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Against the Rules: The Big Short Companion

Pushkin Industries
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Psychology Of Sports Fans

Michael Lewis’s best-selling book The Big Short is now 15 years old. The Oscar-winning movie based on it came out a decade ago. To mark the occasion, Lewis has narrated a new audiobook of The Big Short. Here on his podcast, he and co-host Lidia Jean Kott are thinking about the legacy of the book, the movie, and the financial crisis of 2008. Michael catches up with the director of the movie, Adam M... more

PublishesWeeklyEpisodes108Founded7 years ago
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Artwork for Against the Rules: The Big Short Companion

Latest Episodes

According to the science, it really is better to give than receive. Donating a dollar; sharing a kind word or lending someone a hand changes lives, but can also hugely boost your happiness. So we're teaming up with other podcasts from Hidden Brain to... more

Of all the characters in The Big Short, fund manager Michael Burry (depicted by Christian Bale in the movie version) seemed the least likely to grant Michael Lewis a follow-up interview. Burry was one of the first to see the subprime housing market c... more

To wrap up our series on The Big Short, Michael Lewis speaks with two people who represent two very different responses to the financial crisis of 2008: US Senator Elizabeth Warren, an expert in bankruptcy law who became an advisor to the Obama White... more

To make sense of Wall Street’s hangover from the crash described in The Big Short, Michael Lewis calls up Matt Levine. Levine is author of the Money Stuff newsletter for Bloomberg Opinion and co-host of a podcast by the same name. He’s also a former ... more

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Recent Guests

Elizabeth Warren
United States Senator from Massachusetts and consumer advocate
U.S. Senate
Episode: How the Financial Crisis Broke Politics
Steve Bannon
Former White House advisor, media executive, and political strategist
War Room Podcast
Episode: How the Financial Crisis Broke Politics
Matt Levine
Columnist for Bloomberg Opinion and host of the newsletter and podcast Money Stuff
Bloomberg
Episode: How the Financial Crisis Broke Wall Street
Andrew Ross Sorkin
Financial journalist and author of '1929, Inside the Greatest Crash in Wall Street History, and How It Shattered a Nation'
The New York Times
Episode: Lessons of the Great Depression
Emi Nakamura
Chancellor's Professor of Economics at UC Berkeley
UC Berkeley
Episode: Lender of Last Resort
Porter Collins
Trader at FrontPoint Partners
Episode: The FrontPoint Boys
Vincent Daniel
Trader at FrontPoint Partners
Episode: The FrontPoint Boys
Greg Lippmann
Chief Investment Officer at Libra Max Capital
Libra Max Capital
Episode: The Short Sellers
Steve Eisman
Hedge fund manager and key character featured in 'The Big Short'
Episode: The Big Short is Big Back

Host

Michael Lewis
Author and journalist known for best-selling books addressing financial and societal issues, including 'The Big Short.'

Reviews

4.4 out of 5 stars from 13k ratings
  • Nobody does it better!

    I’m not quite sure how he does it. Actually, I’ve taken a master class and seen and heard Reid enough interviews with Michael Lewis to know exactly how he does it. His gift is getting to the Zeitgeist when is equipped and the rest of the team, they’re unstoppable!!

    Apple Podcasts
    5
    Bkminvest
    United Statesa month ago
  • I have learned lots about human motivations through this podcast

    Podcast Addict
    5
    baconaddict
    a month ago
  • Amazing podcast

    I admire Michael Lewis for his sense of Justice, and listening to the episode 7, listening to his son, showed me that we need more fathers like him.

    Apple Podcasts
    5
    Xiomi1409
    United Statesa month ago
  • The best

    Or at least one of the best - don’t miss this

    Apple Podcasts
    5
    styria8741
    Austria2 months ago
  • China/America Relations

    Love to listen to how Lewis touts about the greatest country in the world… China! Yes, you heard it first Lewis is moving to China! Go prove China wrong about American’s. Can’t be against the rules out there though.

    Apple Podcasts
    4
    and hi the egg hi knf
    United States2 months ago

Listeners Say

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There are mixed feelings regarding the cadence and content depth; some episodes are described as enlightening while others feel less impactful, reflecting a broad range of interests.
Many express admiration for the high-profile guests and the contemporary relevance of the discussions, highlighting the show's timely approach to revisiting past financial crises.
Listeners appreciate the insightful analysis and storytelling, particularly Michael Lewis's ability to distill complex financial concepts into relatable narratives.

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Talking Points

Recent interactions between the hosts and their guests.

How the Financial Crisis Broke Wall Street
Q: What lessons do you think we should have learned from the financial crisis that maybe we didn't?
The main lesson is to worry about short-term funding and the risks associated with runnable debt.
How the Financial Crisis Broke Wall Street
Q: What came out of the financial crisis that's still with us?
There has been a shift in who takes risks in the financial industry, moving away from traditional investment banks to hedge funds and alternative asset managers.
The FrontPoint Boys
Q: How do you explain the ignorance of the most important people in the world?
Many were blinded by greed and the possibility of making money, which led them to ignore the reality of the situation.
The FrontPoint Boys
Q: Why didn't everybody do their homework regarding the market?
People got away with good grades without doing their homework; they thought it would work forever until it didn't.
The FrontPoint Boys
Q: If you're just explaining to your kids what the hell the financial crisis was without using financial jargon, how would you explain it?
The housing market crashed due to bad loans made to people who couldn't afford them, resulting in widespread economic failure.

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Frequently Asked Questions About This Podcast

What is This Podcast about and what kind of topics does it cover?

This podcast explores the legacy of Michael Lewis's best-selling book and Oscar-winning film, The Big Short, which tells the intricate story of the 2008 financial crisis. Through conversations with prominent figures such as journalists, directors, and economists, it seeks to understand the repercussions of the crisis and how its lessons continue to resonate in today's economic landscape. The engaging narratives blend insights from real-life characters depicted in the film with discussions on macroeconomic themes, making complex financial topics accessible and relevant to listeners interested in society and culture, as well as business dynamics. This series not only revisits a significant historical event but also reflects on its ongoing imp... more

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These podcasts share a similar audience with this podcast:

1. Revisionist History
2. Cautionary Tales with Tim Harford
3. Freakonomics Radio
4. Risky Business with Nate Silver and Maria Konnikova
5. People I (Mostly) Admire

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this podcast launched 7 years ago and published 108 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on this podcast?

Recent guests on this podcast include:

1. Elizabeth Warren
2. Steve Bannon
3. Matt Levine
4. Andrew Ross Sorkin
5. Emi Nakamura
6. Porter Collins
7. Vincent Daniel
8. Greg Lippmann

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