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Cover of The Big Short: Inside the Doomsday Machine by Michael LewisThe Big Short: Inside the Doomsday Machine
Modern · Nonfiction, History, Business

The Big Short: Inside the Doomsday Machine

by Michael Lewis
2010 · 320 pages · Nonfiction
Lifetime bestseller
≈ 8 hours to read · about 2 weeks at 30 minutes a day

What it's about

Michael Lewis tells the story of the 2008 financial crash through the handful of oddballs who saw it coming and bet against the housing market: in the obscure markets for mortgage bonds and derivatives, where Wall Street built securities no one understood, they realized the whole system was built on loans that would never be repaid.

Why it's worth reading

It spent six weeks at #1 on the New York Times bestseller list and more than 100 weeks on the lists overall. Lewis makes complicated finance clear and funny, and he leaves you angry.

You'll love it if you liked

Good to know

You don't need to understand finance going in; Lewis explains everything. The characters are as memorable as any novel's.

By the numbers

83.4Must-Read Score
  • Readers90 out of 100 · counts 42%
  • Critics0 out of 100 · counts 14%
  • Bestseller79 out of 100 · counts 34% (its stronger lane)
  • Buzz0 out of 100 · counts 10%

Critics and Bestseller are two ways to earn a place: a book's stronger one counts more. Buzz rewards recent bestseller weeks and prizes, so older books start at zero. The parts combine into the Must-Read Score, shown on a scale where the best book we found scores 99 and the last book to make the ranking scores 50.

Where it ranks

Why it made the list

Bestseller
#1 New York Times bestseller (6 weeks at #1)101 weeks on the New York Times bestseller lists since 2010

Reads as

True story, Thought-provoking

How we rank

Already read it? Upload your Goodreads or StoryGraph history and get the 50 best books you haven't read, tuned to your taste.Get my 50

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Explore the best-of lists

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Quick answers

Is The Big Short: Inside the Doomsday Machine worth reading?

Yes. It spent six weeks at #1 on the New York Times bestseller list and more than 100 weeks on the lists overall. It ranks #208 of the 2,816 books in our ranking, with a Must-Read Score of 83.4 (the best book we found scores 99).

What is The Big Short: Inside the Doomsday Machine about?

Michael Lewis tells the story of the 2008 financial crash through the handful of oddballs who saw it coming and bet against the housing market: in the obscure markets for mortgage bonds and derivatives, where Wall Street built securities no one understood, they realized the whole system was built on loans that would never be repaid.

How long does it take to read The Big Short: Inside the Doomsday Machine?

About 8 hours (320 pages), or about 2 weeks at 30 minutes a day.

What should I read after The Big Short: Inside the Doomsday Machine?

If you liked it, try Moneyball by Michael Lewis, Bad Blood: Secrets and Lies in a Silicon Valley Startup by John Carreyrou or Too Big to Fail by Andrew Ross Sorkin.