![]() Norton & Company.Īlso question is, how did the big short work?Įssentially, they bet that the US housing market would crash, using a process known as 'shorting'. The book was released on March 15, 2010, by W. The Big Short: Inside the Doomsday Machine is a non- fiction book by Michael Lewis about the build-up of the United States housing bubble during the 2000s. In The Big Short, how much did the funds actually spend to enter the trades? Mark Baum, at one stage, said he wanted half a billion more in swaps, but only got paid out $1 billion in the end, so did he only make $500 million?Īlso, is the big short fiction? The Big Short. ![]() Also know, how much did Mark Baum make in the big short?
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