The Short Sellers

Michael Lewis sits down with Greg Lippmann and Steve Eisman, the investors made famous by The Big Short, to trace the origins of their suspicion about the subprime mortgage market. They recount the specific data points and anomalies that set off alarm bells, how they perceived one another in the uncertain months before the crash, and what it felt like to be right while everyone else was wrong. The conversation reveals the behind-the-scenes dynamic between two of the key figures who bet against the housing bubble, exploring the loneliness of the contrarian trade and the psychological grit required to hold an unpopular position.