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I’m confused. There is literally a book about it, and it is objectively pretty decent. There is also a movie, and they did a phenomenal job.

The key takeaway is that there are opportunities for those willing to look. Most mortgage bond investors had no interest in researching what was in the bonds and how safe/unsafe they may have been; they just trusted agencies. But, like any asset class, those who are willing to spend the time digging in can potentially uncover opportunities.

 

I’m assuming you just mean books on the financial crisis other than The Big Short.

Chain of Blame is fantastic. It really gets into the details and background of the residential mortgage business.

If you’re more into commercial, read Other People’s Money by Bagali. It talks about the Stuy town deal with Tishman Speyer

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

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