as what Butler accomplished was how they did it. Underdawgs tells the incredible and uplifting story. Butler’s coach, 33-year-old Brad Stevens, looked so young he was often mistaken for one of the players, but he had quickly become one of the best coaches in the nation by employing the “Butler Way.” This philosophy of basketball and life, adopted by former coach Barry Collier, is based on five principles: humility, passion, unity, servanthood, and thankfulness. Even the most casual observer could see this in every player, on the court and off, from NBA first-round draft pick Gordon Hayward to the last guy on the bench. Butler was coming off a great 2009–10 regular season, but its longtime existence on the periphery of major college basketball fostered doubt as March Madness set in. But after two historic upsets, one of top-seeded Syracuse and another of second-seeded Kansas State, and making it to the Final Four, the Bulldogs came within the diameter of a shoelace of beating the perennial leaders of college basketball: the Duke Blue Devils. Much more than a sports story, Underdawgs is the consummate David versus Goliath tale. Despite Duke’s winning the championship, the Bulldogs proved they belonged in the game and, in the process, won the respect of people who were not even sports fans.

    trading partner in sub-Saharan Africa, petroleum-rich Nigeria exports half its daily oil production to the United States. Like many African nations with natural resources coveted by the world's superpowers, the country has been shaped by foreign investment and intervention, conflicts among hundreds of ethnic and religious groups, and greed. Polio has boomed along with petroleum, small villages face off with giant oil companies, and scooter drivers run their own ministates. The oil-rich Niger Delta region at the heart of it all is a trouble spot as hot as the local pepper soup.Blending vivid reportage, history, and investigative journalism, in A Swamp Full of Dollars journalist Michael Peel tells the story of this extraordinary country, which grows ever more wild and lawless by the day as its refined petroleum pumps through our cities. Through a host of colorful characters--from the Area Boy gangsters of Lagos to a corrupt state governor who stashed money in his London penthouse, from the militants in their swamp forest hideouts to oil company executives--Peel makes the connection between Western energy consumption and the breakdown of the Nigerian state, where the corruption of the haves is matched only by the determination and ingenuity of the have-nots. What has happened to Nigeria is a stark warning to the United States and other economic powers as they grow increasingly frantic in their search for new oil sources: unbridled plunder eventually rebounds on those who have done the taking.A Swamp Full of Dollars--shortlisted for the Guardian First Book Award--shows that if the Arab world is the precarious eastern battle line in an intensifying world war for crude, then Nigeria has become the tumultuous western front.