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.

    Whether it’s relationship drama, the constant pull of our sinful nature, a health issue, or any variety of unmet dreams, Jordan turns readers to God’s Word as the ultimate wilderness survival guide.Conversational and self-deprecatingly confessional in her delivery, this young writer finds ways to have fun with delicate subject matters, using wilderness analogies to great effect in chapters titled "Drink Plenty of Water," "Seek Shelter," and "Don’t Eat the Red Berries."

    But how about a Christian worldlife? Got one of those? Leonard Sweet wants to show you the ins and outs of living an old-fashioned faith in these newfangled times. In his engaging, symphonic, thought-bytes style, Sweet invites you to . . . Mezuzah your inverse * Do dirt and do the dishes * Cycle to church Give history a shove * Cheer rivals from the bench * Dance the salsa SoulSalsa unpacks biblical faith in ways that can change how you live in the real world. You can be a man or woman who walks the ancient path of a disciple in the world of the future. Because the NEW future is NOW--and now is the time to practice the "17 Lifestyle Requirements for Membership in the Postmodern Body of Christ." It’s no longer enough to say "Say Amen, Somebody." It’s time to "Dance the Salsa, Everybody!"--in a culture that desperately needs to see your moves.

    

    Many Canadians who own their home have never considered buying a second property. And nearly one-third of retirees are worried about running out of money. The Real Estate Retirement Plan shows how homeowners can use the tools already available to them — their mortgages — to access the initial capital to invest and prepare for their retirement. This is a proven, validated antidote to today’s historically low savings rates, poor current rates of return, and pressure on CPP and health care.With examples and a detailed discussion of the principles and mechanics, Calum Ross and Simon Giannini demystify real-estate investing and make an irrefutable case for borrowing to invest.

    . . using the key you never knew you had.Tim Tebow credits his mom with being the key to his success--but Pam never expected that she would be known on a national stage. For most of her life, she was serving quietly and faithfully as a wife and a mom--choosing life for her child in the face of medical risks, answering the Lord's call to mission work in the Philippines, and homeschooling before anyone knew what the word meant. But all along the way, her experiences--and her consistent, everyday choices to follow the Lord and to serve wherever He placed her--were creating unexpected ripples of influence throughout her family, her community, and her world. And they would end up extending far beyond anything she ever imagined.Pam believes that every one of us can be influential--and that deep within a woman's heart is the desire to use her influence for good. In Ripple Effects, Pam uncovers and explores the miraculous motivating power of influence we can have on this generation and the next, no matter where we are planted in life. Whether we are in the midst of endless diaper changes, climbing up the corporate ladder, or simply doing our best to live, love, and serve well each day, Pam will encourage us to maximize our God-given opportunities for influence--and watch how far the ripples will spread.

    In that decision, the faith she had always talked about became the faith she was going to learn how to live. In the years since, God has given Angela a passionate desire . . . to live an amazing life, even while raising four kids as a single mom. In this book she shares her hard-earned wisdom on loneliness, dating, finances, and parenting, encouraging every solo mom. "As a gift to our children," she says, "we can become healthy moms who are strong and amazing women in spite of our circumstances."

    Compact enough to fit in the glove compartment or handbag, The Portable Essential Oils is your take-anywhere guide to 250 of the most fundamental essential oil remedies anytime you need them. Having access to your essential oils when you need them is important, and also that essential oils are not a one-size-fits-all remedy. In The Portable Essential Oils, natural health expert Anne Kennedy offers ailment-specific essential oil therapies to address common health concerns—enabling you with safe, convenient ways to take your well-being into your own hands—including: 50 of the most versatile essential oils, including 7 must-haves for home or on-the-go 250 essential oils remedies for or everyday health issues Essential Oil remedies that are safe for use with children and at which ages Shopper's guide on which essential oils to buy, which to be wary of, and important questions to ask

