The Big Short: by Michael Lewis
aBookaDay - 2016
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.
The 21 Biggest Lies about Donald Trump (and you!)
Kurt Schlichter - 2020
In Schlichter’s signature fast-paced and hilarious style, he debunks the 21 biggest lies the left is peddling to smear not only President Trump, but hardworking people across the country who are sick and tired of the swamp’s incompetent and self-serving leadership.Length: 8 hrs and 30 mins
Bully's Second Chance (Tall, Dark and Handsome Billionaires #6)
J.P. Comeau - 2021
There are some dark moments that depict abuse that may cause you distress.
Well: What We Need to Talk about When We Talk about Health
Sandro Galea - 2019
And what do they get for it? Statistically, not much. Americans today live shorter, less healthy lives than citizens of other rich countries, and these trends show no signs of letting up.The problem, Sandro Galea argues, is that Americans focus on the wrong things when they think about health. Our national understanding of what constitutes "being well" is centered on medicine -- the lifestyles we adopt to stay healthy, and the insurance plans and prescriptions we fall back on when we're not. While all these things are important, they've not proven to be the difference between healthy and unhealthy on the large scale.Well is a radical examination of the subtle and not-so-subtle factors that determine who gets to be healthy in America. Galea shows how the country's failing health is a product of American history and character -- and how refocusing on our national health can usher enlightenment across American life and politics.
Roping His Bride
Jagger Cole - 2020
...I should’ve listened.My job for a development company has me in the middle of nowhere Montana trying to secure a land deal. There’s just a few teeny problems. One: the ornery, foul-mouthed, cocky rancher who owns the place would rather eat horse turd than sell.The second? Tucker James is hotter than hell, tempting as sin, and all sorts of irresistible. And the third? A freak storm has me stranded at his ranch and out of cell service, with a tree-branch turning my car into a pancake. Now I’m up Tucker James creek without a paddle. I’m white wine and Louboutins. He’s whiskey and spurs. Plucky city girl meets rugged country boy? This is no movie “meet-cute”. This is a meet-disaster. Trying to buy his ranch might be a mistake. Sharing his bed most certainly is. But falling for the gorgeous rancher who wants nothing more than a wife and a family? Well that’d be the biggest mistake of all.Good thing there’s no way I’m falling for Tucker James. After all, those James boys are nothing but trouble…
Promised: A Mafia Arranged Marriage Romance
Mae Doyle - 2021
The Furious Method: Transform your Mind, Body and Goals
Tyson Fury - 2020
TRANSFORM YOUR BODY AND MIND.MAKE YOUR COMEBACK. From weighing twenty-eight stone and fighting a deep depression, to his amazing return to heavyweight champion of the world, Tyson opens up and share his inspiring advice and tips on diet, exercise regime, and his incredible journey back to a healthier body and mind. Frank, accessible and inspiring, The Furious Method is a feel-good and motivating tonic, full of inspirational advice for readers on how we can all improve our physical and mental health. And how we can all create a champion mind-set.Whatever your starting point or past set-backs, Tyson will show you how you can make your own comeback and start living your life to the fullest - fighting fit, mentally restored, and stronger than ever.
The Principal's Guide To School Budgeting
Richard D. Sorenson - 2006
This unique budgetary survival guide will enhance your instructional, technical, and managerial skills not only as the school′s leader but also as the school′s visionary, planning coordinator, and budgeting manager.
Food Babe Kitchen: More than 100 Delicious, Real Food Recipes to Change Your Body and Your Life
Vani Hari - 2020
This book will inspire you to take control of your health and ditch processed foods for good.Get ready to ditch processed foods for good, and eat the cleanest, healthiest food on the planet!With more than 100 mouthwatering recipes-from Biscuits with Whipped Honey Butter to Baja Fish Tacos, Grapefruit Goddess Salad, Luscious Lemon Bars, and even Homemade Doritos-the Food Babe Kitchen will show readers how delicious and simple it is to eat healthy, easy, real food.Food Babe Kitchen shows you how to shop for the healthiest ingredients by breaking down every aisle in the grocery store with expert label-reading tips and simple swaps, plus a handy meal-planning guide and pantry list to stock your kitchen for success.Eat healthfully, close to the earth, with the best ingredients that you choose, so when you sit down to enjoy a delicious meal you know what you are eating, and you haven't spent all day in the kitchen!Easy-to-follow directions, eye-catching photography, and simple substitutions to accommodate vegan, dairy-free, grain-free, and other diets, make this the ultimate guide to getting back into the kitchen to create healthful meals for yourself and those you love.Getting off processed food has never been easier-or more delicious.
Taken by the Commander
Stella Rising - 2019
Instead I was taken as a captive.Raised in luxury, I didn't know men like Commander Ondru existed... until the day he captured me. He claims to be holding me for ransom, but the look in his eyes says he's keeping me.Naked, leashed, and chained, I was put on display with my well-punished bottom still burning and the shameful evidence of my body's helpless surrender already glistening on my bare thighs.Now, fully at his mercy, I can only wonder what this brute has in store for me...Publisher's Note: Taken by the Commander includes spankings and sexual scenes. If such material offends you, please don't buy this book.
