At the Movies
Michael Wood: ‘The Big Short’, 18 February 2016
“... And that it may not matter what ain’t so as long as everyone else thinks the way you do. Michael Lewis, in the book the movie is based on, calls ‘not knowing’ a ‘talent’. ‘Their ignorance seems incredible,’ he says. ‘They’ in this case are traders who don’t know that sub-prime mortgages, waiting to default, make up 95 per cent of ... ”