    Senator Ben Sasse warns the nation about the existential threat to America's future. Raised by well-meaning but overprotective parents and coddled by well-meaning but misbegotten government programs, America's youth are ill-equipped to survive in our highly-competitive global economy. Many of the coming-of-age rituals that have defined the American experience since the Founding: learning the value of working with your hands, leaving home to start a family, becoming economically self-reliant—are being delayed or skipped altogether. The statistics are daunting: 30% of college students drop out after the first year, and only 4 in 10 graduate. One in three 18-to-34 year-olds live with their parents. From these disparate phenomena: Nebraska Senator Ben Sasse who as president of a Midwestern college observed the trials of this generation up close, sees an existential threat to the American way of life.In The Vanishing American Adult, Sasse diagnoses the causes of a generation that can't grow up and offers a path for raising children to become active and engaged citizens. He identifies core formative experiences that all young people should pursue: hard work to appreciate the benefits of labor, travel to understand deprivation and want, the power of reading, the importance of nurturing your body—and explains how parents can encourage them.Our democracy depends on responsible, contributing adults to function properly—without them America falls prey to populist demagogues. A call to arms, The Vanishing American Adult will ignite a much-needed debate about the link between the way we're raising our children and the future of our country.

    Internalizing society’s devaluation of the feminine, some women are killing their own natural impulses to pursue a feminist ideal that bears no relation to God’s good design. Other women struggle to conform to a fundamentalist, feminine caricature, which requires denying their full humanity and gifting.Defying both feminists and fundamentalists, Julie Roys reveals God’s true, affirming, and compelling vision for women, showing them how to reclaim what is uniquely feminine, and become healthy, balanced women of God.

    Originally published: Nashville, TN: Howard Books, 2015.

    Investing in funds is a hands-off way to build wealth over time. Avoid the stress of picking your own stocks. Let the fund managers do all the work so you can get on with more important things in life! Why invest in funds? 1. Choosing funds is easier than choosing stocks. 2. You can employ the stock picking talents of the best professional fund managers. 3. Funds hold lots of different stocks to diversify your investments. 4. Unlike with stocks, some online investment platforms won’t charge you a fee to buy or sell fund units. 5. You can buy or sell fund units on any working day of the week. 6. You can invest in funds with as little as £100 through most online investment platforms. 7. Through funds, you can own stocks that you wouldn’t normally be able to buy directly. For example, you could own a fund made up of Chinese stocks that are not directly for sale to UK citizens. This concise book covers everything you need to know to get started on the journey to financial freedom. From fundamentals, like the power of compounded investment returns, to more advanced investment techniques like Value Cost Averaging. You’ll learn how to find the right funds for your investment portfolio. The ten simple rules for effectively investing in funds will then show you how to manage your portfolio in an effective and automated way. Take control of your financial future by investing rather than saving your hard-earned money. Stop Saving Start Investing shows you how to simplify your investing without compromising on your investment returns.

    

    That’s right—and teen health expert Dr. Meg Meeker has the data and clinical experience to prove it. After more than twenty years of counseling girls, she knows that fathers, more than anyone else, set the course for their daughters’ lives. Now Dr. Meeker, author of the critically acclaimed Epidemic: How Teen Sex Is Killing Our Kids, shows you how to strengthen—or rebuild—your bond with your daughter, and how to use it to shape her life, and yours, for the better. Directly challenging the feminist attack on traditional masculinity, Dr. Meeker demonstrates that the most important factor for girls growing up into confident, well-adjusted women is a strong father with conservative values. To have one, she shows, is the best protection against eating disorders, failure in school, STDs, unwed pregnancy, and drug or alcohol abuse—and the best predictor of academic achievement, successful marriage, and a satisfying emotional life. Strong Fathers, Strong Daughters reveals: • The essential characteristics and virtues of strong fathers—and how to develop them • How daughters take cues from their fathers on everything from drug use, drinking, smoking, and having sex, to self-esteem, moodiness, and seeking attention from boys • Why girls want you to place restrictions on them (even though they’ll complain when you do) • How to become a hero to your daughter—and why she needs that more than anything • The one mistake fathers make that is the primary cause of girls "hooking up" • Why girls depend on the guidance of fathers through, and even beyond, their college years • Recipe for disaster: the notion that girls "need to make their own decisions andmistakes" • Why girls need God—and how your faith, or lack thereof, will influence her • How to communicate with your daughter—and how not to • True stories of "prodigal daughters"—and how their fathers helped bring them back Dads, you are far more powerful than you think you are. Your daughters need the support that only fathers can provide—and if you are willing to follow Dr. Meeker’s advice on how to guide your daughter, to stand between her and a toxic culture, your rewards will be unmatched

    An honest look at how children can drive the most loving parent to periodic madness, along with practical suggestions for how to cope.--Adele Faber.