El Chapo: The Untold Story of the World's Most Infamous Drug Lord
Noah Hurowitz - 2021
Over the course of three decades, El Chapo was responsible for smuggling hundreds of tons of cocaine, marijuana, heroin, meth, and fentanyl around the world, becoming in the process the most celebrated and reviled drug lord since Pablo Escobar. El Chapo waged ruthless wars against his rivals and former allies, plunging vast areas of Mexico into unprecedented levels of violence, even as many in his home state of Sinaloa continued to view him as a hero. This unputdownable book, written by a great new talent, brings El Chapo’s exploits into a focus that previous profiles have failed to capture. Hurowitz digs in deep beyond the legends and delves into El Chapo’s life and legacy—not just the hunt for him, revealing some of the most dramatic and often horrifying moments of his notorious career, including the infamous prison escapes, brutal murders, multi-million-dollar government payoffs, and the paranoia and narcissism that led to his downfall. From the evolution of organized crime in Mexico to the militarization of the drug war to the devastation wrought on both sides of the border by the introduction of synthetic opioids like fentanyl, this book is a gripping and comprehensive work of investigative, on-the-ground reporting.
Intermediate Accounting, Volume 2
Donald E. Kieso - 2000
Intermediate Accounting integrates this new information throughout the chapters so they'll learn how to apply the new global accounting standards. Global examples are presented to clearly show how the information is utilised in the field. The use of various currencies is also explored, which is critical for accountants to know in today's global businesses environment.
Your Fully Charged Life: A Radically Simple Approach to Having Endless Energy and Filling Every Day with Yay
Meaghan B. Murphy - 2021
Spanning health, work, family time, and more, this book reveals small changes in outlook and habits that yield big results, without ever sacrificing who you are.Informed by the latest research in neuroscience, positive psychology, and inspiring examples of women and men who live fully charged every day, the book presents simple ways to: - cultivate gratitude--and pass it along - make meaningful connections with the people around you - learn to say no--so you can fill your days with things that matter to you most - recharge when you need it - spread the positive charge to others to make the world a happier, healthier placeGoing beyond platitudes and shallow Insta-inspiration, this inspiring and empowering book provides a blueprint for feeling less stressed and genuinely making the most of your every day.
The Triumph of Nancy Reagan
Karen Tumulty - 2021
Of the pair, Nancy was the one with the sharper instincts about people, the superior radar for trouble, and the keen sense of how to secure his place in history. The only person in the world to whom Ronald Reagan felt truly close, Nancy understood how to foster his strengths and compensate for his weaknesses. Neither timid nor apologetic about wielding her power, Nancy Reagan made herself a place in history. But that confidence took years to develop. Nancy’s traumatic early childhood instilled in her a lifelong anxiety and a craving for security. Born into a broken marriage, she spent seven years yearning for the absent mother who abandoned her to pursue an acting career. When she met Ronnie, who had a difficult upbringing of his own, the two fractured halves became whole. And as Ronnie turned from acting to politics, she did too, helping build the scaffolding of his rise and cultivating the wealthy and powerful figures who would help pave his way. Not only was Nancy crucial in shaping Ronald’s White House team and in softening her husband’s rhetoric, she became an unseen force pushing her husband toward what she saw as his grandest purpose—to shake his image as a warmonger and leave behind a more peaceful world. This book explores the multifaceted character of Nancy Reagan and reveals new details surrounding the tumultuous presidency. The Washington Post columnist Karen Tumulty spent four years interviewing the people who knew this couple best and draws on overlooked archives, letters, memoirs, and White House records, compiling the most extensive biography of Nancy Reagan yet. From the AIDS epidemic to tensions with the Soviets and the war on drugs, this book shows how Nancy Reagan became one of the most influential First Ladies of the century.
The Multifamily Millionaire, Volume I: Achieve Financial Freedom by Investing in Small Multifamily Real Estate
Brandon Turner - 2021
No matter how much cash or experience you currently have, this book will take you on a journey through buying your first multifamily investment property and give you a framework for turning that into long-term financial freedom. Millionaires are created every day—isn’t it time you joined the ranks? It won’t happen overnight and it won’t always be easy, but The Multifamily Millionaire series will make sure it happens sooner than you ever thought possible! Inside this book, you’ll discover:• How to create a million-dollar net worth in five years using the stack method • The seven different types of small multifamily real estate and which make the best rental properties• How to quickly and accurately analyze your investment, whether its two units or twenty units • Three creative no and low money down strategies that work in any market• A game-changing algorithm for estimating your ongoing repair and reserve expenses • The powerful Multifamily Millionaire Model that illustrates how a million dollars can be created from one single deal• Six off-market acquisition strategies to help you land incredible deals, even in a competitive market• How the BRRRR strategy can help you supercharge your small multifamily portfolio• Detailed instructions for managing your growing portfolio (hint: find five-star tenants!)• And so much more