# The Big Short ## Metadata * Author: [Michael Lewis](https://www.amazon.comundefined) * ASIN: B003LSTK8G * ISBN: 0393338827 * Reference: https://www.amazon.com/dp/B003LSTK8G * [Kindle link](kindle://book?action=open&asin=B003LSTK8G) ## Highlights The catastrophe was foreseeable, yet only a handful noticed. Among them: a Minneapolis hedge fund called Whitebox, a Boston hedge fund called The Baupost Group, a San Francisco hedge fund called Passport Capital, a New Jersey hedge fund called Elm Ridge, and a gaggle of New York hedge funds: Elliott Associates, Cedar Hill Capital Partners, QVT Financial, and Philip Falcone’s Harbinger Capital Partners. What most of these investors had in common was that they had heard, directly or indirectly, Greg Lippmann’s argument. In Dallas, Texas, a former Bear Stearns bond salesman named Kyle Bass set up a hedge fund called — location: [1597](kindle://book?action=open&asin=B003LSTK8G&location=1597) ^ref-64854 --- LEAPs. — location: [1726](kindle://book?action=open&asin=B003LSTK8G&location=1726) ^ref-28997 --- Black-Scholes models ourselves, and seeing what happened — location: [1753](kindle://book?action=open&asin=B003LSTK8G&location=1753) ^ref-52271 ---