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A Matter Of Opinion

July 6 Loose Thread

Recently finished “The Big Short” by Michael Lewis. He also wrote “Liar’s Poker”, another excellent book about Wall Street. This one is about the oddball characters who saw through the housing bubble and bet big that it would burst. One of them has Asperger’s Syndrome (autism), which actually helped him to study the numbers, filter out the nonsense and resist peer pressure. He was also featured on “60 Minutes.” Here is an excerpt that focuses on him.

What’s interesting is that his bet required patience, but many people investing with him didn’t have any. They carped and complained as the fund lost money. When it turned spectacularly successful and they got rich, he barely heard a peep from them. Human nature, I guess.

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A Matter of Opinion is really a matter of many opinions — those held by the people responsible for the opinion pages of The Spokesman-Review ... and yours. Check in regularly to follow the discussion and help keep it lively.

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