The book is a series of transcribed interviews with an anonymous hedge fund manager, taken while the economy was sort of going down in flames. The hedge fund manager seems very clever, and had some laugh-out-loud analogies that I enjoyed.
I am a business major, in a career slightly related to finance, and I have an embarrassingly tenuous grasp on what all caused our delightful current economic situation. I hoped this book would give me insight. It did, to an extent. It was either too basic or way over my head though. It went from super basic, to tossing terms around without really explaining them. So, I still am not comfortable with what exactly a credit default swap is, or all that. But I do have a better grasp on exactly what hedge funds (and their managers) do for the economy.
My favorite part of this book was the vocabulary! I love learning and using really pretentious and obscure words. This book taught me no fewer than six new ones. That, at about one new word for every forty pages, might be a world record for books that are even worth reading! I am not sure I will ever be able to use any of these in a sentence, but I will sure try. My new words are the following, with definitions from Dictionary.com.